Author: forex24pro

I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.

The currency pair Canadian dollar against the US dollar USD CAD continues to trade above the upper boundary of the rising channel, which indicates the continuation of USD/CAD quotes growth in the region at a level above 1.3450. Also continuing formation forex model Diamond, a breakdown of which, we should expect an attempt to continue the growth of the Canadian prices. USD CAD forex forecast for the Canadian Dollar on October 27, 2016 Cancellation option can be a drop in USD/CAD below the level 1.3290, which will point to a drop in prices to below the level of 1.3150. We…

Read More

Quotes of WTI crude oil continues to trade within the mining model bearish Wolfe wave with the potential to reduce the level below the area of $ 41 per barrel. Cancellation option will increase in quotes above the strong level of 53 dollars per barrel, which will point to the potential continuation of the growth of WTI crude oil prices. Oil WTI and analyst forecasts on October 27, 2016 As you can see, the quotes have already broken through the support area, which also is in favor of continuing decline. Oil WTI and analyst forecasts on October 27, 2016 suggests…

Read More

Currency pair Australian dollar against the US dollar AUD USD showed an increase and is currently trading at the resistance in the form of a downward trend line on the indicator of relative strength. We should expect a new attempt to fall in the rebound from the line for the purpose of falling below the level of 0.7590. AUD USD Forecast Australian Dollar on October 27, 2016 Cancellation option will be a strong increase in the Australian dollar quotations on October 27, 2016higher than 0.77, however, this growth will trigger the formation of the descending wave pattern Wolfe that will…

Read More

Currency pair pound dollar GBP USD continues to trade in line with expectations and our forecast of Pound to Dollar. Quotes were able to break through the lower boundary of triangle forex pattern that points to the potential continuation of falling of quotations GBP/USD below 1.18. GBP USD Forex Forecast pounds on October 27, 2016 Cancellation option will be a strong growth of quotations of the pound above the level of 1.23, which indicates the continuation of upward correction. We hold short positions and are ready to increase the volume of sales decreasing. GBP USD Forex Forecast pounds on October…

Read More

Currency pair EUR USD continues to trade within the downward trend with a potential target of the fall below 1.0650. At the moment, the pair quotes are trying to develop an upward correction. However, in the near future will be held again test the descending trend line on the indicator of relative strength that will point to a continuation of the fall. If the trend line is broken, we should expect continued growth in the region above the 1.10 level within the framework of the completion of upward correction for the pair. EUR USD Forecast Forex Euro Dollar on October…

Read More

Trading Signals Australian Dollar AUD/USD on October 27, 2016 This currency pair AUD/USD once again approached the upper border of the daily range, from which one can consider selling, so sell at the current price 0.7696, StopLoss place of 0.7740, the goal of reducing 0.7580. Trading Signals Japanese Yen USD/JPY on October 27, 2016 Currency pair USD/JPY has updated the highs and immediately returned to the recently traded range, it shows a false breakdown up, so you can consider selling at current prices, of StopLoss place 104.90, the goal of reduction of 102.80. Trading Signals Swiss franc USD/CHF on October…

Read More

The currency pair USD CHF continues to trade in an uptrend. At the moment, saved the potential for continued growth of quotations pair USD CHF in the area above the level of 1.01 in the rebound from the rising support line on the indicator of relative strength. USD CHF Forex Dollar Frank forecast on October 26, 2016 Cancellation option will drop in prices pair usdchf below 0.9850, it will point to the continued decline in the area below the level of 0.98. USD CHF Forex Dollar Frank forecast on October 26, 2016 suggests an attempt to continue the growth of…

Read More

Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to trade within a descending channel with a potential target of the fall below the level of 0.70. Cancellation option will be a strong growth of quotations NZD USD above 0.7280 level, which points to the continued growth of quotations of the New Zealand dollar above the 0.74 level within the framework of the development of upward correction for the pair. NZD USD Forecast New Zealand Dollar on October 26, 2016 We continue to hold the sale NZD USD and are willing to try out…

Read More

Quotes Gold XAU USD continue to closely test the upper limit of the downward channel model 1:1, indicating that an continuation of the fall in the area below the 1180. Cancellation option will be a strong growth of quotations and price of gold above the level of 1275, which points to continued growth and development of an upward movement. XAU USD Forex Forecast Gold prices on October 26, 2016 An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength. XAU USD Forex Forecast Gold prices on October 26,…

Read More

Quotes of the dollar yen currency pair USD JPY continues to test the upper boundary of the rising channel, which indicates a potential drop to below 103. Cancellation option drop in prices pair yen dollar will be strong price growth above the level of 105, which points to the continued growth of quotations of the pair. In this case, we can expect acceleration of the upward movement of the pair. USD JPY FOREX forecast Dollar Yen on October 26, 2016 An additional signal in favor of the fall is the resistance of the downlink test indicator of relative strength. USD…

Read More