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 on a local maximum level. Currently quotes able to qualitatively test punched boundary of the rising channel. It also formed a forex model Diamond, the breakdown of which point to the continued growth of quotations USD CAD higher than 1.34. USD CAD Forecast Canadian Dollar on October 26, 2016 Cancellation option will drop in prices of the Canadian dollar below the level 1.3250, which will point to a continuation of a downward correction for the pair to below 1.3150. We try to buy the pair with…

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Quotes BRENT crude oil continues to trade near the area of a local maximum. At the moment, the structure of the movement of oil and quotations is the formation of Forex Triangle patterns. In the near future is expected to attempt to test the upper boundary and a penetration level of support and development of a downward movement in the framework of the beginning of working out such a model. Analysis and forecast of oil prices BRENT on October 26, 2016 The purpose of the fall is the area on the level below 49 dollars per barrel. We continue to…

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Quotes of WTI crude oil continues to trade on the level of resistance, and at the moment has the potential to fall under the mining model bearish Wolfe wave with a potential target falls below 41 dollars per barrel level. Cancellation option quotes and falling prices of WTI will be strong growth above the level of $ 53 per barrel. Oil WTI forecasts and analysis on October 26, 2016 In favor of the beginning of the fall also supports the formation of reversal pattern Forex Head and Shoulders and breakdown support level is expected to attempt to continue falling with…

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Currency pair Australian dollar against the US dollar USD AUD continues to trade within the framework of the formation of topping model Forex Head and Shoulders. The immediate goal of the fall is the area of quotations at the level of 0.7550. Cancellation option will drop the pair a strong growth of quotations above level 0.7660, which will point to the abolition of the model and the continued growth of quotations USD AUD. AUD USD Forecast Australian Dollar on October 26, 2016 We continue to hold to sell the pair and are ready to increase the volume of sales to…

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Currency pair pound dollar GBP USD continues to trade within the framework of the development of the downward trend, the pound at the moment movement structure is a triangle forex pattern. We look forward to trying to break the model down and develop quotes GBP USD falling to a potential target of falling below 1.18. GBP USD rate forecast pounds on October 26, 2016 Cancellation option will be a strong growth of quotations of the pair above the 1.2350 level, which points to a continuation of upward correction for the pair. An additional signal in favor of selling the pound…

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Currency pair EUR USD continues to trade in a downtrend, and now the value of the relative strength indicator tight test the resistance line, indicating the potential drop since the current levels. We continue to hold the sale of a currency pair euro dollar in order to reduce the level of 1.0750. EUR USD Forecast Euro dollar exchange rate on October 26, 2016 Cancellation of the fall of quotations options EUR USD will be strong growth of the pair above the 1.0990 level, which points to a continuation of upward correction for the pair. EUR USD Forecast Euro dollar exchange…

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The currency pair USD CHF continues to trade within the upward movement. At the moment, the pair quotes are testing the uptrend line on the indicator of relative strength for the purpose of quotation rises above level 1.0140. USD CHF Dollar Frank Forecast on October 25, 2016 Cancellation option will drop in prices pair USD CHF below 0.9870 that the continuation of a downward correction. USD CHF Dollar Frank Forecast on October 25, 2016 suggests an attempt to continue its growth in the rebound from the uptrend line on the indicator of relative strength for the purpose of growth of…

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Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued in the development of downward movement. At the moment, preserved potential for falling New Zealand dollar quotations in the area below the level of 0.7040. NZD USD Forecast New Zealand Dollar on October 25, 2016 Cancellation option will be a strong growth of quotations of the pair above the 0.7285 level. We continue to hold to sell the pair and are ready to increase the volume of sales to the extent of the fall. NZD USD Forecast New Zealand Dollar on October 25, 2016 suggests…

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Quotes Gold XAU USD continues to trade within the descending channel, currently retained potential for a fall of quotations of gold in the area below the level of 1180 in the framework of the descending forex 1: 1 model. Cancellation option quotations falling and the price of gold will be strong growth in 1285 above the level of quotations that will point to the continued growth of gold prices. XAU USD Forex Forecast Gold prices on October 25, 2016 In favor of the fall is the breakdown of the trend line on the indicator of relative strength. XAU USD Forex…

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Quotes of the dollar yen currency pair USD JPY continues to test the area of a local maximum. At the moment, there is the potential for the drop in prices to USD JPY below 102.40. Cancellation option will be a strong growth of quotations of dollar above the level of 104.70 yen, which will point to the abolition of the mining model, forex head and shoulders. USD JPY FOREX forecast Dollar Yen on October 25, 2016 In the case of growth of quotations beyond the upper boundary of the rising channel is expected to attempt to continue the development of…

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