The currency pair Canadian dollar against the US dollar USD CAD continues to test the area of a local maximum and at the moment there are risks to see an attempt to couple the growth of quotations in the area above the level of 1.34. Cancellation option will drop in the Canadian dollar below the level 1.3220, which will point to the attempt of a downward correction. USD CAD Forecast Canadian Dollar on October 25, 2016 Now we can expect an attempt to test the support line on the price chart and the graph indicator of relative strength then is…
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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.
Quotes BRENT crude oil continues to trade at the level of 52 dollars per barrel. At the moment, preserved potential for a fall of quotations and oil prices to below $ 48 per barrel in the framework of working out a reversal pattern Forex Head and Shoulders. To complete this model, it is important to see the dollar test area 53 a barrel, after which we can expect an attempt to fall. Oil price forecast BRENT on October 25, 2016 Cancellation option will increase in quotes and strong oil prices above the level of 54 dollars per barrel, which will…
Quotes of WTI crude oil continues to trade on the local resistance level and at the moment there is a potential for the development of oil quotations drop to below $ 47 a barrel within the mining reversal pattern Forex Head and Shoulders. Also, do not forget the beginning of the descending pattern Wolfe waves for the purpose of falling below the level of 42 dollars per barrel. Oil WTI forecasts and analysis on October 25, 2016 Cancellation option will drop the strong growth of quotations and sample region 53 dollars per barrel, which will point to continued growth. In…
Currency pair Australian dollar against the US dollar AUD USD continues to trade lower, but at this time there is an attempt of a minor correction for the pair. It is necessary to expect the beginning of USD AUD quotations fall within the beginning of working out a reversal forex head and shoulders pattern with a potential target of the fall below 0.7450. AUD USD Forecast Australian Dollar on October 25, 2016 Cancellation option of falling Australian dollar quotations will be a strong growth of the pair above the 0.7750 level. We continue to hold the sale and are ready…
Currency pair pound dollar GBP USD is still trading within the descending channel and currently there are risks to see the continuation of falling pound against the dollar to below 1.18. GBP USD Forecast FOREX pounds on October 25, 2016 We try to sell the pair GBP/USD with a close stop. Cancellation option will be a strong growth of quotations of the pound against the dollar above the level of 1.24, which points to the breakdown of the upper boundary of the channel and the continued growth of quotations in the area above the level of 1.28. GBP USD Forecast…
Currency pair EUR USD is trading within a downtrend. At the moment, there is the potential to see the growth of quotations in the area above the level of 1.0930, where the test the upper boundary of the descending channel will take that point to a continuation of the fall of the Euro against the US Dollar. EUR USD Forecast Euro Dollar Forex October 25, 2016 In favor of the fall also serves quick test of the descending trend line on the indicator of relative strength. We continue to hold the sale of EUR/USD quotes for the purpose of falling…
Quotes of gold XAU USD tightly test area of the rising channel’s lower border. At the moment, there is the potential to bounce up in the area above the level of 1280 and only then start falling of quotations and prices of gold in the area below the level of 1160. The benefit of the price fall is the breakdown of the area of support on the indicator of relative strength, and do not wish to go into the price testing of bovine models 5-0, which indicates the fall in the area at the level of 88.6% Fibonacci. XAU USD…
The currency pair New Zealand Dollar US Dollar NZD USD continues to trade within a descending forex model 5-0 with a potential target of the fall below the level of 0.60. In favor of the continuation of falling of pair of quotes from current levels in favor completion of the formation of forex model failure swing on the indicator of relative strength. Forecast New Zealand Dollar exchange rate November 2016 Cancellation option falling NZD USD quotations in November 2016 will be a strong growth and the breakdown of the area above the level of 0.76, which indicates the continuation of…
Dollar Currency pair USD CHF Franc continues trading within the framework of the beginning of the mining triangle forex pattern with a potential target price growth of the pair above the level of 1.03. In favor of this option shall take the sample top model of the border, as well as the breakdown of the descending trend line on the indicator of relative strength, which indicates the resistance of the field test at a local maximum. USD CHF Forecast of the Swiss franc November 2016 Cancellation option of continued growth of quotations of the pair usdchf forex will be a…
Currency pair USD JPY Dollar Yen continues to try and turn at the moment there is a good chance to see the top of a pair of quotations growth in the area above the level of 110 with a potential test area 116 within the working off a broken trend line on the indicator of relative strength. Cancellation option price growth pair Dollar Yen in November 2016 the camp of the pair falling below the level of 100, which points to a continuation of the fall. USD JPY Forecast Japanese Yen November 2016 But do not rule out an attempt…