Currency pair EUR USD EUR USD at the beginning of December 2016 firmly testing the lower boundary of the area forex triangle patterns. At the moment, there is the potential for the formation of the descending pattern is 1:1 in order to fall below the level of 1.0370. To complete this model, it is important to see the test level of 1.0820, where one can consider selling the pair with the tight stop. EUR USD forecast Euro exchange rate at December 2016 Cancellation option drop and bearish forex mining model will be strong growth above the level of 1.10, in…
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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.
Currency pair EUR USD EUR USD continues to move in line with expectations and our forecast of the euro the dollar tomorrow. Currently tested quotes pair region of the upper boundary of the descending channel, which indicates the likely incidence of rebound and a potential target of the model FX 1:1 in the area below 1.0320. EUR USD Forecast Euro Dollar Forex December 9, 2016 Cancellation option will be the fall of the strong growth and the breakdown of 1.0860 areas, that will indicate the quotations leaves the channel, and continued growth in EUR USD. In favor of the continuation…
Quotes of the dollar yen currency pair USD JPY continued development of a downward correction in the framework of the beginning of the mining model, pivot forex head and shoulders to reduce to below 109.70 area. Cancellation option will be a strong growth of quotations of USD/JPY above the level of 114.50, which will point to a continuation of an upward trend with the upside above the 116.50 area. USD JPY FORECAST Dollar Yen on December 9, 2016 Currently quotes already broke through the line Neck reversal pattern that indicates the completion of the model continued decline. Among the data…
Quotes BRENT crude oil continues to move in the forex model Wolfe waves with the potential to reduce and working out at a level below the area of $ 46 per barrel. We continue to hold the sale BRENT crude oil with a close stop. Analysis and forecast of oil prices BRENT on December 9, 2016 Cancellation option will reduce the growth of quotations and strong oil prices above the local maximum level that indicates an continuation of growth. Is expected to accelerate the fall of the dollar is a breakdown of the level of 53 per barrel. Analysis and…
Currency pair Australian dollar against the US dollar USD AUD continued tight test the upper limit of the downward channel. In favor of the continuation of the fall of the Australian dollar quotations stands the test downward trend line on the indicator of relative strength. Technical analysis and forecast of AUD USD on December 9, 2016 The purpose of the fall is still the area at a level below 0.73. Cancellation option of falling quotations AUD USD above 0.7510 level, which will point to the abolition of bearish forex models 5-0 and continued development of growth. We continue to keep…
Currency pair pound dollar GBP USD shows the development of ascending correction within the framework of the completion of the formation of topping model Forex Head and Shoulders. From current levels we can expect attempts to begin falling within the mining model in order to reduce to below 1.2450 area. GBP USD Forex forecast and analysis on December 9, 2016 Cancellation option will be a strong growth of quotations GBP / USD above the 1.2850 level, which will point to the abolition of the model and the continued growth of quotations of the dollar the pound. Expect to accelerate reduction…
Currency pair USD CHF Franc Dollar continues moving inside the bullish forex model Wolfe waves with a potential target of growth above the level of 1.0250. Forecast Forex Swiss Franc USD CHF on December 9, 2016 Cancellation option will drop the pair of quotes and the breakdown of the area below the level 0.9950, which will point to a continuation of the downward trend. Expect to accelerate the development of an upward movement is a breakdown of the level 1.0145. Forecast Forex Swiss Franc USD CHF on December 9, 2016 assumes growth in an attempt to start mining within the…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued growth of quotations in the area of the upper boundary of the descending channel model 5-0, where we should expect the pair to rebound and fall to below 0.70. NZD USD Forecast New Zealand Dollar on December 9, 2016 An additional signal in favor of reducing dense stands the test downward trend line an indicator of relative strength. Cancellation option will be a strong growth of quotations NZD / USD above the 0.7310 level, which will indicate the quotations leaves the descending channel and correction…
Quotes Gold XAU USD continues moving inside the descending channel, gold price tightly test resistance area, indicating that the attempt to reduce bounce and development in the area below the level of 1150. XAU USD Forex Forecast Gold price on December 9, 2016 Cancellation option of reduction of quotations and prices for gold will be strong growth of quotations XAU USD above the level of 1180, that indicate an price leaves the channel, and the development of ascending correction. XAU USD Forex Forecast Gold price on December 9, 2016 suggests an attempt to continue the reduction in the rebound from…
The currency pair Canadian dollar against the US dollar USD CAD continues to test the support area, and at the moment there is a potential for growth in cancers rebound values of the indicator of the relative strength of the support area. Technical Analysis USD CAD and forex forecast on December 9, 2016 The aim of growth of quotations of the Canadian dollar pair is the area above the level of 1.3650. USD CAD Acceleration of growth of quotations is expected breakdown level of the descending trend line on the indicator of relative strength. Cancellation option will be the growth…