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.

Quotes of the currency pair New Zealand dollar against the US dollar NZD USD showed continued growth in line with expectations and our forecast of NZD/USD. NZD/USD Forecast FOREX — June 7, 2016 At the moment, the pair quotes reached the nearest level of resistance in the form of a descending channel, or rather the boundaries. Hence, we can expect the beginning of a downward correction. In the case of penetration of the upper level of the channel is expected to continue growing in the area above the level of 0.72. In the case of the continued growth of quotations…

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Quotes Gold XAU USD continues to trade within the framework of the formation of topping models forex head and shoulders. Currently we should expect continued growth of quotations of gold above the level of 1280, where you can try to sell the gold with a stop above the level of 1295. XAU USD Forecast FOREX — June 7, 2016 Cancellation option fall within mining forex reversal patterns will be strong growth in gold prices above the level of 1300. The target of the fall and working out a reversal pattern appears the area below the level of 1150. XAU USD…

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Quotes of the dollar yen currency pair USD/JPY continued to fall in line with expectations. At the moment, there is potential for further drop in prices USD JPY further down in the area at a level below 104. USD JPY Forecast FOREX — June 7, 2016 Cancellation option may be to try a reversal from these levels, in this case, you can get forex reversal patterns and head and shoulders to see strong growth in the dollar yen pair quotes. USD JPY Forecast FOREX — June 7, 2016 assumes a continuation of a pair of quotes fall within the descending…

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Quotes of WTI crude oil also continues to trade within the forex pivot head and shoulders pattern with a view to a potential fall in the level of below $ 45 per barrel. Price of WTI crude oil forecast — June 7, 2016 Cancellation option quotes and drop in oil prices of WTI will be strong Rots quotations above the level of 50 dollars per barrel. We try oil sales with the tight stop above the level of the formation of the right shoulder model. Price of WTI crude oil forecast — June 7, 2016 assumes WTI quotations fall within…

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The currency pair Canadian dollar against the US dollar USD/CAD continues to trade within the forex pivot head and shoulders pattern. We continue to hold to sell the pair. USD/CAD Forecast Dollar — June 7, 2016 Cancellation option fall within the mining model can become a strong growth of quotations of USD/CAD above the level of 1.3160. The purpose of the fall and the mining model is the area of Al below 1.25. USD/CAD Forecast Dollar — June 7, 2016 assumes the fall of the Canadian dollar quotations below the level of 1.25 within the mining forex head and shoulders…

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Quotes BRENT crude oil continue to test the area of a local maximum at the level of 50 dollars per barrel. At the moment there is a potential for a fall start mining within forex pivot head and shoulders pattern. Forecast BRENT oil prices — June 7, 2016 The purpose of the fall is the area below the level of 45 dollars per barrel Cancellation option quotations falling and oil prices will increase in quotes above the Brent 52 dollars per barrel. We continue to hold the sale of oil from a close stop. An additional signal testing the upper…

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The currency pair aud/usd is trading the Australian dollar is fully in line with expectations and our forecast of AUD/USD for tomorrow. Currently on the daily chart of the pair a bullish start practicing model 5-0 with a potential target for the growth of the Australian dollar above the 0.79 level. Forex AUD/USD Forecast — June 7, 2016 Cancellation option will be the continuation of the growth of a drop in prices pair below 0.71. On the four-hour chart the pair has the potential to form a reversal pattern head and shoulders. At this moment we should wait for a…

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The currency pair Pound Dollar GBP/USD continues to trade in line with expectations. At the moment, there is the potential to complete the formation of the triangle model. GBP/USD Forex Forecast — June 7, 2016 To do this, see the test level of 1.47. Cancellation option can be a strong drop in prices below the level of 1.4370 pounds. However, if the test area below the 1.4320 level, we will have the potential to form a bullish wave pattern Wolfe with a potential target price growth above the level of 1.4620 pounds. GBP/USD Forex Forecast — June 7, 2016 assumes…

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Currency, the euro dollar EUR/USD has shown strong growth in the time of publication NON-FARM PAYROLLS. We’ve been trying to write about the euro dollar growth within the mining bovine model 1:1 with a potential target at the level of 1.17, which is what happened. EUR/USD Forex Forecast — June 7, 2016 We continue to keep buying the euro dollar. Cancellation option of continued growth can be a drop in the euro quotations below 1.1050, but this option we consider unlikely. The nearest resistance may be a region at the level of 1.1550, where one can expect the beginning of…

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Currency pair EUR/USD ends the current week following the publication of a major increase in NON-FARM PAYROLLS. At the moment there is a potential for continued growth of quotations of the dollar in the euro area above the 1.17 level within the mining bull 1:1 model. EUR/USD weekly forecast June 6, 2016 — June 10, 2016 Cancellation option will drop in prices below the level of the channel in the region of 1.10. We continue to keep buying the pair and try to increase the amount of long positions on it. Near term resistance is at 1.15, where the correction…

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