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.

Currency pair pound dollar GBP/USD ends the week of the current correction. At the moment, there is the potential for the growth of quotations of the pound under test breaks the neckline on the indicator of relative strength. Forex forecast GBP/USD June 6, 2016 — June 10, 2016 It has completed the formation of the head and shoulders pattern, which indicates the continuation of GBP/USD falling to below the level of 1.40. Cancellation option can be a strong appreciation of the pound against the dollar above the 1.47 level. Forex forecast GBP/USD June 6, 2016 — June 10, 2016 suggests…

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Currency pair Australian Dollar AUD/USD continues to trade within the bovine model 5-0. The aim of growth of quotations aud usd is the area above the level of 0.79. Forecast AUD/USD June 6, 2016 — June 10, 2016 Cancellation option quotations growth AUD/USD pair will drop below 0.71. An additional signal in favor of the growth is the test the support line on the indicator of relative strength, it also points to the growth already from current levels. Alternatively, the model can emerge failure swing, subject to a drop in prices AUD/USD at the beginning of the next trading week.…

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Quotes obscurities BRENT crude oil continue to test the region close 50 dollars per barrel. At the current trading week, we expect the beginning of falling within the mining reversal pattern head and shoulders on the indicator of relative strength. Forecast BRENT prices June 6, 2016 — June 10, 2016 A potential target of the fall of quotations and the price of oil below 42 dollars per barrel. Cancellation option will be the fall of quotations BRENT strong price increases above the level of 52 dollars per barrel. We are trying to sell and are ready to increase sales with…

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Quotes of WTI oil and firmly tested the level of $ 50, but this level of penetration has not occurred. At the moment, there is a potential for a fall in the framework of working out a reversal pattern failure swing on the indicator of relative strength for the purpose of the fall in below 42 dollars per barrel. Forecast WTI oil prices 06.06.2016 — 10.06.2016 Cancellation option of falling oil prices on the current trading week 06.06.2016 — 10.06.2016 WTI will increase in quotes above the level of 51 dollars per barrel. An additional signal in favor of formation…

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The currency pair Canadian dollar against the US dollar USD/CAD continues to trade within the model’s head and shoulders. At the current trading week is expected to continue falling to the level of a 1.25. USD/CAD Forex forecast June 6, 2016— June 10, 2016 Increase the amount of sales is worth the price breaks the level line of the neck. Additional forex signal in favor of the fall is the formation of reversal pattern head and shoulders on the indicator of relative strength. Cancellation option drop in prices USD CAD will be a strong growth of the pair above the…

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Currency pair USD/JPY continues to fall within the downtrend. At the moment, there is the potential for the formation of inverted head and shoulders pattern. FOREX USD/JPY forecast 06.06.2016 — 10.06.2016 As you can see, the quotes are already testing the right shoulder area, and are expected to increase in the near future attempt. However, in the case of continuation of falling of quotations USD JPY below 106 is expected to continue falling to below 102. FOREX USD/JPY forecast 06.06.2016 — 10.06.2016 suggests an attempt to increase in the event of the formation of topping models at small intervals, if we…

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The currency pair USD/CHF continue to trade within the descending pattern 1:1 with a view to a potential drop below the level of 0.93. Cancellation option will increase in quotes franc above 1.01 levels. In this case, is expected to continue the upward trend. FOREX USD/CHF forecast 06.06.2016 — 10.06.2016 We continue to hold the sale and are ready to increase the volume of new sales USD CHF as of the fall of quotations. An additional signal also acts as a rebound from the level of 70 on the indicator of relative strength. FOREX USD/CHF forecast 06.06.2016 — 10.06.2016 suggests…

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The currency pair New Zealand Dollar NZD/USD continues to trade within the ascending pattern 5-0. However, she did not complete it, so that you can try to buy. FOREX NZD/USD forecast 06.06.2016 — 10.06.2016 At the current trading week is expected to continue growing, but in the case of a downward trend line test, we can expect the fall of quotations NZD USD. Qualitative signal in favor of the sales will be updating the local maximum level; in this case, there is the potential for the formation of downwardly Wolfe wave model. FOREX NZD/USD forecast 06.06.2016 — 10.06.2016 suggests growth…

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Quotes XAU/USD Gold continues to test the support area. At the current trading week, we can expect the beginning of growth to 1280, from the sale of gold worth trying and the development of a strong downtrend with a potential target below the level of 1000. Forecast XAU/USD June 6, 2016— June 10, 2016 Cancellation option will be a strong growth XAU USD quotes above the level of 1310. In this case, we expect growth of quotations and price Gold at even higher within the mining punched downward channel. Forecast XAU/USD June 6, 2016 — June 10, 2016 suggests the…

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Technical analysis and forecast FOREX EUR/JPY — June 6, 2016 Currency pair EUR/JPY, returned to the lower boundary of the consolidation range. Consolidation range broken down. We expect continued decline in the ceiling next target at 120.44. Next, assume the test below 122.33. Further continuation of the decline to the level of 118.60, the review Daily Forex Analytics and NEWS — June 6, 2016. Technical analysis and forecast FOREX GBP/JPY — June 6, 2016 Currency pair GBP/JPY, it is trading near its lows consolidation range. Today we consider the expansion of the range down to the level of 156.10. With…

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