The currency pair Canadian dollar against the US dollar USD CAD is still trading within the bullish wave pattern Wolfe for the purpose of quotation rises above level 1.3195. USD CAD Forecast Canadian Dollar on October 20, 2016 An additional signal in favor of the growth is the formation of inverted forex model head and shoulders, and is currently preserved growth potential from current levels, cancellation scenario will be a drop in prices below the level 1.3040, which will point to the abolition of the Wolfe wave model, and continued fall. USD CAD Forecast Canadian Dollar on October 20, 2016…
Author: forex24pro
Quotes BRENT crude oil continues to trade within the descending pattern Wolfe waves in order to develop at his ilk field 44 dollars per barrel. Cancellation option will increase in quotes and strong oil prices above the level of 55 dollars per barrel, which will point to the continued growth of quotations in the area above the level of 60. Oil price forecast BRENT on October 20, 2016 We continue to hold BRENT tight stop sales, however, should not exclude another attempt to increase quotes 53 dollars per barrel, and only after that is expected to continue falling. Oil price…
Quotes of WTI crude oil continues to trade under the formation of models of Wolfe wave for the purpose of falling below the level of 42 dollars per barrel. We continue to hold the sale of petroleum of mark WTI with a close stop. Cancellation option will be a strong growth of quotations of oil above the level of 53 dollars per barrel, which will point to the continued growth of quotations and price of oil WTI. Oil WTI forecasts and analysis on 20 October 2016 An additional signal in favor of the fall is the test of the broken…
Currency pair Australian dollar against the US dollar USD AUD continues to trade within the forex bearish wave pattern Wolfe. The purpose of the fall and testing of such a model is the area on the level below 0.7570. Cancellation option will increase in quotes above the strong level of 0.77, which points to continued growth in the Australian dollar quotations in the area above the level of 0.78. AUD USD Forecast Australian Dollar on October 20, 2016 An additional signal in favor of the fall is the formation of topping models forex head and shoulders, which also indicates a…
Currency pair pound dollar GBP USD continues moving inside the descending channel, which indicates a continued decline. At the moment quotes are testing the upper limit of dense downward channel, and has a high probability of a drop in prices the pound against the dollar to below 1.18. Cancellation option will be a breakdown of the upper boundary of the channel, and the growth of quotations GBP/USD above the 1.2450 level. GBP USD Forecast pounds on 20 October 2016 An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative…
Currency pair EUR USD continues to trade within the downward trend and currently values the relative strength indicator again test the downward trend line, indicating a potential rebound and drop development. We continue to hold to sell the pair EUR USD with a close stop. Cancellation option will be a strong growth of the euro and the dollar breakout area above the local maximum level 1.1040, which will point to the potential development of the upward correction to 1.1125. EUR USD Forecast Euro Dollar on October 20, 2016 The purpose of the fall in this case, the area below the…
The currency pair USD CHF continues to test resistance area and at the moment there is a high probability of breakdown of the top models of the border triangle and the continuing growth of quotations in the area above the level of 1.01. USD CHF Forex Dollar Frank forecast on October 19, 2016 Cancellation option price growth Dollar pair Frank tomorrow October 19, 2016 will fall below the level 0.9840, which will point to the continued decline in the area below the level of 0.9740. USD CHF Forex Dollar Frank forecast on October 19, 2016 suggests an attempt to continue…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to develop upward correction, however, at this point reached the upper limit of the downward channel. We try to sell the pair with the tight stop. The purpose of the fall is the area on the level below 0.70 area. Cancellation option will be a strong growth and the breakdown of the upper boundary of the channel, which will point to the continued growth and refinement punched bandwidth. NZD USD Forecast New Zealand Dollar on October 19, 2016 An additional signal in favor of the…
Quotes Gold XAU USD continues moving inside the descending channel, even though the sample model Triangle up, retained the capacity to fall in the rebound from the upper border of the channel. Cancellation option can become a strong growth of quotations and price of gold above the level of 1275, which point to continued growth. XAU USD Forex Forecast Gold prices on October 19, 2016 However, in this case in the very near future we will see a test of the descending resistance line on the indicator of relative strength. XAU USD Forex Forecast Gold prices on October 19, 2016…
Quotes of the dollar yen currency pair USD JPY traded in a model failure swing, and is currently retained potential for a fall to below 102.80. Cancellation option will be a strong growth of quotations of dollar yen pair above the level of 104.20, which indicates an continued growth of quotations in the area above the level of 106. USD JPY Forecast Forex Dollar Yen on October 19, 2016 We continue to keep selling the pair with the tight stop. USD JPY Forecast Forex Dollar Yen on October 19, 2016 involves attempts fall within the beginning of a reversal of…