The currency pair Canadian dollar against the US dollar USD CAD continues to decline and currently quotes struck the lower boundary of wedge pattern, which indicates that an attempt to reduce and testing of the model. However, here at the time of the update area is the formation of a local minimum bullish wave pattern Wolfe. Therefore test 1.2990 areas, is expected to once again attempt to increase quotations pound dollar to above 1.32 levels. USD CAD Forecast Canadian Dollar on October 18, 2016 Cancellation option will drop in prices pair below 1.2960, it will point to the continued decline…
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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 within the ascending channel. At the moment, the value of the relative strength indicator testing punched trend line, indicating the potential drop in prices of oil in the area below the level of 50 dollars per barrel. Forecast BRENT oil price on October 18, 2016 Unfortunately forex head and shoulders pattern in the case of oil rises above level 53 will be canceled, and the quotes came close to abolishing this model. Forecast BRENT oil price on October 18, 2016 suggests an attempt to fall within the framework of working out the rebound…
Quotes of WTI crude oil continues to trade at close to 51 dollars per barrel. At the moment, preserved potential for a fall of quotations and the price of oil below 48 dollars per barrel in the rebound from a broken trend line on the indicator of relative strength. Also, there is a high probability of the descending pattern forex Wolfe waves order to fall below the level of 42 dollars per barrel. WTI crude oil forecasts and analysis on 18 October 2016 Cancellation option quotes and falling prices, as WTI crude oil will be a strong growth of quotations…
Currency pair Australian dollar against the US dollar AUD USD is still trading within the descending pattern with the target of the fall 5-0 at below 0.75 areas. Cancellation option will be a strong growth of quotations and sample the upper limit of the downward channel. In this case, we can expect an attempt to continue the growth of USD AUD quotations in the area above the level of 0.77. AUD USD Forecast Australian Dollar on October 18, 2016 We continue to hold the sale and ready to try new deal in favor of lowering the Australian dollar prices. AUD…
Currency pair pound dollar GBP USD continues moving inside the descending channel. At the moment, we can expect a slight correction attempt pound against the US dollar to the upper limit of the downward channel and continue falling quotations pair GBP/USD to below 1.19. Cancellation option will be a strong growth of quotations of the pair and the breakdown of the upper boundary of the channel, which points to continued growth Pound Dollar higher than 1.24. GBP USD Forecast British Pound on October 18, 2016 An additional signal in favor of the fall will test the descending trend line on…
Currency pair EUR USD continues to trade outside of the downward channel, indicating the potential continuation of the fall to below 1.0950. Cancellation option can become a strong growth in the euro dollar above the level 1.1070, which will indicate the return of quotation EUR USD into the channel and attempt to continue its growth. EUR USD Euro Dollar Forecast on October 18, 2016 An additional signal in favor of the fall will test the breached border of the channel and test the descending trend line on the indicator of relative strength. EUR USD Euro Dollar Forecast on October 18,…
The currency pair USD CHF continues to trade within the upward channel and is currently retained potential for further growth of the pair of quotes in the area above the level of 0.9950. Cancellation option will drop in prices pair usdchf 0.9840 below the level that indicates a continuation of a downward correction to below 0.9750. USD CHF Forecast FOREX Dollar Frank on October 17, 2016 An additional signal in favor of the growth of USD/CHF testing the rising support line on the indicator of relative strength. USD CHF Forecast FOREX Dollar Frank on October 17, 2016 suggests an attempt…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to move in the downward trend, but at the moment there are risks to see test 0.7165 areas and only after that is the continuation of the fall. However, there is a test for trend downlink relative power indicator indicating the drop since the current levels. We continue to keep selling the pair with the tight stop. Forex NZD USD Forecast October 17, 2016 However, in the case of growth of the upper boundary of the channel we are ready to try new sales with…
Quotes Gold XAU USD continues to move in the development of the downward trend. Currently on Gold Forex formed a descending triangle pattern with a high probability of falling and break the lower boundary of the model and a reduction in the area below the level of 1220. XAU USD price forecast for Gold on October 17, 2016 Cancellation option will be a strong growth above the level of 1262, which will point to going beyond forex model up. XAU USD price forecast for Gold on October 17, 2016 suggests an attempt to continue the reduction in the framework of…
Quotes of the dollar yen currency pair USD JPY traded at 104.14, and at the moment there is a potential for falling of pair within quotation working out a reversal pattern Forex Head and shoulders in order to reduce the area below 102.50. Cancellation option will be the pair of strong growth and the breakdown of the area above the level of 104.60, which will point to a continuation of the upward movement. USD JPY Forecast Forex Dollar Yen on October 17, 2016 An additional signal in favor of the fall is the formation of topping model an indicator of…