Currency pair EUR USD continues to move in the lateral trend. At the moment, there is the potential for the pair to continue falling of quotations within the descending pattern head and shoulders with a view to fall below the level of 1.0550. Acceleration of the fall should not expect a breakdown level of the local minimum. EUR USD Euro Dollar Forecast on December 2, 2016 Cancellation option decline of the euro dollar quotations will be strong growth in EUR USD pair above the 1.0680 level, which points to the breakdown of the upper boundary of the descending channel, in…
Author: forex24pro
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.
Technical analysis and forecast AUD/CAD Forex on December 2, 2016 On the daily chart the pair AUD/CAD after the rapid fall, makes a correction in the form of an inverted flag. Testing of this figure is likely to start after the “collection stops.” The potential for the price fall is at the level of 0.9824 support, as part of our review of Forex Analytics on December 2, 2016. Forex Technical Analysis and Forecast EUR/NZD on December 2, 2016 The previous trading session, the pair EUR/NZD closed pinbarom formed from the support level. Testing of this pattern will be not so…
Trading Signals gold XAU/USD on December 2, 2016 Buying at the current price (1174.80), StopLoss place for 1160.00, 1230.00 growth target. Trading Signals Swiss franc USD/CHF on December 2, 2016 For sale at the current price (1.0140), StopLoss place for 1.0200, the drop target 1.0000. Trading Signals Japanese Yen USD/JPY on December 2, 2016 For sale at the current price (113.91), StopLoss place for 114.80, the goal of reduction of 11.50 Trading Signals New Zealand dollar NZD/USD on December 2, 2016 Buying at the current price (0.7100), StopLoss place of 0.7065, 0.7170 growth target.
Currency pair EUR USD continues to develop corrective movement in the framework of the formation of the descending pattern Wolfe waves. We should expect an attempt to test the area of 1.0715, where there will be a test model of the top wave borders Wolfe and begin reducing the euro, the dollar quotes. The purpose of the fall and testing of the model is the area on the level below the 1.0530 area. EUR USD Forex Forecast Euro Dollar on December 1, 2016 Cancellation option will be a strong growth of quotations EUR USD 1.0750 and a break area that…
Quotes of WTI oil have shown significant growth, at the moment there is a potential test area above the level of 50.50 dollars per barrel. Where should try to sell the brand of WTI crude oil, in favor of the fall is the resistance of the downlink test indicator of relative strength, as well as the completion of the formation of the descending pattern Wolfe waves with the aim of working out at a level below the area of $ 44 per barrel. WTI crude oil forecast and analyst on December 1, 2016 Cancellation option will be the fall of…
Currency pair Australian dollar against the US dollar USD AUD continues moving inside the descending channel, and at the moment there is a potential for falling Australian dollar quotations within the mining model Double Top. An additional signal in favor of the fall is the rebound relative strength indicator values from the trend line. We try to keep selling the pair and open new business in the sale of AUD USD with a close stop. AUD USD Forecast Australian Dollar on December 1, 2016 Cancellation option will be a strong growth of quotations of the pair above the level of…
Currency pair pound dollar GBP USD continues to move in the mining reversal forex head and shoulders pattern, which indicates the continued decline and test 1.2250 areas within the mining model. Cancellation option will be a strong growth of quotations of the pound against the dollar in the area above the local maximum level that indicates the continuation of an upward trend. GBP USD Forecast Pound Sterling Forex December 1, 2016 Acceleration fall GBP USD is expected to breakdown level of 1.2380, which confirms the completion of the formation of topping model. We try to sell the pair and are…
Quotes of the dollar yen currency pair USD JPY continues to move in the bullish trend. In favor of the continuation of the growth is the test raisingtrend line on the Relative Strength indicator, which indicates the potential growth already from current levels. Forex USD JPY Forecast Dollar Yen on December 1, 2016 Quotes are also pushed by the lower boundary of the rising channel models 5-0, which also assumes continued growth in order to increase above the level of 115. Cancellation option price growth yen The dollar will be a drop in prices below the level of 111, this…
Quotes BRENT crude oil have gone into the development of ascending correction, the market showed a kind of surprise to data movement. Analysis and forecast of oil prices BRENT on December 1, 2016 Currently we should expect continued growth with an attempt to test the area above match for 51 dollars per barrel, where the values of the relative strength indicator unopposed and will be again try to sell oil with a close stop. Cancellation option will be a strong growth and the breakdown of the area above the level of 52 dollars per barrel, which will point to a…
The currency pair Canadian dollar against the US dollar USD CAD continues to test the support area tightly. In favor of a continued growth of quotations in the near future, testing the support line on the indicator of relative strength. Cancellation option will drop below the level of 1.33, which indicates an continuation of a downward correction for the pair. USD CAD forex forecast for the Canadian Dollar on December 1, 2016 The aim of the rebound and growth is the area above the level of 1.36. Expect faster growth of the Canadian dollar quotes only after the breakdown of…