Quotes of WTI crude oil continues to move in the mining bearish Wolfe wave model in order to reduce the area below 44 dollars per barrel. WTI crude oil forecast and analyst on November 29, 2016 At the moment, there is potential for a rebound in the framework of the formation of the model’s head and shoulders, and after the completion of the right shoulder is expected to continue decline. Cancellation option will be a strong increase in oil quotations of WTI above the level of 50 dollars per barrel, which will point to a continuation of upward correction. WTI…
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.
Currency pair Australian dollar against the US dollar AUD USD continues upward correction development, currently retained potential for the formation of the descending pattern forex 5-0 for the purpose of working out at a level below the area of 0.7150. Cancellation option will be a strong growth of quotations and the breakdown of 0.7580 areas, which point to a continuation of upward correction. AUD USD Forecast Australian Dollar Forex on November 29, 2016 An additional signal in favor of fall and the beginning of the descending pattern 5-0 in favor tight test of resistance on the downlink indicator of relative…
Currency pair pound dollar GBP USD continues to fall within the framework of the descending pattern Wolfe wave to decrease to below 1.22 areas. We try to sell the pair and increase the amount of products with the development of a fall. GBP USD Forecast Pound Sterling Forex November 29, 2016 Cancellation option of reduction of quotations pair pound dollar tomorrow, November 29, 2016 will be a strong growth area and the breakdown of 1.2520 closing prices that can cancel model and provoke a continuation of upward correction. Also, do not attempt to exclude the growth of quotations GBP USD…
Currency pair EUR USD continues to develop correction, but currently quotes a pair of re-testing resistance area, which implies an attempt to rebound and fall of the dollar to the euro below 1.0550. Cancellation option will reduce the strong price growth above the level of 1.07, which indicates the continuation EUR USD quotations growth in the area of resistance at 1.0850. EUR USD Forex Euro Dollar Forecast on November 29, 2016 With the breakdown of the area of a local minimum we can expect acceleration of the downward trend. But do not try to exclude the growth of quotations in…
Trading Signals Swiss franc USD CHF on November 28, 2016 Buying at the current price (1.0096), with a short StopLoss level of 1.0080, 1.0150 growth target. Euro Trading signals EUR USD on November 28, 2016 For sale at the current price (1.0654) is likely to return prices back to sideways and fall to the bottom border of the level of 1.0580, StopLoss can be placed over 1.0690. Trading Signals British pound GBP USD on November 28, 2016 Buying at the current price (1.2504), StopLoss place of 1.2412, 1.2670 growth target.
Quotes Gold XAU USD finished the trading week extension to the level of the fall of 1180. At the moment, preserved potential for continuation of falling of quotations Gold mining within the reversal pattern head and shoulders. Gold XAU USD forecast on November 28 — December 2, 2016 The purpose of the fall is the area on the level below 1100 with a potential test area for a local minimum. We continue to roast away gold sales and are ready to increase the volume of sales to the extent of reducing the XAU USD quotes as early as next week’s…
The currency pair New Zealand dollar NZD USD finished the trading week slightly adjusted. At the moment, there is potential for the New Zealand dollar continued falling of quotations as a continuation of mining reversal forex model head and shoulders in order to reduce the level below 0.67 area. Forex NZD USD Forecast on November 28 — December 2, 2016 Cancellation option will be a strong growth of quotations NZD USD above the level of the right shoulder, but this version is unlikely. We continue to hold to sell the pair and are ready to increase the volume of sales…
Currency pair USD CHF usd chf forex trading has finished the week higher at 1.0137. At this point should be considered as the primary option the continued growth of quotations pair Dollar Frank in the rebound from the upper boundary of the rising channel on the display relative strength. USD CHF FOREX forecast on November 28 — December 2, 2016 Cancellation option may be the formation of reversal pattern Forex Head and Shoulders on shorter periods of time, which points to a deep correction for the pair. The aim of growth of quotations may be a region at a level…
Dollar Yen currency pair USD JPY finished the trading week of continued growth at a level above the area 113. At this time retained the potential for further growth of the pair of quotes in the area above the level of 115. USD JPY forecast on November 28 — December 2, 2016 But do not rule out an attempt of a downward correction in the area 110 where the test will take place on a tight top border of the rising channel on the display relative strength. Cancellation option price growth pair Dollar Yen on the next trading week can…
The currency pair Canadian Dollar to US Dollar USD CAD finished the trading week rebound from the support area. Currently quotes are traded within the bullish forex model 1: 1, indicating the continuation of the Canadian dollar quotations growth higher than 1.3850. USD CAD forex forecast on November 28 — December 2, 2016 An additional signal in favor of the growth is the test rising trendline on the Relative Strength Indicator. We continue to keep buying the pair with the tight table and are ready to increase the amount of long positions in the development of an upward trend. Cancellation…