The currency pair Canadian dollar against the US dollar USD CAD continues to trade under the growth, but at the moment there are downside risks due to the attempts of rising oil prices. Therefore, we should expect an attempt to reduce the Canadian dollar quotations in the area below the level of 1.3240, where one can try to buy again and expect the breakdown of the local maximum in the area. USD CAD Forecast Canadian Dollar on October 14, 2016 Cancellation option will drop in prices USD/CAD below the level of 1.32, which points to continued decline. USD CAD Forecast…
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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.
Quotes BRENT crude oil continues to trade in line with expectations and at the moment has the potential to continue fall within the beginning of the mining and reversal forex head and shoulders pattern. As you can see, in the case of growth of quotations of oil to 51.50 is expected to complete the formation of reversal pattern and start BRENT falling prices. The immediate goal of the fall is the area on the level below 48 dollars per barrel. Oil price forecast BRENT on October 14, 2016 Cancellation option will be a strong growth of quotations and sample the…
Quotes of WTI crude oil continues to trade in line with expectations and our forecast of oil prices. At the moment, preserved potential for a fall in quotations to below $ 50 a barrel due to the breakdown of the uptrend line an indicator of relative strength. WTI crude oil forecasts and analysis October 14, 2016 An additional signal in favor of the fall is the formation of topping models forex head and shoulders on the chart, it is important to complete the model, try to see the growth of WTI crude oil above the level of 52.70, where again…
Currency pair Australian dollar against the US dollar AUD USD continues to decline, and was able to push down the quality in the rebound from the downward trend line on the indicator of relative strength. Currently retained potential for further pair of quotes fall to below 0.7450 within the output value relative strength indicator outside the triangle pattern that can cause serious drop in prices AUD/USD. FOREX Forecast Australian Dollar on October 14, 2016 Cancellation option will be a strong increase in the Australian dollar quotes above level 0.7590, which will point to the continued growth of quotations. FOREX Forecast…
Currency pair pound dollar GBP USD is still trading within the descending channel and currently has the potential to test the upper boundary of the channel. We should expect the attempt to increase quotations pair GBP/USD in the area above the level of 1.2280, where again you can try to sell the pound against the US dollar with a close stop above the upper boundary of the model. GBP USD rate forecast British Pound on October 14, 2016 An additional signal in favor of the continuation of decrease will test the descending trend line on the indicator of relative strength,…
Currency pair EUR USD continues to decline within the mining triangle forex pattern. At the moment, there is the potential to continue fall to below 1.0950. But do not rule out an attempt to correct the breached border of the descending channel, where you can again try to sell the Euro Dollar pair with the tight stop above 1.1050 levels. EUR USD Forecast Euro Dollar on October 14, 2016 In favor of correction and testing the support line on the indicator of relative strength, indicating a desire to leave the indicator values oversold before continuing decrease in the EUR/USD Forex.…
Currency pair USD CHF Franc dollar continues to test a local maximum region. At the moment, there is the potential for the pair to continue the growth of quotations in the area above the 1.00 level in the framework of start mining forex triangle patterns. USD CHF Forecast franc to the dollar on October 13, 2016 Cancellation option will drop in prices pair USD CHF below 0.9770, it will show a drop to below 0.97 to the likely breakdown the support and continuation of the decline. USD CHF Forecast franc to the dollar on October 13, 2016 suggests an attempt…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued to fall, and at the moment there is a potential for further reduction to below 0.70. In favor of such an option in favor formation of the model’s head and shoulders on the relative strength indicator, implying a strong fall already from current levels. Forex Technical Analysis NZD USD Forecast October 13, 2016 Cancellation option will increase in quotes NZD USD above 0.70 levels. We continue to hold sales and open new business in favor of reducing the New Zealand dollar. Forex Technical Analysis NZD…
Quotes Gold XAU USD continue to trade under the reduction, but at the moment there are risks of attempting to see upward correction in the area above the level in 1270 as part of the beginning of the mining model failure swing on the indicator of relative strength. XAU USD price forecast Gold on October 13, 2016 Cancellation option will drop in prices and the price of gold below the local minimum that will point to the continued decline in the area below the level of 1220. XAU USD price forecast Gold on October 13, 2016 suggests an attempt of…
Quotes of the dollar yen currency pair USD JPY continues to trade within the forex reversal patterns double top. We try to sell the pair with the stop above the local maximum level. An additional signal in favor of the fall is the formation of the model failure swing in the relative strength indicator, which indicates the breakdown field 102.80. USD JPY Forecast rate Dollar Yen on October 13, 2016 Cancellation option will be a strong growth of quotations of dollar yen pair above the level of 104.20. USD JPY Forecast rate Dollar Yen on October 13, 2016 suggests an…