Quotes of WTI crude oil ended the trading week at 46.61 dollars per barrel. Currently quotes continues to move through the formation of reversal pattern double top, which suggests an attempt to fall below $ 30 per barrel. However, this decline is important to see a breakdown of the support area at $ 40 per barrel. WTI oil price forecast on November 28 — December 2, 2016 In favor of the version of the fall and also acts as a reversal pattern forming head and shoulders, as we see, oil is traded at just the right shoulder-level model, which indicates…
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.
Quotes BRENT crude oil ended the trading week at $ 48.38 a barrel. We continue to hold the sale of oil from a close table above the $ 51 per barrel. In favor of quotations and fall in oil prices appears to rebound from the resistance line, which implies the beginning of working out a reversal Forex Double Top model in order to reduce the area below the $ 35 per barrel. Forecast BRENT oil price on November 28 — December 2, 2016 An additional signal in favor BRENT quotations fall is the test of the descending trend line on…
Currency pair Australian dollar AUD USD finished the trading week with a minor correction, but is expected to attempt to continue falling in the rebound from the resistance area. We continue to hold the sale of the Australian dollar and are ready to increase the volume of sales to the extent of the fall. AUD USD forecast on November 28 — December 2, 2016 The aim of reducing the next trading week is the area at the level of below 0.70 with a potential drop to below 0.68. Cancellation option of reduction of quotations AUD USD can become a strong…
Currency pair pound dollar GBP USD finished the trading week of the current downtrend channel test of the upper boundary at 1.2450. Currently retained potential for further quotations pound falling against the US dollar at the beginning of the descending part of forex 1: 1 model with the potential to reduce the level below 1.15 area. GBP USD forex forecast on November 28 — December 2, 2016 Cancellation option will be the pair of strong growth and the breakdown field of the upper limit of the downward channel. In favor of the continuation of the fall is the rebound value…
Currency pair EUR USD closed the week near the 1.0590 level. At the moment, the euro dollar tight testing the lower boundary of the area forex model Triangle, this area will trigger the breakdown of the continuation of decrease in pair EUR USD to below 0.92. EUR USD Euro Dollar Forecast on November 28 — December 2, 2016 At the beginning of the next trading week is expected to attempt the development of upward correction to 1.0650, from where we can expect an attempt to continue falling, but do not rule out an earlier decline in the near future. In…
The currency pair USD CHF continues to test the area at the level of 1.0166. At the moment, there is a potential for reduction of quotations as through dense test the resistance line on the indicator of relative strength. USD CHF Forecast Swiss Franc on November 25, 2016 However, there is no high-quality signals in favor of the sales, it is not necessary to try to expand this trend, it makes sense to wait for the correction to below the level of 1.0090, where try to buy or wait for the formation of reversal pattern head and shoulders that will…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to fall within the framework of the development of a rebound from a broken neck line reversal pattern Forex Head and Shoulders. The purpose of the fall is the area on the level below 0.66 areas. NZD USD Forecast New Zealand Dollar on November 25, 2016 Cancellation option will drop strong price growth above the right shoulder-level models that point to a reversal of the current trend. We continue to hold the sale of the New Zealand dollar and are ready to increase the volume…
Quotes Gold XAU USD continues to fall and is practically working out the first drop target at 1180. We continue to hold the sale of gold, and are ready to increase the volume of sales to the extent of the fall. Next to reduce quotations XAU USD may be a region at a level below 1150. XAU USD Forex Forecast Gold price on November 25, 2016 Cancellation option of falling prices for gold will be strong growth of quotations set out above level 1215, which will point to a continuation of upward correction with the upside above the level of…
Quotes of the dollar yen currency pair USD JPY continued development of an upward trend. At the moment, the value of the relative strength indicator tight test the resistance line that points to a drop in prices and a rebound in the area below the level of 111.40, but high-quality models in favor of the sales so far in the graph no. Forex USD JPY Forecast Dollar Yen on November 25, 2016 After a hearty support field test is expected to continue the development of an upward trend with the test levels above 115. In the case of the breakdown…
Quotes BRENT crude oil continued to trade close to the level of $ 50 per barrel. There still remains an urgent descending pattern Wolfe waves for the purpose of drop in prices below $ 46 per barrel. We try oil sales with the tight stop above the local maximum level and are ready to increase the volume of sales to the extent of the fall. Analysis and forecast of oil prices BRENT on November 25, 2016 Cancellation option quotes and falling oil prices will be strong growth above the level of 52 dollars per barrel, which will point to the…