The currency pair USD CHF continues to test the upper limit of the downward channel. With the current levels is expected to start a pair of quotes fall within the descending pattern of 1:1. A potential goal of this fall can be a region below the level of 0.93. FOREX USD CHF Forecast — May 26, 2016 Cancellation option will be a strong growth of quotations usd chf and penetration level of 1.00. An additional signal in favor of the fall is the formation of topping forex head and shoulders pattern on the indicator of relative strength. FOREX USD CHF…
Author: forex24pro
Currency pair USD JPY Forex continued to rise, but could not upgrade the level of a local maximum. We try to keep selling the pair with the tight stop above the level of 110.70. Cancellation option will be considered break of 111. FOREX USD JPY Forecast — May 26, 2016 An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength; it also suggests a drop in prices USD JPY to below 108. FOREX USD JPY Forecast — May 26, 2016 indicates the potential drop in prices pair yen…
The currency pair Canadian dollar against the US dollar USD CAD continues to fall in line with expectations and our USD/CAD forecast for tomorrow. At the moment, there is the potential for the pair falling quotations on down to below 1.2950 levels. FOREX USD CAD Forecast — May 26, 2016 Where is expected to attempt to rebound and start moving upwards under the bovine start working out 1:1 model. Cancellation option will break through the growth of the lower boundary of the model, which will lead to the fall of Canadian quotations further down to below 1.2770. FOREX USD CAD…
Currency pair pound dollar GBP USD continued growth is expected in the daily forecast GBP/USD. At the moment, there is the potential for the drop in prices pair pound dollar to below 1.46 in the framework of the descending pattern Wolfe waves. FOREX GBP USD Forecast — May 26, 2016 The purpose of the fall can be a region at a level below 1.44. Cancellation option will drop gbp usd strong growth above the level of 1.48. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength. FOREX…
Quotes of oil BRENT showed growth. At the moment, there is potential for further upward movement above the level of $ 51 per barrel. As you can see, there is still room for growth in the relative strength indicator. BRENT oil prices Forecast — May 26, 2016 Already at the time of the test the upper boundary should try to sell BRENT crude oil. Cancellation option will be the growth of a drop in prices and oil prices below $ 47 per barrel. BRENT oil prices Forecast — May 26, 2016 suggests an attempt to continue the upward movement for…
Currency pair EUR USD continues to trade in line with expectations and our euro forecast for tomorrow. At the moment, there is potential for further drop to 1.1080, from where we can expect the beginning of growth and testing of bottom-up 1:1. FOREX EUR USD Forecast — May 26, 2016 Cancellation option will break through the rising channel’s lower border, which will lead to a drop in the euro against the dollar to below 1.05. An additional signal in favor of the growth is the area of support and test indicator RSI. FOREX EUR USD Forecast — May 26, 2016…
Currency the euro dollar EUR USD is continuing to decline. As you can see, the pair failed to fulfill an inverted head and shoulders pattern on the indicator of relative strength. FOREX EUR USD forecast — May 25, 2016 At the moment, there is the potential to continue falling in the area at the level of 1.1080. Where will test the lower boundary of the rising channel 1:1 model. Such a test may trigger the development of an upward movement the pair eur usd with a potential target area above the highs. Moreover the continuation of the fall and said…
Quotes BRENT crude oil continues to trade near the level highs. At the moment, the value of the indicator of the relative strength tight test area of support in the form of a rising trend line. BRENT oil prices forecast — May 25, 2016 This may provoke a new wave of growth BRENT quotation to above 50 dollars per barrel. Cancellation option price growth and higher oil prices will drop BRENT below $ 47 per barrel, in this case, we can expect continued decline in the region at a level below 43 dollars per barrel. BRENT oil prices forecast —…
Currency pair pound dollar GBP USD is trading fully in line with expectations and our forecast exchange rate of the British pound tomorrow. FOREX GBP USD forecast — May 25, 2016 The pair is currently bullish worked 5-0 model. We should expect the attempt to increase in the area above the level of 1.47. Cancellation option of upward movement for the pound will drop in prices below the level of 1.4460. In this case, we can expect the fall gbp usd in the region at the level of 1.4330. FOREX GBP USD forecast — May 25, 2016 assumes continued growth…
The currency pair Canadian dollar against the US dollar USD CAD continues to trade within a wedge pattern. In the near future we expect to try Canadian quotations falling within this mining model. USD CAD forex forecast — May 25, 2016 The purpose of the fall is the area below the level of 1.2975. Cancellation option will be a strong growth of quotations USD CAD higher level of 1.3190. An additional signal in favor of fall the formation of reversal pattern failure swing on the indicator of relative strength. USD CAD forex forecast — May 25, 2016 assumes the fall…