Currency pair Australian dollar against the US dollar AUD USD showed an increase and is currently trading at the resistance in the form of a downward trend line on the indicator of relative strength. We should expect a new attempt to fall in the rebound from the line for the purpose of falling below the level of 0.7590. AUD USD Forecast Australian Dollar on October 27, 2016 Cancellation option will be a strong increase in the Australian dollar quotations on October 27, 2016higher than 0.77, however, this growth will trigger the formation of the descending wave pattern Wolfe that will…
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 pound dollar GBP USD continues to trade in line with expectations and our forecast of Pound to Dollar. Quotes were able to break through the lower boundary of triangle forex pattern that points to the potential continuation of falling of quotations GBP/USD below 1.18. GBP USD Forex Forecast pounds on October 27, 2016 Cancellation option will be a strong growth of quotations of the pound above the level of 1.23, which indicates the continuation of upward correction. We hold short positions and are ready to increase the volume of sales decreasing. GBP USD Forex Forecast pounds on October…
Currency pair EUR USD continues to trade within the downward trend with a potential target of the fall below 1.0650. At the moment, the pair quotes are trying to develop an upward correction. However, in the near future will be held again test the descending trend line on the indicator of relative strength that will point to a continuation of the fall. If the trend line is broken, we should expect continued growth in the region above the 1.10 level within the framework of the completion of upward correction for the pair. EUR USD Forecast Forex Euro Dollar on October…
Trading Signals Australian Dollar AUD/USD on October 27, 2016 This currency pair AUD/USD once again approached the upper border of the daily range, from which one can consider selling, so sell at the current price 0.7696, StopLoss place of 0.7740, the goal of reducing 0.7580. Trading Signals Japanese Yen USD/JPY on October 27, 2016 Currency pair USD/JPY has updated the highs and immediately returned to the recently traded range, it shows a false breakdown up, so you can consider selling at current prices, of StopLoss place 104.90, the goal of reduction of 102.80. Trading Signals Swiss franc USD/CHF on October…
The currency pair USD CHF continues to trade in an uptrend. At the moment, saved the potential for continued growth of quotations pair USD CHF in the area above the level of 1.01 in the rebound from the rising support line on the indicator of relative strength. USD CHF Forex Dollar Frank forecast on October 26, 2016 Cancellation option will drop in prices pair usdchf below 0.9850, it will point to the continued decline in the area below the level of 0.98. USD CHF Forex Dollar Frank forecast on October 26, 2016 suggests an attempt to continue the growth of…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to trade within a descending channel with a potential target of the fall below the level of 0.70. Cancellation option will be a strong growth of quotations NZD USD above 0.7280 level, which points to the continued growth of quotations of the New Zealand dollar above the 0.74 level within the framework of the development of upward correction for the pair. NZD USD Forecast New Zealand Dollar on October 26, 2016 We continue to hold the sale NZD USD and are willing to try out…
Quotes Gold XAU USD continue to closely test the upper limit of the downward channel model 1:1, indicating that an continuation of the fall in the area below the 1180. Cancellation option will be a strong growth of quotations and price of gold above the level of 1275, which points to continued growth and development of an upward movement. XAU USD Forex Forecast Gold prices on October 26, 2016 An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength. XAU USD Forex Forecast Gold prices on October 26,…
Quotes of the dollar yen currency pair USD JPY continues to test the upper boundary of the rising channel, which indicates a potential drop to below 103. Cancellation option drop in prices pair yen dollar will be strong price growth above the level of 105, which points to the continued growth of quotations of the pair. In this case, we can expect acceleration of the upward movement of the pair. USD JPY FOREX forecast Dollar Yen on October 26, 2016 An additional signal in favor of the fall is the resistance of the downlink test indicator of relative strength. USD…
The currency pair Canadian dollar against the US dollar USD CAD continues to trade on a local maximum level. Currently quotes able to qualitatively test punched boundary of the rising channel. It also formed a forex model Diamond, the breakdown of which point to the continued growth of quotations USD CAD higher than 1.34. USD CAD Forecast Canadian Dollar on October 26, 2016 Cancellation option will drop in prices of the Canadian dollar below the level 1.3250, which will point to a continuation of a downward correction for the pair to below 1.3150. We try to buy the pair with…
Quotes BRENT crude oil continues to trade near the area of a local maximum. At the moment, the structure of the movement of oil and quotations is the formation of Forex Triangle patterns. In the near future is expected to attempt to test the upper boundary and a penetration level of support and development of a downward movement in the framework of the beginning of working out such a model. Analysis and forecast of oil prices BRENT on October 26, 2016 The purpose of the fall is the area on the level below 49 dollars per barrel. We continue to…