The currency pair New Zealand dollar NZD USD continues to test the neckline tight large reversal pattern Forex Head and Shoulders. At the moment, there is the potential to see the continuation of the reduction in the framework of working out a reversal pattern on the indicator of relative strength. NZD USD Forecast on November 22, 2016 We continue to keep selling and building up new business. Cancellation option can become a strong growth of quotations of the New Zealand dollar above the level of 0.7070, which indicates the continuation of an upward correction NZD USD. NZD USD Forecast on…
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 to decline, but at the moment there is a potential to test the upper boundary of the channel and continue falling in the framework of the descending forex 1: 1 model. AUD USD Forecast Australian Dollar on November 22, 2016 Cancellation option will break-down area 0.7410, which indicates an Australian dollar continued growth of quotations in the area above the level of 0.7490 to test resistance area dense. We continue to keep selling the pair USD AUD and willing to try new with decreasing development. AUD USD Forecast Australian…
The currency pair USD CHF continues to test the upper limit of the bearish wave Wolfe. At the moment, preserved potential to drop a pair of quotes in the region at a level below 1.00 in the rebound from the resistance area on the indicator of relative strength. USD CHF forecast on November 22, 2016 Cancellation option will be a strong growth of quotations and a pair of sample area 1.02 closing prices that will provoke a continuation of an upward trend in the pair. USD CHF forecast on November 22, 2016 suggests an attempt to fall within the beginning…
Currency pair USD JPY USD JPY Forex continues to consolidate near the level of 111. Currently, there are risks of falling within the beginning of working out a reversal pattern Forex Double Top on the indicator of relative strength. USD JPY Forecast Dollar Yen on November 22, 2016 The purpose of the fall of quotations of dollar yen pair is the area on the level below 109, but do not attempt to exclude the continuation of decrease in pair of quotes to below 105. USD JPY Forecast Dollar Yen on November 22, 2016 suggests an attempt to fall within the…
The currency pair Canadian Dollar to US Dollar USD CAD continues to move in the uplink and for the moment there is a probability of dense test the lower boundary of the model, where we should expect continued growth in an attempt to start mining within the bovine model 1:1 in order to increase above the level of 1.37. USD CAD Forecast Canadian Dollar on November 22, 2016 Cancellation option will drop in prices of the Canadian dollar below the level of 1.3350, which indicates an breakdown of the channel and the continuation of the fall. USD CAD Forecast Canadian…
Currency pair pound dollar GBP USD continues to move in the forex mining model head and shoulders with a potential spruce decline in the level of 1.21. GBP USD Forecast on November 22, 2016 Cancellation option can become a strong growth of quotations of the dollar the pound above the level of 1.25, which indicates an attempt to abolish the model of development of ascending correction pound. We continue to hold to sell the pair and increase the amount of short positions. GBP USD Forecast on November 22, 2016 suggests an attempt to continue falling within the mining forex reversal…
Quotes BRENT crude oil continue to develop upward correction, but at the moment, oil prices are testing the upper limit of tightly bearish Wolfe wave pattern that indicates a probable drop since the current levels to below 46 dollars per barrel. Forecast oil prices on November 22, 2016. Bearish Wolfe Wave In favor of the drop in oil prices BRENT favor the formation of reversal pattern failure swing an indicator of relative strength, which also indicates a decrease in the near future. Cancellation option will be a strong growth of quotations of oil above the level of 49.80, which will…
Currency pair EUR USD continues to test the lower boundary of a tight triangle model, and at the moment there are attempts to develop upward correction risks in order to increase above the level of 1.07. In favor of the correction in favor of a tight test of the rising trend line on the indicator of relative strength. EUR USD Euro Dollar Forecast on November 22, 2016 Consider selling the pair at the time line on the RSI resistance test. Cancellation option will drop the euro dollar quotations below the level 1.0530, which will indicate the lower limit of an…
Currency pair pound dollar GBP USD finished the current trading week, a slight decrease at the level of 1.2352. Currently retained potential for further drop in prices pair pound dollar within the beginning of the descending forex model 1: 1 with a view on the level drops below 1.17 areas. GBP USD forecast on November 21, 2016 — November 25, 2016 Cancellation option will be a strong growth of quotations pound sample the upper boundary of the channel, which points to continued growth in the region above the level of 1.29. In favor of the falling GBP USD appears rebound…
Currency pair EUR USD EUR USD finished the trading week with a serious drop in without corrections and pullbacks in favor of European currency. At the moment, the pair quotes are testing the lower limit of tight Forex Triangle patterns, the breakdown of which will provoke a downward continuation of falling of euro dollar quotations within the mining model, with the potential to reduce the level below 0.92 areas. EUR USD Forecast on November 21, 2016 — November 25, 2016 In favor of a potential breakdown of the lower limit of the model is the point of the test is…