Quotes of WTI crude oil closed the trading week correction at $ 46.33 per barrel. However, the potential for falling prices of oil retained within the mining forex reversal patterns Dragon or double top, which indicates a potential test area of 36 dollars per barrel, with a breakdown there is a risk to see a tight field test $ 30 a barrel. Analysis and forecast of oil prices on November 21, 2016 — November 25, 2016 But do not rule out an attempt to test dense punched trend line and only after that to continue reducing and development of the…
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 finished the trading week correction at $ 47.64 per barrel. At the moment, oil prices broke through the uptrend line forex reversal patterns Dragon, indicating the potential continuation of the decrease in prices of oil in the area below. Forecast BRENT oil price on November 21, 2016 — November 25, 2016 But do not rule out an attempt upward correction for a tight test a broken trend line and only after that to continue fall. In favor of reducing the resistance will also perform downlink test indicator of relative strength. The immediate goal of the fall…
Currency pair Australian dollar AUD USD finished the trading week with a strong drop in prices at the level of 0.7335. At the moment, preserved potential for continuation of falling of pair Australian dollar to below 0.71.The next couple of quotations to reduce the area on the level below the level of 0.6950. AUD USD forecast on November 21, 2016 — November 25, 2016 In favor of a continued drop in prices pair performs the breakdown of the uptrend line on the indicator of relative strength. Cancellation option of reduction of quotations AUD USD is not trading next week will…
Currency pair USD CHF forex trading week completed the strong growth at the level of 1.0097. At the moment, the pair is still bearish wave formation Wolfe, indicating a decline in couples of quotations in the area below the level of 0.96. USD CHF Forecast on November 21, 2016 — November 25, 2016 In favor of the version of the correction for the pair acts and tight test resistance area on the indicator of relative strength. Cancellation option drop in prices USD CHF will continue to grow in the area above the level of 1.02, which indicates a potential test…
Dollar Yen currency pair USD JPY finished the trading week of strong growth at the level of 110.90. As you can see, the pair is trading within a strong bullish trend. USD JPY Forecast on November 21, 2016 — November 25, 2016 At the moment, there is a potential for continued growth of quotations within the mining width punched ascending channel, but is considered conservative buying only with a dense dough pierced channel. A potential target for the development of an upward movement of the Japanese yen is the area at a level above 115; the cancellation option will become…
The currency pair Canadian Dollar to US Dollar USD CAD finished the trading week higher at 1.35. At the moment, saved the potential for continued growth of the Canadian dollar quotations in the area above the level of 1.3850 within the mining punched bandwidth. USD CAD Forecast on November 21, 2016 — November 25, 2016 In favor of the growth of quotations USD CAD acts as a dense test rising support line on the indicator of relative strength. Cancellation option of bullish trends will drop a pair of quotes in the area below the level of 1.33, which points to…
Quotes Gold XAU USD ended the trading week on a serious drop in the level of quotations 1207. As you can see, at the moment there is a potential for a continuation of falling of quotations of prices for gold mining within the forex pivot model head and shoulders in order to reduce the area below the 1105. XAU USD forecast Goldon November 21, 2016 — November 25, 2016 Cancellation option will strong growth XAU USD quotes above the right shoulder near the level of the model in 1325, which points to a continuation of upward correction. XAU USD forecast…
The currency pair New Zealand dollar NZD USD finished the trading week on a strong drop in the level of 0.70. At the moment, the pair quotes struck neckline reversal forex head and shoulders pattern, which indicates a continuation of falling NZD USD at 0.66. Forex NZD USD Forecast on November 21, 2016 — November 25, 2016 Cancellation option will be a strong growth of quotations of the New Zealander on the next trading week above the level of the right shoulder, which points to a continuation of growth. Also do not forget about working out a bearish Wolfe wave…
Quotes stock index NIKKEI 225 at 17983, finished the trading week at the moment, there are risks to see the beginning of a downward correction of the index of quotations within the beginning of the reversal pattern mining head and shoulders on the indicator of relative strength. NIKKEI 225 Forecast on November 21, 2016 — November 25, 2016 The immediate goal of reducing the NIKKEI 225 index of quotations is the area at the level of 1700, which quotes meet the quality support area. Cancellation option will be the reduction of the index strong growth and the breakdown field 18300…
Quotes stock index DAX 30 ended the trading week at 10663. As we can see, the index quotes tight test resistance area. DAX 30 Forecast on November 21, 2016 — November 25, 2016 With the current levels is expected to drop an attempt to test the area of 10300, cancellation scenario will be a strong growth DAX quotes above the level of 11,000, which will point to a continuation of an upward trend. Consider buying the DAX 30 index is at the time of the test the lower boundary of the rising channel on the level of 9785. DAX 30…