Quotes Gold XAU USD also continued to rise and is currently trading at close to 1350. Now there is also the potential for continued growth of quotations XAU USD to the upper boundary of the descending channel, where we can expect the beginning of falling gold prices. Forecast prices Gold XAU USD on September 8, 2016 In the case of the breakdown of the area is expected to continue XAU USD quotations growth in the area above the level of 1370 and even more in the framework of mining punched bandwidth. Forecast prices Gold XAU USD on September 8, 2016…
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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 of the dollar yen currency pair USD JPY is trading fully in line with expectations and our forecast USD JPY for tomorrow. At the moment, there is potential for further pair of quotes falls to below 101 within assurances forming bullish patterns 5-0. USD JPY Dollar exchange rate forecast on September 8, 2016 Already from the lower boundary of the rising pattern is expected to start growing in the area above the level of 104. Cancellation option will be the breakdown of the channel, but in this case we should not expect a serious drop in prices USD JPY…
The currency pair Canadian dollar against the US dollar USD CAD continued to fall, and contrary to expectations, could not develop mining bullish reversal pattern Forex. To date, the quotation USD CAD testing a support area, where we can expect the level of the test attempt 1.2920. USD CAD Forecast Canadian Dollar on September 8, 2016 An additional signal in favor of the growth of the pair testing the support line on the indicator of relative strength. Cancellation option USD CAD quotes growth will drop the pair below 1.2740; it will point to a continuation of the downward movement of…
Quotes BRENT crude oil continues moving inside the descending channel. At the moment, there is potential for the quotes to continue falling and oil prices below the level of 45.50 dollars per barrel. Analysis and forecast of oil prices BRENT on September 8, 2016 Cancellation option of falling oil prices tomorrow will be a strong growth area and the breakdown of the upper boundary of the descending channel at a level above 48 dollars per barrel, which will point to the potential growth BRENT quotes above the 52 dollars per barrel. Also do not forget that in case of rise…
Currency pair Australian Dollar to US Dollar AUD USD continued to rise, contrary to expectations, but it is already saved to start the potential fall within the forex reversal patterns of Head and Shoulders. An additional signal in favor of the fall will test resistance area on the indicator of relative strength. Analysis and Forecast AUD USD on September 8, 2016 Cancellation option will be the fall of quotations AUD USD strong growth and the breakdown of local area high above the level 0.7740, which will point to the abolition of the forex model and the continued growth of quotations…
Currency pair pound dollar GBP USD contrary to expectations, has shown strong growth and was able to break through the upper boundary of the model triangle. From a technical point of view we can expect continuation of growth of pair of quotes and the beginning of the mining triangle forex pattern. GBP USD Forex Forecast on September 8, 2016 However, currently stored for the potential drop in the beginning of the rebound resistance test area as uplink upper border and also a relative indicator of resistance force. Cancellation option will be the strongest growing quotes GBP USD above the upper…
Currency pair EUR USD managed to show strong growth and has tested the area at the level of 1.1250. At the moment, preserved potential to continue fall within the completion of work on Forex Wolfe Wave patterns with a view to falling below the 1.1130 area. Analysis and forecast Euro Dollar EUR USD on September 8, 2016 Cancellation of the fall of quotations options EUR USD will break-down area above the level of 1.1280, which indicates an increase of the euro continued to a local maximum. An additional signal in favor of the continuation of falling EUR USD will test…
On Wednesday, September 7, 2016 and is expected to increase news background, which may put pressure on the currency pairs in today’s review Forex Fundamental Analysis for September 7, 2016 we will look at the major events and assess their likely impact on the Forex market. Early in the morning will be published data on gross domestic product of Australia in April. In annual terms, the growth rate is expected at 0.1% to 3.20%, but the quarterly report likely to show a decline to 0.4%, while the value of the past was at 1.10%, which will put pressure on the…
The currency pair USD CHF continues to test dense region of the rising channel’s lower border, indicating a potential rebound and a pair of quotes growth development to higher levels of 0.9890. Cancellation option may be falling and the breakdown of 0.9740 areas, which point to a continuation of the fall to below 0.9650. USD CHF Dollar Frank forecast on September 7, 2016 We try to buy the pair USD CHF with a close stop loss and we are ready to increase the volume of purchases by the development of an upward movement. USD CHF Dollar Frank forecast on September…
Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to trade within a bearish pattern Wolfe waves, and also are continuing formation of reversal pattern Forex Head and Shoulders. NZD USD Forecast New Zealand Dollar on September 7, 2016 We try to increase the volume of sales of NZD USD to close above the level of the table of a local maximum and the right shoulder head and shoulders pattern. Is expected to accelerate the fall of the New Zealand dollar mill breakdown of the neckline, which will show a drop to below 0.71.…