Author: forex24pro

The currency pair Canadian dollar against the US dollar USD CAD continues to trade within the forex triangle patterns. However, at the moment there is a test rising support line on the indicator of relative strength, which points to the likely growth of quotations USD CAD in the area above the level of 1.32. USD CAD Forecast Canadian Dollar on July 15, 2016 Cancellation option will drop the currency pair Canadian dollar below the level of 1.28, which points to the continued decline in the area below the level of 1.25. USD CAD Forecast Canadian Dollar on July 15, 2016…

Quotes BRENT crude oil continues to trade in line with expectations and currently once again able to break through the lower region of the border triangle model. In such a situation is expected to continue BRENT prices fall to below the level of 44 dollars per barrel. OIL price forecast BRENT on July 15, 2016 Cancellation option could be a strong increase in oil prices above the level of 52 dollars per barrel, which will point to a continuation of the uptrend. At the moment, we can expect an attempt to test resistance area at 47.50 above, where is expected…

Currency pair Australian dollar against the US dollar AUD USD continues to trade within the descending pattern Wolfe waves. AUD USD Forecast Australian Dollar on July 15, 2016 At the moment, is expected to continue falling with the immediate goal to below 0.7470 area. An additional signal in favor of the beginning of the fall is the resistance of the downlink test indicator of relative strength. Cancellation option quotations falling AUD USD will be strong growth of the pair above the level of 0.77, which indicates the continuation of an upward trend. AUD USD Forecast Australian Dollar on July 15,…

Currency pair pound dollar GBP USD continues to trade in line with expectations and our forecast for tomorrow GBP USD. At the moment, there is the potential to test the upper boundary of the descending channel and continuing the pair Pound Dollar fall within the beginning of the descending pattern 5-0. GBP USD Forecast pounds on July 15, 2016 An additional signal in favor of the falling GBP USD advocates the formation of reversal pattern failure swing on the indicator of relative strength. GBP USD Forecast pounds on July 15, 2016 suggests an attempt to continue the upward correction to…

Currency pair EUR USD continues to trade within the descending pattern 5-0. To date, the potential for development is maintained in quotations fall to EUR USD at 1.09. EUR USD Euro Dollar Forecast on July 15, 2016 Additional forex signal in favor of the continuation of the fall is the resistance of the downlink test indicator of relative strength, which implies a drop in prices pair EUR USD since the current levels. Cancellation option continued fall of the euro against the US dollar will be strong growth of the pair above the 1.1190 level, which points to a continuation of…

Technical analysis and forecast FOREX EUR/JPY on July 15, 2016 Currency pair EUR/JPY, has formed a consolidation range and breakdown up today fulfilled extension. Next, consider the possibility of reducing the breakdown lower range and an extension to the 111.78 level. Next, consider the possibility of the fifth structure of growth to the level of 117.83, the review Forex Analysis and NEWS on July 15, 2016. Technical analysis and forecast FOREX GBP/JPY on July 15, 2016 Currency pair GBP/JPY, now trading under the pressure of growth. Consider the possibility of overlap 140.36 level. We view this growth as a correction.…

Currency pair EUR USD continues to trade within the descending pattern with 5-0 potential target falling to 1.09. Cancellation option euro decline against the US dollar will be strong growth above the level 1.1170, which will lead to the abolition of the model and point to continued growth in EUR USD quotes in the area above the level of 1.14. FOREX Euro dollar forecast EUR/USD on July 14, 2016 An additional signal for the continuation of the euro the dollar’s decline from current levels stands the test downward trend line on the indicator of relative strength. We continue to hold…

Currency pair pound dollar GBP USD failed to break through the upper boundary of the descending pattern is 1:1 and went on to develop upward correction. At the moment, there is the potential to complete the formation of a bearish pattern 5-0 to reduce the pound below 1.25. Forex GBP/USD forecast pounds on July 14, 2016 Cancellation option will be a strong growth of quotations of the currency pair GBP USD higher than 1.36, which indicates a potential reversal of the pair. An additional benefit of the fall is the signal of the test values relative strength indicator resistance area,…

Currency pair Australian dollar against the US dollar AUD USD continued its growth and was able to upgrade the region highs. However, the quotation AUD USD continues to move in the bearish Wolfe wave model. The purpose of the fall is the area on the level below 0.7340. AUD/USD Forecast Australian Dollar on July 14, 2016 The immediate goal of reducing can select an area near the level of 0.7450. Cancellation option of falling of pair AUD USD will be strong growth and penetration level of 0.77, which could trigger further growth. We continue to hold the sale and ready…

Quotes BRENT crude oil could go back inside the triangle model, however, has not yet overcome the top, so we can talk about the abolition of options with the continuation of falling oil prices BRENT. OIL price forecast BRENT on July 14, 2016 To date, an additional signal in favor of the oil price fall is the test of the descending trend line on the indicator of relative strength, it also points to the drop in oil prices in the region at a level below 44 dollars per barrel. Cancellation option will make the fall BRENT strong growth in the…