Currency pair EUR USD continued to decline and is currently retained potential for further depreciation of the euro against the US dollar. EUR USD Forecast Euro against the dollar on September 1, 2016 In favor of the fall is the test of the broken trend line on the indicator of relative strength, indicating a decline of quotations pair EUR USD since the current levels, but in the case of upward correction of the pair EUR USD could show growth in the area of 1.1220, where you can try to sell again. Therefore we recommend to tighten stop loss in the…
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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.
Currency pair pound dollar GBP USD contrary to expectations, the breakdown triangle model below shows a strong growth and has been able to break through the upper boundary of the model. currently retained the capacity to complete the formation of a large reversal forex head and shoulders pattern that points to a continuation of falling of quotations pair GBP USD. GBP USD Forecast British Pound on September 1, 2016 Cancellation option will be the fall of the strong growth and the breakdown of the area of a local maximum. Consider new sales worth at the time of completion of the…
Currency pair Australian Dollar US Dollar AUD USD continues to decline within the descending wave pattern Wolfe and is currently trading at 0.7507. Now there is the potential for the continuation of falling of pair of quotes in the area below the 0.7380 level, but in the case of upward correction is expected to test the area at the level of 0.7560, where again you can try to sell the pair with the tight stop loss. AUD USD forex forecast on September 1, 2016 We continue to hold the sale, but in the case of trying to close the position…
Quotes BRENT crude oil failed to break the model down triangle, but a strong drop in prices of the pair we have not seen. Currently retained the potential for growth of quotations attempts and oil prices due to the formation of bullish wave pattern Wolfe on the indicator of relative strength. Analysis and forecast of oil prices BRENT on September 1, 2016 But do not rule out an attempt to fall BRENT crude oil quotations to 47 dollars per barrel, where you can try to buy with tight stop loss, in case of continuation BRENT quotations fall below $ 46…
The currency pair Canadian dollar against the US dollar USD CAD failed to develop and fall to work bearish reversal pattern Wolfe waves, so at this moment we should expect growth of quotations attempt USD CAD to local maximum. USD CAD Forecast Canadian Dollar Forex on September 1, 2016 An additional signal for the continuation of the growth is the test of a broken line of resistance on the relative strength indicator, which indicates the potential growth already from current levels. Cancellation option drop in prices pair USD CAD below the level 1.3040, which will point to a continuation of…
Quotes of the dollar yen currency pair USD JPY continues to grow, but we are staying out of the market and we expect the pair test the descending trend line on the chart. Already on this level is expected to try to drop in prices USD JPY. USD JPY Forecast Dollar Yen on FOREX September 1, 2016 Cancellation option camp breakout trend line that indicates an extension of the pair of quotations growth in the next resistance area at 106.70, with a breakdown of which is expected to continue growth and the completion of the downtrend for the pair USD…
Quotes Gold XAU USD broke through the lower boundary of the model triangle, which may indicate a continuation of falling prices for gold in the region at a level below 1280. XAU USD forecast prices for Gold on September 1, 2016 Cancellation option will be a strong growth XAU USD in the area above 1340 indicates that an continuation of the growth of quotations in the area of the upper boundary of the model Triangle with a potential breakdown it up. XAU USD forecast prices for Gold on September 1, 2016 suggests an attempt to fall within the mining model…
Quotes Silver XAG USD continues to trade within the descending pattern of 1:1 in order to fall below the 17.70 area. Cancellation option will be a breakdown of the upper boundary of the channel, which points to continued growth of quotations XAG USD in the area above the level of 20. XAG USD silver prices forecast for September 1, 2016 An additional signal for the continuation of the fall is the formation of topping model in the forex indicator of relative strength, indicating a continuation of the fall already from current levels. XAG USD silver prices forecast for September 1,…
Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to trade at 0.7240, the full development we have not seen the fall, however, the potential to reduce quotes NZD USD maintained. NZD USD Forex New Zealand Dollar forecast on September 1, 2016 An additional signal in favor of sample fall is the lower boundary of the triangle models to the relative strength indicator, which indicates a drop since the current levels. Cancellation option can become a strong growth in the area above the 0.73 level, but even at these levels, there is the potential…
Currency pair USD CHF Franc dollar reached the next level of resistance, and at the moment there are risks to see the development of a downward correction for the pair with the target of the fall below 0.9640. USD CHF Forex Forecast Swiss Franc on September 1, 2016 However, if the steam can penetrate 0.9840 resistance area, it will indicate the continued growth and an area of the dough at a level above 0.99. USD CHF Forex Forecast Swiss Franc on September 1, 2016 assumes the fall of attempt to the rising channel’s lower border, where is expected to continue…