Currency pair EUR GBP continues to fall within the framework of the descending forex 1:1 model. The purpose of the fall is the area on the lower level of 0.8430 with a potential test of the rising channel’s lower border, where we can expect the beginning of growth of quotations of the euro the pound to a local maximum. EUR GBP FOREX Euro Pound forecast on September 1, 2016 Cancellation option will be the continuation of falling of strong growth and the breakdown of 0.8570 area, which indicates the completion of the fall and the beginning of the upward correction…
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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.
Euro Yen currency pair EUR JPY is trading at 114.97, currently has the potential to start a pair of quotes fall within the descending pattern Wolfe waves. EUR JPY Forecast FOREX Euro Yen on September 1, 2016 The purpose of the fall is the area on the lower level of 113.90. An additional signal to the fall of quotations EUR JPY forex advocates the formation of topping model head and shoulders, which also points to the drop since the current levels. Cancellation option also become a strong growth of quotations EUR JPY above 115.60 levels that indicate a likely continuation…
Currency pair EUR USD continues to fall within the framework of working out a bearish wave Wolfe. We continue to keep selling the pair is expected to fall and the euro dollar to below the level of quotations 1.10. Cancellation option here would be a strong growth of the pair EUR USD above 1.14 level, but such an option, we believe it unlikely. EUR USD Forecast Euro against the dollar on August 31, 2016 With chatted local minimum area should expect acceleration of the fall of the euro dollar quotations with the aim of coming to a level below 1.11…
Currency pair pound dollar GBP USD also continues to fall within the framework of working out a bearish wave pattern Wolfe, as well as a descending pattern of 1:1. GBP USD Forecast British Pound on August 31, 2016 Cancellation option will be a strong growth of quotations pair GBP USD above 1.33 level that points to continued growth in the region above the level of 1.34. The purpose of the fall is the area on the lower level of 1.2920, where there is a close part of short positions. The purpose of the descending pattern is 1:1 is the area…
Currency pair Australian Dollar US Dollar AUD USD is still trading within the descending pattern Wolfe waves. At the moment, there is potential for further drop in prices pair and accelerate the fall due to the rebound from the resistance area. AUD USD forex forecast on August 31, 2016 We are actively increasing our sales and are willing to try new sales with a breakdown field of the local minimum. Cancellation option quotations falling AUD USD will be strong growth above the level of 0.78, which cancels the model and point to a continuation of growth of pair. AUD USD…
Quotes BRENT crude oil continues to trade within the forex triangle patterns. At the moment, there is the potential to test the upper boundary of the model and the potential breakdown up that point to continued growth of quotations and price of oil. Forecast BRENT oil price on August 31, 2016 However, if BRENT quotations will be able to break through the lower boundary, in this case, is expected to fall to the level of 46 dollars per barrel. We rather expect it attempt to break up and continuing rise in oil prices. Forecast BRENT oil price on August 31,…
The currency pair Canadian dollar against the US dollar USD CAD is testing the area close the upper boundary of the descending pattern Wolfe waves. at the moment we should expect the beginning of falling of pair of quotes in the region at a level below 1.2750 within the mining model. USD CAD Forecast Canadian Dollar on August 31, 2016 An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength. Also at smaller time intervals formed reversal forex head and shoulders pattern, which indicates the fall. Cancellation option…
Quotes of the dollar yen currency pair USD JPY continued to rise and is currently protected by the potential for further growth and a downward trend line test on the chart. Cancellation option price growth dollar yen pair will be a strong drop in prices in the region at a level below 101. USD JPY Forecast of the dollar against the yen on August 31, 2016 On the whole, the situation in the pair remains somewhat complicated and should wait for developments before making trading decisions. USD JPY Forecast of the dollar against the yen on August 31, 2016 primary…
Quotes Gold XAU USD continues to test the punched area of support in the form of the lower boundary of the triangle model. At the moment, there is the potential to continue fall within the mining model with the immediate goal of the field at a level below 1280. XAU USD forecast for the gold price on August 31, 2016 Cancellation option quotations falling and the price of gold can become a strong growth above the level of 1350, which points to the continued growth of quotations area of the upper boundary of the triangle model. XAU USD forecast for…
Quotes Silver XAG USD continues to trade within the descending pattern of 1:1 in order to fall to below 17.50 area. Cancellation option will be a strong growth and a break above the 19.00 area, which indicates continued growth of quotations en Silver in the area above the level of 20. XAG USD price forecast for silver on August 31, 2016 An additional signal in favor of the fall and of the descending forex 1:1 model stands the test downward trend line on the indicator of relative strength, which indicates the continuation XAG USD quotes fall. XAG USD price forecast…