Quotes of the currency pair New Zealand Dollar against the US Dollar NZD USD continues to trade outside of the wedge model, but the goal of the model have not been achieved. Therefore, in the near future we expect to try a New Zealander quotations drop to below 0.70 level within the framework of completion of work on the model. NZD USD rate forecast New Zealand Dollar on August 31, 2016 Cancellation option will be strong growth in USD NZD quotes in the area above the level of 0.74, which points to the abolition of the model and the continued…
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.
Currency pair USD CHF Franc the dollar continued to rise, however, to achieve the goal of a couple we have not yet seen. This suggests that the potential for continued growth of quotations USD CHF is saved and is expected to continue mining bullish wave pattern Wolfe. USD CHF Forecast Swiss Franc on August 31, 2016 Cancellation option may become stronger fall and breakdown field of local minimum, but this option we consider unlikely. An additional signal for the continuation of the growth is the breakdown of the trend line on the indicator of relative strength, as indicated by an…
Forex Technical Analysis and Forecast EUR JPY on August 31, 2016 Currency pair EUR JPY, with the lights out on the level of 114.50, checks the strength of the top band punched consolidation. Today we consider the possibility of another increase to the level of the structure 115, as an alternative to the continuation of the correction. A main scenario remains to fall to the next target at 112.50, as part of our review FOREX Daily analysis and NEWS on August 31, 2016. Technical analysis and forex forecast GBP JPY on August 31, 2016 Currency pair GBP JPY, trading at…
Trading Signals AUD USD on August 31, 2016 The pair AUD USD on the four-hour chart after a rapid fall in the form of spent correction of the inverted flag. At the moment, the pair has started working out of the figure and the potential fall can be expected at the level of support 0.7483, the review Forex trading signals on August 31, 2016. Trading Signals EUR CHF on August 31, 2016 Currency pair EUR CHF once again came to the level of resistance to attempts to break it up and go. At this stage, this does not happen again,…
Currency pair EUR USD continues to trade within the triangle model that characterizes the uncertainty in the pair. At the beginning of September 2016, we expect an attempt to increase the euro area in the upper limit, but the penetration and exit EUR USD quotes outside the Triangle. EUR USD Forecast euro against the dollar on September 2016 With a high probability of the euro against the dollar quotes show again drop from the level of 1.1450 with a potential breaks the level of 1.05. Therefore, in the end of August we can expect a tight test of 1.14 area,…
Currency pair pound dollar GBP USD continues to test the area of a local minimum. At the moment, as the main versions of events on the pair GBP USD in September 2016 the camp pound correction attempt against the dollar to above 1.35 level, followed by a fall to below 1.20. GBP USD rate forecast for the British Pound on September 2016 Cancellation of such a scenario will be a strong growth of quotations GBP USD in the area above the level of 1.40, which indicates the return of pounds into the channel and point to a continuation of the…
Currency pair Australian dollar AUD USD is still trading within the descending pattern 1:1 with a view to the potential of falling of pair of quotes in the area below the level of 0.66. Cancellation option this fall of quotations AUD USD will be strong growth in the Australian dollar above the level of 0.80, which points to a continuation of the upward movement in the area above the level of 0.87. Forecast of the Australian dollar in the September 2016 An additional signal for the continuation of the downward trend on the AUD USD and of the descending pattern…
Quotes BRENT crude oil firmly tested the region of formation of the right shoulder reversal pattern Forex Head and Shoulders. At the moment, there is the potential to see the beginning of the rise in oil prices in September 2016. Forecast for oil prices BRENT in September 2016 The immediate goal of growth in oil prices is the area at a level above $ 55 per barrel since the breaks, which is expected to continue growth and full testing of forex inverted head and shoulders pattern. Cancellation option BRENT oil brand in September 2016, the rise in prices will drop…
The currency pair Canadian dollar against the US dollar USD CAD continues to trade at a level near 1.30. At the moment, there is a high potential for the beginning of the fall of the Canadian dollar in the framework of the formation of the bull wave pattern Wolfe. USD CAD Canadian Dollar Forecast to September 2016 To this end, it is important to see a drop in prices USD CAD in the region at a level below 1.23, where you can try to buy the pair, and to expect the beginning of growth in the region of 1.37. Cancellation…
Currency pair USD JPY Dollar Yen continues to test the area of a local minimum. At the moment, there is potential for a rebound from this area in the framework of working out a reversal pattern on the indicator of relative strength. USD JPY Forecast Japanese Yen exchange rate on September 2016 The immediate goal of growth of quotations of the currency pair USD JPY is the area at a level above 107. Cancellation option of the growth rate of the Dollar against the Japanese yen and the fall will be a strong level of shedding below 95, which points…