Quotes of the dollar yen currency pair USD JPY continued to rise, contrary to expectations. However, at the moment there is a potential for the continuation of falling of pair within the mining forex reversal patterns failure swing on the indicator of relative strength. Forecast Japanese Yen USD/JPY on 22/07/2016 The purpose of the fall and testing of such a model is the area below the level of 10.80. Cancellation option drop in prices USD JPY will be a strong growth of the pair above the level of 107, which indicates the continuation of growth of pair to 108. We…
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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.
The currency pair Canadian dollar against the US dollar USD CAD continued to grow, but it is worth remembering about the test downward trend line on the four-hour chart the pair that could provoke the fall of quotations USD CAD to below 1.30. Forecast USD/CAD Canadian Dollar on July 22, 2016 An additional benefit of the fall is the signal of a reversal pattern forming head and shoulders on the hourly chart of the Canadian dollar. However, try to sell only after the neckline breakdown below 1.3030 area. Cancellation option drop in prices USD CAD will be strong growth above…
Quotes BRENT crude oil continues to test resistance area near the level of 47.50 dollars per barrel. We continue to hold the sale of oil and still expect to try working out a broken triangle pattern on the chart. OIL price forecast BRENT on July 22, 2016 An additional signal in favor of attempts to continue falling again testing the descending trendline on the Relative Strength indicator, which indicates the continuation of falling of quotations BRENT already from current levels. Cancellation option of falling oil prices will be strong growth and penetration of the field 52 dollars per barrel, which…
Currency pair Australian dollar against the US dollar AUD USD continues to decline in line with expectations. At the moment, there is potential for development of the descending pattern is 1:1 with a view to a potential fall in the level below 0.74 area. AUD USD Forecast Australian Dollar on 07/22/2016 Cancellation quotations falling variant AUD USD pair will be strong growth and penetration level of the upper border of the channel, which will point to the abolition of the mining model. In case of breaking through the upper boundary of the channel is expected to develop a full-fledged upward…
Currency pair pound dollar GBP USD continues to trade within the reversal of force model head and shoulders. From current levels we can expect continuation of falling of pair of quotes in the area below the level of 1.28, due to the rebound from a broken neck line reversal pattern. GBP USD Forecast pounds on July 22, 2016 Cancellation option of continuing the pair GBP USD will fall the strong growth of the pound against the US dollar above the level 1.3340, which will point to a continuation of the upward movement in the area above 1.35. GBP USD Forecast…
Currency pair EUR USD continues to test the support area at 1.10. In previous projections, we have assumed a continuation of the fall of the euro quotations, but at the moment on the hourly chart EUR USD has the potential for growth of pair within the mining bullish wave pattern Wolfe for the purpose at a level above 1.1120. Forex forecast of the euro dollar on July 22, 2016 Cancellation option mining model will drop the currency pair EUR USD quotes 1.0980 below the level that will trigger continued to fall below the level of 1.09. Forex forecast of the…
Currency pair EUR USD continues to trade within expectations and our forecast of the euro against the dollar tomorrow. Currently we should expect the continuation USD EUR fall within the completion of the descending pattern with the target of the fall 5-0 at below 1.09. EUR USD Forecast Euro dollar exchange rate on July 21, 2016 Cancellation option will drop the pair strong growth of quotations EUR USD above the 1.1190 level. An additional signal in favor of the completion of the fall can be a test of the support line on the indicator of relative strength, but on the…
Currency pair pound dollar GBP USD continues to trade within the forex pivot head and shoulders pattern. Currently quotes pound against the US dollar broke through the neckline pattern, indicating a continuation of the fall and mining purposes at a level below 1.28. GBP USD Forecast Pound on FOREX July 21, 2016 Cancellation option quotations falling GBP USD will be strong growth in the pair and the penetration level of 1.33, which points to a continuation of the upward movement and a potential reversal of the pound against the dollar. Also, do not exclude the possibility of a broken neck…
Currency pair Australian dollar against the US dollar AUD USD is still trading within the descending pattern Wolfe Wave in order to develop to a level below the 0.7250 area. Currently quotes pair broke the support line, which indicates the continuation of the reduction in the framework of mining models. AUD USD Forecast Australian Dollar on 07/21/2016 But do not rule out an attempt to test the broken line, and only then of USD AUD quotations fall to below 0.7250. Cancellation option will be the mining model strong growth of the Australian dollar against the US dollar above the 0.77…
Quotes BRENT crude oil continues to fall within the beginning of the mining punched forex triangle patterns with the potential to reduce to below 42 dollars per barrel. Cancellation option will be a strong growth BRENT quotes above the level of 52 dollars per barrel. Forecast BRENT oil prices on July 21, 2016 An additional signal in favor of continuing decline in oil prices has become a test of the descending trend line on the indicator of the relative strength and rebound from this line. Forecast BRENT oil prices on July 21, 2016 assumes continuation of reduction within the framework…