Author: 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.

Quotes of the dollar yen currency pair USD JPY continued to move in the downward trend. At the moment, there is the potential to see a continuation of the fall in the area below the local minimum. USD JPY Forecast Dollar Yen — June 2016 In favor of the continuation of falling USD/JPY Forex stands test of the descending trend line on the indicator of relative strength. Cancellation option of continuing the fall can be a break of 112, closing prices that could trigger the growth of quotations of the dollar yen higher than 118, in the framework of working…

Read More

The currency pair USD/CHF continues to test the upper limit of the downward channel. At the beginning of this month we expect the beginning of the fall and of the descending pattern 1:1 with a view to a potential lower than 0.91. FOREX Forecast USD/CHF — June 2016 Cancellation option rate USD CHF falling in June 2016 will be a strong growth of quotations of the Swiss franc above 1.01 levels, which will lead to the cancellation of the descending pattern is 1: 1. Additional signal in favor of the fall is the test of the descending trend line on…

Read More

Quotes Gold held last month in line with expectations and our daily forecasts on gold prices. At the moment, there is potential for further XAU USD quotes drop to below the level of 1100. XAU USD price forecast GOLD — June 2016 Cancellation option can become a strong growth of quotations and cost of Gold in June 2016 above the level of 1300, which will lead to penetration of the upper limit of the downward channel. An additional signal in favor of the fall is the development of GOLD for correction in the region at the level of 1280, where…

Read More

Quotes Brent showed growth above expectations last month. At the moment, there is a high potential for a drop in prices and the price of oil down in the rebound from the upper border of the descending channel. Forecast BRENT Crude oil prices — June 2016 Cancellation option will be a strong increase in oil prices BRENT above the $ 52 per barrel, which will provoke an increase in oil above the level of 60 dollars per barrel. We are trying to sell and are ready to increase the volume of oil sales in June 2016. Here is a major…

Read More

Currency pair Australian dollar showed a drop in quality in the rebound from the upper border of the descending channel. However, at the moment there is a potential for growth from current levels. But it will not attempt to continue the upward trend, but rather a good opportunity to sell AUD/USD. AUD/USD dollar exchange rate forecast — June 2016 The main signal in favor of the growth is the test of the lower boundary of the bovine 5-0 model, which involves the growth rate AUD/USD to the upper boundary of the descending channel. In general, the current top-down model of…

Read More

Currency pair pound dollar really able to show growth in the last month of trading. At the moment, there is the potential for a new wave of fall. In today’s review Prediction Pound Dollar (GBP/USD) to consider the situation in June 2016 for the pair in terms of classical technical analysis. Forecast Pound Dollar (GBP/USD) — June 2016 At the moment, the value of the relative strength indicator test downward trend line, suggesting a drop in prices pair GBP/USD to below 1.44. Cancellation option can become a strong growth of quotations of the dollar the pound above the level of…

Read More

Quotes of the currency pair New Zealand dollar NZD USD showed a drop from the downtrend line on the indicator of relative strength. NZD/USD dollar exchange rate forecast — June 2016 The pair is currently not ready to fall further down, so any correction should be seen as an opportunity for sales of the currency pair NZD/USD as a continuation of the fall and rebound from the downtrend line on the indicator of relative strength. Cancellation option can become a strong growth of quotations of the New Zealand dollar above the level of 0.71, and break through the resistance line…

Read More

Currency, the euro dollar showed a drop in May this year, as we expected in the forecast EUR / USD a month. In this review we consider the forecast Euro Dollar (EUR/USD) on June 2016 under the technical analysis chart. At the current moment there is potential for growth in EUR USD quotes in the rebound from the bottom of the bovine model 1:1. Forecast Euro Dollar EUR/USD — June 2016 Potential upside target may be a region above the level of 1.17. Cancellation option increase in the euro dollar in June 2016 will be a drop in prices pair…

Read More

Technical analysis and forex forecast EUR/JPY on June 3, 2016 Currency pair EUR JPY, returned to the lower boundary of the consolidation range. And with lows update forms a continuation of the trend down. Today we consider the possibility of mining the level of 120.44. And the main purpose of reduction of the wave at the level of 118.50. And this is only the first half-wave reduction, as part of our review of the Daily FOREX Analysis and NEWS — June 3, 2016. Technical analysis and forex forecast GBP/JPY on June 3, 2016 Currency pair GBP/JPY, broke through the growth…

Read More

Technical analysis and forex forecast GBP/USD — June 3, 2016 On the four hour chart the currency pair Pound Dollar GBP/USD closed the previous candle reversal pattern. The potential of a pair of fairly large incidence. In the near future we will be able to watch the price of the support level 1.4290, the review Free FOREX Trading Signals — June 3, 2016. Technical analysis and forex forecast USD/CAD — June 3, 2016 The pair US Dollar Canadian Dollar USD/CAD on the four hour chart forms a triangle shape. Count on the refinement of the figure up is not necessary…

Read More