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 BRENT crude oil continue to build on the breached border triangle pattern, indicating a continued drop in oil prices to below $ 42 per barrel. OIL price forecast BRENT on July 19, 2016 Cancellation option will increase in quotes above the strong level of $ 52, that will indicate a potential increase in BRENT quotes above level 55. OIL price forecast BRENT on July 19, 2016 involves the development of an attempt BRENT quotations fall within the mining model triangle with the immediate goal of the fall in the below 42 dollars per barrel. EUR USD forecast today Technical…

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The currency pair Canadian dollar against the US dollar USD CAD is still trading within the triangle model. At the moment, there is potential for growth of pair within the mining district inverted head and shoulders pattern on the display relative strength indicates the potential growth of USD CAD is already with the current levels. Forex Forecast USD CAD on July 19, 2016 Cancellation option will be the growth of the Canadian dollar strong drop in prices below the level 1.2850, which will point to a continuation of the fall in the region at a level below 1.26. Forex Forecast…

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Quotes of the dollar yen currency pair USD JPY showed an increase, however, as part of the daily chart pair is very likely expected to fall to below the level of 103.50, where you can try to buy. USD JPY Forecast Japanese Yen on July 19, 2016 Currently, a strong signal in favor of continuing the USD JPY quotes fall is the formation of reversal pattern Forex failure swing, indicating that the penetration of the nearest support level in the area below the level of 105.80. Cancellation option USD JPY falling of quotations will be strong growth in the dollar…

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Quotes Gold XAU USD continues to test the area at the level of 1327, the nearest support stands lower boundary of the rising channel. At the time of the test should not expect a rebound and the development of an attempt to continue the growth XAU USD quotes in the area above the level of 1350 in the framework of the completion of the formation of topping models forex head and shoulders. XAU USD price forecast for gold on July 19, 2016 After that we can expect the beginning of the XAU USD quotes drop to below the level of…

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Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to test the area at the level of 0.71. Currently we should expect the attempt to rebound from the support line on the indicator of the relative strength and the development of an upward movement in the region at the level of 0.7230. NZD USD Forex forecast for July 19, 2016 From these levels you can again try to sell the currency pair NZD USD with a close stop. The purpose of the fall is still the area at a level below 0.66. Cancellation option…

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Currency pair USD CHF Franc the dollar continues to move in within expectations. The pair is currently trading near the upper boundary of the descending channel model 5-0. USD CHF Forex forecast for July 19, 2016 The purpose of the fall and testing of such a model can be a region at a level below 0.97. Cancellation option quotations falling USD CHF will be strong growth above the level 0.9850, which will point to a continuation of the upward trend in the area above the level of 0.9990. USD CHF Forex forecast for July 19, 2016 suggests an attempt to…

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Currency pair EUR USD continued to trade within the lateral movement on the previous trading week, we did not see serious movement on the pair. To date, it remains relevant bullish wave pattern Wolfe, however, we can expect another test of support area on EUR USD and only after that you can try to buy the euro against the US dollar. EUR USD forecast Euro exchange rate July 18, 2016 — July 22, 2016 An additional signal in favor of the beginning of the growth of the euro in the next trading week of July 18 — July 22, 2016…

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Currency pair pound dollar GBP USD continues to trade within the descending pattern 5-0, on the one hand is expected to continue falling pound quotations within a mining model, with the potential to reduce the level below 1.26. GBP USD Forecast Forex July 18, 2016 — July 22, 2016 On the other hand there is the potential for the formation of an inverted head and shoulders pattern that will indicate an attempt to turn the pound against the US dollar. To complete this model, it is important to see the continuation of falling of quotations GBP USD to below 1.31,…

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The pair AUD USD Australian Dollar continues to trade under pressure due to test the descending trend line on the indicator of relative strength. At the beginning of the next trading week of July 18, 2016 — July 22, 2016, we expect the beginning of falling from the current levels. AUD USD forecast for the week July 18, 2016 — July 22, 2016 Potential purpose of completing the area below the level of 0.73 with a high probability of continuing USD AUD quotations drop to below 0.72. We continue to hold the sale AUD USD with a close stop loss.…

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Quotes BRENT crude oil continue to test the area at $ 47 per barrel. At the beginning of the next trading week of July 18, 2016 — July 22, 2016, we expect an attempt to fall in oil prices in the framework of the completion of the uptrend. Forecast BRENT oil for the week July 18, 2016 — July 22, 2016 As you can see, the trend line is broken, and for completion of the current trends it is important to see a breakdown of the level of $ 46 per barrel, which will point to a continuation of the…

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