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 index S&P 500 could update the local maximum region. However, now there is resistance downtrend line test indicator of relative strength, which implies a drop in prices of S&P 500 to the next level of support near 2030. S&P 500 forecast June 13, 2016 — June 17, 2016 Cancellation option fall can become a strong index growth of quotations at the beginning of the next higher level of trading week 2160. S&P 500 forecast June 13, 2016 — June 17, 2016 suggests a drop in prices in the rebound from the resistance line on the indicator of relative strength.…

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Quotes of the currency pair EUR CHF also continue to fall within the beginning of working out a reversal forex head and shoulders pattern. EUR CHF Forex forecast June 13, 2016 — June 17, 2016 A potential target of the fall EUR/CHF quotes the area at a level below 1.04. Cancellation option of falling can be a strong increase in euro franc pair’s for the next trading week above the level of 1.1150. Increase the amount of sales is only after the price breaks the neckline below the 1.0850 area. EUR CHF Forex forecast June 13, 2016 — June 17,…

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Quotes of the currency pair USD PLN showed serious decline in line with expectations and our previous forecast. We were able to capitalize on this great fall. USD PLN Forex Forecast June 13, 2016 — June 17, 2016 As the USD/PLN forecast for the next trading week is expected to try to correct at the upper boundary of the descending channel, where you can again try to sell the pair with the tight stop. Cancellation option of continuing formation of topping FX models will break 3.99 level, in this case it is necessary to expect continuation of growth of quotations…

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Quotes Gold XAU/USD showed an increase of the current trading week, in line with expectations and our daily forecast for the gold price. Forecast XAU USD for the week June 13, 2016 — June 17, 2016 At the moment, growth is expected to continue to 1280, where you can try to sell with a close stop. The purpose of the fall and mining reversal forex head and shoulders pattern is the area on the level below 1150. Cancellation option of falling prices for gold within the mining model will be head and shoulders strong growth XAU USD above the level…

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The currency pair New Zealand Dollar NZD/USD at the current trading week showed no test of the rising channel’s lower border, and went to the strong growth. Forecast NZD/USD for the week June 13, 2016 — June 17, 2016 At the moment, there is potential for the beginning of falling of quotations of the New Zealand dollar in the framework of working out a bearish wave pattern Wolfe with a potential target at levels below 0.66. Cancellation of the quotations falling NZD USD options on the next trading week will be a pair of strong growth in the area above…

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The currency pair USD/CHF is trading fully in line with expectations. At the moment, we could get a good income from sales of the currency pair usd chf. Forecast FOREX USD CHF June 13, 2016 — June 17, 2016 However, in the near future we can expect the beginning of growth of pair in the rebound from the support line on the indicator of relative strength. An additional signal in favor of growth may be the formation of inverted head and shoulders pattern, which also indicates an increase since the current levels. Cancellation option will drop in prices below USD…

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Currency pair USD JPY continued to fall in line with expectations and our forecast usd jpy last week. At the moment, there is the potential for the continuation of falling of quotations of the dollar, the yen to below 104 as part of the completion of the descending pattern of 1:1. USD JPY forecast for next week June 13, 2016 — June 17, 2016 Already near the level of 104 is expected to testthe support line on the indicator of relative strength, which can trigger the development of upward correction. USD JPY forecast for next week June 13, 2016 —…

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The currency pair Canadian dollar against the US dollar USD/CAD showed a fall and was able to work out the reversal forex head and shoulders pattern. USD CAD forex forecast June 13, 2016 — June 17, 2016 At the moment, there is potential for growth in the beginning of the rebound from the rising support line on the indicator of relative strength. Cancellation option can be a break of 1.2650, in which case we can expect continuation of falling of quotations of the Canadian dollar down to below 1.22. An additional signal acts forming bullish patterns 5-0 with a potential…

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Quotes of WTI oil has also shown strong growth and was able to break and consolidate above the descending channel. Forecast for WTI oil prices June 13, 2016 — June 17, 2016 At the current trading week, we still expect to try and fall of oil correction in the rebound from the resistance area on the indicator of relative strength. The aim can be a test of the broken channel line at $ 47 per barrel. Cancellation option will be the continuation of the growth of quotations of oil above the level of 53 dollars per barrel. Forecast for WTI…

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Quotes of oil BRENT obscurities broke through the upper limit of the downward channel. It is necessary to expect continuation of growth, but we still look forward to a fall in oil prices to below $ 45 per barrel. Forecast BRENT oil Prices June 13, 2016 — June 17, 2016 The signal in favor of the fall here is the resistance of the field test of the relative strength indicator, which may well provoke a fall in the near future. However, talking about the full completion of the uptrend is only after the price breaks the lower boundary of the…

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