XAU USD gold price tightly test area at the level of 1350. As part of the technical analysis of the weekly chart of gold prices, there is potential for continued growth XAU USD quotations within mining punched bandwidth. An additional signal in favor of rising prices for gold is the formation of an inverted forex head and shoulders pattern on the indicator of relative strength. XAU USD forecast price of gold in September 2016 The purpose of growth is the area of above 1450, the cancellation option rise price of gold in September 2016 will drop XAU USD quotes in…
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 EUR USD closed the week at 1.1193. In general quotations couple spent last week in line with expectations. At the beginning of the next trading week has the potential to continue the quotation EUR USD fall to below the level of 1.10, followed by the fall of the euro against the US dollar to the lower boundary of the triangle model. EUR USD Forecast for the week 29 August, 2016 — 2 September, 2016 An additional signal for the continuation of the fall will be the completion of the formation of topping forex head and shoulders pattern on…
Currency pair pound dollar GBP USD finished the current trading week at 1.3128. To date, the potential is retained for further quotes GBP USD falling within the descending pattern of 1:1. The purpose of the fall and testing of such a model is the area below the level of 1.28. GBP USD Forecast for the week 29 August, 2016 — 2 September, 2016 Cancellation option of the drop in prices will be the British Pound, with strong growth and the breakdown of the area 1.33. We continue to keep selling the pair GBP USD and are ready to increase the…
Currency pair Australian dollar AUD USD closed the week at 0.7559. To date, the potential is retained for further drop in prices USD AUD to below 0.72, as part of the descending pattern forex Wolfe waves. AUD USD forecast for the week 29 August, 2016 — 2 September, 2016 Cancellation option working out such a model and the fall of the Australian dollar quotations will be strong growth above the level of 0.7750. We continue to hold the sale and are ready to increase the amount of short positions after a slight correction of the pair USD AUD. Also do…
Quotes BRENT crude oil ended the trading week at $ 49.86 a barrel. At the moment, there is the potential for the formation of reversal pattern Forex failure swing on the indicator of relative strength. Cancellation option of forming such a model and the subsequent drop in oil prices will be a breakdown of the field 51 dollar per barrel, which will point to the continued growth of quotations and oil prices higher than $ 55. Forecast BRENT oil for the week 29 August, 2016 — 2 September, 2016 The purpose of the fall and testing of model failure swing…
The currency pair Canadian dollar against the US dollar USD CAD finished the trading week at the level of 1.30. To date, the potential is retained for further growth of the Canadian dollar to the upper boundary of the rising channel. USD CAD Forex Forecast 29 August, 2016 — 2 September, 2016 Cancellation option price growth USD CAD will fall and breakdown area of the lower boundary of the channel below 1.2750 area, which point to a continuation of falling of pair of quotes in the area below the level of 1.25. USD CAD Forex Forecast 29 August, 2016 —…
Dollar Yen currency pair USD JPY closed the week at 101.84. At the moment, preserved potential for continued growth of quotations pair USD JPY to the upper boundary of the descending channel, where we can expect the fall update and the field of local minimum. USD JPY forecast for the week of 29 August, 2016 — 2 September, 2016 Cancellation option drop in prices USD JPY will be the upper limit of the breakdown and continued growth of quotations of the pair above the 104.50 level. An additional signal in favor of the continuation of falling of quotations USD JPY…
Currency pair USD CHF forex trading has finished the week at 0.9781. As you can see, the pair quotes are traded fully in line with expectations and were able to show significant growth due to mining bullish wave pattern Wolfe. we continue to keep buying the currency pair and look forward to test the upper boundary of the triangle model. Forecast FOREX USD CHF 29 August, 2016 — 2 September, 2016 However, on the next trading week has the potential to generate forex inverted head and shoulders pattern that points to the breakdown of the top border and the continued…
The currency pair New Zealand dollar NZD USD finished the trading week at 0.7229. At the moment, there is potential for further drop in prices pair NZD USD within the mining bearish Wolfe wave model. Cancellation option of falling currency pair will be stronger growth in the New Zealand dollar and the breakdown of local area high above 0.74 area, which point to continued growth of quotations NZD USD. Forex NZD USD Forecast 29 August, 2016 — 2 September, 2016 An additional signal in favor of a serious falling of pair as early as next week, trade advocates the formation…
Quotes Gold XAU USD finished trading at the level of 1320. To date, the week Gold is trading in line with expectations and our daily forecasts XAU USD. As you can see, the values of the relative strength indicator completed the formation of forex failure swing model that assumes a continuation of the fall to below the level of 1315. XAU USD Gold price forecast 29 August, 2016 — 2 September, 2016 Cancellation option can be a strong growth area in 1350 and the breakdown of that point to the continued growth of quotations XAU USD. In general, this structure…