Technical analysis and forecast FOREX EUR JPY on August 29, 2016 Currency pair EUR JPY, continues to trade sideways in the range of consolidation. Practically considered correctional structure. It is not excluded, and another approach to the level of 114. Then, in the queue for refinement level reduction 110.80. The purpose of the local, the review Analytics Forex currency market on August 29, 2016. Technical analysis and forecast FOREX GBP JPY on August 29, 2016 Currency pair GBP JPY, while growth in trading channel. We regard it as a correction. At present, we are considering the possibility of breakdown of…
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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.
EUR USD Forecast Euro Dollar on 29 August, 2016 Currency, the euro dollar is trading at 1.1273, as expected, euro quotations were able to test resistance area Forex reversal double top pattern. Who is considered a continuation of falling of quotations EUR/USD pair within the mining model in order to below 1.1160 area. An additional signal for the continuation of the euro decline against the dollar testing the resistance of the fast line on the indicator RSI, which also indicates a decline since the current levels. Cancellation option quotations falling to the EUR/USD will be strong growth in the euro…
Quotes Aluminum traded at 1625, currently retained potential for further drop in prices to below the level of 1530 in the framework of the descending pattern Wolfe waves. However, it is not necessary to exclude the field test at the level of 1645 for the completion of the formation of the right shoulder forex head and shoulders pattern, and then is expected to accelerate in the aluminum prices. Analysis and forecast Aluminum on August 29, 2016 — September 2, 2016 Cancellation option will be the fall of quotations strong growth and the breakdown of the area above the level of…
Quotes Platinum traded at the 1077 level in the descending pattern Wolfe waves. At the moment, there is the potential for the drop in prices to below 900. Analysis and forecast Platinum on August 29, 2016 — September 2, 2016 Cancellation option can become a strong growth and the breakdown region of the upper border of resistance that will point to the abolition of the model and the continued growth of quotations Platinum. An additional signal in favor of the fall will be the completion of formation of forex model head and shoulders, for this important test to see the…
Quotes of natural gas traded at 2.819, at the moment, this resistance area the upper limit of the downward channel. From these levels we can expect the beginning of falling in the region at a level below 2.475. Natural Gas Forecast on August 29, 2016 — September 2, 2016 However, there is the potential for the formation of an inverted head and shoulders pattern on the continued growth of quotations and prices for natural gas in the framework of working out the model, but it is also important to see the fall of quotations NGAS to below 2.50 for the…
Quotes FTSE 100 stock index trading at 6816, at the moment there is a tight test of the rising channel’s lower border, where we can expect growth of quotations in the area above the level of 6900. FTSE 100 forecast for the week August 29, 2016 — September 2, 2016 However, the stock market index quotes the FTSE 100 traded in the uplink, and the upper limit of the test can provoke attempt to rebound and fall of quotations to potential target below the level of 6500. Cancellation option will be a further decline of the index breakdown of the…
Quotes stock index DOW JONES trading at 18462. At the moment, there is potential for the beginning of quotations fall within the descending pattern Wolfe waves order to fall below the level of 17,000 Cancellation option this fall will be a strong growth DOW JONES index above the local maximum level, which will the abolition of Wolfe wave model and indicate continued growth in an exchange index. DOW JONES forecast for the week August 29, 2016 — September 2, 2016 An additional signal in favor of the quotations already fall from current levels in favor formation of double top pattern,…
Quotes stock index DAX 30 tightly testing the area the upper limit of the downward channel, indicating a continuation of falling within the mining model 1:1 with a view to a potential fall area below the 9000. DAX 30 forecast for the week August 29, 2016 — September 2, 2016 An additional signal in favor of the continuation of falling of quotations DAX 30 serves rebound relative strength indicator values by descending the trend line, there is the likelihood of the formation of topping models forex head and shoulders, which also points to the drop. The immediate goal of reducing…
Quotes SP 500 stock index closely tested the area in 2173, currently retained potential for a fall of the index of quotations to the nearest support at 2100. SP 500 forecast for the week August 29, 2016 — September 2, 2016 Cancellation option can become a strong growth and the breakdown field 2200 that indicates the continuation of the development of an upward movement of the pair. An additional signal in favor of the fall is the rebound from the downtrend line on the indicator of relative strength, indicating the potential continuation of the fall to test the support line.…
Quotes stock index NIKKEI 225 continues to be traded within the descending pattern of 1:1. As you can see, the index quotes could not go beyond the model, but have not been able to fully fulfill reversal pattern on the head and shoulders continuation of falling. NIKKEI 225 forecast for the week August 29, 2016 — September 2, 2016 To date, the potential is retained for the fall of quotations NIKKEI 225 to below the level of 15,400 in the rebound values of the indicator of the relative strength of the trend line. Cancellation option will be a strong growth…