Quotes Gold XAU USD continued to trade in a model triangle on the current trading week. However, the potential for the fall remains, a strong signal in favor of the XAU USD quotes fall is the formation of the model failure swing in the relative strength indicator. Gold XAU USD forecast 22 August — 26 August, 2016 This signal suggests an attempt to break the fall, and the area below the level of 1315. Cancellation option will be a strong increase in the price of gold above the level of 1370, which points to a breakdown triangle and point to…
Author: forex24pro
Currency pair EUR USD closed the week at 1.1162. currently has the potential to continue falling euro quotations against the dollar in the rebound from the upper border of the descending channel. EUR USD Forecast for the week 15 August — 19 August, 2016 Cancellation option EUR USD falling of quotations will be strong growth and penetration level of 1.1250 closing prices. The goal of euro’s decline against the US dollar is the area on the level below 1.0950. However, even in the case of growth of the pair to 1.1250 for a potential fall will continue. EUR USD Forecast…
Currency pair pound dollar GBP USD finished the current trading week at 1.2915. At the moment, there is the potential to start turning the pound against the dollar in order to increase above the level of 1.32. GBP USD forex forecast for the week 15 August — 19 August, 2016 The signal in favor of the growth is the formation of reversal pattern Forex failure swing, which indicates the resistance level of shedding. Cancellation option price growth GBP USD on the next trading week will fall in value relative strength indicator below the level of 30 that cancels this model.…
Currency pair Australian dollar AUD USD completed the trading week at 0.7647. At the moment, there is the potential for the continuation of falling of quotations of Australian dollar against the US dollar within the beginning of the descending pattern Wolfe waves. FOREX Forecast AUD USD for the week 15 August — 19 August, 2016 Cancellation option quotations falling AUD USD pair will be strong growth and the breakdown level of 0.78, which points to continued growth in the region above the level of 0.80. The purpose of the fall and the mining model is the area on the level…
Quotes obscurities BRENT crude oil ended the trading week at $ 47.27 a barrel. At the moment, there is potential for further growth of quotations and oil prices to above 50 dollars. But do not rule out a broken test of the channel at the beginning of the next trading week, then you can try to buy and expect the beginning of growth in oil prices. Forecast BRENT oil for the week 15 August — 19 August, 2016 Cancellation option BRENT quotes growth will fall in prices below the level of 43 dollars per barrel, which will point to the…
The currency pair Canadian dollar against the US dollar USD CAD closed the trading week down at the level of 1.2954. At the moment, there is potential for further USD/CAD quotes fall within mining forex bearish head and shoulders pattern with a potential to reduce Canadians at a level below 1.25. USD CAD Forex Forecast 15 August — 19 August, 2016 Cancellation option USD/CAD quotes will drop pairs of strong growth and a break above the 1.31 level, which indicates the potential of the Canadian dollar continued growth in the region above the level of 1.34. USD CAD Forex Forecast…
Currency pair USD JPY ended the trading week at 101.29. At the moment, there is the potential to see a continuation of falling of pair USD/JPY in the framework of working out the model’s head and shoulders in order to reduce the level of 99.50. USD JPY forecast for the week of 15 August — 19 August, 2016 Cancellation option drop in prices USD/JPY will be strong growth and penetration level of 103.50. Increase the amount of sales only after the breakdown level of 101. An additional signal in favor of the continuation of falling USD/JPY quotes favor the formation…
The currency pair USD/CHF Forex trading week completed at 0.9744 level. At the moment, there is the potential for the formation of the bull wave Wolfe. To complete this model, it is important to see the fall of the franc quotations in the region at a level below 0.96, where we can expect the beginning of the USD/CHF quotes growth in the area above the level of 0.9850. Forecast FOREX USD CHF on 15 August — 19 August, 2016 Cancellation option mining bullish wave Wolfe will be a drop in prices pair usd chf forex below the level of 0.94,…
The currency pair New Zealand Dollar NZD/USD closed the week at 0.7194. To date, the potential is retained for the beginning of falling of pair within quotation start of the descending pattern Wolfe waves. NZD/USD quotes Cancellation option will drop the strong growth of the pair above the 0.7350 level, which points to continued growth in the region above the level of 0.75. Forex NZD USD forecast for the week 15 August — 19 August, 2016 The overall target of the pattern is the area on the level below 0.66. Forex NZD USD forecast for the week 15 August —…
Quotes Gold XAU USD finished trading at the level of 1336. To date, the week has the potential to continue fall in prices for gold and break through the support level of 1315 in the framework of working out a bearish failure swing pattern on the indicator of relative strength. Gold price forecast for the week 15 August — 19 August, 2016 Cancellation option of falling prices for gold XAU/USD on the next trading week will be a strong increase in gold and break through the resistance level above the field 1360. Gold price forecast for the week 15 August…