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 Gold XAU USD continues to test the area at the level of 1214. The indicator of relative strength is maintained the potential for growth within the bullish head and shoulders pattern. Forecast Gold XAU/USD price — June 2, 2016 The immediate goal of growth is the area at the level of 1230. Cancellation option of rising prices for gold June 1, 2016 could be a drop in prices XAU USD lower than 1200. With the break of the region in 1230 is expected to continue the growth of quotations of gold to the level of 1250 and above. Forecast…

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Quotes of WTI crude oil continues to closely test area of a local maximum. At the moment, there is potential for further increase in oil prices above the $ 51 per barrel within 5-0 working out bovine model. Cancellation option of rising oil prices will drop WTI quotations below $ 48 per barrel. In this case, is expected to fall below $ 45. Forecast WTI oil prices — June 2, 2016 assumes the growth of oil prices above the $ 51 level within the completion of the rising pattern 5-0. EUR USD forecast today Technical analysis GBP USD Forex analysis…

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The pair NZD USD New Zealand dollar continues to correction. Currently we should expect the price growth above the level of 0.6790, where the values of the indicator of the relative strength unopposed and will be trying new tight stop sales. FOREX Forecast NZD/USD — June 2, 2016 Cancellation option falling NZD USD will break through the 0.68 level of closing prices, leading to a rise in share price continued higher than 0.69. FOREX Forecast NZD/USD — June 2, 2016 indicates a correction to the level of 0.6790, where we can expect the beginning of falling. EUR USD forecast today…

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Currency pair Australian dollar against the US dollar AUD USD continues to grow as part of our weekly outlook AUD/USD. FOREX AUD/USD forecast — June 2, 2016 At the moment, there is the potential to see a correction to test the broken trend line on the indicator RSI, after what to expect continuation of growth of quotations aud/usd on up within 5-0 working out bovine model. Cancellation option of the Australian dollar exchange rate growth will be a drop in prices pair below 0.71. FOREX AUD/USD forecast — June 2, 2016 assumes a continuation of the upward movement after a…

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The currency pair USD CHF continues to test the descending channel’s upper limit of 1: 1 model. We look forward to the beginning of the fall of the franc quotations from current levels. FOREX Forecast USD/CHF — June 2, 2016 The purpose of the fall can be a region at a level below 0.97. Cancellation option will be a strong appreciation of the USD/CHF above 1.00 levels. An additional signal in favor of falling sales and the franc against the dollar in favor of forming a reversal pattern head and shoulders on the indicator of relative strength. FOREX Forecast USD/CHF…

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Currency pair USD JPY Forex persists in testing area at the level of 111.00. At the moment, there is still potential for a fall in the rebound from the resistance area on the chart. USD/JPY Forecast Dollar Yen — June 2, 2016 And also due to test the descending trend line on the indicator of relative strength index. Cancellation option can become a strong growth of quotations USD JPY above 111.70 levels. USD/JPY Forecast Dollar Yen — June 2, 2016 assumes fall attempt in the rebound from the resistance of the field with a potential target at levels below 108.50.…

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The currency pair Canadian dollar against the US dollar USD CAD continues to trade at the level of the right shoulder forex head and shoulders pattern. USD/CAD Forex Forecast — June 2, 2016 We continue to hold the sale of USD CAD with a close stop. Cancellation option of falling of pair of quotes in the region at a level below 1.25 will increase USD/CAD above the level of 1.31. Increase sales of new Canadian worth the price break the level of 1.29. Cancellation option will be the fall of the strong growth of the Canadian dollar quotations above the…

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Currency pair pound dollar GBP USD is still trading within the bearish Wolf wave model. The purpose of the fall and testing of such a model is the area on the level below 1.44. GBP/USD FOREX Forecast — June 2, 2016 Our position on the pound sale knocked to zero at the foot of the market. Cancellation option will increase in quotes pound strong dollar above the level of 1.48. An additional signal in favor of the fall will break through the support level below 1.46 areas. GBP/USD FOREX forecast — June 2, 2016 assumes pair falling quotations within the…

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Quotes BRENT crude oil continues to move in an uptrend. Currently we should expect to attempt to upgrade a local maximum level within 5-0 working out bovine model. Forecast BRENT OIL prices — June 2, 2016 Cancellation option on BRENT oil prices will drop in prices below the level of 49 dollars per barrel. Rising oil prices June 1, 2016 and is limited to the level of the area above 52 dollars per barrel. Forecast BRENT OIL prices — June 2, 2016 involves an attempt to increase within the framework of completion of work on the bovine model 5-0, the…

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Currency, the euro dollar EUR USD continued development of a rebound from the bottom of the bovine model 1:1. At the moment, there is the potential for the formation of an inverted head and shoulders pattern. FOREX EUR/USD Forecast — June 2, 2016 To complete the model you want to see a test level of 1.1140, where one can try to buy the euro, the dollar with a close stop. Cancellation option bovine mining model 1:1 will drop the euro dollar quotations below 1.1040. We again try to buy the pair with the tight stop. With the development of the…

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