Currency EUR USD continued to fall and was able to test the area of the ascending channel’s lower border. EUR/USD: dollar forecast for tomorrow 01.06.2016 We noted in the weekly forecast EUR/USD, which has the potential for continued growth within the mining bovine model 1:1 with a view to a potential higher than 1.17. We try to buy the pair with the tight stop. Cancellation option euros of growth in the dollar will break through the level of the lower limit and falling quotations EUR USD below 1.10. An additional signal in favor of the growth is the test of…
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.
Quotes BRENT crude oil trying to grow within 5-0 working out bovine model in order to increase above the local maximum level. BRENT oil price forecast 01.06.2016 Cancellation option of the upward movement of oil will drop in prices and the level of penetration of the lower boundary of the channel. In this case, we can expect the fall of quotations and BRENT oil prices to below $ 47 per barrel. We try to keep the oil sales, and are ready to increase the amount of short positions after the price breaks the level of 49.70 dollars per barrel. BRENT…
Currency pair pound dollar GBP USD continues to fall within the mining bearish Wolfe wave model with a view to below 1.44. FOREX GBP/USD forecast — June 1, 2016 GBP/USD pair falling Cancellation option can become a strong growth above the level of 1.48. This will cancel the bearish wave Wolfe. We hold a deal to sell a dollar a pound, but new sales are not willing to try at the moment. FOREX GBP/USD forecast — June 1, 2016 suggests a drop in prices gbp usd as part of completion of work with a view to Wolfe wave below 1.44.…
The currency pair Canadian dollar against the US dollar USD CAD continues to trade in line with expectations and our USD/CAD forecast for each day. USD/CAD forecast for today — June 1, 2016 At the moment, there is the potential for the development of the fall on the pair as part of the beginning of the descending pattern head and shoulders. We try to sell the pair USD CAD with a close stop. Increase the amount of sales we are ready breaks the level of 1.2920. Cancellation option of falling Canadian dollar will be a strong growth of quotations above…
Currency pair USD JPY Forex Triangle has broken through the model up and was able to work out this figure. However, at the moment there are still test the descending trend line on the indicator of relative strength, which implies a drop in prices USD JPY. FOREX USD/JPY forecast — June 1, 2016 There is also a potential for the formation of an inverted head and shoulders pattern, which also suggests a drop to below the 107.80 level, where we can expect the start of the upward movement. FOREX USD/JPY forecast — June 1, 2016 assumes a drop in prices…
The currency pair USD CHF continues to test resistance area at 0.9920. There remains potential for a fall in the framework of the descending pattern 1:1 with a view to a potential drop below the level of 0.93. Technical analysis USD/CHF — June 1, 2016 Cancellation option will break through the area above the level of 1.00. An additional signal in favor of the fall is the formation of topping forex head and shoulders pattern on the indicator of relative strength. Technical analysis USD/CHF — June 1, 2016 assumes a drop in prices usd chf in the rebound from the…
Currency pair Australian dollar against the US dollar AUD USD continues to test the lower boundary of the model 5-0 bullish on the daily chart the Australian. FOREX AUD/USD Forecast — June 1, 2016 At the moment there is a potential for continued growth within the mining inverted head and shoulders pattern on the hourly chart of the AUD/USD. Additional forex signal in favor of the growth is the test rising trend line on the Relative Strength Indicator. Cancellation option will drop the growth of the Australian dollar quotations below 0.71. FOREX AUD/USD Forecast — June 1, 2016 suggests the…
The pair NZD USD New Zealand dollar continues to fall in line with expectations and our forecast of NZD/USD for tomorrow. To date, the potential is retained for testing large reversal pattern head and shoulders with a view to fall below the level of 0.66. FOREX Forecast NZD/USD — June 1, 2016 Cancellation option can be a break of 0.68 closing prices. We continue to keep selling NZD/USD with a close stop. FOREX Forecast NZD/USD — June 1, 2016 assumes a drop in the region at the level of 0.66 in the framework of completion of work on the forex…
Quotes of WTI crude oil also traded within the bullish pattern 5-0. The purpose of growth may be a region at a level above $ 50 per barrel. WTI forecast oil prices — June 1, 2016 Cancellation option will be the development of an upward movement of oil and quotations fall below the level of 48 dollars per barrel, which will lead to the cancellation of such a scenario. After the test level above 50 is expected to start falling of quotations and the price of oil WTI. WTI forecast oil prices — June 1, 2016 suggests growth in the…
Quotes Gold XAU USD testing support area close to the level of 1210. It is necessary to expect the beginning of growth in mining within the inverted head and shoulders pattern on the indicator of relative strength. Forex forecast XAU/USD — June 1, 2016 Cancellation option will be the growth of a drop in prices and the prices of gold in the area below the level of 1180. The beginning of the growth from current levels could trigger a continuation of the upward movement in the area above the level of 1280. Forex forecast XAU/USD — June 1, 2016 involves…