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.

Currency pair pound dollar GBP USD continued growth is expected in the daily forecast GBP/USD. At the moment, there is the potential for the drop in prices pair pound dollar to below 1.46 in the framework of the descending pattern Wolfe waves. FOREX GBP USD Forecast — May 26, 2016 The purpose of the fall can be a region at a level below 1.44. Cancellation option will drop gbp usd strong growth above the level of 1.48. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength. FOREX…

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Quotes of oil BRENT showed growth. At the moment, there is potential for further upward movement above the level of $ 51 per barrel. As you can see, there is still room for growth in the relative strength indicator. BRENT oil prices Forecast — May 26, 2016 Already at the time of the test the upper boundary should try to sell BRENT crude oil. Cancellation option will be the growth of a drop in prices and oil prices below $ 47 per barrel. BRENT oil prices Forecast — May 26, 2016 suggests an attempt to continue the upward movement for…

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Currency pair EUR USD continues to trade in line with expectations and our euro forecast for tomorrow. At the moment, there is potential for further drop to 1.1080, from where we can expect the beginning of growth and testing of bottom-up 1:1. FOREX EUR USD Forecast — May 26, 2016 Cancellation option will break through the rising channel’s lower border, which will lead to a drop in the euro against the dollar to below 1.05. An additional signal in favor of the growth is the area of support and test indicator RSI. FOREX EUR USD Forecast — May 26, 2016…

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Currency the euro dollar EUR USD is continuing to decline. As you can see, the pair failed to fulfill an inverted head and shoulders pattern on the indicator of relative strength. FOREX EUR USD forecast — May 25, 2016 At the moment, there is the potential to continue falling in the area at the level of 1.1080. Where will test the lower boundary of the rising channel 1:1 model. Such a test may trigger the development of an upward movement the pair eur usd with a potential target area above the highs. Moreover the continuation of the fall and said…

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Quotes BRENT crude oil continues to trade near the level highs. At the moment, the value of the indicator of the relative strength tight test area of support in the form of a rising trend line. BRENT oil prices forecast — May 25, 2016 This may provoke a new wave of growth BRENT quotation to above 50 dollars per barrel. Cancellation option price growth and higher oil prices will drop BRENT below $ 47 per barrel, in this case, we can expect continued decline in the region at a level below 43 dollars per barrel. BRENT oil prices forecast —…

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Currency pair pound dollar GBP USD is trading fully in line with expectations and our forecast exchange rate of the British pound tomorrow. FOREX GBP USD forecast — May 25, 2016 The pair is currently bullish worked 5-0 model. We should expect the attempt to increase in the area above the level of 1.47. Cancellation option of upward movement for the pound will drop in prices below the level of 1.4460. In this case, we can expect the fall gbp usd in the region at the level of 1.4330. FOREX GBP USD forecast — May 25, 2016 assumes continued growth…

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The currency pair Canadian dollar against the US dollar USD CAD continues to trade within a wedge pattern. In the near future we expect to try Canadian quotations falling within this mining model. USD CAD forex forecast — May 25, 2016 The purpose of the fall is the area below the level of 1.2975. Cancellation option will be a strong growth of quotations USD CAD higher level of 1.3190. An additional signal in favor of fall the formation of reversal pattern failure swing on the indicator of relative strength. USD CAD forex forecast — May 25, 2016 assumes the fall…

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Currency pair USD JPY Forex continues to test resistance area. At the moment, there is potential for development in the region fall below the level of 106. FOREX USD JPY forecast — May 25, 2016 As you can see, reversal pattern forming head and shoulders to reduce it at 106. Cancellation option can become a strong growth of quotations USD JPY above 110.80 levels. An additional signal in favor of the fall is the completion of the model failure swing in the relative strength indicator, which also involves the fall. FOREX USD JPY forecast — May 25, 2016 indicates a…

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The currency pair USD CHF continues to test the area of the upper limit of the downward channel. We look forward to the beginning of the fall of the pair of quotes in the rebound from the resistance area. Forecast USD CHF — May 25, 2016 The purpose of the fall can be a region at a level below 0.97. Cancellation option will drop the strong growth of quotations USD CHF above 1.00 levels. We are trying to sell the franc against the dollar with a close stop. An additional signal in favor of the fall is the relative strength…

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Currency pair Australian dollar against the US dollar AUD USD continues to test the area of a local minimum. FOREX AUD USD forecast today — May 25, 2016 There remains an urgent bullish wave Wolfe with the upside target at 0.7420 above. Current region serves quality area to open long positions in AUD USD with a close stop. Cancellation option increase in the Australian dollar against the US dollar quotations camp pair falling below the level of 0.7120. An additional signal to bounce acts and test support area on the indicator of relative strength. FOREX AUD USD forecast today —…

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