The currency pair Canadian Dollar to US dollar USD/CAD showed an increase in the framework of working out bovine model 5-0, as we wrote in the last forecast of the Canadian dollar on the week. USD CAD Forecast June 27, 2016 — July 1, 2016 At the moment there is a potential for continued growth. After the price breaks the upper boundary of the triangle model is expected to accelerate the current trend with the potential target at a level above 1.35. Cancellation option could be a drop in prices USD CAD model and return inside the triangle, in this…
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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.
Quotes of oil BRENT obscurities were not able to update the current trading week, the area of a local maximum. As we expected in the last forecast of oil prices, BRENT quotes after the correction start falling. Weekly Forecast BRENT oil June 27, 2016 — July 1, 2016 At the current trading week is expected to attempt to break through the level of the local minimum and to continue the development of the downward trend in oil. Cancellation of such an option could be a strong increase in quotes above the level of 55 dollars per barrel, which will lead…
Currency pair Australian dollar AUD USD is also completing the current week a serious fall. At the moment, there is the potential for the formation of reversal pattern head and shoulders. AUD USD Forecast June 27, 2016 — July 1, 2016 To complete the model you want to see the growth of quotations USD AUD in the area above the level of 0.75, where is trying new tight stop sales. Cancellation option formation and start mining model will be a strong increase in the Australian dollar quotes above level 0.7680. In this case, we should expect continued growth in the…
Currency pair pound dollar GBP USD showed a serious fall and was able to establish a 31-year low. However, we can not definitely say the continuation of falling of quotations pound against the dollar in the long term. GBP USD Forecast June 27, 2016 — July 1, 2016 At the moment, there is the potential for the formation of the descending pattern 5-0. To complete the formation of such a model, you need to see the test level 1.4270, where one can try to sell the pound against the US dollar. A potential target of the fall is the area…
Currency pair EUR USD ends the week down after the current decision of England to withdraw from the EU structure. However, this reduction was laid down by us in Euro dollar forecast for a week, and nothing unusual we have not seen in this fall. EUR USD Forecast June 27, 2016 — July 1, 2016 At the moment, there is potential for growth in the beginning of the euro, the dollar quotations within mining bullish wave pattern Wolfe with the upside above 1.1560 level. Cancellation option EUR USD continued growth of quotations could be a drop below 1.0850, which will…
Technical Analysis and Forex Forecast EUR/JPY — June 27, 2016 Currency, the euro the yen on news background continues to develop the third wave decline the trend down. The purpose of the wave at the level of 108.60. do not exclude the tension to a level of 106. Next on the line is expected to start the correction to return to the level of 122, the review Daily FOREX Analysis and NEWS — June 27, 2016. Technical Analysis and Forex Forecast GBP/JPY — June 27, 2016 Currency pair pound yen on news background has fulfilled the purpose of the local…
Currency pair USD CHF Franc dollar continues firmly to test the lower boundary of the rising channel pattern 5-0. USD CHF Forecast dollar — June 22, 2016 USD/CHF Cancellation option quotes growth will drop the pair below the 0.9520 level that will trigger continued to fall below the level of 0.9500. We continue to keep buying the dollar against the franc with a close stop. Increase the amount of purchases only after the price breaks the level of 0.97. USD CHF Forecast dollar — June 22, 2016 suggests an attempt to start growing within 5-0 working out bovine model in…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continues to trade within the framework of the formation of topping model Forex double top. NZD USD forex forecast — June 22, 2016 At the moment, the pair quotes reached a local maximum level. There are still risks falling within the beginning of mining forex reversal patterns. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength, which also involves the reduction of quotations already NZD USD from current levels. Cancellation option will be…
Quotes Gold XAU USD continues to trade within the forex reversal mining model head and shoulders. GOLD target of the fall is the area at the level below 1240. XAU USD forecast gold price — June 22, 2016 Cancellation option will be a strong increase in prices for gold above the level of 1300 in this case is expected to continue growth XAU USD quotes in the area at a level above the local maximum. Increase the amount of sales is worth the price breaks the level of 1275. XAU USD forecast gold price — June 22, 2016 suggests a…
Quotes of WTI crude oil also traded in line with expectations. To date, there has not been testing the upper limit of the downward channel, but there is a test downward trend line on the indicator of relative strength, which implies a drop of WTI oil prices since these levels. Forecast oil price WTI — June 22, 2016 Cancellation option can be strong price growth and oil prices above the $ 51 per barrel. But do not rule out a test version of the top model boundaries 5-0 and only then continue to fall to below 46 dollars per barrel.…