Quotes of the dollar yen currency pair USD/JPY continues to trade near the level of the local minimum. Currently we should expect continuation of falling USD JPY in the framework of the descending pattern 1:1 with a potential target of the fall to below 103. USD JPY FOREX forecast — June 22, 2016 Cancellation option of falling of quotations of the dollar against the yen will be strong growth above the level of 105, which can provoke a continuation of growth in the area above the level 106. An additional signal in favor of the fall 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.
The currency pair Canadian dollar against the US dollar USD/CAD continues to trade within the framework of the formation of inverted head and shoulders pattern. USD CAD forex forecast — June 22, 2016 We should expect the fall of Canadian quotations attempt to level 1.2750, where one can try to buy the USD CAD and costs to expect the beginning of growth in the area above the level of 1.34. Cancellation option of forming an inverted head and shoulders pattern will fall in the Canadian dollar quotations below the level of 1.26, which will continue to fall below the level…
Quotes BRENT crude oil traded entirely within expectations and our forecast of oil prices. At the moment, there is the potential to continue fall BRENT prices. Forecast BRENT oil price — June 22, 2016 As you can see, the values of the relative strength indicator test downward trend line that can cause a drop since the current levels. Quotes have not reached the upper border of the channel, and now we cannot talk about the completion of the 5-0 model. Alternatively, we should expect the test the upper boundary of the channel, and only after that the quotes to continue…
Currency pair Australian dollar against the US dollar AUD USD continued its upward movement, contrary to expectations. At the moment, there is the potential for the formation of a forex model broadening formation. AUD USD dollar exchange rate forecast — June 22, 2016 The purpose of the fall of quotations AUD USD is the area on the level below 0.72. Cancellation option quotations falling AUD/USD will be strong growth of the pair above the level of 0.75550, which will lead to the abolition of the model and trigger the growth of the Australian dollar prices. We are trying to sell…
Currency pair pound dollar GBP USD shows strong growth in the referendum BREXIT expectations. At the moment, the pair quotes have reached the level of resistance, and we can expect the beginning of falling in the area at the level of 1.44. GBP USD Forecast Pound — June 22, 2016 Most forex brokers have closed trade in pairs with a pound or else shoulder the size changed to the downside, making it difficult to trade the pound with such conditions. It is necessary to wait for the completion of the decision on the referendum BREXIT June 23, and after that…
Currency pair EUR USD was unable to form an inverted model and showed strong growth. At the moment, there is the potential for formation of bullish wave pattern Wolfe. FOREX EUR USD forecast — June 22, 2016 To do this, see the pair falling of quotations in the region at the level of 1.1030, where you can try to buy the euro, the dollar with a close stop. The purpose of growth is the region stands at a level above 1.15. Therefore, at this moment we should expect the wedge and try to continue falling test the upper boundary of…
Technical analysis and forecast FOREX EUR/JPY — June 22, 2016 Currency pair EUR/JPY, trading in the growth of structure to the level of 120.12. Next, consider the possibility of reducing the level of 116.50. Thus, the market will form part of the consolidation range. With the breakdown down, opens the potential for the continuation of the trend down to the level of 110. breakdown up, consider the possibility of correction to the level of 122.30, in the review Daily FOREX Analysis and NEWS — June 22, 2016. Technical analysis and forecast FOREX GBP/JPY — June 22, 2016 Currency pair GBP/JPY,…
Trading Signals AUD/CAD — June 22, 2016 Currency pair Australian Dollar to Canadian Dollar AUD/CAD daily chart has formed two figures: an inverted head and shoulders of the flag. Both figures began their refinement, after the breakdown level of the neck can count on a decent growth of the pair to the resistance level of 0.9738, the review FOREX Trading Signals — June 22, 2016. Trading Signals CHF/JPY — June 22, 2016 The currency pair Swiss Franc against the Japanese Yen is in an attempt to break through the support level for the downtrend. At this stage it is impossible…
Quotes index DAX 30 continued to fall under the mining reversal forex head and shoulders pattern. The purpose of the fall and testing of a model DAX 30 is the area on the level below 9200. DAX 30 Forecast June 22, 2016 — June 24, 2016 Cancellation option will be the fall of quotations DAX strong growth above the level of 10,200, which will lead to the cancellation of mining forex reversal patterns. An additional signal in favor of the fall is the formation and reversal pattern on the indicator of relative strength. DAX 30 Forecast June 22, 2016 —…
Quotes FTSE 100 index also showed a drop in the framework of the descending pattern of 1: 1, as well as a reversal pattern head and shoulders. FTSE 100 Forecast June 22, 2016 — June 24, 2016 Currently quotes FTSE 100 returned to test the neckline is broken, which implies an attempt to rebound from the current levels and continue falling to below the level of 5500. The drop in prices Cancellation option will be the FTSE 100 index of strong growth above the level of 6400, which will lead to the cancellation of all the top-down models. FTSE 100…