Currency pair EUR USD continues to trade on the Forex in line with expectations and our euro forecast for tomorrow. At the moment there is a potential for correction to above 1.1340 levels. EUR/USD dollar exchange rate forecast May 23, 2016 Cancellation option can be a continuation of the fall and refresh lows. You can also assume that we have formed bullish pattern of 1:1. To complete the formation of the model you want to see a test level of 1.1120. Where can I consider buying the euro dollar pair with a little stop loss. At this moment we should…
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.
BRENT crude oil prices began to fall. At the moment, there is the potential for formation of bullish pattern 5-0. The aim of such a growth pattern in the chart is the area of oil above 50 dollars per barrel. Forecast BRENT crude oil — May 23, 2016 Cancellation option will be the mining model and the drop in prices of BRENT oil prices below $ 46 per barrel. Who is expected to continue falling in the Brent area of the lower boundary, where correction is possible. Forecast BRENT crude oil — May 23, 2016 involves the fall of quotations…
Currency pair pound dollar GBP/USD continues to trade forex in line with expectations and our forecast GBP/USD for tomorrow. GBP/USD pound to dollar forecast May 23, 2016 At the moment, there is the potential for the formation of reversal pattern head and shoulders. The aim of the pound quotations fall is the area on the level below 1.4480. Cancellation of the formation of the model head and shoulders will be a strong growth of quotations of the pair above the 1.4680 level. At this moment we should wait for the right shoulder-level test can be where you can try to…
The pair AUD USD continued to fall in the FOREX. At the moment, there is potential for growth in the beginning of the aud/usd within the mining bullish wave pattern Wolfe. AUD USD FOREX forecast — May 23, 2016 The purpose of growth is the area above the 0.7420 level. Cancellation option will be the continuation of the upward movement of a drop in prices pair below 0.7140. An additional signal in favor of the growth is the test of the trend line on the indicator of relative strength. AUD USD FOREX forecast — May 23, 2016 is expected to…
Currency pair USD CHF Forex continued to rise. However, to date the franc quotations are testing the upper limit of the downward channel. USD CHF FOREX forecast — May 23, 2016 There is a potential for the formation of the descending pattern is 1:1. The purpose of the fall and testing of such a model can be a region at a level below 0.90. Cancellation option will be a strong growth of quotations usd/chf and penetration level of the upper border of the channel. An additional signal in favor of the fall is the test of the descending trend line…
Currency pair USD JPY Forex continues to test the upper limit of the downward channel. We have noted that there is the potential to complete the formation of the descending pattern is 1:1. FOREX USD JPY forecast — May 23, 2016 That implies a drop in prices, the yen the dollar to below the local minimum. Cancellation option drop in prices USD JPY pair will rise above the level of 110.30. We are trying to sell the yen against the US dollar with a close stop. An additional signal acts as a model failure swing on the indicator of relative…
Currency pair USD CAD Canadian Dollar Forex continued growth within the mining model triangle. At the moment there is a potential for continued growth. FOREX USD CAD forecast — May 23, 2016 However, we are knocked out of the market with our purchase yesterday. It is necessary to wait for the correction and only then it is worth to try new buying the pair USD CAD. The overall objective of growth is the area above the level of 1.34. Cancellation option will drop in the Canadian dollar quotations below 1.30. FOREX USD CAD forecast — May 23, 2016 suggests an…
The currency pair New Zealand dollar NZD USD Forex continues to test lows. At the moment, we can expect continuation of falling within the mining model triangle. FOREX NZD USD forecast — May 23, 2016 Cancellation option of falling quotations nzd usd pair will rise above the level of 0.69. We continue to keep selling the pair with the tight stop. Also do not forget about practicing reversal pattern head and shoulders. FOREX NZD USD forecast — May 23, 2016 assumes a drop in prices in the region at a level below 0.66 within the mining model triangle. EUR USD…
Quotes Gold XAU USD continues to fall within our forecast XAU USD. The purpose of the fall is the lower boundary of the rising channel. Gold Price Forecast — May 23, 2016 Where is expected to attempt to upward correction. In the case of a penetration level of 1220 is expected to continue falling of quotations Gold is below the level of 1200. An additional signal in favor of the fall is the formation of a head and shoulders pattern on the indicator of relative strength, it also points to a potential drop in the price of gold. Gold Price…
Quotes of WTI crude oil continued to fall in the rebound from the upper boundary of the triangle pattern on the indicator of relative strength. WTI oil price forecast — May 23, 2016 At the moment, there is potential for further drop in oil prices to the lower boundary of the triangle. Where we can expect the start of the uptrend movement. In the case of penetration of the lower boundary of the triangle will be the target of the fall area below the level of 43 dollars per barrel. Cancellation option will drop the growth of quotations of oil…