Quotes Gold XAU/USD showed an increase of the current trading week, in line with expectations and our daily forecast for the gold price. Forecast XAU USD for the week June 13, 2016 — June 17, 2016 At the moment, growth is expected to continue to 1280, where you can try to sell with a close stop. The purpose of the fall and mining reversal forex head and shoulders pattern is the area on the level below 1150. Cancellation option of falling prices for gold within the mining model will be head and shoulders strong growth XAU USD above the level…
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 New Zealand Dollar NZD/USD at the current trading week showed no test of the rising channel’s lower border, and went to the strong growth. Forecast NZD/USD for the week June 13, 2016 — June 17, 2016 At the moment, there is potential for the beginning of falling of quotations of the New Zealand dollar in the framework of working out a bearish wave pattern Wolfe with a potential target at levels below 0.66. Cancellation of the quotations falling NZD USD options on the next trading week will be a pair of strong growth in the area above…
The currency pair USD/CHF is trading fully in line with expectations. At the moment, we could get a good income from sales of the currency pair usd chf. Forecast FOREX USD CHF June 13, 2016 — June 17, 2016 However, in the near future we can expect the beginning of growth of pair in the rebound from the support line on the indicator of relative strength. An additional signal in favor of growth may be the formation of inverted head and shoulders pattern, which also indicates an increase since the current levels. Cancellation option will drop in prices below USD…
Currency pair USD JPY continued to fall in line with expectations and our forecast usd jpy last week. At the moment, there is the potential for the continuation of falling of quotations of the dollar, the yen to below 104 as part of the completion of the descending pattern of 1:1. USD JPY forecast for next week June 13, 2016 — June 17, 2016 Already near the level of 104 is expected to testthe support line on the indicator of relative strength, which can trigger the development of upward correction. USD JPY forecast for next week June 13, 2016 —…
The currency pair Canadian dollar against the US dollar USD/CAD showed a fall and was able to work out the reversal forex head and shoulders pattern. USD CAD forex forecast June 13, 2016 — June 17, 2016 At the moment, there is potential for growth in the beginning of the rebound from the rising support line on the indicator of relative strength. Cancellation option can be a break of 1.2650, in which case we can expect continuation of falling of quotations of the Canadian dollar down to below 1.22. An additional signal acts forming bullish patterns 5-0 with a potential…
Quotes of WTI oil has also shown strong growth and was able to break and consolidate above the descending channel. Forecast for WTI oil prices June 13, 2016 — June 17, 2016 At the current trading week, we still expect to try and fall of oil correction in the rebound from the resistance area on the indicator of relative strength. The aim can be a test of the broken channel line at $ 47 per barrel. Cancellation option will be the continuation of the growth of quotations of oil above the level of 53 dollars per barrel. Forecast for WTI…
Quotes of oil BRENT obscurities broke through the upper limit of the downward channel. It is necessary to expect continuation of growth, but we still look forward to a fall in oil prices to below $ 45 per barrel. Forecast BRENT oil Prices June 13, 2016 — June 17, 2016 The signal in favor of the fall here is the resistance of the field test of the relative strength indicator, which may well provoke a fall in the near future. However, talking about the full completion of the uptrend is only after the price breaks the lower boundary of the…
The pair AUD USD ends the current trading week as the major growth we expect in the last forecast AUD/USD for the week. Forecast AUD USD June 13, 2016 — June 17, 2016 Currently, there are risks of falling within the beginning of the descending pattern 5-0. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength. The purpose of the fall can be a region at a level below 0.71. Cancellation option will be the fall of the strong growth of quotations aud usd above 0.7580 levels.…
Currency pair pound dollar GBP USD continues to trade within the forex triangle patterns. Currently, there are risks to see breakout model down and continuation of falling of quotations of GBP/USD, the indicator value relative strength struck the uptrend line, indicating a potential depreciation of the pound the dollar below the level of 1.42. Forex Forecast GBP USD June 13, 2016 — June 17, 2016 Cancellation option can become a strong growth of the pound against the US dollar to above the level of 1.47, resulting in a penetration model forex triangle up and continue the growth of GBP/USD. Forex…
Currency pair EUR USD showed strong growth in the current trading week, and we were able to earn good money on this. At the moment, the euro dollar quotes closer to the upper boundary of the descending pattern 5-0. EUR USD Forecast June 13, 2016 — June 17, 2016 However, we can see the growth of a little higher in the region of 1.1450, but we cannot exclude the beginning of the fall already from current levels. An additional signal in favor of the falling resistance area will test the relative strength indicator, which also indicates an already falling from…