Technical analysis and forex forecast EUR/JPY — June 8, 2016 Currency pair EUR/JPY, trading in the structure of the central figures of continuing care. The market performed technical test below 122.30. Do not rule out the tension and to the level of 122.60. A basic scenario, we expect the development of the next wave of reduction in the level of overlap 120, as part of our review Daily FOREX Analysis — June 8, 2016. Technical analysis and forex forecast GBP/JPY — June 8, 2016 Currency pair GBP/JPY, fulfilled the technical test for a return to the level of 156.75. Next…
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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.
Currency pair EUR USD continues to test the area of a local maximum. At the moment there is a potential for falling euro quotations within mining reversal forex head and shoulders pattern with a view to and below 1.1310. EUR/USD Forecast Euro Dollar — June 8, 2016 In the vicinity of the lower boundary of the rising channel can try to buy new eur usd with a close stop, there will be potential for upward movement by working out bovine model 1:1. We continue to hold the euro against the US dollar purchases. Cancellation option of growth could be breaking…
Currency pair pound dollar GBP USD continues to trade within the forex triangle patterns. At the moment, there is potential for higher growth in the area of 1.4600, where is expected to fall and break through the lower boundary of the triangle model. GBP/USD Forecast FOREX — June 8, 2016 Cancellation option of falling quotations pound dollar tomorrow 8 June 2016 will break through the upper boundary of the triangle model up. An additional signal in favor of the fall will test the descending trend line on the indicator of relative strength. GBP/USD Forecast FOREX — June 8, 2016 assumes…
Currency pair Australian dollar AUD USD continued its growth, thus we did not get the area to buy the pair. At the moment, there is the potential for the formation of the descending pattern with the target of the fall 5-0 at below 0.71. AUD/USD dollar exchange rate forecast — June 8, 2016 To complete the formation of such a model, you need to see the test the upper boundary of the channel, where should try to sell with a close stop. Cancellation option of continuing drop in prices AUD USD will break through the upper boundary of the descending…
Quotes BRENT crude oil continued to rise and has already set out above are trading at $ 50 per barrel. However, the value of the indicator of the relative strength continues to trade within a triangle pattern, indicating that the uncertainty in the market. Forecast BRENT oil prices — June 8, 2016 At the moment, the value of the indicator of the relative strength tight test area of the upper boundary of the model that could trigger a rebound and the development of an area in the fall below $ 48 per barrel. Cancellation option of falling oil prices break…
The currency pair Canadian dollar against the US dollar USD/CAD continued to fall and almost completed the goal of forex pivot head and shoulders pattern. USD/CAD FOREX forecast — June 8, 2016 We continue to keep selling the currency pair USD CAD, but at the moment has the potential to bounce up in the framework of the beginning of the mining model bovine 5-0 with a potential target above the level of 1.32. To complete the model you need to see a test of the lower boundary of the channel, where you can try to buy the pair with the…
Quotes of WTI crude oil also showed an increase, however, and here we see a test of the descending trend line on the indicator of relative strength. We continue to hold the sale of oil from a close stop. Price WTI crude oil forecast — June 8, 2016 Cancellation option could be a strong increase in oil prices and a break through the upper boundary of the triangle pattern that provoke WTI continued growth of quotations in the area above the level of 52 dollars per barrel. The purpose of the fall can be a region at the level of…
Quotes of the dollar yen currency pair USD/JPY showed growth, but at the moment there is a potential for the formation of the descending pattern 5-0. USD JPY Forecast Forex — June 8, 2016 However, to complete the model is expected to test the upper boundary of the descending channel at 108.50, where you can try new selling dollar yen currency pair with a stop above the level of 109.50. Cancellation option will increase in quotes and a strong break through the upper boundary of the channel. The purpose of the fall of USD JPY may be a region at…
Quotes Gold XAU USD continued to test the level of 1240. At the moment we should expect continued growth in the region at the level of 1280, to complete the formation of the right shoulder forex head and shoulders pattern. XAU USD Forex Forecast — June 8, 2016 After this test is expected to continue XAU USD quotes fall within mining reversal pattern. Cancellation option of continuing the downtrend may be updated level of 1300, in which case we should not expect falling of quotations and prices for Gold. XAU USD Forex Forecast — June 8, 2016 assumes a continuation…
Quotes of the currency pair New Zealand dollar against the US dollar NZD USD continued to rise in line with expectations. At the moment there is a potential for falling NZD/USD quotes as part of the descending pattern 5-0. A potential target of the fall is the area on the level below 0.66. NZD USD Forex Forecast — June 8, 2016 Cancellation option may be an increase in quotes above level 0.6990, which will cancel the descending pattern 5-0. An additional signal to the fall of quotations NZD USD will be the formation of the head and shoulders pattern on…