Currency pair pound dollar really able to show growth in the last month of trading. At the moment, there is the potential for a new wave of fall. In today’s review Prediction Pound Dollar (GBP/USD) to consider the situation in June 2016 for the pair in terms of classical technical analysis. Forecast Pound Dollar (GBP/USD) — June 2016 At the moment, the value of the relative strength indicator test downward trend line, suggesting a drop in prices pair GBP/USD to below 1.44. Cancellation option can become a strong growth of quotations of the dollar the pound above the level 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.
Quotes of the currency pair New Zealand dollar NZD USD showed a drop from the downtrend line on the indicator of relative strength. NZD/USD dollar exchange rate forecast — June 2016 The pair is currently not ready to fall further down, so any correction should be seen as an opportunity for sales of the currency pair NZD/USD as a continuation of the fall and rebound from the downtrend line on the indicator of relative strength. Cancellation option can become a strong growth of quotations of the New Zealand dollar above the level of 0.71, and break through the resistance line…
Currency, the euro dollar showed a drop in May this year, as we expected in the forecast EUR / USD a month. In this review we consider the forecast Euro Dollar (EUR/USD) on June 2016 under the technical analysis chart. At the current moment there is potential for growth in EUR USD quotes in the rebound from the bottom of the bovine model 1:1. Forecast Euro Dollar EUR/USD — June 2016 Potential upside target may be a region above the level of 1.17. Cancellation option increase in the euro dollar in June 2016 will be a drop in prices pair…
Technical analysis and forex forecast EUR/JPY on June 3, 2016 Currency pair EUR JPY, returned to the lower boundary of the consolidation range. And with lows update forms a continuation of the trend down. Today we consider the possibility of mining the level of 120.44. And the main purpose of reduction of the wave at the level of 118.50. And this is only the first half-wave reduction, as part of our review of the Daily FOREX Analysis and NEWS — June 3, 2016. Technical analysis and forex forecast GBP/JPY on June 3, 2016 Currency pair GBP/JPY, broke through the growth…
Technical analysis and forex forecast GBP/USD — June 3, 2016 On the four hour chart the currency pair Pound Dollar GBP/USD closed the previous candle reversal pattern. The potential of a pair of fairly large incidence. In the near future we will be able to watch the price of the support level 1.4290, the review Free FOREX Trading Signals — June 3, 2016. Technical analysis and forex forecast USD/CAD — June 3, 2016 The pair US Dollar Canadian Dollar USD/CAD on the four hour chart forms a triangle shape. Count on the refinement of the figure up is not necessary…
Quotes Gold XAU USD continues to trade in line with expectations. At the moment, there is potential for growth within the mining bullish head and shoulders pattern. Forecast Gold XAU/USD price — June 3, 2016 The purpose of growth is the area above the level of 1230. Cancellation option will drop in prices xau/usd below the level of 1200, which could lead to the fall of quotations of gold below the level of 1180. Forecast Gold XAU/USD price — June 3, 2016 assumes the growth of quotations in GOLD mining within the inverted head and shoulders pattern on the indicator…
Quotes of WTI crude oil also struck the lower boundary of the model 5-0, which implies a drop of oil prices. The purpose of the fall can be a region at the level of below $ 46 per barrel. Forecast WTI oil price today — June 3, 2016 An additional signal in favor of the oil price fall is the break of the rising trend line on the indicator of relative strength. Forecast WTI oil price today — June 3, 2016 suggests the drop in oil prices within the penetration of the lower boundary of the triangle pattern on the…
The pair NZD USD New Zealand dollar continued growth in line with expectations. At the moment there is a potential for continued growth in the framework of completion of work on the broken wedge model. NZD USD FOREX forecast for today — June 3, 2016 However, here there is also a test downward trend line on the indicator of relative strength, which implies a drop nzd / usd quotations in the area below the level of 0.6750. Our positions were closed on the market at a profit. At the moment, we expect the development of movements in the pair, and…
Currency pair Australian dollar against the US dollar AUD USD continues to trade in line with expectations and our forecast of AUD/USD. FOREX AUD/USD forecast — June 3, 2016 At the moment, I took a test of trend line on the indicator of relative strength, which suggests continued growth aud/usd at 0.7370 areas above the level of quotations. Cancellation option will increase in the fall of the Australian dollar quotations below 0.71. FOREX AUD/USD forecast — June 3, 2016 assumes continued growth in the rebound from the trend line on the indicator RSI. EUR USD forecast today Technical analysis GBP…
The currency pair USD/CHF continues to test resistance area. At the moment, the pair quotes struck the level of the neck line, indicating the potential drop in prices USD/CHF down further in the region at a level below 0.97. Forex Forecast USD/CHF — June 3, 2016 Cancellation option depreciation usd chf become strong price growth above the level of 0.9950. An additional signal in favor of the fall is the formation of the head and shoulders pattern on the indicator of relative strength. Forex Forecast USD/CHF — June 3, 2016 falling dollar franc within the mining model head and shoulders…