Author: 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 Australian dollar against the US dollar AUD USD continues to grow as part of our weekly outlook AUD/USD. FOREX AUD/USD forecast — June 2, 2016 At the moment, there is the potential to see a correction to test the broken trend line on the indicator RSI, after what to expect continuation of growth of quotations aud/usd on up within 5-0 working out bovine model. Cancellation option of the Australian dollar exchange rate growth will be a drop in prices pair below 0.71. FOREX AUD/USD forecast — June 2, 2016 assumes a continuation of the upward movement after a…

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The currency pair USD CHF continues to test the descending channel’s upper limit of 1: 1 model. We look forward to the beginning of the fall of the franc quotations from current levels. FOREX Forecast USD/CHF — June 2, 2016 The purpose of the fall can be a region at a level below 0.97. Cancellation option will be a strong appreciation of the USD/CHF above 1.00 levels. An additional signal in favor of falling sales and the franc against the dollar in favor of forming a reversal pattern head and shoulders on the indicator of relative strength. FOREX Forecast USD/CHF…

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Currency pair USD JPY Forex persists in testing area at the level of 111.00. At the moment, there is still potential for a fall in the rebound from the resistance area on the chart. USD/JPY Forecast Dollar Yen — June 2, 2016 And also due to test the descending trend line on the indicator of relative strength index. Cancellation option can become a strong growth of quotations USD JPY above 111.70 levels. USD/JPY Forecast Dollar Yen — June 2, 2016 assumes fall attempt in the rebound from the resistance of the field with a potential target at levels below 108.50.…

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The currency pair Canadian dollar against the US dollar USD CAD continues to trade at the level of the right shoulder forex head and shoulders pattern. USD/CAD Forex Forecast — June 2, 2016 We continue to hold the sale of USD CAD with a close stop. Cancellation option of falling of pair of quotes in the region at a level below 1.25 will increase USD/CAD above the level of 1.31. Increase sales of new Canadian worth the price break the level of 1.29. Cancellation option will be the fall of the strong growth of the Canadian dollar quotations above the…

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Currency pair pound dollar GBP USD is still trading within the bearish Wolf wave model. The purpose of the fall and testing of such a model is the area on the level below 1.44. GBP/USD FOREX Forecast — June 2, 2016 Our position on the pound sale knocked to zero at the foot of the market. Cancellation option will increase in quotes pound strong dollar above the level of 1.48. An additional signal in favor of the fall will break through the support level below 1.46 areas. GBP/USD FOREX forecast — June 2, 2016 assumes pair falling quotations within the…

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Quotes BRENT crude oil continues to move in an uptrend. Currently we should expect to attempt to upgrade a local maximum level within 5-0 working out bovine model. Forecast BRENT OIL prices — June 2, 2016 Cancellation option on BRENT oil prices will drop in prices below the level of 49 dollars per barrel. Rising oil prices June 1, 2016 and is limited to the level of the area above 52 dollars per barrel. Forecast BRENT OIL prices — June 2, 2016 involves an attempt to increase within the framework of completion of work on the bovine model 5-0, the…

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Currency, the euro dollar EUR USD continued development of a rebound from the bottom of the bovine model 1:1. At the moment, there is the potential for the formation of an inverted head and shoulders pattern. FOREX EUR/USD Forecast — June 2, 2016 To complete the model you want to see a test level of 1.1140, where one can try to buy the euro, the dollar with a close stop. Cancellation option bovine mining model 1:1 will drop the euro dollar quotations below 1.1040. We again try to buy the pair with the tight stop. With the development of the…

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Currency EUR USD continued to fall and was able to test the area of the ascending channel’s lower border. EUR/USD: dollar forecast for tomorrow 01.06.2016 We noted in the weekly forecast EUR/USD, which has the potential for continued growth within the mining bovine model 1:1 with a view to a potential higher than 1.17. We try to buy the pair with the tight stop. Cancellation option euros of growth in the dollar will break through the level of the lower limit and falling quotations EUR USD below 1.10. An additional signal in favor of the growth is the test of…

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Quotes BRENT crude oil trying to grow within 5-0 working out bovine model in order to increase above the local maximum level. BRENT oil price forecast 01.06.2016 Cancellation option of the upward movement of oil will drop in prices and the level of penetration of the lower boundary of the channel. In this case, we can expect the fall of quotations and BRENT oil prices to below $ 47 per barrel. We try to keep the oil sales, and are ready to increase the amount of short positions after the price breaks the level of 49.70 dollars per barrel. BRENT…

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Currency pair pound dollar GBP USD continues to fall within the mining bearish Wolfe wave model with a view to below 1.44. FOREX GBP/USD forecast — June 1, 2016 GBP/USD pair falling Cancellation option can become a strong growth above the level of 1.48. This will cancel the bearish wave Wolfe. We hold a deal to sell a dollar a pound, but new sales are not willing to try at the moment. FOREX GBP/USD forecast — June 1, 2016 suggests a drop in prices gbp usd as part of completion of work with a view to Wolfe wave below 1.44.…

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