Quotes Gold XAUUSD finish the trading week with small head losses. The aim of the price of gold falling on the current trading week 05.16.2016 — 05.20.2016 the area of the ascending channel’s lower border. Forecast XAU/USD for the week 16 — 20 May, 2016 Cancellation option fall XAU/USD will increase in quotes above the upper boundary of the channel. Also do not forget about the formation of reversal pattern failure swing on the relative strength indicator on the weekly chart, the price of GOLD. Thus, Forecast XAU/USD for the week 16 — 20 May, 2016 suggests quotations falling attempt…
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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.
Quotes of WTI oil were also able to update the local maximum region, but full growth here did not happen. At the moment there is a potential WTI quotations fall within the mining model forex failure swing on the indicator of the relative force to drop below the level of $ 44 US. Also do not forget about the descending pattern Wolfe waves for the purpose of WTI to fall below $ 35 per barrel. Forecast for oil prices in the week of 16 — 20 May 2016 Cancellation of the same variant of falling oil prices on the current…
The currency pair New Zealand Dollar NZDUSD completes the current week falling within the mining reversal forex head and shoulders pattern. The currency pair New Zealand Dollar now looks very bearish the pair in the forex market, due to the downward trend line test on the weekly chart, this we wrote in the forecast of NZD/USD on May 2016. Forecast NZD/USD for the week 05.16.2016 — 05.20.2016 So if you were able to open the sale of a right shoulder reversal patterns forex head and shoulders to keep their costs because capacity NZDUSD fall of quotations suggests test lows area…
Currency pair Australian dollar against the US dollar AUDUSD completes the current week sideways. To date, the potential is maintained for a rebound under the bovine model 5-0. Also there is a test the support line on the indicator of relative strength, which also involves an attempt to increase. AUD/USD forecast for the week 05.16.2016 — 05.20.2016 Cancellation option will break through the lower boundary of the rising channel that will trigger on the pair continued downward movement of AUDUSD on the current trading week 5.16.2016 — 05.20.2016 to a local minimum. Do not forget that the pair aud/usd traded…
Dollar currency pair franc USDCHF is completing the current week as part of a dense level of resistance test. At the beginning of the current trading week, we expect a correction attempt to pair usd/chf down further in an attempt to complete the formation of inverted head and shoulders pattern which should trigger the growth of quotations on up. FOREX Forecast USD/CHF on 05.16.2016 — 05.20.2016 In the case of a deeper correction USDCHF quotations in the region at the level of 0.9450, will also assume the continuation of the formation of topping FX models. Also do not forget about…
Currency pair yen dollar USDJPY this week showed an upward correction, but the continuation of falling of quotations of the dollar, the yen, we have not seen. At the moment, there is potential for development fall within the framework of the completion of the descending pattern is 1: 1, as well as due to the downward trend line test on the indicator of relative strength. As you can see, to test the upper boundary of the channel you want to see the continued growth of quotations USDJPY to 110, then it is possible to expect the beginning of falling. USD/JPY…
The currency pair Canadian dollar against the US dollar USD CAD completes the current trading week correction. At the moment, there is a high potential for the beginning of USD/CAD quotes growth within the mining model of an inverted head and shoulders above the level for the purpose of 1.31. Forex USD CAD forecast for the week 16 — 20 May, 2016 Cancellation option increase in the Canadian dollar quotations will be a continuation of the fall to below 1.25. Also, do not forget the goal of bovine model Wolfe waves with smaller time intervals. Thus, Forex USD CAD forecast…
The currency pair Pound Dollar GBPUSD on the current trading week, showing a correction, as we expected last week forecast the pound. At the moment, there is potential for a rebound up under the test of the rising support line on the indicator of relative strength that already involves an attempt GBPUSD growth. In the last forecast, we also noted the option to test the breached neckline of an inverted head and shoulders pattern and the start of her working out, this model is still in force and in the case of a deep fall of the pound, the potential…
Quotes of oil Brent on the current trading week, try to update the field max, however, full upward movement did not happen. On the daily chart the price of oil Brent, quotes continued movement within the ascending channel that tells us about the continuation of the bullish trend for Oil. It also formed a reversal pattern on the display relative strength, which suggests an attempt BRENT quotes fall into the region at a level below 43 dollars per barrel. BRENT oil price FORECAST on 16 — 20 May, 2016 On the next trading week 05.16.2016 — 05.20.2016, also have the…
EURUSD currency pair euro dollar in the current trading week showed no significant movements in the FOREX and completes it near the level of 1.1350. At the beginning of the new trading week 05.16.2016 — 05.20.2016 is expected to attempt to euro quotations falling dollar in the region at the level of 1.1250, where there is a potential for the development of correction and reversal pattern forming head and shoulders. To do this test to see further into the region above the 1.1420 level, where you can try new Euro sales with the targets below 1.07. Forecast EUR/USD for the…