Stock index DAX 30 continue to move in the ascending channel. At the time of the publication of the forecast, the exchange index rate is 12176. Moving averages indicate the presence of a bullish trend. As part of the DAX 30 stock exchange rate forecast, we should expect an attempt to reduce and test the support level near the area of 11985. Where should we expect a rebound and continued growth of the DAX 30 quotes to the area above the level of 12780. DAX 30 Index Forecast and Analysis May 17, 2019 In favor of the rise of quotations…
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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.
FTSE 100 stock index continue to move in the framework of growth and the ascending channel. At the time of the publication of the forecast, the index is trading at 7298. Moving averages indicate a bullish trend. At the moment, we should expect an attempt of correction and a test of the support level near the area of 7225. Where should we expect a rebound and continued growth of the FTSE 100 quotes to the area above the 7455 level. FTSE 100 Forecast and Analysis May 17, 2019 A test of the resistance line on the relative strength index (RSI)…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the correction. Moving averages indicate the presence of a medium-term upward trend for the pair. At the time of publication of the forecast, the euro/dollar rate is 1.1182. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1235 area. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. The potential target of such a movement is the area below the level of 1.1075. EUR/USD Forecast Euro Dollar May 16, 2019 A test of the resistance line…
Currency pair Pound/Dollar GBP/USD continues to move in the framework of the fall and the downward channel. At the time of the publication of the forecast, the pound to dollar rate is 1.2855. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2925. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The target of the downward movement of the currency pair, in the framework of the Forex forecast for May 16, 2019,…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the fall and the downward channel. Moving averages indicate a short-term downward trend. At the time of the publication of the forecast, the Australian Dollar rate to the US Dollar is 0.6920. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6940. Further, a rebound from the resistance level and the continuation of the fall in quotations to the area below 0.6765. AUD/USD Forecast Australian Dollar May 16, 2019 In favor of the fall of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall. At the time of the publication of the forecast, the exchange rate of the US dollar to the Japanese Yen is 109.30. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate, we should expect an attempt to rise and test the resistance area near the level of 110.15. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below 107.55. USD/JPY Forecast Japanese Yen…
Quotes of BRENT continue to move in the framework of the correction and the formation of the «Triangle» model. At the time of publication of the forecast, the price of BRENT oil is $ 71.00 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we can expect an attempt to grow and test the resistance level near the area of 71.45 dollars per barrel. Further, the continuation of the fall of the oil in the area below 66.65. BRENT Crude Oil Forecast and analysis May 16, 2019 In favor of the fall in quotations and…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3479. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the 1.3430 area. Further, the rebound and the continuation of the growth of the currency pair on Forex. The potential target of such a…
GOLD continue to move within the growth and the rising channel. At the time of the publication of the forecast, the price of Gold is 1297 Dollars per Troy Oz. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 1290. Where should we expect a rebound and continued growth in the price of GOLD with a target above the level of 1340. XAU/USD Forecast and GOLD analysis May 16, 2019 In favor of the growth of XAU/USD quotes, a test…
Silver continue to move as part of the decline and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of Silver is 14.76 Dollars. At the moment, we should expect an attempt to grow the asset and test the resistance level near the area of 14.80. Where can we expect a rebound and the continuation of the fall in the price of Silver with the goal below 14.25. XAG/USD Forecast Silver and Analysis May 16, 2019 In favor of raising the XAG/USD quotes, a test of the downward trend line on the…