Stock index Dow Jones continue to move within the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the index is trading at 25635. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 25765. Where can we expect a rebound and the continuation of the fall of the Dow Jones stock index quotes to the area below the level of 24395. Dow Jones Index Forecast and Analysis May 28, 2019 In favor of…
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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 Euro Dollar EUR/USD completes the trading week near the 1.1191 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1265. Where is expected to rebound and the continuation of the fall of the euro dollar. The potential target of the decline is the area below the level of 1.0775. EUR/USD Forecast and Analysis May 27 — 31, 2019 In favor of the fall of the EUR/USD currency pair at…
BRENT crude oil complete the trading week near the region of 67.34 dollars per barrel. And it continues to move in decline. Quotes were able to break through the important support area. Moving averages indicate an uptrend. At the moment, we should expect an attempt to correct and test the resistance area near the level of 71.20. Then continued the fall of oil in the area below the level of 50.45 dollars per barrel. BRENT oil Forecast and Analysis May 27 — 31, 2019 An additional signal in favor of reducing the quotations of oil this week will be the…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.2712 area. The pair continues to move as part of the decline and start working out the «Head and Shoulders» model. Moving averages indicate a bearish trend. At present, we should expect an attempt to develop an upward correction and test the resistance area near the level of 1.2865. Further, the beginning of the decline in quotations of the Pound Dollar to the area below the level of 1.2065. GBP/USD Forecast and Analysis May 27 — 31, 2019 In favor of the fall of the British Pound will test…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.50 rubles for the US Dollar. The pair continues to move within the descending channel. Moving averages indicate an uptrend. In the current trading week of May 27 — 31, 2019, a decline is expected and a test of the support area near 64.05. Where can we expect a rebound and continued growth of the dollar above the level of 68.45. USD/RUB Forecast and Analysis May 27 — 31, 2019 In favor of the growth of the dollar ruble pair will be a test…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.6908 area. The pair continues to move as part of the decline and was able to consolidate under the lower boundary of the «Triangle» model. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to develop an upward correction and test the resistance area near the level of 0.6965. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6505. AUD/USD Forecast and Analysis May 27 — 31, 2019 In favor of the fall of…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3449. The pair continues to move within the growth and bullish channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3345. Then, the growth of quotations with the goal above the level of 1.3885. USD/CAD Forecast and Analysis May 27 — 31, 2019 A test of the rising support line on the relative strength index (RSI) will be in favor of the USD/CAD rise. The second signal…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 109.67. The pair continues to move within the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the 110.55 area. Then rebound and the continuation of the fall of the pair in the area below 105.85. USD/JPY Forecast and Analysis May 27 — 31, 2019 In favor of the fall of the pair Dollar/Yen will test a downward trend line on the indicator of…
GOLD completes the trading week near the area of 1281. XAU/USD quotes continue to move as part of the correction and the formation of the «Wedge» model. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue the correction and test the support level near the 1255 area. Further, the GOLD price will continue to rise with a potential target above the level of 1360. GOLD Price Forecast and Analysis May 27 — 31, 2019 In favor of the rise of quotations and prices for GOLD in the current trading week from May 27…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.65422 area. Moving averages indicate a bearish trend in the pair. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6680. Then, the currency pair will continue to fall with a potential target below the level of 0.6205. NZD/USD Forecast and Analysis May 27 — 31, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward trend line on the relative strength index (RSI) will come out. The…