FTSE 100 stock index continue to move in the framework of growth and the upward channel. At the time of the publication of the forecast, the index is trading at 7371. 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 7245. Where should we expect a rebound and continued growth of FTSE 100 quotes to the area above the level of 7655. FTSE 100 Forecast and Analysis April 30, 2019 A test of the resistance line on the relative strength index (RSI) will be…
Author: forex24pro
Stock index NIKKEI 225 continue to move within the ascending channel. At the time of the publication of the forecast, the exchange index rate is 22,272. Moving averages indicate the presence of an upward trend. At the moment, we should expect an attempt to fall and a test of the support level near the area of 22045. Where should we expect a rebound and continued growth of the NIKKEI 225 quotes to the area above the level of 22820. NIKKEI 225 Forecast and Analysis April 30, 2019 A test of the trend line on the relative strength index (RSI) will…
Currency pair Euro Dollar EUR/USD ends the trading week near the 1.1146 area. The pair continues to move within the fall and the bearish 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 1.1245. 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 1.0655. EUR/USD Forecast and Analysis April 29 — May 3, 2019 The test of the broken trend line on the relative strength index (RSI) will…
BRENT crude oil complete the trading week near the region of $ 72.29 per barrel. And it continues to move within a strong upward correction. Moving averages indicate a lateral trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 74.45. Then continued the fall of oil in the area below the level of 66.45 dollars per barrel. BRENT oil Forecast and Analysis April 29 — May 3, 2019 An additional signal in favor of reducing the quotations of oil this week will be the test of the resistance…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.2909 area. The pair continues to move as part of the formation of the fall and the beginning of the development of the bearish model «Wolfe Wave». Moving averages indicate a bearish trend. At this point, we should expect an attempt to develop an upward correction and test the resistance area near the level of 1.3205. Further, the beginning of the decline in quotations of the Pound Dollar to the region below the level of 1.2345. GBP/USD Forecast and Analysis April 29 — May 3, 2019 In favor of…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.61 Rubles for the US Dollar. The pair continues to move within the bearish channel. Moving averages indicate an uptrend. In the current trading week of April 29 — May 3, 2019, we can expect a continuation of the decline and a test of the support area near the level of 63.45. Where can we expect a rebound and the continuation of the growth of the dollar rate above 67.55. USD/RUB Forecast and Analysis April 29 — May 3, 2019 The growth of the…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7042. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to continue the correction and test the resistance area near the level of 0.7125. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6575. AUD/USD Forecast and Analysis April 29 — May 3, 2019 In favor of the fall of the pair on Forex…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3467. The pair continues to move within the bullish channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near 1.3335. Then, the growth of quotations with the goal above the level of 1.3865. USD/CAD Forecast and Analysis April 29 — May 3, 2019 The test of the support line on the indicator of relative strength index (RSI)will be in favor of raising the USD/CAD currency pair. The second signal will be a…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 111.63. The pair continues to move within the bearish channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to decrease and test the support level near the 110.55 area. Then rebound and continued growth of the pair to the area above the level of 114.95. USD/JPY Forecast and Analysis April 29 — May 3, 2019 In favor of the rise of a pair of Dollar/Yen will test the rising trend line on the indicator of relative strength…
GOLD completes the trading week near the area of 1282. XAU/USD quotes continue to move as part of the correction and the beginning of the development of the «Triangle» model. Moving averages indicate an uptrend. At the moment, we should expect an attempt to continue the correction and test the resistance level near the 1295 area. Further, the GOLD price will continue to fall with a potential target below the 1200 level. GOLD Price Forecast and Analysis April 29 — May 3, 2019 In favor of reducing the quotations and prices for Gold in the current trading week of April…