The currency pair Euro Dollar EUR/USD continues to move within the bearish channel. At the moment, we should expect a test of the upper boundary of the descending channel near the area of 1.1925, from which we should expect an attempt to rebound and continue the fall of the Euro Dollar with a target below 1.1680. EUR/USD forecast & technical analysis May 9, 2018 In favor of falling quotations EUR/USD will test the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro Dollar price decline will result in a strong…
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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 Pound Dollar GBP/USD continues to move within the limits of the decline. At this point, we should expect a test of resistance level near the area of 1.3540, where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.3270. GBP/USD forecast & technical analysis May 9, 2018 In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). Cancellation…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the decline and formation of the «Triangle» model. At the moment, we should expect an attempt to test the resistance area near the level of 0.7520 and the continuation of falling quotations in the area below the level of 0.7390. AUD/USD forecast & technical analysis May 9, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the drop in the Australian Dollar quotations will result in…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the bullish channel. At the moment, we should expect an attempt to test the support area near the level of 108.40 and continue the growth of the pair in the area above the level of 110.55. USD/JPY forecast & technical analysis May 9, 2018 In favor of the growth of the pair USD/JPY, an uptrend line test will be performed on the relative strength indicator, as well as the formation of the bullish «Wolfe Wave» model. The cancellation of the growth variant of the Dollar/Yen…
Quotes of BRENT continue to move in line with growth. At this point, we should expect an attempt to test the resistance level near the area of 76.20 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 72.55. BRENT forecast & technical analysis May 9, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall in oil prices will be a strong growth and breakdown at 77.50 dollars per barrel, which will…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction and start of the «Triangle» model development. At this point, we should expect an attempt to test the support level near the area of 1.2890 and continue the growth of the pair in the area above the level of 1.3075. USD/CAD forecast & technical analysis May 9, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth option on Forex will be the…
Quotes of GOLD continue to move within the bearish channel of the formation of the «Triangle» model. At this point, we should expect an attempt to test the resistance level near the area of 1315. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1285. XAU/USD forecast & technical analysis May 9, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI), as well as test the upper boundary of the bearish channel. Cancellation option…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the fall and formation of the «Triangle» model. At this point, we should expect an attempt to test the resistance level near the area of 0.7020 and continue falling to the area below the level of 0.6910. NZD/USD forecast & technical analysis May 9, 2018 In favor of the fall of NZD/USD, a resistance line test will be performed on the relative strength index (RSI). The cancellation of the New Zealand Dollar quotation will result in a strong growth and a breakdown at the…
Currency pair Dollar Franc USD/CHF continues to move within the bullish channel. At the moment, we should expect an attempt to test the lower border of the channel near the 1.00 area and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0130. USD/CHF forecast & technical analysis May 9, 2018 In favor of the growth of the Dollar/Franc pair will test the trend line on the indicator of relative strength index (RSI). Canceling the growth of the pair USD/CHF on Forex will be a fall and breakout of the area 0.9980, which will…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction. At this point, we should expect an attempt to test the support area near the level of 62.50 and continue the growth of the pair in the area above the level of 66.50. USD/RUB forecast & technical analysis May 9, 2018 In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength index (RSI), as well as a test of the lower border of the bullish channel. Canceling the growth of the pair USD/RUB on…