Currency pair British Pound to US Dollar GBP/USD is trading at 1.3073. The pair broke through the Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, indicating an upward trend in the Pound Dollar pair. The GBP/USD pair is expected to fall to the level of 1.3010, from which it is expected to try to grow and develop the bullish trend for the pair GBP/USD with the target of growth near the level of 1.3190. GBP/USD forecast British Pound on July 18, 2017 Earlier, a medium strength signal was received for being of the Pound/Dollar pair, due…
Author: forex24pro
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.
Stock index Dow Jones is trading at the level of 21643.3. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Dow Jones. The fall of quotations of the stock index to the level of 21490.0 is expected, from which one should expect an attempt of growth and further development of the bullish trend on the stock exchange index with the target of growth near the level of 21840.0. Dow Jones forecast & analysis on July 18, 2017 Previously, a strong signal was obtained for the purchases of the Dow…
Stock index FTSE 100 is trading at the level of 7419.5. The FTSE 100 is trading within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend over the FTSE 100. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 7430.0 level, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 7365.0. Index FTSE 100 forecast & analysis on July 18, 2017 Earlier, we received a weak signal for the buying of the exchange index FTSE 100, due to the crossing of signal lines at the…
Stock index DAX 30 is trading at the level of 12610.4. DAX 30 is trading within the Ichimoku Kinko Hyo Cloud, indicating a flat trend along the DAX 30. The Ichimoku Kinko Hyo Cloud Upper Test is expected near the level of 12635.0, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 12480.0. Stock index DAX 30 forecast & analysis on July 18, 2017 Earlier, a weak signal was obtained for the buying of the exchange index DAX 30, due to the crossing of signal lines at the level…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade in a downward channel. It is necessary to wait for the test of the upper limit and continue the decline of the pair below the level of 0.95. In favor of falling quotations of the Dollar/Franc pair is the rebound of the values of the relative strength indicator from the resistance line. USD/CHF forecast & technical analysis on July 18, 2017 The cancellation of the USD/CHF decline option will trigger a breakdown at the level of 0.9710, which will indicate the continued growth of the pair. Important news from…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the rising channel. An attempt is expected to test the upper border of the channel at the level of 0.7360, where again we should expect an attempt to drop the quotations below the level of 0.7270. NZD/USD forecast & technical analysis on July 18, 2017 In favor of falling NZD/USD quotes, a dense trend-descending line test will be performed on the indicator of relative strength index (RSI). The cancellation of the variant of falling quotations will be a strong growth and breakdown at the…
Quotes Gold XAU/USD continue to move within the framework of the upward correction. At the moment, there is the potential for a tight test of the pierced neckline line of the «Head and Shoulders» reversal pattern. Whence again we should expect a rebound and a drop in quotations of GOLD below the level of 1195. XAU/USD forecast & technical analysis GOLD on July 18, 2017 In favor of the reduction, a dense test of the resistance line will appear on the indicator of relative strength. Cancellation of the fall option will be a strong growth and breakdown of the level…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the limits of the decline. At the moment, we should expect a correction attempt in the area of 1.27, where again we should expect the pair to continue falling into the area below the level of 1.2550. USD/CAD forecast & technical analysis on July 18, 2017 In favor of falling quotes of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength. The abolition of the reduction option will be strong growth and breakdown at the level of 1.2770, which will…
Quotes of BRENT crude oil continue to move within the framework of the formation of the bearish wave model of Wolfe. It is worth waiting for an attempt to drop quotes below the level of $ 48 per barrel. In favor of the fall is the formation of the «Head and Shoulders» reversal model on the indicator of relative strength. Technical analysis & forecast crude oil on July 18, 2017 From level 48, we should expect a rebound and an increase in quotations of oil above the level of $ 50 per barrel. The abolition of the growth option will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the downward channel. It is worth waiting for an attempt to test the upper border of the channel, where again we should expect the pair of Dollar/Yen to fall to the area of 111.80. USD/JPY forecast & technical analysis on July 18, 2017 In favor of falling USD/JPY quotations there will be a tight test of the trend line on the indicator of relative strength index (RSI), as well as a test of the resistance area. Canceling the option will be a breakdown at level…