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…
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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 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of strong growth. At the moment, we should expect an attempt to drop the quotations in the support area at the level of 0.77. AUD/USD forecast & technical analysis on July 18, 2017 In favor of falling quotations AUD/USD is the test of the resistance area on the indicator of relative strength. Cancellation of the fall option will be a breakdown at the level of 0.7850, which will indicate continued growth. Among the important news from Australia, which can have a strong impact on the Australian…
The currency pair British Pound to US Dollar GBP/USD keeps moving within the framework of the formation of the bearish wave model of Wolfe. It is expected to rebound from the top of the model and the beginning of the fall of quotations of the pound dollar below the level of 1.2780. GBP/USD forecast & analysis Pound Dollar on July 18, 2017 The cancellation of the GBP/USD decline option will be triggered by a breakdown at 1.3150, indicating that growth will continue. Among the important news from Britain, which can influence the pound against the dollar, there are: Consumer Price…
The currency pair Euro to US Dollar EUR/USD continues to trade near the area of 1.1460. It is worth waiting for the attempt of growth of quotations above the level of 1.1485, where again we should expect the continuation of the decline in quotations. EUR/USD forecast & analysis Euro Dollar on July 18, 2017 The target of the fall of the pair is the area at the level of 1.1430. In favor of the fall of EUR/USD, a resistance line test will be performed on the indicator of relative strength. The abolition of the euro’s decline in the euro will…