Gold XAU/USD is trading at the level of 1267.46. Gold is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating that there is an bullish trend in Gold. Gold prices are expected to fall near the level of 1262.00, from which one should expect an attempt of growth and development of the bull trend on Gold near the level of 1278.00. XAU/USD forecast GOLD prices on June 2, 2017 Earlier, a strong signal was received for the buying of Gold, due to the crossing of the signal lines at the level of 1256.00. The cancellation of the…
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.
Brent crude oil is trading at $ 51.41 per barrel. Brent oil is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in Oil. It is expected to test the area of signal lines near the level of $ 52.20 per barrel, from which one should expect an attempt to drop and develop the bearish trend for oil near the level of $ 49.30 per barrel. Brent crude oil forecast on June 2, 2017 Earlier, a weak signal was received for the sale of Brent Oil, due to the crossing of signal lines at…
Currency pair Canadian Dollar to Swiss Franc CAD/CHF is trading at 0.7187. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Canadian Dollar/Swiss Franc. It is expected to test the area of signal lines near the level of 0.7210 from which one should expect a fall attempt and further development of the bearish trend for a pair near the level of 0.7110. Forex technical analysis CAD/CHF on June 2, 2017 Earlier, a signal of medium strength was received for the sale of the Canadian Dollar to Swiss Franc CAD/CHF,…
Currency pair British Pound to Japanese Yen GBP/JPY is trading at 142.863. The pair continues to trade below the lower boundary of the Cloud of Ichimoku Kinko Hyo, which indicates a bearish trend in the pair of Pound/Yen. Ichimoku Kinko Hyo Cloud near the level 143.500 is expected to test the lower boundary, from which one should expect an attempt to fall and further develop the bearish trend near the level of 141.000. GBP/JPY forecast Pound to Yen on June 2, 2017 Previously, a strong signal was received for the sale of the currency pair GBP/JPY, due to the crossing…
Currency pair US Dollar South African Rand USD/ZAR is trading at the level of 13.0724. The pair continues to trade within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the US Dollar/South African Rand. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 13.1400, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 12.9200. Technical analysis & forecast USD/ZAR on June 2, 2017 Earlier, a weak signal was received for buying of the US Dollar South African Rand USD/ZAR, due to crossing…
Currency pair British Pound to US Dollar GBP/USD continues to move within the bullish correction. It is worth to wait for the test of the area of 1.2900 and the beginning of the fall of the pair GBP/USD. In favor of falling quotations of the pair will come a tight test of the bearish resistance line on the indicator of relative strength index (RSI). Technical analysis GBP/USD on June 2, 2017 The cancellation of the GBP/USD decline will result in strong growth and breakdown of the area of 1.2970, which will indicate the continued growth of the pair. Among the…
Quotes of Gold XAU/USD continue to move as part of the formation of the reversal forex pattern «Head and Shoulders». At the moment, we should expect an attempt to test the area of 1270 and the beginning of the drop in quotations and prices for Gold within the forex pattern «Wedge». XAU/USD forecast Gold prices on June 2, 2017 An additional signal in favor of the fall is the breakdown of the bullish trend line on the indicator of relative strength index (RSI). The abolition of the decline in the price of Gold will be a strong growth and breakdown…
Currency pair US Dollar to Japanese Yen USD/JPY continues to move within the bullish forex pattern «5-0». At the moment, quotes are repelled from the lower border of the channel, we should expect an attempt to continue growth in the area above the level of 114.50 as part of the model’s development. Technicl analysis & USD/JPY forecast on June 2, 2017 In favor of the growth of the pair will breakdown the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the growth option for the pair US Dollar to Japanese Yen USD/JPY on Forex…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the bearish channel. It is worth waiting for an attempt to breakdown the upper boundary of the descending channel and continue the growth of quotations of the pair. In favor of growth, a breakdown of the bearish resistance line on the indicator of relative strength index (RSI). USD/CAD technical analysis on June 2, 2017 The cancellation of the growth of USD/CAD quotations will be the fall and breakdown of the area of 1.3380, which will indicate the continuation of the pair’s decline. Expect to accelerate the growth of…
Trading signals Euro Dollar EUR/USD on June 1, 2017 Buy from the level of 1.1237, StopLoss put for 1.1215, the target of growth is 1.1300. Trading signals Canadian Dollar USD/CAD on June 1, 2017 Sale at the current price of 1.3496, StopLoss is set for 1.3525, the target is to decrease 1.3380. Trading signals Australian Dollar AUD/USD on June 1, 2017 Buy at the current price of 0.7404, StopLoss is set at 0.7380, the target of growth is 0.7510.