Stock index FTSE 100 completes the trading week at the level of 7523.8. FTSE 100 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the FTSE 100. A test of the signal line area near the level of 7395.0 is expected, from which an attempt is expected to grow and develop a bullish trend at the exchange index with the first target near the level of 7660.0. FTSE 100 forecast on May 29, 2017 — June 2, 2017 Earlier, a weak signal was received for the buy of the exchange index…
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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.
Stock index DAX 30 completes the trading week at the level of 12556.8. DAX 30 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an upward trend in the DAX 30. The stock index is expected to fall near the level of 12330.0, from which it is expected to try to grow and develop the bullish trend of the Stock index with the target of growth near the level of 13000.0. DAX 30 forecast on May 29, 2017 — June 2, 2017 Earlier, a strong signal was received for the buy of…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week by a fall near the area of 56.70 Rubles per US Dollar. It is worth to expect an attempt to grow the pair US Dollar to Russian Ruble next week. In favor of growth is the formation of the reversal forex pattern «Head and Shoulders», as well as a test of the broken trend line on the indicator of relative strength index (RSI). USD/RUB forecast on May 29, 2017 — June 2, 2017 Cancellation of the variant of the US Dollar to Russian Ruble USD/RUB pair growth will…
Currency pair US Dollar to Swiss Franc USD/CHF completes trading week at 0.97. The pair continues to trade below the border of the descending channel. It is worth waiting for a rebound and a test of the broken channel border. USD/CHF forecast on May 29, 2017 — June 2, 2017 In favor of the growth of the pair US Dollar to Swiss Franc USD/CHF is a tight test of the support area on the indicator of relative strength index (RSI). Near the area of 0.9780, we should expect a rebound and the continuation of the fall of the pair. Cancellation…
Currency pair New Zealand Dollar to US Dollar NZD/USD completes trading week at 0.7045. The pair is testing the resistance area. It is worth to expect an attempt to rebound and fall of quotations in the region at the level of 0.6940. NZD/USD forecast on May 29, 2017 — June 2, 2017 In favor of the drop, a down-line resistance test comes on the relative strength indicator (RSI). In the vicinity of 0.6940, we should expect a rebound and an attempt to grow the pair into the upper boundary of the downward channel at the level of 0.7250. Cancellation of…
Quotes Gold XAU/USD close the trading week in the vicinity of the area of 1263. It is worth to expect an attempt to grow the pair in the area above the level of 1280 as part of the formation of the right shoulder of the reversal forex pattern «Head and Shoulders». XAU/USD forecast on May 29, 2017 — June 2, 2017 Where can we expect the beginning of the fall of quotations XAU/USD. The closest target of the decline is the area at the level of 1223. In favor of falling quotations and prices for gold will perform a tight…
Currency pair US Dollar to Japanese Yen USD/JPY close the trading week by a decline near the area of 110.99. The pair continues to move within the framework of the formation of an reversal forex pattern «Head and Shoulders». It is worth waiting for the test of the test area 110.10 and the beginning of the growth of the pair. USD/JPY forecast on May 29, 2017 — June 2, 2017 The first target of the growth of the US Dollar to Japanese Yen is the area at the level of 1114.50, the breakdown of which will indicate the continued growth…
Currency pair US Dollar to Canadian Dollar USD/CAD closes the trading week with a decline at 1.3470. The pair continues to trade within the rising channel. It is worth waiting for an attempt to tight test the lower border of the channel and continue the growth of the pair USD/CAD with a potential target above 1.37 area. USD/CAD forecast on May 29, 2017 — June 2, 2017 In favor of the growth of the pair is the test of the support line on the indicator of relative strength index (RSI). The cancellation of the option of continued USD/CAD growth will…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the level of 0.7434. The pair continues to move within the descending channel. It is worth waiting for an attempt to grow into the upper border area, where again we should expect a rebound and continue the decline of the pair. AUD/USD forecast on May 29, 2017 — June 2, 2017 In favor of the growth of quotations AUD/USD is the breakdown of the downward trend line on the indicator of relative strength. Canceling the rebound from the upper border of the channel will be a breakdown of…
Quotes of BRENT crude oil finish the trading week with a fall near the level of $ 51.81 per barrel. Oil continues to move within the descending channel and it is worth waiting for an attempt to continue falling prices for the next trading week with a target below the region of $ 45 per barrel. BRENT oil forecast on May 29, 2017 — June 2, 2017 In favor of continuing the decline in quotations BRENT is a rebound from the descending line of the trend on the indicator of relative strength. The abolition of the continuation of the fall…