Gold Quotes XAU/USD continue to move in the framework of the forex pattern «Head and Shoulders». At the moment, quotes are clamped within the «Triangle» model. It is worth waiting for an attempt to drop and break the lower boundary of the model, which will indicate the continued decline in quotations and prices for gold. XAU/USD forecast Forex GOLD prices on May 26, 2017 In favor of the fall is the test of the downward trend line on the indicator of relative strength. The cancellation of the fall option will result in a strong growth and breakdown of the 1265…
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.
Currency pair Canadian Dollar to US Dollar USD/CAD continues to move within expectations and is currently testing the area of the lower border of the rising channel. It is necessary to expect a spike and an attempt to increase USD/CAD quotes above the 1.35 area. USD/CAD forecast Canadian Dollar on May 26, 2017 In favor of continuing the growth of quotations of the pair, a breakdown of the trend line on the indicator of relative strength will occur. The cancellation of the Canadian Dollar growth option against the US Dollar is the breakdown of the 1.3380 area, which indicates that…
Quotes of BRENT crude oil continue to move within the descending channel. At the moment, quotes are repelled from the upper border of the channel. It is worth waiting for an attempt to fall with the first goal at $ 51 per barrel. In favor of falling quotes and oil prices is the breakdown of the upward trend line on the indicator of relative strength index (RSI). Analysis and forecast crude oil prices on May 26, 2017 The cancellation of the falling quotations and oil prices will be the breakdown of the region at $ 55 per barrel, which will…
Currency pair US Dollar to Japanese Yen USD/JPY continues to move within the framework of the rising forex model «5-0». We should not exclude the attempt to fall into the region of the lower boundary of the model and continue growth with the aim above the area of 114.50. USD/JPY forecast Japanese Yen on May 26, 2017 The cancellation of the variant of the pair Yen Dollar pair growth will be the fall and the breakdown of the area of 109.50, which will indicate the continuation of the pair’s decline. Among the important news from Japan, which can influence the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the rising channel. At the moment, the values of the indicator of relative strength index (RSI) have broken through the uptrend line and were able to test it from below, which indicates a potential rebound and a fall of the pair. AUD/USD forecast Australian Dollar on May 26, 2017 It is worth waiting for an attempt to continue the decline in the area below the level of 0.7390. By canceling the option, the breakdown of the local maximum area is lamenting, in this case we should expect the…
Currency pair British Pound to US Dollar GBP/USD continues to move within the rising channel. It is worth waiting for an attempt to test the lower border near the area of 1.2950 and rebound the pair. In case of breakdown of the lower boundary of the channel, we should expect the continuation of the decline in the area below the level of 1.28. Expect to accelerate the pair’s growth pound dollar stands with the breakdown of the local maximum area. GBP/USD forecast British Pound on May 26, 2017 Important news from England is not expected, so the pair will continue…
Currency pair Euro to US Dollar EUR/USD continues to trade near the upper border of the rising channel. It is worth waiting for an attempt to fall into the area below the level of 1.1165. In favor of the fall of the Euro to US Dollar is a downward resistance test on the indicator of relative strength index (RSI). EUR/USD forecast Euro Dollar on May 26, 2017 With the breakdown of the area of 1.1165, we should expect an acceleration of the EUR/USD price fall with the target close to area 1.10. Canceling the fall of the pair will break…
Share quotes Facebook traded at the level of 147.99. At the moment, there is still potential for continuing the growth of shares in the region above the level of 155. In favor of growth is the formation of the reversal pattern «Head and Shoulders» on the indicator of relative strength index (RSI). Facebook stock price forecast on May 25, 2017 Expect to accelerate the growth of quotations Facebook is with the breakdown of the upper boundary of the descending channel and closing above the area of 149, which indicates the completion of the downward correction. The cancellation of the variant…
Google’s stock quotes are traded at the local maximum level near the area of 948. At the moment, there is a potential for development of correction in the area below the level of 915. Google stock price forecast on May 25, 2017 In favor of the decline is the downward trend test on the indicator of relative strength index (RSI) and the reversal pattern «Head and Shoulders», and the formation of the model «Expanding Formation». The cancellation of the fall of Google shares will be the breakdown of the area 951, which will indicate the continued growth of quotations. To…
Apple shares are trading at 153.71. At the moment, there is a potential for the development of a fall with a target at 148.55. In favor of the fall in quotations of shares of Apple is the test of the downward trend line on the indicator of relative strength index (RSI), an additional signal is the formation of the reversal pattern «Head and Shoulders» on the price chart. Apple forecast stock price on May 25, 2017 Near the area of 148.55 it is worth trying to buy shares and expect growth in the local maximum area. In favor of the…