Stock index Dow Jones is trading at 20893.6. Dow Jones continues to bargain inside the Ichimoku Kinko Hyo Cloud, indicating a flat trend on the Dow Jones. The stock index is expected to exit from the Ichimoku Kinko Hyo cloud zone near the level of 20855, then Ichimoku Kinko Hyo cloud bottom test near 20890.0 will be followed, from which it is expected to attempt a fall and further development of the bearish trend at the stock index near the level of 20690.0. Technical analysis & forecast Dow Jones on May 24, 2017 Earlier, a signal of medium strength was…
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 FTSE 100 is trading at the level of 7508.8. FTSE 100 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the FTSE 100. A test of the signal line area near the level of 7455.0 is expected, from which it is expected to try to grow and develop the bullish trend at the stock index near the level of 7630.0. Technical analysis & forecast FTSE 100 on May 24, 2017 Earlier, a medium strength signal was obtained for the buy of the Stock index FTSE 100, due to the…
Stock index DAX 30 is trading at the level of 12690.4. DAX 30 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the DAX. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 12680.0, from which it is expected to try to increase the quotations of the Stock index DAX 30 near the level of 12900.0. Technical analysis & forecast DAX 30 on May 24, 2017 Earlier, a weak signal was received for the sale of the DAX 30 exchange index, due to crossing of the signal…
Stock index NASDAQ is trading at 5698.6. NASDAQ continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the NASDAQ. The fall of quotations of the exchange’s index near the level of 5650.0 is expected, from which one should expect an attempt to grow and develop the bullish trend on the Stock index NASDAQ near the level of 5780.0. Technical analysis & forecast NASDAQ on May 24, 2017 Earlier, we received a weak signal for sales of the Stock index NASDAQ, due to the crossing of signal lines at the level of…
Stock index S&P 500 is trading at the level of 2393.7. S&P 500 broke through the Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, indicating an bullish trend in the Stock index S&P 500. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 2387.0, from which it is expected to try to grow and develop the bullish trend of the stock index near Level 2423.0. Technical analysis & forecast S&P 500 on May 24, 2017 Earlier, a medium-strength signal was obtained for the sale of the Stock index S&P 500, due…
Currency pair US Dollar to Japanese Yen USD/JPY continues to move within the framework of the formation of the bullish pattern «5-0». It is worth waiting for an attempt to test the lower border of the ascending channel, where one can consider buying a pair with a close Stop-loss. USD JPY forecast & analysis on May 24, 2017 In favor of the growth of the pair US Dollar to Japanese Yen USD/JPY, the formation of a reversal model on the relative strength indicator index (RSI) appears, indicating a breakdown of the 112.00 area by closing prices. Cancellation of the growth…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the growth framework and at the moment the pair quotes were able to break the upper boundary of the descending channel. The pair continues to test the resistance area and retains the potential for rebound and fall of the pair into the area below the level of 0.74. AUD USD forecast & analysis on May 24, 2017 In favor of the fall is also the test of the resistance area on the indicator of relative strength index (RSI). Expect the acceleration of the fall is with the breakdown…
Currency pair British Pound to US Dollar GBP/USD continues to build on the resistance area. It is worth waiting for an attempt to continue the decline in the area below the level of 1.28. In favor of falling quotations British Pound to US Dollar is the formation of a reversal pattern the «Failure Swing» on the indicator of relative strength index (RSI). GBP USD forecast & analysis on May 24, 2017 With the breakdown of the support area, we should expect the decline to continue to the level of 1.2650. The cancellation of the GBP/USD decline will result in strong…
Currency pair Euro to US Dollar EUR/USD to be traded within the forex pattern «Wedge». At the moment, the acuteness is to wait for a breakdown of the lower boundary of the model and the fall of the euro’s quotations to the area below the level of 1.11. EUR USD forecast & analysis on May 24, 2017 In favor of a possible decline in the euro is the formation of a reversal model «Failure Swing» on the indicator of relative strength index (RSI). Expect the acceleration of the fall in quotes EUR/USD stands with the breakdown of the support line…
Gold Quotes XAU/USD continue to move in the framework of the formation of the head and shoulders reversal pattern. At the moment quotations again test the area of the right shoulder. It is worth expecting an attempt to fall within the framework of the development of the reversal model «Failure Swing» on the indicator of relative strength index (RSI) with a potential target at 1250. XAU USD (GOLD) forecast & analysis on May 24, 2017 The reversal of the fall will be a strong growth and breakdown of the 1265 area, indicating that the growth will continue above the level…