Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the limits of the decline. The pair could not push off the bottom of the forex pattern «Wedge» and at the moment there is a potential for testing the lower boundary of the rising channel, from which one should expect a rebound and another attempt at growth. USD CAD forecast & analysis on May 24, 2017 In favor of continuing the growth of quotations of the pair will breakdown the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the option will be…
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.
Quotes of BRENT crude oil continue to move within the bearish channel. Oil pushes against the upper boundary of the channel. It is worth waiting for an attempt to fall into the area below the level $ 51 dollars per barrel. BRENT forecast & analysis on May 24, 2017 In favor of the fall, a breakdown of the upward trend line on the indicator of relative strength will enter. The abolition of the option of lowering quotations and oil prices will be the breakdown of the region at $ 55 per barrel, which will indicate continued oil growth. BRENT forecast…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the lateral movement. At this point, we should expect an attempt to test the area 56.35 rubles per US dollar, from which we should expect a rebound and the growth of quotations in the area above the level of 57.50. USD RUB forecast & analysis on May 24, 2017 In favor of growth of the US Dollar to Russian Ruble USD/RUB will perform a tight test of the support area on the indicator of relative strength index (RSI). The cancellation of the variant of growth of quotations of…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade in a downward momentum. However, at the moment, an attempt is being made to make another correction to the resistance area at level 0.9850. USD CHF forecast & analysis on May 24, 2017 Expect the beginning of the growth of quotations of the US Dollar to Swiss Franc stands with the breakdown of the area of 0.9750, which will indicate the completion of the formation of the reversal pattern and the beginning of the pair’s growth. The abolition of the growth option will be the breakdown of the local…
Currency pair New Zealand Dollar to US Dollar NZD/USD continue to develop an upward correction. The pair was able to break the upper boundary of the bearish channel, but at the moment the quotes are testing the resistance area again. NZD USD forecast & analysis on May 24, 2017 It is worth waiting for an attempt to fall into the region of the broken channel at the level of 0.6990, where again the pair can show a rebound. Canceling the option of lowering the quotes NZD/USD will break through the area of 0.7070, indicating that the pair continues to grow.…
Currency pair US Dollar to Mexican Peso USD/MXN is trading at the level of 18.6369. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the pair US Dollar to Mexican Peso USD/MXN. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 18.7400, from which one should expect an attempt to fall and develop a bearish trend for the pair with a view to lower near the level of 18.3500. USD/MXN forecast & signals on May 24, 2017 Earlier, a medium strength signal was received…
Currency pair British Pound to US Dollar GBP/USD is trading at the level of 1.2994. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair British Pound to US Dollar GBP/USD. The pair is expected to fall near the level of 1.2955, from which it is expected to try to grow and develop the bullish trend for the pair with the purpose of growth near the level 1.3140. GBP/USD prediction & signals on May 24, 2017 Earlier, a weak signal was received for buy of the pair British…
Currency pair Australian Dollar to US Dollar AUD/USD is trading at 0.7502. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an upward trend in the pair Australian Dollar to US Dollar AUD/USD. It is expected to test the area of signal lines near the level of 0.7470, from which one should expect an attempt of growth and development of the bullish trend for the pair AUD/USD near the level of 0.7610. AUD/USD prediction & signals on May 24, 2017 Earlier, a weak signal was received for buy of the…
Currency pair US Dollar to Dollar Canadian Dollar USD/CAD is trading at 1.3476. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the pair US Dollar to Dollar Canadian Dollar USD/CAD. It is expected to test the area of signal lines near the level of 1.3540, from which one should expect an attempt to fall and develop a bearish trend for a pair of US Dollar to Dollar Canadian Dollar USD/CAD near the level of 1.3380. USD/CAD prediction & signals on May 24, 2017 Previously, a strong signal was…
Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9701. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the US Dollar to Swiss Franc USD/CHF. It is expected to test the area of signal lines near the level of 0.9730, from which one should expect an attempt to fall and develop a bearish trend for a pair of US Dollar to Swiss Franc USD/CHF near the level of 0.9610. USD/CHF prediction & signals on May 24, 2017 Earlier, a weak signal was received for the sale of…