Currency pair US Dollar to Canadian Dollar USD/CAD is trading at the level of 1.3485. Quotes of the pair are trading below the moving average with a period of 55, indicating a bearish trend for the pair US Dollar to Canadian Dollar USD/CAD. At the moment, quotes of the pair test the lower boundary of the bands of the Bollinger Bands indicator. It is expected to test the average border of the Bollinger Bands indicator near the level 1.3580, where again we should expect an attempt to continue falling with the first target near the level 1.3400. USD/CAD analytics &…
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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.
Currency pair Euro to US Dollar EUR/USD is trading at 1.1245. Quotations of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the Euro to US Dollar EUR/USD. At the moment, quotes of the pair test the upper boundary of the bands of the indicator Bollinger Bands. It is expected to test the average border of the Bollinger Bands indicator near the level of 1.1160, where again we should expect an attempt to continue growth and further development of the bullish trend for the EUR/USD pair with…
GOLD XAU/USD is trading at the level of 1259.90. GOLD is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating that there is an bullish trend in Gold. It is expected to test the area of signal lines near the level of 1252.0, from which one should expect an attempt of growth and development of a bullish trend for GOLD near the level 1275.00. XAU/USD prediction Gold Price on May 23, 2017 Earlier, we received a weak signal for buy of GOLD, due to the crossing of signal lines at the level of 1225.00. The cancellation of…
Quotes WTI crude oil traded at the level of $ 51.30 per barrel. Oil moves above the moving average with a period of 55, indicating a bullish trend for WTI Oil. At the moment, oil quotes are moving near the upper boundary of the Bollinger Bands indicator strip. It is expected to test the average border of the Bollinger Bands indicator near the level $ 50.00 per barrel, where again we should expect an attempt to continue growth and further development of the bullish trend in oil with the first target near the level $ 53.00 per barrel. WTI forecast…
Currency pair US Dollar to Japanese Yen USD/JPY is trading at 111.040. The pair is trading below the moving average with a period of 55, indicating a bearish trend for the pair US Dollar to Japanese Yen. At the moment, quotes of the pair test the average border of the bars of the indicator Bollinger Bands. An insignificant correction is expected near the level of 111.500, from which one should expect an attempt to continue the fall and further development of the downward trend in the US Dollar to Japanese Yen USD/JPY with the first target near the level 109.700.…
Currency pair British Pound to US Dollar GBP/USD is trading at 1.3019. Quotes of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the pair British Pound to US Dollar GBP/USD. At the moment, the pair’s quotes are moving near the middle border of the Bollinger Bands indicator. A correction to the moving average near the level of 1.2970 is expected, where again we should expect an attempt to continue growth with the first target near the level 1.3120. Bollinger Bands prediction GBP/USD on May 23, 2017…
Currency pair British Pound to New Zealand Dollar GBP/NZD is trading at 1.8615. The pair is trading below the moving average with a period of 55, indicating a bearish trend for the British Pound to New Zealand Dollar GBP/NZD pair. At the moment, quotes of the pair test the lower boundary of the bands of the Bollinger Bands indicator. Correction is expected near the level of 1.8660, where we can expect an attempt to continue the decline with the first target near the level 1.8380. Bollinger Bands forecast GBP/NZD on May 23, 2017 An additional signal in favor of the…
Currency pair Canadian Dollar to US Dollar USD/CAD continues to move within the forex pattern «Wedge». It is worth waiting for the text of the local minimum level and the beginning of growth in the area above the level of 1.36. USD/CAD forecast & technical analysis May 23, 2017 In favor of growth of quotations of the pair USD/CAD, the formation of the reversal model will act “Failure Swing” on the indicator of relative strength index (RSI). The cancellation of the pair’s growth option will result in a drop and breakdown at 1.3480 level. Expect to accelerate the growth of…
Quotes of BRENT crude oil continue to move within the framework of the bullish correction and at the moment the quotations have reached the upper limit of the bearish channel. At this time, we should expect an attempt to rebound and fall in Brent crude oil prices in the region below the level of $ 51 per barrel. BRENT OIL forecast & technical analysis May 23, 2017 In favor of the drop is the resistance area test on the indicator to relative strength index (RSI). Abolition of the falling quotations and Brent crude oil prices will be a strong growth…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continues to move within the framework of the formation of the bullish model «5-0». We should expect an attempt to test the lower boundary of the channel, from which we should expect a rebound and the beginning of the growth of quotations with a potential target near the area of 114.40. USD/JPY forecast & technical analysis May 23, 2017 In favor of the pair’s growth, the US Dollar to Japanese Yen USD/JPY will make the formation of the forex reversal pattern «Failure Swing» on the indicator of relative strength…