Currency pair US Dollar to Mexican Peso USD/MXN completes trading week at 18.7013. 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 18.8400, from which one should expect an attempt to fall and develop a bearish trend for the pair with the target of lowering near the level 18.0000. USD/MXN forecast Mexican Peso on May 22 — 26, 2017 Earlier, we received a weak signal for buy…
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 US Dollar to Russian Ruble USD/RUB completes trading week at 56.72. The pair broke through the moving average with a period of 55 and began to trade below its level, which indicates a bearish trend in the US Dollar to Russian Ruble. At the moment, quotes of the pair test the average border of the Bollinger Bands indicator. The pair is expected to rise near the level 57.30, where again we should expect an attempt to continue the fall and develop the bearish trend with the first target near the level of 53.80. USD/RUB forecast Russian Ruble on…
Currency pair British Pound to Japanese Yen GBP/JPY is closing the trading week at 144.237. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the pair British Pound to Japanese Yen. A test of the area of signal lines near the level of 142,000 is expected, from which one should expect an attempt to grow and develop a bullish trend for a pair with a target of growth near the level 151.100. GBP/JPY forecast Pound Yen on May 22 — 26, 2017 Earlier, a weak signal was received for buy…
Currency pair US Dollar to Turkish Lira USD/TRY completes trading week at 3.5694. The pair continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend in the pair US Dollar to Turkish Lira USD/TRY. It is expected to test the area of signal lines near the level 3.6300, from which one should expect an attempt to fall and develop a bearish trend for the pair US Dollar to Turkish Lira USD/TRY with a target near the level 3.4600. USD/TRY forecast Turkish Lira on May 22 — 26, 2017 Earlier,…
Currency pair US Dollar to Japanese Yen USD/JPY completed the trading week at 111.24. The pair continues to trade within the framework of the formation of an reversal forex pattern “Head and Shoulders”. It is worth to expect an attempt to grow into the area above the level of 114.50, with the breakdown of which the pair will continue to rise above the level of 121. USD/JPY forecast on May 22, 2017 — May 26, 2017 In favor of the growth of the pair US Dollar to Japanese Yen USD/JPY from current levels, a tight test of the uplink of…
Quotes GOLD XAU/USD completed the trading week at 1254. GOLD continues to move as part of the formation of the reversal forex pattern “Head and Shoulders”. At the moment, you should expect to try the test area 1280 and the beginning of the fall of XAU/USD with the first target near the level 1223. XAU/USD forecast on May 22, 2017 — May 26, 2017 The breakdown of this area will indicate the acceleration of falling quotations and GOLD prices. The target of the reversal forex pattern “Head and Shoulders” at the level of 1115. The cancellation of the falling quotations…
Currency pair New Zealand Dollar to US Dollar NZD/USD closed the trading week at 0.6924. The pair continues to trade in the bearish channel. It is worth waiting for a rebound attempt from the upper boundary and the beginning of the fall with the first target near the area 0.6750. NZD/USD forecast on May 22, 2017 — May 26, 2017 In favor of the fall of the pair New Zealand Dollar to US Dollar NZD/USD will perform a test of the bearish trend line on the indicator of relative strength index (RSI). The reversal of the fall of the pair…
Currency pair US Dollar to Swiss Franc USD/CHF finished trading week at 0.9724. The pair continues to move within a strong bearish impulse. We should expect an attempt to test the lower border of the bearish channel at the level of 0.9650, where we expect the rebound and the growth of the pair US Dollar to Swiss Franc USD/CHF to the resistance area at 0.9850. USD/CHF forecast on May 22, 2017 — May 26, 2017 In favor of the rebound is the test of the support area on the indicator of relative strength index (RSI). The cancellation of the growth…
Currency pair US Dollar to Russian Ruble USD/RUB closed the trading week at 56.72 Rubles per US Dollar. The pair continues to move within the framework of the reversal forex pattern “Head and Shoulders”. It is worth waiting for an attempt to increase in the area above the level of 58 Rubles per US Dollar. USD/RUB forecast on May 22, 2017 — May 26, 2017 With the breakdown of the upper limit of the bearish channel, it is expected to accelerate the growth of the pair US Dollar to Russian Ruble USD/RUB, which could provoke the pair’s growth above the…
Currency pair US Dollar to Canadian Dollar USD/CAD has closed the trading week at 1.3507. The pair continues to move within the development of correction. At the moment, there is the potential for a test of the area of the lower border of the bullish channel and the beginning of the growth of quotations USD/CAD in the area above the level 1.37. USD/CAD forecast on May 22, 2017 — May 26, 2017 In favor of the growth of the pair US Dollar to Canadian Dollar USD/CAD is the test of the upward trend line on the indicator of relative strength…