Currency pair Australian Dollar to US Dollar AUD/USD finished the trading week at the level 0.7454. The pair continues to move within the bearish channel and at the moment there is a potential for falling quotations in the area below the level 0.73. In favor of the fall of the pair Australian Dollar to US Dollar AUD/USD, the downward resistance line test is on the indicator of relative strength index (RSI). AUD/USD forecast on May 22, 2017 — May 26, 2017 The cancellation of the fall of the pair’s quotes will result in a strong growth and breakdown of the…
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 finished the trading week at the level $ 53.76 per barrel. BRENT crude oil continues to move within the framework of an bullish correction. At the moment, we should expect a test of the upper boundary of the bearish channel near the level $ 54 per barrel, where again quotes may show a fall. BRENT forecast on May 22, 2017 — May 26, 2017 In favor of falling quotations and oil prices will perform a test of the resistance level on the indicator of relative strength index (RSI). The cancellation of the drop in the…
Currency pair British Pound to US Dollar GBP/USD completed the trading week at the level 1.3031. The pair continues to move within the bullish channel. At the moment, there is still potential for developing a correction on a pair GBP/USD with a potential target at level 1.2850, the breakdown of this level will indicate the continuation of the decline to the area below the level 1.2550. GBP/USD forecast on May 22, 2017 — May 26, 2017 In favor of the decline is the formation of a reversal forex pattern “Failure Swing” on the indicator of relative strength index (RSI), as…
Currency pair Euro to US Dollar EUR/USD finished the trading week at the level 1.1206. The pair continues to move within the framework of a strong bullish impulse. At the moment, there is the potential for a test of the next resistance level near the area of 1.13, from where the pair Euro to US Dollar EUR/USD can go into the bearish correction with the target near the area 1.1050. EUR/USD forecast on May 22, 2017 — May 26, 2017 However, we should not exclude the attempt to test the upper boundary of the descending channel. In favor of falling…
Stock index Dow Jones completes the trading week at 20802.3. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Stock index Dow Jones. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 20660.0, from which one should expect an attempt to grow and develop the bullish trend on the Stock index Dow Jones with the target of growth near the level 21400.0. Dow Jones weekly forecast on May 22 — 26, 2017 Earlier, a medium strength signal was obtained for the buy of the…
Stock index S&P 500 completes the trading week at the level of 2381.3. S&P 500 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Stock index S&P 500. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 2355.0, from which it is expected to try to grow and develop the bullish trend of the Stock index S&P 500 for growth near the level 2450.0. S&P 500 weekly forecast on May 22 — 26, 2017 Earlier, a medium strength signal was obtained to buy the Stock…
Stock index NASDAQ completes the trading week at 5650.3. NASDAQ continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the NASDAQ. The stock index is expected to fall near the level 5510.0, from which one should expect an attempt to grow and develop the bullish trend on the Stock index NASDAQ with the target of growth near the level 5860.0. NASDAQ weekly forecast on May 22 — 26, 2017 Earlier, a strong signal was received for the buy Stock index NASDAQ, due to the crossing of the signal lines at the…
Stock index DAX 30 completes the trading week at the level of 12642.5. DAX 30 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in the DAX 30. A test of the signal line area near the level of 12400.0 is expected, from which one can expect an attempt to grow and develop the bullish trend of the Stock index DAX 30 with the target at level 13115.0. DAX 30 weekly forecast on May 22 — 26, 2017 Earlier, a strong signal was received for the buy of…
Stock index FTSE 100 completes the trading week at 7465.7. FTSE 100 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the FTSE 100. A test of the signal line area near the level of 7390.0 is expected, from which an attempt is expected to grow and develop a bullish trend for the Stock index FTSE 100 with the first target near the level 7630.0. FTSE 100 weekly forecast on May 22 — 26, 2017 Earlier, a weak signal was received for the buy of the Stock index FTSE 100, due to…
Currency pair New Zealand Dollar to US Dollar NZD/USD completes the trading week at 0.6924. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the New Zealand Dollar. Ichimoku Kinko Hyo Cloud near the level of 0.6980 is expected to test the lower boundary of the cloud, from which one should expect an attempt to fall and develop a bearish tendency for the pair New Zealand Dollar to US dollar NZD/USD with the target near the level 0.6780. NZD/USD weekly forecast on May 22 — 26, 2017 Previously,…