Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to test the areas of the upper boundary of the descending channel. It is worth to expect an attempt to rebound and fall quotes of the pair in the area below the level 0.68. NZD/USD prediction New Zealand Dollar on May 19, 2017 In favor of the fall of the pair is the test of the bearish resistance line on the indicator of relative strength index (RSI). Canceling the fall of the pair New Zealand Dollar to US Dollar NZD/USD will be a strong growth and breakdown…
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 Gold XAU/USD continue to move as part of the formation of the reversal forex pattern “Head and Shoulders”. At this point, we should expect an attempt to test the area 1265 – 1270 and the beginning of the fall as part of the model’s development. XAU/USD prediction forex Gold price on May 19, 2017 An additional signal along with falling quotations of Gold XAU/USD will be the test of the upper border of the descending channel, which also indicates a decrease to the area of 1215. The abolition of the fall option will be the breakdown of the…
Currency pair Euro to US Dollar EUR/USD continues to trade within the framework of a strong bullish impulse, however, for purchases of the EUR/USD should wait for a correction. At the moment, there is a potential for a fall in the pair’s quotations to the region of the broken border of the rising channel, where again we should expect a rebound and the continued growth of the EUR/USD pair. EUR/USD Forecast Euro Dollar on May 19, 2017 In favor of the decrease, the values of the relative strength index (RSI) indicator from the resistance line also rebound. The cancellation of…
The currency pair British Pound to US Dollar GBP/USD continues to move within the ascending channel, the pair was able to break through the 1.30 area, thereby canceling the formation of the reversal forex pattern “Head and Shoulders”. At this point, we should expect an attempt to test the area of 1.2980, where again we should expect the continued growth of the pair British Pound to US Dollar. GBP/USD Forecast British Pound on May 19, 2017 In favor of the GBP/USD pair’s rebound, a test of a broken trend line will appear on the relative strength index (RSI) indicator. The…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the bearish channel. It is worth pressing down and trying to fall below the level of 0.7350. In favor of the fall of the pair AUD/USD is a rebound from the downward trend line on the indicator of relative strength index (RSI). AUD/USD prediction Australian Dollar on May 19, 2017 And also the formation of the bearish Wolfe wave. The cancellation of the falling of quotations Australian Dollar to US Dollar AUD/USD will be the breakdown of the area of 0.7480, which will indicate the continuation of the…
Currency pair Euro to US Dollar EUR/USD is trading at 1.1140. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the pair Euro to US Dollar EUR/USD. It is expected to test the area of signal lines near the level 1.1050, from which one should expect an attempt of growth and further development of the bullish trend for a pair Euro to US Dollar EUR/USD with the purpose of growth near the level 1.1250. EUR USD forecast Euro to US Dollar on May 19, 2017 Earlier, a weak signal…
Currency pair US Dollar to Russian Ruble USD/RUB is trading at the level 57.50. The pair USD/RUB broke through the Cloud of Ichimoku Kinko Hyo and began to trade above its upper limit, which indicates that there is an bullish trend in the pair US Dollar to Russian Ruble. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level 57.30, from which one should expect an attempt of growth and development of the bullish tendency on the pair with the purpose of growth near the level of 58.45. USD RUB forecast US Dollar to Ruble on May…
Brent crude oil is trading at $ 52.26 a barrel. Brent oil is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in Brent crude oil. Ichimoku Kinko Hyo Cloud is expected to be tested near the level of $ 51.00, from which one should expect an attempt to grow and develop the bullish trend for Brent crude oil near the level of $ 53.80. Brent crude oil price forecast on May 19, 2017 Earlier, we received a weak signal for buy of Brent oil, due to the crossing of the signal lines…
Currency pair US Dollar to Japanese Yen USD/JPY is trading at 110.891. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the pair US Dollar to Japanese Yen. A test of the area of signal lines near the level 112,000 is expected, from which it is expected to attempt a fall and further development of a bearish trend for a pair US Dollar to Japanese Yen with a target to lower near the level 109.700. USD JPY forecast US Dollar to Yen on May 19, 2017 Earlier, a weak signal…
Gold XAU/USD is trading at the level of 1257.58. 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 1246.0, from which one should expect an attempt of growth and development of a bullish trend for Gold near the level 1271.00. Analysis and GOLD price forecast on May 19, 2017 Earlier, we received a weak signal for buy a GOLD, due to the crossing of the signal lines at the level of 1225.00. Canceling…