Stock index Dow Jones is trading at 20981.1. Dow Jones broke the Cloud of Ichimoku Kinko Hyo and began to trade above its upper limit, which indicates the presence of an bullish trend for the Stock index Dow Jones. Ichimoku Kinko Hyo Cloud Upgrade Test is expected near the level of 20945.0, from which one should expect an attempt of growth and further development of the bullish trend at the stock exchange index near the level of 21130.0. Technical analysis & Dow Jones forecast on May 17, 2017 Earlier, a signal of medium strength was obtained for the sale of…
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.
Stock index FTSE 100 is trading at 7450.2. FTSE 100 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the FTSE 100. A test area for signal lines near the level of 7380.0 is expected, from which it is expected to try to grow and develop a bullish trend at the stock market near the level of 7500.0. Technical analysis & FTSE 100 forecast on May 17, 2017 Earlier, a medium strength signal was obtained for the buy of the Stock index FTSE, due to the crossing of the signal lines…
Stock index DAX 30 is trading at the level of 12794.5. DAX 30 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in the DAX 30. A test of the signal line area near the level of 12680.0 is expected, from which one should expect an attempt to grow and develop the bullish trend of the Stock Index DAX 30 for growth near the level 12920.0. Technical analysis & DAX 30 forecast on May 17, 2017 Previously, a strong signal was obtained for the buy Stock Index DAX 30, due to…
Trading Signals Japanese Yen USD/JPY on May 16, 2017 Sale at the current price of 113.45, StopLoss is set for 113.90, the target of the decline is 112.50. Trading Signals Canadian Dollar USD/CAD on May 16, 2017 Buy at the current price of 1.3609, StopLoss bet for 1.3575, the target of growth is 1.3720. Trading signals British Pound GBP/USD as of May 16, 2017 Sale at the current price of 1.2910, StopLoss is set for 1.2950, the target is to reduce 1.2850.
Gold XAU/USD is trading at the level of 1231.30. GOLD continues to trade below the moving average with a period of 55, indicating a bearish trend in GOLD. At the moment, GOLD quotes test the upper boundary of the Bollinger Bands indicator. An attempt is expected to continue the fall and further development of the downward trend of Gold with the first target near the level of 1216.00. Technical analysis & prediction XAU/USD on May 16, 2017 The conservative XAU/USD sale area is located near the upper boundary of the Bollinger Bands indicator bars at 1233.0. Canceling the option of…
Quotes WTI oil traded at the level of 49.41. Oil moves above the moving average with a period of 55, indicating a bullish trend for WTI oil. At the moment, oil quotes are testing the upper boundary of the Bollinger Bands indicator. It is expected to test the average border of the indicator near the level of 48.10, where again we should expect an attempt to continue the growth and further development of the upward trend in Oil with the first target near the level of 51.00. Technical analysis & WTI oil forecast on May 16, 2017 The conservative WTI…
Currency pair US Dollar to Japanese Yen USD/JPY is trading at 113.441. The pair is trading above the moving average with a period of 55, which indicates the existence of a bullish trend for the pair US Dollar to Japanese Yen. At the moment, the pair’s quotes are moving near the middle border of the Bollinger Bands indicator bars. The test of the lower border of the Bollinger Bands indicator near the level of 113.200 is expected, from which one should expect an attempt to continue growth and further development of the upward trend in the pair US Dollar to…
Quotes of Gold XAU/USD continue to move within the framework of the development of the upward correction. At this point, we should expect an attempt to test the broken down boundary of the descending channel and continue the growth of quotations and Gold prices in the area above the level of 1240. XAU/USD forecast Gold prices on May 16, 2017 In favor of the decline is the formation of a reversal model the failure swing on the indicator of relative strength. Cancellation of the variant of the fall of quotations XAU/USD will break through the area of 1235, which indicates…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of the formation of the inverted forex model “Head and Shoulders”. It is worth to wait for the test of the area of 56.20 Rubles per US Dollar and the beginning of growth in the area above the level of 58. USD/RUB forecast Russian Ruble on May 16, 2017 In favor of the rebound of the pair US Dollar to Russian Ruble already from the current levels is the test of the ascending support line at the indicator of relative strength index. The cancellation of the…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade in a strong fall. At the moment, we should expect an attempt to test the support area at 0.9950 and continue the growth of quotations USD/CHF in the area above the level of 1.0050. USD/CHF forecast Swiss Franc on May 16, 2017 In favor of the growth of the pari US Dollar to Swiss Franc is the upward line support test on the relative strength indicator. The cancellation of the USD/CHF growth scenario will result in a fall and breakout of the area of 0.9900, which will indicate the…