Currency pair Australian Dollar to Swiss Frank AUD/CHF is trading at 0.7413. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating that there is an upward trend in the pair Australian Dollar to Swiss Franc. Ichimoku Kinko Hyo Cloud near the level of 0.7400 is expected to test the upper boundary of the Cloud, 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 0.7510. Ichimoku Kinko Hyo forecast AUD/CHF on May 16, 2017 Earlier, a weak…
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 Mexican Peso USD/MXN is trading at the level of 18.7283. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the pair US Dollar to Mexican Peso. The pair is expected to rise near the level of 18.8400, from which it is expected to try to fall and develop a bearish trend for a pair with a view to lower near the level of 18.5200. USD/MXN forecast Mexican Peso on May 16, 2017 Earlier, a weak signal was received for the sale of the pair US…
Currency pair Australian Dollar to Canadian Dollar AUD/CAD is trading at the level of 1.0128. The pair is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in the pair Australian Dollar to Canadian Dollar. Ichimoku Kinko Hyo Cloud lower boundary test is expected near the level 1.0140, from which one should expect an attempt to fall and develop a bearish trend for this pair in order to reduce the level of 0.9960. Ichimoku Kinko Hyo forecast AUD/CAD on May 16, 2017 Earlier, we received a weak signal for buy of the pair Australian…
Currency pair British Pound to Japanese Yen GBP/JPY is trading at 146.614. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the pair of British Pound to Japanese Yen. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 146.200, from which one should expect an attempt at growth and development of the bullish tendency for the pair with a target of growth near the level of 149.400. GBP/JPY forecast Pound Japanese Yen on May 16, 2017 Earlier, a weak signal was received for the sale…
Currency pair Canadian Dollar to Swiss Franc CAD/CHF is trading at 0.7318. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the pair Canadian Dollar to Swiss Franc. Ichimoku Kinko Hyo Cloud test is expected near the level of 0.7270 from which we should expect an attempt to grow and develop the bullish trend of the pair with the purpose of growth near the level of 0.7460. Ichimoku Kinko Hyo CAD/CHF forecast on May 16, 2017 Earlier, a weak signal was received for the sale of the Canadian Dollar to…
Currency pair Euro Dollar EUR/USD finished the trading week at the level of 1.0918. At the moment, the pair continues to trade near the resistance area and there is a potential for an attempt to drop the quotations of the euro dollar to the area below the level of 1.0750 in the current trading week on May 15-19, 2017. In favor of the decline, the rebound is from the upper boundary of the bearish wave model of Wolf, The area below the level of 1.0450 still stands. EUR/USD weekly forecast on May 15 — 19, 2017 Also in favor of…
Currency pair British Pound to US Dollar GBP/USD finished the trading week at 1.2869. The pound was not able to develop a continuation of growth and at the moment there is a potential for reducing the pair in the area below the level of 1.25. In favor of the fall in GBP/USD, act as a breakdown of the upward trend line on the relative strength indicator, which indicates a possible fall in the area of the nearest support on the pair. GBP/USD weekly forecast on May 15 — 19, 2017 However, we should not exclude the attempt to test a…
Quotes of BRENT oil finished the trading week at $ 50.85 per barrel. Oil was able to push off the bottom curtain of the rising channel and at the moment there is a potential for a dense test of the area above the level of $ 52 per barrel, from which one should expect an attempt to lower quotations and oil prices to the local minimum area. BRENT oil weekly forecast on May 15 — 19, 2017 In favor of the fall, a downtrend line test will appear on the relative strength indicator, as well as a test of a…
Currency pair Australian Dollar against the US Dollar AUD/USD finished the trading week at the level of 0.7389. The pair continues to trade within the framework of the Forex Triangle model, the potential for falling into the area below the border is preserved. However, we should not exclude the attempt to test the upper boundary of the downward channel near the area of 0.7430 and continue the decline in the quotations of the AUD/USD pair into the area below the level of 0.7230. AUD/USD weekly forecast on May 15 — 19, 2017 In favor of the drop in quotations, a…
Currency pair US Dollar to Canadian Dollar USD/CAD closed the trading week at 1.3717. The pair continues to test the local maximum area and at this point it is expected to try a level test above area 1.38, where the pair will encounter resistance in the form of the upper boundary of the downlink. In the vicinity of 1.38, you should expect a rebound and an attempt to drop quotations to the area of the broken Forex forex Triangle model at 1.35. USD/CAD weekly forecast on May 15 — 19, 2017 In favor of the option of developing a correction…