Quotations of the currency pair US Dollar to Japanese Yen USD/JPY completed the trading week at 113.38. The pair continues to move within the ascending channel. At the moment, there is the potential to reduce the Yen Dollar pair to below the level of 111.20 as part of the formation of the upside-down Forex Head and Shoulder model, from which one should expect the pair to continue growing above 117.50. USD/JPY weekly forecast on May 15 — 19, 2017 In favor of the growth of the pair from level 111.20, a dense test of the broken trend line will appear…
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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 completed the trading week at 1227. At this time, we should expect an attempt to correct the quotations and prices for Gold in the region of the broken border of the rising channel at the level of 1235, where again we should expect the continuation of the decline of Gold. XAU/USD weekly forecast on May 15 — 19, 2017 The target of the fall may be the area at the support level below 1195. In favor of the fall of XAU/USD, a test of the broken trend line will appear on the indicator of relative strength.…
Quotes of the currency pair New Zealand Dollar to US Dollar NZD/USD closed the trading week at 0.6851. The pair continues to move within the descending channel. At the moment, the potential for falling quotations in the area below the level of 0.67 will remain. Where the pair meets the lower boundary test of the downstream channel, with the breakdown of this region it is expected to accelerate the fall of the quotations NZD/USD. NZD/USD weekly forecast on May 15 — 19, 2017 However, we should not exclude the attempt to grow the pair and the test of the broken…
Currency pair US Dollar to Swiss Franc USD/CHF finished the trading week at 1.0021. The pair could not continue to grow after the breakdown of the Neck line reversal forex models head and shoulders. It is worth waiting for the test of the support area test at 0.9950 and continuing growth in the area above the level of 1.0250. USD/CHF weekly forecast on May 15 — 19, 2017 Expect the resumption of the growth of the quotations of the pair Dollar Franc is worth a breakdown of the level of 1.0060. The cancellation of the growth variant of the pair…
Currency pair US Dollar to Russian Ruble USD/RUB closed the trading week at the level of 57.08 rubles per US dollar. The pair continues to bargain within the forex model inverted Head and shoulders. The purpose of working out such a model may be an area above the level of 63 rubles per US dollar. At the moment, you should expect an attempt to text the area 56.80 rubles per dollar, where the completion of the formation of the right shoulder of the model is expected. USD/RUB weekly forecast on May 15 — 19, 2017 In favor of growth from…
Natural Gas (NG) completes the trading week at 3.46. Natural Gas continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in Natural Gas. It is expected to test the area of signal lines near the level of 3.30, from which one should expect an attempt to grow and develop a bullish trend along Natural Gas with a view to growth near the level of 3.70. Natural Gas (NG) Price Forecast on May 15 — 19, 2017 Previously, a strong signal was received for natural gas purchases, due to the intersection of the…
Currency pair Euro Dollar EUR/USD completes trading week by growth and rebound from fast moving average. The currency pair continues to move within the upward trend. On the current trading week, on May 15 — 19, 2017, one should expect an attempt of the support area test at the level of 1.0850 and the continuation of growth in the resistance area at the level of 1.10. Technical analysis EUR/USD on May 15 — 19, 2017 With the breakdown of the pair resistance region EUR/USD will again meet the test of the upper border of the channel near the level of…
Currency Pair US Dollar to Canadian Dollar USD/CAD is closing the trading week at 1.3719. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an upward trend in the pair US Dollar Canadian dollar. The pair is expected to fall near the level of 1.3570, from which it is expected to try to grow and develop the bullish tendency for the pair with the purpose of growth near the level of 1.3880. FOREX forecast USD/CAD for the week on May 15 — 19, 2017 Previously, a strong signal was…
Currency pair New Zealand dollar to US dollar NZD/USD completes the trading week at 0.6842. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in the New Zealand Dollar. It is expected to test the area of signal lines near the level of 0.6920, from which one should expect an attempt to fall and develop a bearish trend for a pair with a view to lower near the level of 0.6730. NZD/USD forex forecast for the week May 15 — 19, 2017 Previously, a strong signal was received for the sale…
Currency pair US Dollar to Mexican Peso USD/MXN completes trading week at 18.8519. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in the US Dollar Mexican Peso pair. Ichimoku Kinko Hyo Cloud is expected to test near the level of 18.9700, from where one should expect an attempt to fall and develop a bearish tendency for a pair with a view to lower near the level of 18.0000. USD/MXN forecast Mexican Peso on May 15 — 19, 2017 Earlier, we received a weak signal for purchases of the US Dollar…