Author: 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.

The stock index Dow Jones is trading at 20975.1. Dow Jones continues to trade above the upper boundary of the Ichimoku Cloud, indicating an upward trend in the Dow Jones. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 20965.0, from which one should expect an attempt to grow and develop a bullish trend on the stock exchange index with the purpose of growth near the level of 21140.0. Technical analysis Dow Jones & forecast on May 11, 2017 Earlier, a weak signal was received for the sale of the Dow Jones exchange…

Read More

The stock index FTSE 100 is trading at the level of 7370.7. FTSE 100 is trading above the upper limit of the Ichimoku Cloud, which indicates the presence of an upward trend in the FTSE 100. A test of the signal line area near the level of 7320.0 is expected, from which one should expect an attempt to grow and develop a bullish trend at the stock exchange index near the level of 7440.0. Technical analysis & FTSE 100 forecast on May 11, 2017 Earlier, a medium strength signal was obtained for the purchases of the exchange index FTSE 100,…

Read More

The stock index DAX 30 is trading at the level of 12741.9. DAX 30 is trading above the upper limit of the Ichimoku Cloud, indicating an upward trend in the DAX 30. A test of the signal line area near the level of 12640.0 is expected, from which it is expected to attempt an increase and development of the bullish trend for the DAX 30 Index for growth near the level of 12870.0. Technical analysis & forecast DAX 30 on May 11, 2017 Previously, a strong signal was obtained for the DAX 30 exchange index purchases, due to intersection of…

Read More

The stock index NASDAQ is trading at 5677.6. The NASDAQ continues to trade above the upper boundary of the Ichimoku Cloud, indicating an upward trend in the NASDAQ. The fall of quotations of the exchange’s index near the level of 5645 is expected, from which one should expect an attempt to grow and develop the bullish trend on the NASDAQ exchange index near the level of 5730.0. Technical analysis NASDAQ & forecast on May 11, 2017 Earlier, a weak signal was received for the purchases of the NASDAQ Exchange Index, due to the intersection of the signal lines at the…

Read More

The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the upward trend and at the moment there is a potential for the pair to continue to grow. It is worth waiting for an attempt to fall below 1.36, from which we can expect the spike and continue the pair’s growth in the area above 1.3750 as part of the development of the bull forex model of the Wolf wave. USD/CAD Forecast Canadian Dollar on May 11, 2017 In favor of the growth of quotations will perform a tight test of the support line on the indicator…

Read More

Quotes of BRENT crude oil continue to move in a downward trend and are currently pushing away from the area of resistance. It is worth waiting for an attempt to continue falling into the area below the level of $ 47 per barrel. Technical analysis & forecast crude oil on May 11, 2017 In favor of falling quotations and prices for oil BRENT is the test of the descending line of resistance on the indicator of relative strength. The abolition of the fall in the price of oil will be a strong increase and breakdown of the region of 50.50…

Read More

Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of a strong upward trend. At this point, we should expect the pair to continue to grow after testing the bottom of the uplink. The purpose of the growth of the pair of Yen Dollar is the area at the level above 115.00. USD/JPY Forecast Dollar Yen exchange rate May 11, 2017 In favor of the growth of USD/JPY quotations, a dense test of the upward trend line will appear on the indicator of relative strength. The cancellation of the variant of growth…

Read More

The currency pair Australian Dollar against the US Dollar AUD/USD went into the development of the upward correction, but the potential for falling pair quotes remains. AUD/USD tests the area of the upper boundary of the downlink, it is worth expecting a rebound in the area below the level of 0.73. AUD/USD Prediction Australian Dollar on May 11, 2017 Cancel the option of falling quotations of the pair continues the Australian Dollar to the US Dollar will break through the area of 0.74, indicating that the growth of quotations continues. An additional signal is the resistance area test on the…

Read More

The currency pair British Pound to US Dollar GBP/USD continues to test the local maximum area. At the moment, the potential for falling quotations of the pound-dollar pair to the area below the level of 1.2850 remains. In favor of the drop is a rebound from the descending line of resistance on the indicator of relative strength. Technical analysis & GBP/USD Forecast Forex on May 11, 2017 And also the formation of the Wedge reversal model, which indicates the breakdown of the lower boundary and the continuation of the decline into the area below the level of 1.2770. Expect the…

Read More

The currency pair Euro to US Dollar EUR/USD continues to trade as part of the start-up of the bearish wave model of Wolf with a potential drop target near the area of 1.04. At the moment, the pairs are testing the support area, which indicates a possible rebound to the area above the level of 1.0940, from which it is expected to try to turn and fall into the area below the level of 1.07 as part of the development of the head and shoulders reversal model. Technical analysis & forecast EUR/USD on May 11, 2017 An additional signal in…

Read More