Currency pair US Dollar to Swiss Franc USD/CHF completes trading week at 0.97. The pair continues to trade below the border of the descending channel. It is worth waiting for a rebound and a test of the broken channel border. USD/CHF forecast on May 29, 2017 — June 2, 2017 In favor of the growth of the pair US Dollar to Swiss Franc USD/CHF is a tight test of the support area on the indicator of relative strength index (RSI). Near the area of 0.9780, we should expect a rebound and the continuation of the fall of the pair. Cancellation…
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 New Zealand Dollar to US Dollar NZD/USD completes trading week at 0.7045. The pair is testing the resistance area. It is worth to expect an attempt to rebound and fall of quotations in the region at the level of 0.6940. NZD/USD forecast on May 29, 2017 — June 2, 2017 In favor of the drop, a down-line resistance test comes on the relative strength indicator (RSI). In the vicinity of 0.6940, we should expect a rebound and an attempt to grow the pair into the upper boundary of the downward channel at the level of 0.7250. Cancellation of…
Quotes Gold XAU/USD close the trading week in the vicinity of the area of 1263. It is worth to expect an attempt to grow the pair in the area above the level of 1280 as part of the formation of the right shoulder of the reversal forex pattern «Head and Shoulders». XAU/USD forecast on May 29, 2017 — June 2, 2017 Where can we expect the beginning of the fall of quotations XAU/USD. The closest target of the decline is the area at the level of 1223. In favor of falling quotations and prices for gold will perform a tight…
Currency pair US Dollar to Japanese Yen USD/JPY close the trading week by a decline near the area of 110.99. The pair continues to move within the framework of the formation of an reversal forex pattern «Head and Shoulders». It is worth waiting for the test of the test area 110.10 and the beginning of the growth of the pair. USD/JPY forecast on May 29, 2017 — June 2, 2017 The first target of the growth of the US Dollar to Japanese Yen is the area at the level of 1114.50, the breakdown of which will indicate the continued growth…
Currency pair US Dollar to Canadian Dollar USD/CAD closes the trading week with a decline at 1.3470. The pair continues to trade within the rising channel. It is worth waiting for an attempt to tight test the lower border of the channel and continue the growth of the pair USD/CAD with a potential target above 1.37 area. USD/CAD forecast on May 29, 2017 — June 2, 2017 In favor of the growth of the pair is the test of the support line on the indicator of relative strength index (RSI). The cancellation of the option of continued USD/CAD growth will…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the level of 0.7434. The pair continues to move within the descending channel. It is worth waiting for an attempt to grow into the upper border area, where again we should expect a rebound and continue the decline of the pair. AUD/USD forecast on May 29, 2017 — June 2, 2017 In favor of the growth of quotations AUD/USD is the breakdown of the downward trend line on the indicator of relative strength. Canceling the rebound from the upper border of the channel will be a breakdown of…
Quotes of BRENT crude oil finish the trading week with a fall near the level of $ 51.81 per barrel. Oil continues to move within the descending channel and it is worth waiting for an attempt to continue falling prices for the next trading week with a target below the region of $ 45 per barrel. BRENT oil forecast on May 29, 2017 — June 2, 2017 In favor of continuing the decline in quotations BRENT is a rebound from the descending line of the trend on the indicator of relative strength. The abolition of the continuation of the fall…
Currency pair British Pound to US Dollar GBP/USD completes the trading week by falling near the area of 1.2860. It is worth waiting for an attempt to continue falling into the area below the level of 1.2440. In favor of the fall comes the breakdown of the upward trend line on the indicator of relative strength index (RSI). GBP/USD forecast on May 29, 2017 — June 2, 2017 The abolition of the option of reducing the pair British Pound to US Dollar will be strong growth and breakdown of the area of 1.3050. Expect to accelerate the fall of the…
Currency pair Euro to US Dollar EUR/USD completes the trading week near the local maximum area level of 1.1220. It is worth to expect an attempt to rebound from the upper limit of the rising channel and the fall of the euro’s quotations to the area below the level of 1.1050. EUR/USD forecast on May 29, 2017 — June 2, 2017 Where can we expect the rebound and the continued growth of the pair EUR/USD. In favor of growth, an uptrend line test will be performed on the indicator of relative strength index (RSI). In the event of a breakdown…
Trading signals Australian Dollar AUD/USD on May 26, 2017 Sale at the current price of 0.7467, StopLoss is set for 0.7516, the target is 0.7350. Trading signals New Zealand Dollar NZD/USD on May 26, 2017 Sale at the current price of 0.7023, StopLoss is set at 0.7060, the target is 0.6880. Trading signals Canadian Dollar USD/CAD on May 26, 2017 Buy at the current price 1.3436, StopLoss is set at 1.3387, the target is 1.3540.