Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of the formation of the forex pattern «Triangle». It is expected to rebound from the bottom of the model and the growth of the USD/RUB in the area above the level of 57.50 rubles per dollar. USD/RUB forecast Russian Ruble on 25 May 2017 In favor of the growth of the pair will perform a tight test of the rising trend line on the indicator of relative strength index (RSI). Cancel the option of growth of the US Dollar to Russian Ruble USD/RUB pair will break…
Author: forex24pro
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continues to move within the framework of the bullish forex pattern «5-0». It is worth the attempt to test the lower boundary and continue growth with the first goal at the level of 114.50. USD/JPY forecast Japanese Yen on May 25, 2017 In favor of the continued growth of the pair, the USD/JPY is the breakdown of the downward trend line on the relative strength indicator (RSI). The cancellation of the pair’s growth option will result in a drop below the area of 109.50, indicating that the USD/JPY will…
Quotes of BRENT crude oil continue to move within the growth framework. At the moment, the quotes have updated the local maximum area. However, the potential for falling quotations and oil prices remains. It is worth waiting for an attempt to drop the quotations BRENT in the area below the level of $ 53.50 per barrel. Technical analysis & BRENT forecast on May 25, 2017 In favor of falling quotes is the formation of the reversal forex pattern «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the drop in oil quotations will result in…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the rising channel. It is worth waiting for an attempt to test the lower boundary and continue the growth of the pair with a potential target at a level above the 1.3750 area. USD/CAD forecast Canadian Dollar on May 25, 2017 In favor of the growth of quotations USD/CAD will perform a test of a broken trend line on the indicator of relative strength index (RSI). Cancellation of the growth option for the US Dollar to Canadian Dollar USD/CAD is the breakdown of the region of 1.3380, indicating…
The currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of the rising channel. The pair was able to return below the upper boundary of the channel, indicating a potential decline in the pair. It is necessary to expect the formation of the reversal forex pattern «Head and Shoulders» with the test of the level 1.1215. EUR/USD forecast Euro Dollar on May 25, 2017 In favor of continuing the decline of the pair is the breakdown of the support line on the indicator of relative strength index (RSI), the target for working out this model…
The currency pair British Pound to US Dollar GBP/USD continues to move within the lateral trend. At the moment, the values of the relative strength indicator have broken through the support, which indicates a potential continuation of the pair’s decline with the target at the level below the 1.28 area. GBP/USD forecast British Pound on May 25, 2017 With the breakdown of this area, we should expect the pound to continue to decline against the US dollar. The abolition of the decline option will be the breakdown of the local maximum area, which will indicate the continued growth of GBP/USD.…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the rising channel. At the moment, the pair is testing the area of the lower border of the uplink. It is expected to grow the pair in the area above the level of 0.7480, from which one should expect a fall attempt. AUD/USD forecast Australian Dollar on May 25, 2017 In favor of reducing the pair will perform a test of the broken support line on the indicator of relative strength index (RSI). Expect the acceleration of the fall in quotations AUD/USD stands with the breakdown of the…
Stock index Dow Jones is trading at 20893.6. Dow Jones continues to bargain inside the Ichimoku Kinko Hyo Cloud, indicating a flat trend on the Dow Jones. The stock index is expected to exit from the Ichimoku Kinko Hyo cloud zone near the level of 20855, then Ichimoku Kinko Hyo cloud bottom test near 20890.0 will be followed, from which it is expected to attempt a fall and further development of the bearish trend at the stock index near the level of 20690.0. Technical analysis & forecast Dow Jones on May 24, 2017 Earlier, a signal of medium strength was…
Stock index FTSE 100 is trading at the level of 7508.8. FTSE 100 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the FTSE 100. A test of the signal line area near the level of 7455.0 is expected, from which it is expected to try to grow and develop the bullish trend at the stock index near the level of 7630.0. Technical analysis & forecast FTSE 100 on May 24, 2017 Earlier, a medium strength signal was obtained for the buy of the Stock index FTSE 100, due to the…
Stock index DAX 30 is trading at the level of 12690.4. DAX 30 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the DAX. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 12680.0, from which it is expected to try to increase the quotations of the Stock index DAX 30 near the level of 12900.0. Technical analysis & forecast DAX 30 on May 24, 2017 Earlier, a weak signal was received for the sale of the DAX 30 exchange index, due to crossing of the signal…