The currency pair US Dollar to Japanese Yen USD/JPY is trading at 112.155. The pair is trading above the moving average with a period of 55, indicating a bullish trend for the US Dollar to Yen. At the moment, the pair quotes are moving towards the middle border of the Bollinger Bands indicator bars. The test of the average border of the Bollinger Bands indicator bars near the level of 111.690 is expected, from which one should expect an attempt to continue the growth and further development of the upward trend in the US Dollar Yen with the first target…
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.
The stock index DAX 30 is trading at the level of 12494.4. DAX 30 is trading above the moving average with a period of 55, indicating a bullish trend for DAX 30. Stock index benchmarks test the upper boundary of the Bollinger Bands indicator bars. The drop in quotations of the index near the level of 12440.0 is expected, where again we should expect an attempt to continue growth and further development of the bullish trend with the first target near the level of 12600.0. Bollinger Bands DAX 30 Forecast on May 4, 2017 The conservative buying area is located…
The stock index FTSE 100 is trading at 7234.4. Quotations on the FTSE 100 are traded within the boundaries of the Bollinger Bands indicator bands periodically, crossing the moving average, which indicates the presence of a lateral trend for the FTSE 100. At the moment, the stock index quotes test the average border of the Bollinger Bands indicator bars. It is worth waiting for the test of the lower boundary of the Bollinger Bands indicator bars near the level of 7195.0, from where the test of the upper border of the indicator bars near the level of 7270.0 is expected.…
The stock index Dow Jones is trading at 20906.3. Quotations Dow Jones are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the Dow Jones. At the moment, quotations of the stock index test the lower boundary of the bands of the indicator Bollinger Bands. An insignificant correction of quotations for Dow Jones near 20860.0 level is expected, from which one should expect an attempt to continue growth and further development of the bullish trend with the first target near the level of 21100.0. Bollinger Bands Dow Jones Forecast on…
The currency pair US Dollar to Canadian Dollar USD/CAD is trading at 1.3719. Quotes of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the pair US Dollar Canadian dollar. At the moment, quotes of the pair test the upper boundary of the bands of the indicator Bollinger Bands. It is expected to test the average border of the indicator bars near the level of 1.3660, where again we should expect an attempt to continue growth with the first target near the level of 1.3800. Bollinger Bands…
Quotes of XAU/USD Gold continue to move within the downward trend and at the moment there is still potential for testing the upper limit of the descending channel and continuing the decline to the area below the level of 1235. In favor of the drop, a downtrend test on the relative strength indicator will perform. The cancellation of the variant of falling quotations and prices for Gold will be a strong growth and breakdown of the area of 1260, which will indicate the continued growth of XAU/USD in the area above the level of 1270. XAU/USD Forecast Forex Gold on…
Currency pair The Australian Dollar to US Dollar AUD/USD is trading at 0.7482. The pair is trading below the moving average with a period of 55, indicating a bearish trend for the pair Australian Dollar. At the moment, quotes of the pair test the average border of the bars of the indicator Bollinger Bands. It is expected to increase the pair’s quotes near the level of 0.7510, where again we should expect a fall attempt with the first target near the level of 0.7410. Bollinger Bands AUD/USD Forecast on May 4, 2017 The conservative sales area is located near the…
Brent crude oil is trading at $ 50.80 a barrel. Quotes for Oil are traded below the moving average with a period of 55, indicating a bearish trend for Brent Oil. At the moment, Brent Oil quotes are testing the lower boundary of the Bollinger Bands indicator strip. It is worth waiting for the test of the average border of the Bollinger Bands indicator bars near the level of 51.50, from which one should expect an attempt to continue falling with the first target near the level of 49.30. Bollinger Bands Brent crude oil Forecast on May 4, 2017 The…
The currency pair US Dollar to Russian Ruble USD/RUB continues to move as part of the forex exercise of the Wedge model. At the moment, there is the potential for the pair to continue to grow in the region above the level of 58 rubles per US dollar. Expect to accelerate the growth of the pair is with the breakdown of the resistance area and the closing of quotes USD/RUB above the level of 58 rubles per dollar. USD/RUB Forecast US Dollar to Russian Ruble on May 4, 2017 The abolition of the growth option will be a fall and…
The currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9907. The pair is trading below the moving average with a period of 55, indicating a bearish trend for the US Dollar Frank. At the moment, quotes of the pair test the lower boundary of the bands of the Bollinger Bands indicator. A test of the average border of the Bollinger Bands indicator bars near the level of 0.9930 is expected, where again we should expect an attempt to continue falling with the first target near the level of 0.9880. Bollinger Bands USD/CHF Forecast on May 4, 2017…