Stock index NASDAQ is trading at 5698.6. NASDAQ continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the NASDAQ. The fall of quotations of the exchange’s index near the level of 5650.0 is expected, from which one should expect an attempt to grow and develop the bullish trend on the Stock index NASDAQ near the level of 5780.0. Technical analysis & forecast NASDAQ on May 24, 2017 Earlier, we received a weak signal for sales of the Stock index NASDAQ, due to the crossing of signal lines at the level of…
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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.
Stock index S&P 500 is trading at the level of 2393.7. S&P 500 broke through the Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, indicating an bullish trend in the Stock index S&P 500. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 2387.0, from which it is expected to try to grow and develop the bullish trend of the stock index near Level 2423.0. Technical analysis & forecast S&P 500 on May 24, 2017 Earlier, a medium-strength signal was obtained for the sale of the Stock index S&P 500, due…
Currency pair US Dollar to Japanese Yen USD/JPY continues to move within the framework of the formation of the bullish pattern «5-0». It is worth waiting for an attempt to test the lower border of the ascending channel, where one can consider buying a pair with a close Stop-loss. USD JPY forecast & analysis on May 24, 2017 In favor of the growth of the pair US Dollar to Japanese Yen USD/JPY, the formation of a reversal model on the relative strength indicator index (RSI) appears, indicating a breakdown of the 112.00 area by closing prices. Cancellation of the growth…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the growth framework and at the moment the pair quotes were able to break the upper boundary of the descending channel. The pair continues to test the resistance area and retains the potential for rebound and fall of the pair into the area below the level of 0.74. AUD USD forecast & analysis on May 24, 2017 In favor of the fall is also the test of the resistance area on the indicator of relative strength index (RSI). Expect the acceleration of the fall is with the breakdown…
Currency pair British Pound to US Dollar GBP/USD continues to build on the resistance area. It is worth waiting for an attempt to continue the decline in the area below the level of 1.28. In favor of falling quotations British Pound to US Dollar is the formation of a reversal pattern the «Failure Swing» on the indicator of relative strength index (RSI). GBP USD forecast & analysis on May 24, 2017 With the breakdown of the support area, we should expect the decline to continue to the level of 1.2650. The cancellation of the GBP/USD decline will result in strong…
Currency pair Euro to US Dollar EUR/USD to be traded within the forex pattern «Wedge». At the moment, the acuteness is to wait for a breakdown of the lower boundary of the model and the fall of the euro’s quotations to the area below the level of 1.11. EUR USD forecast & analysis on May 24, 2017 In favor of a possible decline in the euro is the formation of a reversal model «Failure Swing» on the indicator of relative strength index (RSI). Expect the acceleration of the fall in quotes EUR/USD stands with the breakdown of the support line…
Gold Quotes XAU/USD continue to move in the framework of the formation of the head and shoulders reversal pattern. At the moment quotations again test the area of the right shoulder. It is worth expecting an attempt to fall within the framework of the development of the reversal model «Failure Swing» on the indicator of relative strength index (RSI) with a potential target at 1250. XAU USD (GOLD) forecast & analysis on May 24, 2017 The reversal of the fall will be a strong growth and breakdown of the 1265 area, indicating that the growth will continue above the level…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the limits of the decline. The pair could not push off the bottom of the forex pattern «Wedge» and at the moment there is a potential for testing the lower boundary of the rising channel, from which one should expect a rebound and another attempt at growth. USD CAD forecast & analysis on May 24, 2017 In favor of continuing the growth of quotations of the pair will breakdown the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the option will be…
Quotes of BRENT crude oil continue to move within the bearish channel. Oil pushes against the upper boundary of the channel. It is worth waiting for an attempt to fall into the area below the level $ 51 dollars per barrel. BRENT forecast & analysis on May 24, 2017 In favor of the fall, a breakdown of the upward trend line on the indicator of relative strength will enter. The abolition of the option of lowering quotations and oil prices will be the breakdown of the region at $ 55 per barrel, which will indicate continued oil growth. BRENT forecast…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the lateral movement. At this point, we should expect an attempt to test the area 56.35 rubles per US dollar, from which we should expect a rebound and the growth of quotations in the area above the level of 57.50. USD RUB forecast & analysis on May 24, 2017 In favor of growth of the US Dollar to Russian Ruble USD/RUB will perform a tight test of the support area on the indicator of relative strength index (RSI). The cancellation of the variant of growth of quotations of…