Trading signals Japanese Yen USD/JPY on May 3, 2017 Sale at the current price (112.14), StopLoss is set for 112.70, the target is to decrease 109.10. Trading signals British Pound GBP/USD on May 3, 2017 Purchase at the current price (1.2895), StopLoss set for 1.2860, the target of growth is 1.2960. Trading signals New Zealand Dollar NZD/USD on May 3, 2017 Selling at the current price (0.6932), StopLoss is set at 0.6950, the target is to decrease 0.6860.
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 currency pair British Pound to US Dollar GBP/USD continues to test the upper border area of the rising channel. It is worth to expect an attempt to rebound and fall into the support area at the level of 1.2770. In favor of the drop, a test of the broken trend line will appear on the indicator of relative strength. GBP/USD Forecast British Pound to Dollar on May 3, 2017 The cancellation of the variant of falling quotations of the pound-dollar pair will result in strong growth and breakdown of the local maximum area, which will indicate the continued growth…
The currency pair Euro to US Dollar EUR/USD continues to trade near the local maximum area. At the moment, there is a potential for the fall and breakdown of the area 1.0850 as part of the development of the reversal Forex model of the failed swing on the indicator of relative strength. EUR/USD Forecast Euro to US Dollar on May 3, 2017 The cancellation of the variant of the fall of the euro dollar bucks will result in a strong growth and breakdown of the region 1.0970, which will indicate the continued growth of the pair. In favor of the…
Quotes of BRENT crude oil continue to move within the descending channel and at the moment there is still potential for continuing falling quotations and oil prices in the region below the level of $ 50 per barrel. In favor of the fall is a tight test of the descending line of resistance on the indicator of relative strength. BRENT forecast crude oil prices on May 3, 2017 The cancellation of the fall option will be the breakdown of the region at $ 53 per barrel, which will indicate the continued growth in oil prices. Expect the acceleration of the…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continue to grow, but at the moment there is still potential for falling quotations in the area below the level of 111. In favor of the fall breakdown of the upward trend line on the indicator of relative strength. USD/JPY Forecast Forex Japanese Yen on May 3, 2017 And also the formation of the reversal Forex model The failed swing on the indicator of relative strength. The cancellation of the fall in the pair’s quotes will result in a strong growth and breakdown of the area of 112.80. Among…
Currency pair Australian Dollar to US Dollar AUD/USD continues to trade as expected. The pair pushed away from the upper boundary of the descending channel and at the moment there is a potential for continuing falling of quotations in the area below the level of 0.74. Technical analysis and Forecast AUD/USD on May 3, 2017 In favor of the fall is the test of the downward trend line on the indicator of relative strength. Cancellation of the variant of falling of quotations AUD/USD will be a breakdown of the upper boundary of the descending channel, which will indicate the continued…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to test the broken borders of the Forex Triangle model. It is expected to rebound and fall in quotations in the area below the level of 0.6820. NZD/USD Forecast New Zealand Dollar on May 3, 2017 In favor of the fall is the formation of lecherous forex models of the head and shoulders at small time intervals. The cancellation of the NZD/USD decline will result in a strong growth and a breakdown of the area of 0.6950, which indicates that the pair will continue to grow above…
Quotes of XAU/USD Gold continue to test the support area and at the moment there is still potential for continuing the fall of quotations in the area below the level of 1235. In favor of the fall, the breakdown of the local minimum area will occur. XAU/USD Forecast GOLD prices on May 3, 2017 However, we should not exclude the attempt to test the upper limit of the descending channel and only after this continuation of the decline. The cancellation of the variant of falling quotations and prices for Gold will be a strong growth and breakdown of the region…
The currency pair Canadian Dollar to US Dollar USD/CAD continues to develop a strong upward trend and at the moment there is a potential for continuing growth in the area above 1.38 level. In favor of the development of an upward trend is the breakdown of the Forex Triangle model on the indicator of relative strength. USD/CAD Forecast Canadian Dollar on May 3, 2017 The cancellation of the growth of the pair USD/CAD will be the fall and breakdown of the lower border of the rising channel, which will indicate the continuation of the development of correction for the pair.…
The currency pair US Dollar to Russian Ruble USD/RUB continues to trade within the framework of an upward Forex 5-0 model. It is worth living an attempt to continue the growth of quotations in the region above the level of 57.50 rubles per US dollar. USD/RUB Forecast US Dollar to Ruble on May 3, 2017 In favor of the growth of the Dollar Ruble pair will be the formation of a bullish wave model of Wolf, as well as a test of the support line on the indicator of relative strength. The abolition of the growth of the dollar against…