The currency pair USD/CHF US Dollar to Swiss Franc continues to move as part of the formation of an inverted Forex Head and Shoulder model. It is worth waiting for the test of the area of 0.9910 and the continuation of the pair’s growth in the area above the level of 1.0050. USD/CHF Forecast US Dollar to Swiss Franc on May 2, 2017 In favor of the growth of the Dollar Franc, a dense test of the upward trend line will appear on the indicator of relative strength. The abolition of the pair’s growth option will be the fall and…
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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.
Quotations of the pair USD/JPY US Dollar to Japanese Yen continue to test the resistance area near the level of 112. It is worth waiting for an attempt to fall into the area below the level of 110.20 as part of the formation of the inverted Forex Head and Shoulder model. USD/JPY Forecast US Dollar to Japanese Yen on May 2, 2017 In favor of falling quotations of the pair Yen Dollar is the breakdown of the upward trend line on the indicator of relative strength. The cancellation of the USD/JPY reduction will be followed by a breakout of 112.70,…
Quotes of BRENT oil continue to move within the development of the downward trend and at the moment there is a potential for continuing falling oil quotations in the area below the level of 51 dollars per barrel. It is worth expecting a tight test of the upper boundary of the descending channel near the region of 51.75. BRENT Forecast crude oil prices on May 2, 2017 The abolition of the reduction option will be a breakdown of the region $ 52 per barrel. Expect the acceleration of falling quotations and oil prices is with the breakdown of the rising…
The currency pair Canadian Dollar to US Dollar USD/CAD continues to test the local maximum area. At the moment, there is a potential for the development of a downward correction within the rebound from the upper boundary of the Woolf wave model. USD/CAD Forecast Canadian Dollar on May 2, 2017 In favor of the fall will break through the lower boundary of the fresco Triangle model, as well as the closing of quotations below the level of 1.3550. The cancellation of the option will be a strong growth and breakdown of the area of 1.3750, which will indicate the continued…
The currency pair EUR/USD Euro to US Dollar continues to be traded near the local maximum area and at the moment there is a potential for falling quotations of the euro dollar in the area below the level of 1.0780. In favor of the fall of the pair is the breakdown of the ascending trend line on the indicator of relative strength. EUR/USD Forecast Euro to US Dollar on May 2, 2017 The abolition of the variant of the euro’s dollar decline will be strong growth and breakdown of the local maximum area, which will indicate the continued growth of…
The currency pair GBP/USD British Pound to US Dollar continues to test the upper boundary area of the rising channel. It is worth waiting for an attempt to rebound and fall the pound dollar into an area below the level of 1.2770. GBP/USD Forecast Pound to US Dollar on May 2, 2017 In favor of falling quotes is the breakdown of the ascending trend line on the indicator of relative strength. The abolition of the reduction option will be a strong growth and breakdown of the 1.30 area. Near the area of 1.2770, one should expect an attempt to form…
Currency pair Australian Dollar to US Dollar AUD/USD has gone into the development of an upward correction and at the moment the quotes are testing the area of the upper boundary of the descending channel. It is worth to overcome the attempt of rebound and fall into the area below the level of 0.74. AUD/USD Forecast Australian Dollar May 2, 2017 In favor of falling quotes of the pair AUD/USD is the test of the downward resistance line on the indicator of relative strength. The abolition of the decline option will be a strong growth and breakdown of the area…
Silver XAG/USD is trading at the level of 17.12. Silver continues to trade below the lower boundary of the Iсhimoku Cloud, indicating a downward trend in silver. It is expected to test the area of signal lines near the level of 17.40, from which one should expect an attempt to drop and develop a bearish trend for Silver near the level of 16.90. Ichimoku Kinko Hyo XAG/USD Forecast on May 2, 2017 Previously, a weak signal was generated for the sale of Silver, due to the intersection of the signal lines at the level of 18.25. The cancellation of the…
Gold XAU/USD is trading at the level of 1263.68. Gold is trading below the lower boundary of the Ichimoku Cloud, indicating a downward trend in gold. Gold is expected to increase near the level of 1269.70, from which it is expected to try to fall and further develop the bearish trend for Gold near the level of 1254.40. Ichimoku Kinko Hyo XAU/USD Forecast on May 2, 2017 Earlier, we received a weak signal for the sale of Gold, due to the intersection of the signal lines at 1282.00. The cancellation of the fall option will be a breakdown of the…
Brent crude is trading at $ 51.88 a barrel. Brent oil is trading below the lower boundary of the Ichimoku Cloud, which indicates a downward trend in the Oil. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 52.50, from which one should expect an attempt to drop and develop a bearish trend for Oil near the level of 50.70. Ichimoku Kinko Hyo Brent crude oil Forecast on May 2, 2017 Earlier, we received a weak signal for purchases of Brent Oil, due to the intersection of signal lines at the level of…