Currency pair US Dollar to Swiss Franc USD/CHF completes trading week at 0.9724. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the US Dollar to Swiss Franc. The pair is expected to rise near the 0.9830 level, from which it is expected to try to fall and develop a bearish trend for the pair with a target near the level 0.9555. USD/CHF weekly forecast on May 22 — 26, 2017 Previously, a strong signal was received for the sale of the US Dollar to Swiss Franc USD/CHF, due to…
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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.
Brent crude oil completes the trading week at the level of $ 53.76 per barrel. Brent crude oil continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a downward trend in the Oil. Ichimoku Kinko Hyo Cloud near the $ 54.00 per barrel level is expected to be tested near the level of $ 54.00 per barrel, from which one should expect an attempt to fall and develop the bearish trend for Oil near the level of $ 50.90 per barrel. Brent crude oil weekly forecast on May 22 — 26, 2017 Earlier, a…
GOLD XAU/USD completes the trading week at 1254.92. GOLD broke through the Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, which indicates an upward trend in Gold. GOLD is expected to rise near the level of 1266.00, followed by a test of the upper boundary of the Ichimoku Kinko Hyo Cloud near the level of 1258.00, from which one should expect an attempt to grow and develop the bullish trend for gold with a target to rising near the level 1295.00. XAU/USD weekly forecast on May 22 — 26, 2017 Earlier, a weak signal was received…
Silver XAG/USD completes the trading week at 16.83. Silver traded below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in Silver. It is expected to test the area of signal lines near the level of 17.30, from which one should expect an attempt to drop and develop a bearish trend over the Silver XAG/USD with the target of reducing near the level 15.90. XAG/USD weekly forecast on May 22 — 26, 2017 Earlier, a weak signal was received for the sale of Silver XAG/USD, due to the crossing of the signal lines at the level…
Currency pair US Dollar to Japanese Yen USD/JPY completes trading week at 111.245. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for the US Dollar to Japanese Yen USD/JPY. Ichimoku Kinko Hyo Cloud is expected to test near the 110.300 level, from which it is expected to test the upper boundary of the Ichimoku Kinko Hyo Cloud near the level 111.600. USD/JPY weekly forecast on May 22 — 26, 2017 Earlier, a weak signal was received for purchases of the pair US Dollar to Japanese Yen USD/JPY, due to the crossing of signal…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the bearish channel. The potential remains for the rebound from the upper boundary and the continuation of the decline of the pair into the area below the level 0.73. AUD/USD forecast Australian Dollar on May 22, 2017 In favor of the fall is another test of the bearish trend line on the indicator of relative strength index (RSI). Cancellation of the fall in the quotations of the Australian Dollar to US Dollar AUD/USD will be the breakdown of the area 0.7490, which will indicate the continued growth of…
Currency pair British Pound to US Dollar GBP/USD continues to trade within the rising channel. However, at the moment the GBP/USD pair can also show a drop to the area below the level 1.2870. In favor of the fall is the formation of reversal forex pattern “Head and Shoulders” on the indicator of relative strength index (RSI). GBP/USD forecast Pound Dollar on May 22, 2017 With the breakdown of area 1.29, it is expected to continue the decline with a target below the level 1.27. Canceling the option of falling the GBP/USD quotations will break through the area 1.3050, which…
The currency pair Euro to US Dollar EUR/USD continues to be traded near the upper garnish of the rising channel. The potential for rebounding and falling of quotations is preserved in the area below the level 1.1070. In favor of the decline is the formation of a reversal pattern “The Failure Swing” on the indicator of relative strength index (RSI). EUR/USD forecast Euro Dollar on May 22, 2017 Expect the acceleration of falling quotations of the Euro to US Dollar EUR/USD pair stands with the breakdown of the support area 1.1070. The cancellation of the fall will be a breakdown…
Currency pair Canadian Dollar to US Dollar USD/CAD continues to move within the bullish trend. At the moment, the quotes of the pair USD/CAD were able to break through the lower boundary of the channel, it may indicate that the fall continues to fall below 1.3450. USD/CAD forecast Canadian Dollar on May 22, 2017 However, while the pair is trading above 1.3500, one should expect a growth attempt above 1.37. With the breakdown of the upper level of the forex pattern “Wedge” is expected to accelerate the growth of quotations of the pair. Important news from Canada is not expected,…
Quotes of BRENT crude oil continue to move within the bullish trend. At the moment, quotes have broken through the resistance area and there is a potential for testing the upper boundary of the bearish channel. Where again we can expect a rebound and a drop in quotations BRENT crude oil in the area below the level $ 50 per barrel. BRENT forecast of oil prices on May 22, 2017 In favor of the fall is the formation of a reversal pattern “The Failure Swing” on the indicator of relative strength index (RSI). The cancellation of the option of falling…