Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continues to move within the framework of forming the bullish forex pattern “5-0”. It is worth waiting for an attempt to fall into the area of the lower border of the channel, from where you can try buying the pair US Dollar to Japanese Yen USD/JPY and expect the beginning of growth with the potential target at the level 114.50. USD/JPY forecast Japanese Yen on May 22, 2017 In favor of falling from current levels is the test of the bearish trend line on the indicator of relative strength…
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.
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade within a strong bearish impulse. At the moment, quotes USD/CHF are testing the area of the lower border of the descending channel. It is worth to expect an attempt to rebound and the growth of quotations of the pair US Dollar to Swiss Franc USD/CHF at the level of 0.9850. USD/CHF forecast Dollar to Swiss Franc on May 22, 2017 In favor of growth, rebound values of the indicator of relative strength index (RSI) from the support area. The cancellation of the option will be a breakdown of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to be traded within the bearish channel. At the moment, we should expect an attempt to test the upper boundary of the channel at the level of 0.6920. Once again, the continuation of the fall of the pair NZD/USD to the area below the level of 0.68 is pushed back. NZD/USD forecast New Zealand Dollar on May 22, 2017 In favor of the fall, breakdown of the upward trend line on the indicator of relative strength index (RSI) will perform. By canceling the option of falling quotes,…
GOLD Quotes XAU/USD continue to move in the framework of the formation of the reversal forex pattern “Head and Shoulders”. At this point, we should expect an attempt to test the upper boundary of the downlink at the level 1270 and the beginning of the drop GOLD quotes and prices. XAU/USD forecast GOLD prices on May 22, 2017 In favor of the decline is the formation of a reversal pattern “The Failure Swing” on the indicator of relative strength index (RSI). Canceling the option of lowering the quotations XAU/USD will break through the area of 1280, indicating that the continued…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of the formation of the reversal forex pattern “Head and Shoulders”. However, to expect the continued growth of the pair is only with the breakdown of the area 58.80 Russian Rubles per US dollar. USD/RUB forecast Russian Ruble on May 22, 2017 In this case, we should expect the growth of the pair US Dollar to Russian Ruble USD/RUB to continue and the development of the head and shoulders reversal model. In favor of this option will test the support line on the indicator of relative…
EUR/USD trading signals Euro Dollar on May 19, 2017 Sale from the level of 1.1150, StopLoss is set for 1.1175, the target is 1.1060. GBP/USD trading signals British Pound on May 19, 2017 Sale at the current price of 1.2949, StopLoss is set for 1.2990, the target is 1.2860. AUD/USD trading signals Australian Dollar on May 19, 2017 Sale at the current price of 0.7432, StopLoss is set for 0.7470, the target is 0.7330.
Stock index S&P 500 is trading at the level of 2362.4. S&P 500 broke through the Ichimoku Kinko Hyo Cloud and began to trade below its lower limit, indicating a bearish trend in the S&P 500. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 2370.0, from which it is expected to try to fall and develop a bearish trend at the stock index near Level 2335.0. Technical analysis & forecast S&P 500 on May 19, 2017 Earlier, a medium-strength signal was obtained for the sale of the Stock index S&P 500, due to crossing…
Stock index NASDAQ is trading at 5615.5. NASDAQ is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the NASDAQ. A test of the area of signal lines near the level 5645.0 is expected, followed by a test of the lower boundary of the Ichimoku Kinko Hyo Cloud near the level 5615.0, from which one should expect an attempt to grow and the bullish trend at the Stock index NASDAQ near the level 5730.0. Technical analysis & forecast NASDAQ on May 19, 2017 Earlier, a weak signal was received for the buy of…
Stock index DAX 30 is trading at the level of 12589.9. DAX 30 is trading within the Ichimoku Kinko Hyo Cloud, indicating a flat trend over the DAX 30. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 12629.0, from which it is expected to try to fall and develop a bearish trend in the Stock index DAX 30 with the target of reducing near the level 12380.0. Technical analysis & forecast DAX 30 on May 19, 2017 Previously, a strong signal was obtained for the buy Stock index DAX 30, due to crossing of…
Stock index FTSE 100 is trading at 7435.1. FTSE 100 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in the FTSE 100. The stock index is expected to fall near the level 7370.0, from which it is expected to try to grow and develop the bullish trend on the stock index near the level 7530.0. Technical analysis & forecast FTSE 100 on May 19, 2017 Earlier, a medium strength signal was obtained for the buy of the Stock index FTSE 100, due to the crossing of the…