Oil Brent completes the trading month at the level of 52.10 dollars per barrel. Brent oil is traded above the upper boundary of the Ichimoku Cloud, which indicates the presence of an upward trend in Oil. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 48.60, from which one should expect an attempt to grow and develop the bullish trend for Oil near the level of 58.40. Ichimoku Kinko Hyo Forecast Brent oil for May 2017 Earlier, we received a weak signal for purchases of Brent Oil, due to the intersection of the…
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.
Gold XAU/USD completes the trading month at the level of 1265.87. Gold is traded inside the Ichimoku Cloud, which indicates the presence of a lateral trend for Gold. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 1216.80, from where it is expected to test the upper boundary of the Ichimoku Cloud near the level of 1241.70. Ichimoku Kinko Hyo Forecast XAU/USD for May 2017 Earlier, a signal of medium strength was obtained for Gold purchases, due to intersection of the signal lines at the level of 1233.40. Consider buying is worthwhile with…
The Currency pair US Dollar to Japanese USD/JPY completes trading month at 111.234. The pair is trading near the upper boundary of the Ichimoku Cloud. Exit from the Ichimoku Cloud zone near the 112.900 level is expected, followed by a test of the upper boundary of the Ichimoku cloud at 110.500, from which one should expect an attempt of growth and further development of the bullish trend for the pair with a target of growth near the level of 118.600. Ichimoku Kinko Hyo Forecast USD/JPY for May 2017 Earlier, a weak signal was received for purchases of the US dollar…
Currency pair Australian Dollar to US Dollar AUD/USD continues to trade near the area of 0.7478. At the moment, the potential for continued falling of quotations in the area below the level of 0.74 remains. In favor of the fall is a tight test of the downward trend line on the indicator of relative strength. FOREX NEWS and AUD/USD Forecast on May 1, 2017 The cancellation of the Australian Dollar decline to the US Dollar to Australian Dollar AUD/USD will result in a strong growth and breakdown of the 0.7540 area, which indicates that the pair will continue to rise…
The currency pair GBP/USD Pound to US Dollar continues to develop an upward trend and at the moment there is a potential for a test area of 1.2960, from which one should expect an attempt to correct the pair in the area below the level of 1.2850. GBP/USD Forecast Pound Dollar FOREX on May 1, 2017 In favor of the fall is the test of the downward trend line on the indicator of relative strength. The cancellation of the variant of falling quotations of the pound dollar will be a strong growth and breakdown of the area of 1.2990, which…
The currency pair EUR/USD Euro to US Dollar continues to test the area of the upper border of the rising channel and at the moment there is a potential for falling as part of the development of the reversal Forex Head and shoulders models on the price chart. In the case of continued growth of quotations of the euro, a similar model will be formed on the indicator of relative strength, which will also point to the fall of the euro against the dollar. Forex Forecast EUR/USD Euro Dollar on May 1, 2017 The cancellation of the EUR/USD decline option…
The currency pair USD/CAD US Dollar to Canadian Dollar continues to move within the upward trend and at the moment there is a potential for a fall in the pair’s quotes to the bottom of the rising channel at 1.36. Where can we expect a rebound and continued growth of the pair USD/CAD in the area above the level of 1.37. USD/CAD Forecast Canadian Dollar on May 1, 2017 In favor of the growth of quotations will perform a tight test of the support line on the indicator of relative strength. Canceling the option of continuing growth will be the…
Quotes of BRENT crude oil continue to move in the downward trend and at the moment there is a potential for continuing the decline in quotations below the level of 51 dollars per barrel. In favor of falling oil is a tight test of the descending line of resistance on the indicator of relative strength, as well as a test of the upper boundary of the descending channel. Analysis and BRENT oil price Forecast on May 1, 2017 The cancellation of the variant of falling quotations will be a strong growth and breakdown of the region 53 dollars per barrel,…
Quotations of the currency pair USD/JPY US Dollar to Japanese Yen continue to move within the upward trend and at the moment there is still potential for continuing the pair’s growth into the area above the level of 112.50. USD/JPY Forecast US Dollar to Yen on May 1, 2017 In favor of the growth of the pair is the breakdown of the upper limit of the Forex Triangle model, which indicates the continued growth of USD/JPY quotes, as well as the rebound from the support line on the relative strength indicator. The cancellation of the growth variant of the Yen…
The currency pair USD/RUB US Dollar to Russian Ruble continues to move within the limits of growth, at the given moment it is necessary to expect a tight test of the lower border of the uplink near the area of 56.55. USD/RUB Forecast US Dollar to Russian Ruble on May 1, 2017 Whence it is necessary to expect continuation of growth of quotations of the Dollar Ruble pair in the region above the level of 57.60 rubles per dollar within the framework of the working out of the bull forex model 5-0. Canceling the option growth will be a breakdown…