Stock index Dow Jones is trading at 20636.0. Dow Jones broke the Cloud of Ichimoku Kinko Hyo and began to trade below its lower limit, which indicates the presence of a bearish trend for the Dow Jones. Ichimoku Kinko Hyo Cloud near the level of 20780.0 is expected to test the lower boundary of the cloud, from which one should expect an attempt to fall and further develop the bearish tendency at the Stock index Dow Jones near the level 20380.0. Technical analysis & forecast Dow Jones on May 19, 2017 Earlier, a signal of medium strength was obtained for…
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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.
Quotes of BRENT crude oil continue to move near the area of 51.41 dollars per barrel. At the moment, quotes have left the limits of the rising channel and there is a potential for continuing the fall in the area below the level of 50 dollars per barrel. BRENT prediction crude oil prices on May 19, 2017 An additional signal in favor of lower oil prices is the rebound of the values of the relative strength index (RSI) indicator from the resistance area. Cancellation of the falling quotations and Brent oil prices will break through the area of 52.50 dollars…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within a strong downward momentum. Presumably, on the pair the reversal forex pattern “Head and Shoulders” is formed, within which the pair US Dollar to Japanese Yen USD/JPY can show strong growth. USD/JPY Forecast of the Dollar to Yen on May 19, 2017 At this point, we should expect a test of the lower border of the rising channel and the beginning of the growth of the pair USD/JPY. In favor of the rebound of quotes is the test of the support area on the indicator…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of the beginning of the development of the reversal forex pattern “Head and Shoulders”. At the moment, we should expect an attempt to break through the area of 58.90 and continue the growth of the pair USD/RUB in the area above the level of 60 Rubles per US Dollar. USD/RUB prediction Russian Ruble on May 19, 2017 With the breakdown of which is expected to accelerate the growth of the US Dollar to Russian Ruble USD/RUB. The cancellation of the option will be the fall of…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade within a strong bearish momentum. At the moment, quotes are testing the area of the lower border of the descending channel. You should expect a rebound and try the test area of 0.9850. USD/CHF prediction Swiss Franc on May 19, 2017 In favor of the growth of the pair US Dollar to Swiss Franc is the test of the support area on the initiator of relative strength index (RSI). Cancellation of the growth option will be the fall of the breakdown of the area of 0.9740, which will indicate…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to test the areas of the upper boundary of the descending channel. It is worth to expect an attempt to rebound and fall quotes of the pair in the area below the level 0.68. NZD/USD prediction New Zealand Dollar on May 19, 2017 In favor of the fall of the pair is the test of the bearish resistance line on the indicator of relative strength index (RSI). Canceling the fall of the pair New Zealand Dollar to US Dollar NZD/USD will be a strong growth and breakdown…
Quotes of Gold XAU/USD continue to move as part of the formation of the reversal forex pattern “Head and Shoulders”. At this point, we should expect an attempt to test the area 1265 – 1270 and the beginning of the fall as part of the model’s development. XAU/USD prediction forex Gold price on May 19, 2017 An additional signal along with falling quotations of Gold XAU/USD will be the test of the upper border of the descending channel, which also indicates a decrease to the area of 1215. The abolition of the fall option will be the breakdown of the…
Currency pair Euro to US Dollar EUR/USD continues to trade within the framework of a strong bullish impulse, however, for purchases of the EUR/USD should wait for a correction. At the moment, there is a potential for a fall in the pair’s quotations to the region of the broken border of the rising channel, where again we should expect a rebound and the continued growth of the EUR/USD pair. EUR/USD Forecast Euro Dollar on May 19, 2017 In favor of the decrease, the values of the relative strength index (RSI) indicator from the resistance line also rebound. The cancellation of…
The currency pair British Pound to US Dollar GBP/USD continues to move within the ascending channel, the pair was able to break through the 1.30 area, thereby canceling the formation of the reversal forex pattern “Head and Shoulders”. At this point, we should expect an attempt to test the area of 1.2980, where again we should expect the continued growth of the pair British Pound to US Dollar. GBP/USD Forecast British Pound on May 19, 2017 In favor of the GBP/USD pair’s rebound, a test of a broken trend line will appear on the relative strength index (RSI) indicator. The…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the bearish channel. It is worth pressing down and trying to fall below the level of 0.7350. In favor of the fall of the pair AUD/USD is a rebound from the downward trend line on the indicator of relative strength index (RSI). AUD/USD prediction Australian Dollar on May 19, 2017 And also the formation of the bearish Wolfe wave. The cancellation of the falling of quotations Australian Dollar to US Dollar AUD/USD will be the breakdown of the area of 0.7480, which will indicate the continuation of the…