Stock index Dow Jones is trading at 20977.6. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend. Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 20940.0, from which one should expect an attempt of growth and further development of the bullish trend at the stock index with the target near the level 21150.0. Technical analysis and forecast Dow Jones on May 18, 2017 Earlier, a signal of medium strength was obtained for the sale stock index Dow Jones, due to the crossing of the signal lines…
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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.
Stock index FTSE 100 is trading at the level of 7519.6. The FTSE 100 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the FTSE 100. A signal lines area test is expected near the level 7440.0, from which it is expected to try to grow and develop a bullish trend at the stock index with target at level 7600.0. Technical Analysis and forecast FTSE 100 on May 18, 2017 Earlier, a medium strength signal was obtained for the buy of the stock index FTSE 100, due to the crossing of the…
Stock index DAX 30 is trading at the level of 12794.5. DAX 30 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the DAX 30. The stock index is expected to fall near the level of 12670.0, from which it is expected to try to grow and develop the bullish trend of the Stock index DAX 30 for growth near level 12940.0. Technical analysis and forecast DAX 30 on May 18, 2017 Previously, a strong signal was obtained for the buy stock index DAX 30, due to crossing of the signal lines…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the formation of the forex reversal pattern “Head and Shoulders”. Probably the pair has completed the formation of the right shoulder of the model “Head and Shoulders” and we should expect the continuation of the growth of the USD/RUB quotes already from the current levels. USD/RUB forecast US Dollar to Russian Ruble on May 18, 2017 In favor of the growth of the pair is a rebound from the rising trend line on the indicator of relative strength index (RSI). The cancellation of the growth for the pair…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade within a strong bearish impulse. At the moment, there is potential for the an upward correction to the area above the level of 0.9860, where again we should expect the pair USD/CHF to fall below 0.98. USD/CHF forecast US Dollar Franc on May 18, 2017 In favor of the fall a downtrend line test will perform on the relative strength index (RSI) indicator. The cancellation of the falling quotations US Dollar to Swiss Franc USD/CHF will be breakdown the area 0.99, which will indicate the continued growth of the…
Currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the downward channel and at the moment there is still potential for falling quotations in the area below the level of 0.6850. In favor of the fall is the test of the downward trend line on the indicator of relative strength index (RSI). NZD/USD forecast New Zealand Dollar on May 18, 2017 Cancel the option of falling quotes New Zealand Dollar to US Dollar will be the breakdown the area of 0.6950, indicating that the bullish correction to the area above the level of 0.7050. Expect to…
Quotes GOLD XAU/USD continue to move within the bullish trend. At the moment, we should expect a correction attempt to the area below the level of 1235, where again we should expect the continuation of the price increase for GOLD with the target at the level of 1265. XAU/USD Forex Forecast GOLD prices on May 18, 2017 In favor of the drop from the current level is the resistance area test on the indicator of relative strength index (RSI). Near the area of 1265, we should expect the formation of the Forex reversal pattern “Head and Shoulders” and the continuation…
Currency pair Canadian Dollar to US Dollar USD/CAD continues to move within the rising channel. At the moment, the pair is testing the area of the lower boundary of the bullish channel, which may indicate a rebound and continued growth USD/CAD in the area above the level of 1.3750. USD/CAD forecast Canadian Dollar on May 18, 2017 In favor of the growth of quotes the Canadian Dollar to US Dollar is the test of the support area on the initiator of relative strength index (RSI). The cancellation of the pair’s growth option will be the fall and breakdown of the…
Quotes of BRENT crude oil continue to move within the framework of an bullish correction. At the moment, we should expect the continuation of the fall in the area below the level of 51 dollars per barrel after a minor correction in the area of 51.80 dollars per barrel. Analysis and forecast BRENT crude oil on May 18, 2017 In favor of the drop is a rebound from the resistance level on the indicator of relative strength index (RSI). And also the potential formation of the reversal pattern “Head and Shoulders” on the BRENT price chart. The cancellation of the…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continues to move within the correction. At this point, we should expect an attempt to grow the pair in the area above the level of 112.90, whence again the depression is pressed to the area below the level of 111.20. USD/JPY outlook Japanese Yen on May 18, 2017 In favor of growth in the area of 112.90 will perform an uptrend support test on the indicator of relative strength index. Near the area of 111.20, one should expect the pair to turn upwards as part of the Forex forex…