Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the downward channel. At the moment, the potential for falling AUD/USD quotations in the area below the level of 0.7450 remains. In favor of the drop is the upper channel test, as well as the downtrend line resistance test on the relative strength index indicator. AUD/USD forecast Australian Dollar on May 18, 2017 Canceling the option of continuing the fall of the Australian Dollar to US Dollar will be a breakdown of the area of 0.7460, indicating that the pair will continue to grow. Among the important news…
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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.
The currency pair British Pound to US Dollar GBP/USD continues to bargain within the framework of the reversal forex model Head and shoulders. It is worth waiting for an attempt to fall into the area below the level of 1.27. In favor of the fall is a test of the downward trend line on the indicator of relative strength index. Expect to accelerate the fall of quotations of the pair British Pound to US Dollar is with the breakdown of the area of 1.2850. GBP/USD forecast US Dollar to Pound on May 18, 2017 Cancellation of the variant of falling…
The currency pair Euro to US Dollar EUR/USD continues to trade within a strong bullish imlulse, but at the moment the quotes test the upper limit of the Forex model “Expanding Formation”. What can indicate an attempt to correct the pair in the region of the broken edge of the bullish channel. The target of the fall is the area at the level of 1.1010. EUR/USD Forex forecast Euro Dollar on May 18, 2017 In favor of the drop is the resistance line test on the relative strength index indicator. Canceling the option of developing a correction for a pair…
Trading signals Euro Dollar EUR/USD on May 17, 2017 Sale at the current price of 1.1110, StopLoss is set for 1.1130, the target is to decrease 1.1060. Trading signals Japanese Yen USD/JPY on May 17, 2017 Buy at the current price of 112.40, StopLoss put for 112.00, the target of growth is 113.00. Trading signals Australian Dollar AUD/USD on May 17, 2017 Buy at the current price of 0.7432, StopLoss is set at 0.7395, the target of growth is 0.7510.
The currency pair Canadian Dollar to US Dollar USD/CAD continues to move within the flat trend. At the moment, there is a potential for a pair of quotes rebound into the area below the level of 1.3600. With the breakdown of the downward trend line on the indicator of relative strength, we expect the pair USD/CAD to continue growing above the local maximum level. The abolition of the growth option will be the fall and breakdown of the 1.3550 area. USD/CAD forecast Canadian Dollar on May 17, 2017 Among the important news from Canada, which can have a strong impact…
Quotes of BRENT crude oil continue to move within the framework of an upward correction. At the moment, there is still potential for falling quotations and oil prices in the region below the level of $ 50 per barrel. In favor of the fall is the formation of the reversal Forex model “Head and Shoulders” on the indicator of relative strength index. BRENT forecast crude oil prices on May 17, 2017 An additional signal is also the breakdown of the ascending trend line on the indicator of relative strength. The cancellation of the option could be the breakdown of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the descending channel and at the moment it is expected to try to continue falling to the area below the level of 0.73. In favor of the fall of the pair is the test of the downward trend line on the indicator of relative strength, as well as the upper channel test. AUD/USD forecast Australian Dollar on May 17, 2017 The cancellation of the variant of falling quotations of the pair Australian Dollar to US Dollar AUD/USD will be the breakdown of the area of 0.7460, which will…
The currency pair British Pound to US Dollar GBP/USD continues to be traded within the framework of the forex model “Head and Shoulders”. At the moment, the quotes of the pair protested the formation of the right shoulder of the model and we should expect an attempt to continue the fall. GBP/USD forecast British Pound on May 17, 2017 In favor of the drop comes a rebound from the resistance area on the indicator of relative strength index. Expect to accelerate the fall of the pair British Pound to US Dollar GBP/USD with the breakdown of the Neckline Forex reversal…
The currency pair Euro to US Dollar EUR/USD continues to trade within a strong upward momentum. At the moment, there is potential for the formation of the Expanding Formation model, which involves testing the upper boundary of the model and the beginning of the fall. EUR/USD forecast Euro Dollar on May 17, 2017 It is worth waiting for the test area 1.1075, where we can expect an attempt to reduce the euro dollar. The cancellation of the fall variant of the pair will be the breakdown of the region 1.11. Consider selling the pair Euro to US Dollar EUR/USD with…
Quotes of GOLD XAU/USD continue to move within the framework of an upward correction and are currently testing the resistance area. The potential for rebounding and falling prices and GOLD prices in the area below the level of 1210 is maintained. XAU/USD forecast Gold prices on May 17, 2017 In favor of the drop, breakdown of the upward trend line on the indicator of relative strength acts. The cancellation of the fall of XAU/USD quotations will result in a strong growth and breakdown of the 1240 area, which will indicate the continued growth of GOLD quotations. XAU/USD forecast Gold prices…