Author: 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 New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel and at the moment there is still potential for falling quotations in the area below the level of 0.68. In favor of the drop, the rebound of the values of the relative strength index indicator from the descending line of the trend appears. NZD/USD forecast New Zealand Dollar on May 17, 2017 Cancellation of the variant of NZD/USD quotations fall will be a strong growth and breakdown of the area of 0.6930, which will indicate the continuation of the development of the upward correction…

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Currency pair US Dollar to Swiss Franc USD/CHF continues to trade within a strong fall and at the moment it is expected to continue the decline in the an area of the level of 0.9875 within the limits of the test of the lower limit of the Forex Triangle model. Near this level, you should expect a rebound and continued growth of quotations in the area above the level of 0.9970. USD/CHF forecast Swiss Franc on May 17, 2017 In favor of the rebound of the pair US Dollar to Swiss Franc USD/CHF is a test of the support area…

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Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of the formation of the reversal Forex model. It is worth waiting for an attempt to rebound and start the pair’s quotes growth in the area above the level of 58 Rubles per US Dollar. USD/RUB forecast Russian Ruble on May 17, 2017 In favor of the growth of the pair US Dollar to Russian Ruble is the test of an upward trend line on the indicator of relative strength. Expect the acceleration of the growth of quotations of the pair US Dollar to Russian Ruble…

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Brent crude oil is trading at $ 52.05 per barrel. Brent crude continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in oil. It is expected to test the area of signal lines near the level of 51.00, from which one should expect an attempt to grow and develop the bullish trend for Oil near the level of 53.90. Ichimoku Kinko Hyo forecast Brent oil on May 17, 2017 Earlier, we received a weak signal for buy of Brent Oil, due to the crossing of the signal lines at the level of…

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Gold XAU/USD is trading at the level of 1234.65. Gold is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend over Gold. The Ichimoku Kinko Hyo Cloud upper limit test is expected near level 1242.0, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 1225.00. Ichimoku Kinko Hyo forecast XAU/USD on May 17, 2017 Earlier, we received a weak signal for buy of GOLD, due to the crossing of the signal lines at the level of 1225.00. Consider buying is worthwhile with the…

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Silver XAG/USD is trading at the level of 16.71. Silver continues to trade within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend over Silver. Silver quotes test the upper boundary of the Ichimoku Kinko Hyo Cloud at 16.70, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 16.25. Ichimoku Kinko Hyo forecast XAG/USD on May 17, 2017 Previously, a weak signal was generated for buy Silver, due to the crossing of the signal lines at the level of 16.28. Consider buying is worthwhile with…

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Currency pair US Dollar to Japanese Yen USD/JPY is trading at 113.368. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in the pair US Dollar to Japanese Yen. The pair is expected to enter the Ichimoku Kinko Hyo Cloud near the level of 113.200, from which one should expect an attempt of growth and further development of the bullish tendency for the pair with the purpose of growth near the level of 114.700. Ichimoku Kinko Hyo forecast USD/JPY on May 17, 2017 Earlier, a weak signal was received for…

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Currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.21. The pair continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a downward trend in the pair US Dollar to Russian Ruble. Ichimoku Kinko Hyo Cloud is expected to test near the level 56.60, from where it is worth to expect an attempt to fall and develop a bearish tendency for a pair with a view to lower near the level of 55.30. Ichimoku Kinko Hyo forecast USD/RUB on May 17, 2017 Earlier, a weak signal was generated for the sale of the…

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Currency pair US Dollar to Canadian Dollar USD/CAD is trading at 1.3621. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a downward trend in the pair US Dollar to Canadian Dollar. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level 1.3690, from which it is expected to try to fall and develop the bearish trend for the pair US Dollar to Canadian Dollar near the level of 1.3460. Ichimoku Kinko Hyo forecast USD/CAD on May 17, 2017 Earlier, a medium strength signal was generated for the sale…

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The currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9938. The pair broke through the Ichimoku Kinko Hyo Cloud and began to trade below its lower limit, indicating a downward trend in the pair US Dollar to Swiss Franc. Ichimoku Kinko Hyo Cloud near the level of 0.9970 is expected to be tested, from which it is expected to try to fall and develop the bearish trend for the pair US Dollar to Swiss Franc near the level of 0.9880. Ichimoku Kinko Hyo forecast USD/CHF on May 17, 2017 Earlier, a weak signal was received for the…

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