Gold XAU/USD is trading at the level of 1222.88. Gold continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in gold. It is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 1231.00, from which one should expect an attempt to fall and further develop the bearish trend for Gold near the level of 1207.00. Technical Analysis & Prediction XAU/USD on May 12, 2017 Previously, a strong signal was received for the sale of Gold, due to the intersection of the signal lines at the…
Author: forex24pro
Silver XAG/USD is trading at the level of 16.35. Silver is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in silver. The test of the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 16.50 is expected, from which one should expect an attempt to drop and develop a bearish trend along the Silver near the level of 15.90. XAG/USD Forecast Silver prices on May 12, 2017 Previously, a weak signal was generated for the sale of Silver, due to the intersection of the signal lines at the level of…
The stock index NASDAQ is trading at 5681.4. The NASDAQ is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the NASDAQ. The fall of quotations of the stock index near the level of 5640.0 is expected, from which one should expect an attempt to grow and develop the bullish trend on the NASDAQ exchange index near the level of 5740.0. Technical Analysis and Forecast NASDAQ on May 12, 2017 Earlier, a weak signal was received for the purchases of the NASDAQ Exchange Index, due to the intersection of the signal lines at…
Stock index S&P 500 is trading at the level of 2399.3. The S&P 500 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in the S&P 500. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 2391.0, from which it is expected to try to grow and develop the bullish trend at the stock index near the level of 2415.0. Technical Analysis and Forecast S&P 500 on May 12, 2017 Earlier, a strong signal was received for the purchases of the stock exchange index S&P 500, due…
The stock index Dow Jones is trading at 20940.7. Dow Jones is trading inside the Ichimoku Cloud, indicating a side trend on the Dow Jones. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 20960.0, from which it is expected to test the lower boundary of the Ishimoku Cloud near the level of 20790.0. Technical Analysis and Forecast Dow Jones on May 12, 2017 Earlier, a weak signal was received for the sale of the Dow Jones exchange index, due to the intersection of the signal lines at the level of 20945.0. Consider selling is…
Stock index FTSE 100 is trading at the level of 7386.4. The FTSE 100 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the FTSE 100. A test area for signal lines near the level of 7320.0 is expected, from which it is expected to try to grow and develop a bullish trend at the stock exchange index near the level of 7450.0. Technical Analysis and Forecast FTSE 100 on May 12, 2017 Earlier, a medium strength signal was obtained for the purchases of the exchange index FTSE 100, due to…
Stock index DAX 30 is trading at the level of 12761.5. DAX 30 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in the DAX 30. A test of the signal line area near the level of 12640.0 is expected, from which it is expected to try to grow and develop the bullish trend of the DAX 30 Stock Index for growth near the level 12890.0. Technical Analysis and Forecast DAX 30 on May 12, 2017 Previously, a strong signal was obtained for the DAX 30 exchange index purchases, due to…
The currency pair Australian Dollar against US Dollar AUD/USD continues to move within a downward trend and at the moment the pair’s quotes are testing the area of the upper boundary of the descending channel. It is expected to rebound and fall in quotations AUD/USD in the area below the level of 0.73. AUD/USD Forex forecast & News on May 12, 2017 In favor of the fall is the breakdown of the lower boundary of the descending channel, as well as the formation of the reversal forex model of the Head and shoulders on the indicator of relative strength. Expect…
The currency pair British Pound to US Dollar GBP/USD breaks the lower limit of the Forex Wedge model, we should expect an attempt to continue the decline to the area below the level of 1.28, as we wrote in the previous forecast of GBP/USD. Technical analysis and GBP/USD forecast on May 12, 2017 A break of this level will indicate the continuation of the decline to the area below 1.2650. In favor of accelerating the decline will break through the lower limit of the Forex model of the Triangle on the indicator of relative strength. Cancellation of the option of…
The currency pair Euro to US Dollar EUR/USD continues to bargain near the support area, as the main option is to expect an attempt to correct the quotations of the euro dollar in the region above the level of 1.0950 as part of the completion of the reversal of the forex model of the head and shoulders. In favor of the fall, a dense test of the downward trend line will appear on the indicator of relative strength. EUR/USD Forecast Euro to US Dollar on May 12, 2017 However, we should not exclude the attempt of the breakdown of the…