The currency pair USD/CAD US Dollar to Canadian Dollar continues to move within the upward trend and at the moment there is still potential for continuing growth in the area above the 1.3750 level. In favor of the growth of the quotations of the pair, a tight test of the support line will appear on the indicator of relative strength. Forex Analytics and USD/CAD forecast on May 12, 2017 It is worth to expect the test area 1.3650 and the continuation of the growth of quotations USD/CAD, in case of breakdown of the area 1.3650, we should expect another attempt…
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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 oil were able to break through the resistance at 50.50 and at the moment there is a potential for the development of a decline in the area below the level of $ 50 per barrel, where again one should expect an attempt at oil growth. In favor of the rebound will test the lower limit of the uplink, as well as a test of the support line on the indicator of relative strength. Technical analysis and forecast BRENT on May 12, 2017 The cancellation of the variant of growth of quotations and prices for BRENT oil will…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the strong upward trend, at the moment there is a potential for falling quotations to the lower boundary of the uplink at the level of 113.50, where it is expected to continue falling to the area above the level of 115.50. USD/JPY Forecast Japanese Yen on May 12, 2017 In favor of growth of quotations of the pair, the Yen Dollar will perform a tight test of the upward trend line on the indicator of relative strength. Canceling the option of continuing the growth of…
The currency pair US Dollar to Russian Ruble USD/RUB continues to move within the limits of the decline, the pair correction took place slightly deeper than expected in the previous forecast USD/RUB. At the moment, we should expect a tight test of the lower border of the rising channel and the continuation of the growth of the Dollar Ruble quotations to the area above the level of 58 rubles per US dollar. USD/RUB Forecast US Dollar to Russian Ruble on May 12, 2017 In favor of the USD/RUB growth, an uptrend test on the relative strength indicator will perform, the…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade as part of an inverted Forex model of the Head and Shoulders model. At the moment, we should expect an attempt to fall below 1.0040, where the test of the neckline of the reversal pattern will take place, where again we should expect a rebound and continued growth of the pair in the area above the level of 1.0250. USD/CHF Forecast US Dollar to Swiss Frank on May 12, 2017 The cancellation of the variant of the rapid growth of quotations of the Dollar Frank pair will be the…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to move in line with expectations and our previous forecast NZD/USD. At the moment, quotes are testing the local minimum area and were able to push off from the broken triangle model boundary. Forex forecast NZD/USD for tomorrow May 12, 2017 In favor of the fall of the pair is the breakdown of the ascending trend line on the indicator of relative strength. The target of the NZD/USD lowering may be the area below the level of 0.6750, the abolition of the continuation of the fall…
Quotes of Gold XAU/USD continue to move within the downward correction, but at the moment there is potential for rebound and growth of quotations of the pair in the area above the level of 1240, where we should expect a test of the broken channel border. XAU/USD Forecast Gold Price on May 12, 2017 In favor of the growth of quotations and prices for gold is the breakdown of the downward trend line on the indicator of relative strength. The cancellation of the development of the growth of gold prices in the region above the level of 1240 will be…
Gold XAU/USD is trading at the level of 1224.44. Gold is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in gold. Gold is expected to increase near the level of 1231.00, from which it is expected to try to fall and further develop the bearish trend for Gold near the level of 1208.00. Technical analysis & prediction XAU/USD on May 11, 2017 Previously, a strong signal was received for the sale of Gold, due to the intersection of the signal lines at the level of 1262.80. The cancellation of the drop in Gold…
Currency pair US Dollar to South African Rand USD/ZAR is trading at the level of 13.4992. The pair is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the US dollar pair South African Rand. It is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 13.4500, from which one should expect an attempt of growth and further development of the bullish trend for the pair US Dollar South African rand near the level of 13.8200. USD/ZAR Forecast South African Rand on May 11, 2017 Earlier,…
Currency pair Euro to US Dollar EUR/USD is trading at 1.0862. The pair is traded inside the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend for the pair Euro Euro. The Ichimoku Cloud is expected to break near the level of 1.0840, with a further test of the lower boundary of the Ichimoku Cloud at the level of 1.0920, from which one should expect an attempt to fall and further develop the bearish tendency for the pair with the aim of reducing near the level of 1.0760. FOREX EUR/USD Prediction & analysis on May 11, 2017…