Quotes of BRENT crude oil continue to move within the framework of strong growth. At the moment, quotes are testing the resistance area and there is a potential for an attempt to rebound and fall oil prices in the area below the level of 51 dollars per barrel. In favor of the fall, a breakdown of the upward trend line will appear on the indicator of relative strength, which indicates the test of the local minimum area. BRENT forecast crude oil prices on May 16, 2017 The abolition of the falling Brent crude oil will be a strong rise in…
Author: forex24pro
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 Canadian Dollar to US Dollar USD/CAD continues to move within the rising channel. The pair broke through the support area and at the moment there is a potential for a fall to the lower channel boundary at 1.3575, from which it is expected to rebound and continue the pair’s growth. USD/CAD forecast Canadian Dollar on May 16, 2017 In favor of the rebound is the test of the support area on the indicator of relative strength. The cancellation of the pair USD/CAD growth will be the fall and breakdown of the 1.3550 area, which will point to the…
Currency pair US Dollar to Turkish Lira USD/TRY is trading at 3.5618. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in the pair US Dollar to Turkish Lira. Ichimoku Kinko Hyo Cloud test is expected near the level of 3.5620, from which it is expected to try to grow and develop the bullish trend for the pair near the level of 3.6200. USD/TRY forecast Turkish Lira on May 16, 2017 Earlier, a weak signal was received for the sale of the pair US Dollar to Turkish…
Currency pair US Dollar to Polish Zloty USD/PLN is trading at 3.8521. The pair is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend in the pair US Dollar to Polish Zloty. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 3.8550, where one should expect a fall in the pair’s quotations and further development of the bearish trend near the level of 3.7900. USD/PLN forecast Polish Zloty on May 16, 2017 Earlier, a weak signal was generated for the buy of the pair US…
Currency pair Australian Dollar to Japanese Yen AUD/JPY is trading at 84.131. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair Australian Dollar to Japanese Yen. It is expected to test the area of signal lines near the level of 83.800, from which one should expect an attempt to grow and develop a bullish tendency for a pair with a target of growth near the level of 85,000. Ichimoku Kinko Hyo forecast AUD/JPY on May 16, 2017 Earlier, a medium strength signal was received for buy of…
Currency pair Australian Dollar to Swiss Frank AUD/CHF is trading at 0.7413. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating that there is an upward trend in the pair Australian Dollar to Swiss Franc. Ichimoku Kinko Hyo Cloud near the level of 0.7400 is expected to test the upper boundary of the Cloud, from which one should expect an attempt of growth and development of the bullish tendency on the pair with the purpose of growth near the level of 0.7510. Ichimoku Kinko Hyo forecast AUD/CHF on May 16, 2017 Earlier, a weak…
Currency pair US Dollar to Mexican Peso USD/MXN is trading at the level of 18.7283. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the pair US Dollar to Mexican Peso. The pair is expected to rise near the level of 18.8400, from which it is expected to try to fall and develop a bearish trend for a pair with a view to lower near the level of 18.5200. USD/MXN forecast Mexican Peso on May 16, 2017 Earlier, a weak signal was received for the sale of the pair US…
Currency pair Australian Dollar to Canadian Dollar AUD/CAD is trading at the level of 1.0128. The pair is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in the pair Australian Dollar to Canadian Dollar. Ichimoku Kinko Hyo Cloud lower boundary test is expected near the level 1.0140, from which one should expect an attempt to fall and develop a bearish trend for this pair in order to reduce the level of 0.9960. Ichimoku Kinko Hyo forecast AUD/CAD on May 16, 2017 Earlier, we received a weak signal for buy of the pair Australian…
Currency pair British Pound to Japanese Yen GBP/JPY is trading at 146.614. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the pair of British Pound to Japanese Yen. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 146.200, from which one should expect an attempt at growth and development of the bullish tendency for the pair with a target of growth near the level of 149.400. GBP/JPY forecast Pound Japanese Yen on May 16, 2017 Earlier, a weak signal was received for the sale…
Currency pair Canadian Dollar to Swiss Franc CAD/CHF is trading at 0.7318. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the pair Canadian Dollar to Swiss Franc. Ichimoku Kinko Hyo Cloud test is expected near the level of 0.7270 from which we should expect an attempt to grow and develop the bullish trend of the pair with the purpose of growth near the level of 0.7460. Ichimoku Kinko Hyo CAD/CHF forecast on May 16, 2017 Earlier, a weak signal was received for the sale of the Canadian Dollar to…