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.

Stock index FTSE 100 completes the trading week at 7396.3. The FTSE 100 broke through the Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, which indicates an upward trend in the FTSE 100. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 7350.0, where an attempt is expected to grow and develop the bullish trend for the FTSE 100 Stock Index With the first goal near the level of 7550.0. FTSE 100 forecast for the week May 15 — 19, 2017 Earlier, a weak signal was received for the purchases of…

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Stock index DAX 30 completes the trading week at the level of 12728.7. DAX 30 is trading 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 12325.0 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 13070.0. DAX 30 forecast for the week May 15 — 19, 2017 Previously, a strong signal was obtained for the purchases of the DAX 30…

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Stock index NASDAQ completes the trading week at 5674.1. The NASDAQ is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the NASDAQ. A test of the signal line area near the level of 5550.0 is expected, from which one should expect an attempt to grow and develop the bullish trend on the Stock Index NASDAQ with a view to growth near the level of 5810.0. NASDAQ forecast for the week May 15 — 19, 2017 Earlier, a strong signal was received for the purchases of the Stock Index NASDAQ, due to the…

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Currency Pair Australian Dollar against US Dollar AUD/USD continues to move near the broken border of the downward channel and at the moment there is still potential for falling quotations in the area below the level of 0.73. In favor of the fall, a dense test of the downward trend line will appear on the indicator of relative strength. AUD/USD Australian Dollar Forecast & News on May 15, 2017 Cancellation of the variant of falling quotations AUD/USD will break through the area of 0.7430, which indicates the continued growth of quotations in the area above the level of 0.75. Expect…

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The currency pair British Pound to US Dollar GBP/USD continues to be traded outside the Wedge model, we should expect an attempt to continue the decline to the area below the level of 1.28. With the breakdown of this area, we expect the decline to continue below the level of 1.27. GBP/USD Forecast Forex British Pound on May 15, 2017 In favor of falling quotations, the Pound Dollar will perform a downward resistance test on the relative strength indicator. The cancellation of the GBP/USD decline will result in a strong growth and breakdown of the area of 1.2950, which will…

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The currency pair EUR/USD Euro to US Dollar continues to trade near the support area. At the moment, there is the potential for a rapid breakdown of this area and the continuation of the decline to the level of 1.0750. In favor of the fall is the formation of the head and shoulders reversal pattern on the relative strength indicator, as well as the rebound from the downward resistance line to the RSI. Forex Forecast EUR/USD (Euro/Dollar) on May 15, 2017 Canceling the variant of the euro’s fall, the dollar will be a breakdown of the area 1.09, which indicates…

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The currency pair USD/CAD US Dollar to Canadian Dollar continues to move within the lateral trend and at the moment it is necessary to expect a tight test of the support area and the continued growth of the pair’s quotations to the area above the level of 1.3750. USD/CAD Forecast Canadian Dollar on May 15, 2017 In favor of growth will perform a test of the lower boundary of the Forex Triangle model on the indicator of relative strength. Expect to accelerate the growth of quotations USD/CAD stands with the breakdown of the upper limit of the model Triangle. The…

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Quotes of BRENT crude oil continue to move within the ascending channel. At the moment, the indicator of relative strength is formed by the reversal Forex model. The failed swing, which indicates a potential breakdown of the area of $ 50 per barrel with closing prices. Analysis and BRENT crude oil Forecast on May 15, 2017 It is worth reviving the attempt to fall into the area of the lower boundary of the channel. In favor of the fall will also breakdown the upward trend line on the indicator of relative strength. Cancellation of the variant of falling quotations and…

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Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the upward trend and at the moment we should expect the pair to continue growing. In favor of the bull tendency, a lower channel test will be performed, as well as a support line test on the relative strength indicator. USD/JPY Forex Forecast US Dollar to Yen on May 15, 2017 The cancellation of the pair’s growth option will result in a drop and a breakdown of 113.00 level, which will indicate a drop to the area below the level of 112.50. Expect the acceleration…

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The currency pair USD/RUB US Dollar to Russian Ruble continues to move within the correction, it is worth to expect an attempt to fall below 56.70 rubles per US dollar. Near this level, one should expect the formation of an upside-down Forex Head and Shoulder model and the growth of USD/RUB quotations with a potential growth target above the level of 62 rubles per US dollar. USD/RUB Forecast US Dollar to Russian Ruble on May 15, 2017 In favor of growth of quotations of the Dollar Ruble pair, a support line test will be performed on the indicator of relative…

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