Quotes of XAU/USD Gold continue to move within the limits of the decline and at the moment there is a potential for testing the upper limit of the descending channel and continuing the fall. The goal of lowering quotations and prices for Gold is below the 1200 level. XAU/USD Forecast Gold prices on May 9, 2017 In favor of the fall of XAU/USD, a downtrend test on the relative strength indicator will perform. The cancellation of the variant of the fall in quotations will cause a strong growth and the breakdown of the area of 1240, which will indicate the…
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.
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to test the area of the lower boundary of the Forex Triangle model. It is worth waiting for an attempt to rebound and continue the decline in the area below the level of 0.6850. NZD/USD Forecast New Zealand Dollar on May 9, 2017 In favor of falling quotes NZD/USD is the test of the downward resistance line on the indicator of relative strength. The cancellation of the fall of the pair’s quotations will result in a strong growth and breakdown of the 0.70 area, which will…
The currency pair US Dollar to Swiss Franc USD/CHF continues to trade as part of the formation of the right shoulder of the reversal Forex Head and Shoulder models. It is expected to continue the growth of the pair with the first target near the area of 1.0050. USD/CHF Forecast US Dollar to Swiss Franc on May 9, 2017 In favor of the growth of quotations of the Dollar Franc pair, rebound the values of the relative strength indicator from the support line, which also indicates the end of the decline and continued growth of the pair. Abolition of the…
The currency pair Euro to US Dollar EUR/USD continues to trade near the local maximum area, at small time intervals, form the reversal Forex Head and Shoulders model. It is worth waiting for an attempt to continue the fall of the euro against the US dollar in the area below the level of 1.0850, as part of the model’s development. EUR/USD Forecast Euro to US Dollar on May 9, 2017 The abolition of the first dollar’s decline option will be a strong growth and breakdown of the local maximum area, which will indicate that the pair’s quotes continue to grow…
The currency pair Pound to US Dollar GBP/USD continues to trade near the local maximum area, it is worth waiting for an attempt to test the upper border of the channel and the beginning of the fall of quotations to the area of 1.2850. GBP/USD Forecast Pound to US Dollar on May 9, 2017 In favor of the fall of the pound against the US dollar on Forex, the downward resistance line test is on the indicator of relative strength. The cancellation of the fall of the pair’s quotes will result in a strong growth and breakdown of the area…
The currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction from the lower boundary of the downward channel. At the moment, with the pair rising to the area above the level of 0.7460, it is necessary to expect the completion of the formation of the downward Forex model of the Wolfe wave, which will indicate a fall below the local minimum level. AUD/USD Forecast Australian Dollar on May 9, 2017 In favor of falling quotations AUD/USD will test the resistance area on the indicator of relative strength. The cancellation of the variant of the fall…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continue to test the upper limit of the downward channel, it is worth waiting for the attempt of the Japanese Yen’s rebound and fall in the area below the level of 111.05. USD/JPY Forecast Japanese Yen on May 9, 2017 In favor of falling USD/JPY quotes on FOREX is the formation of a reversal Forex model. The failed swing, which indicates the breakdown of the area of 112.00 with closing prices. The cancellation of the Yen Dollar decline option will result in a strong growth and breakdown of the…
Quotes of BRENT oil continue to move within the framework of the development of the upward correction and at the moment it is necessary to expect a tight test of the resistance area and the continuation of falling quotations in the area below the level of $ 47 per barrel. BRENT forecast crude oil prices on May 9, 2017 In favor of the fall is also a resistance test on the indicator of relative strength. Cancellation of the variant of falling quotations and oil prices will be a strong growth and breakdown of the region of $ 50.50 per barrel,…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of the downward correction development. At the moment, we should expect an attempt to fall into the lower border of the rising channel, where we can expect the pair USD/CAD to continue growing. USD/CAD Forecast Canadian Dollar on May 9, 2017 In favor of the growth of quotations, a test of the uplink of support on the indicator of relative strength will perform. The cancellation of the Canadian Dollar growth variant against the US Dollar will break through the area of 1.3470, indicating that the…
Trading signals Euro Dollar EUR/USD on May 8, 2017 The sale is from the level of 1.0992, StopLoss is set for 1.1015, the target is to decrease 1.0880. Trading signals Canadian Dollar USD/CAD on May 8, 2017 Sale from the level of 1.3700, StopLoss set for 1.3720, the target of the fall is 1.3550. Trading signals Australian Dollar AUD/USD on May 8, 2017 Buy at the current price (0.7416), StopLoss set for 0.7350, the target of growth is 0.7440.