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.

The stock index DAX 30 is trading at the level of 12018.6. DAX 30 continues to trade below the level of the moving average with a period of 55, indicating a bearish trend for DAX 30. Stock index quotes test the average border of the Bollinger Bands indicator bars. The index is expected to grow near the level of 12100.0, where again we should expect an attempt to continue the fall and further develop the bearish trend with the first target near the level of 11870.0. Bollinger Bands forecast DAX 30 on April 21, 2017 The conservative sales area is…

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The currency pair US Dollar to Japanese Yen USD/JPY is trading at 109,057. The pair is trading below the moving average with a period of 55, indicating a bearish trend for the US dollar. At the moment, the pair’s quotations are traded near the upper border of the Bollinger Bands indicator bars. An attempt is expected to insignificant growth to the level of 109.400, from which one should expect an attempt to continue the fall and further development of the downward trend in the US Dollar Yen with the first target near the level of 107.600. Bollinger Bands forecast USD/JPY…

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The currency pair Euro to US Dollar EUR/USD is trading at the level of 1.0757. Quotes of the pair continue to trade above the moving average with a period of 55, which indicates the existence of a bullish trend for the euro dollar. At the moment, quotes of the pair test the upper boundary of the bands of the indicator Bollinger Bands. It is expected to test the average border of the Bollinger Bands indicator bars near the level of 1.0700, where again we should expect an attempt to continue growth and further development of the upward trend for a…

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Quotes Oil WTI traded at the level of 51.33 dollars per barrel. Oil is trading below the moving average with a period of 55, indicating a bearish trend for WTI Oil. At the moment, quotes of the pair test the lower boundary of the bands of the Bollinger Bands indicator. The test of the average border of the Bollinger Bands indicator bars near the level of 52.20 is expected, where again we should expect an attempt to continue the fall and further development of the downward trend in Oil with the first target near the level of 49.50. Bollinger Bands…

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The currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.26. The pair continues to trade below the moving average with a period of 55, indicating a bearish trend for the US dollar, the Russian Ruble. At the moment, quotes of the pair test the average border of the bars of the indicator Bollinger Bands. We should expect an attempt to increase near the level of 56.60, where again we should expect an attempt to continue the fall and further development of the downward trend in the pair US dollar Russian ruble with the first target near the…

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The stock index Dow Jones is trading at 20439.6. Quotations Dow Jones continue to trade below the moving average with a period of 55, indicating a bearish trend for the Dow Jones. At the moment, the quotations of the exchange index are moving towards the middle border of the indicator strip Bollinger Bands. The index is expected to rise near the level of 20530.0, from which it is expected to continue the fall and further develop the bearish trend with the first target near the level of 20275.0. Bollinger Bands forecast Dow Jones on April 21, 2017 The conservative sales…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the expectations and are currently trading near the local maximum area. It is expected to fall in quotations in the area below the level of 0.6940. NZD/USD Forecast New Zealand Dollar on April 21, 2017 In favor of the fall is the formation of the reversal Forex Head and Shoulder models, as well as a tight test of the downward resistance line on the indicator of relative strength. The abolition of the reduction option will be the breakdown of the local maximum region. Important…

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Quotes of Gold XAU/USD continue to move within the upward trend and at the moment there is potential for rebound and continued growth of quotations and Gold prices in the region above the level of 1300. In favor of the growth of XAU/USD quotations, a dense test of the upward trend line on the indicator of relative strength appears. XAU/USD Forecast Gold prices on April 21, 2017 Cancellation of the growth option will be a fall and breakdown of the 1275 area, indicating that the decline will continue to fall below the level of 1260. Expect an acceleration in the…

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The currency pair Canadian Dollar to US Dollar USD/CAD continues to move within the upward trend and at the moment the pair quotes broke the upper limit of the downward channel, we should expect the pair to continue growing above 1.3550. USD/CAD Forecast Canadian Dollar on April 21, 2017 In favor of growth of quotations of the pair the Canadian dollar will perform a tight test of the upward trend line on the indicator of relative strength. The abolition of the development of the bullish trend will be the fall and breakdown of the 1.34 area, which will indicate the…

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The currency pair Pound to US Dollar GBP/USD continues to trade near the local maximum area and at the moment there is a potential for continuing growth in the area above the level of 1.29 as part of the development of the 1:1 bull model. GBP/USD Forecast British Pound on April 21, 2017 In favor of growth, a tight test of the lower boundary of the uplink will perform, as well as a rebound of the values of the relative strength indicator from the support area. Cancellation of the variant of the growth of quotations of the pound dollar will…

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