Stock index FTSE 100 is trading at the level of 7386.4. The FTSE 100 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the FTSE 100. A test area for signal lines near the level of 7320.0 is expected, from which it is expected to try to grow and develop a bullish trend at the stock exchange index near the level of 7450.0. Technical Analysis and Forecast FTSE 100 on May 12, 2017 Earlier, a medium strength signal was obtained for the purchases of the exchange index FTSE 100, due to…
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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.
Stock index DAX 30 is trading at the level of 12761.5. DAX 30 continues to trade 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 12640.0 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 12890.0. Technical Analysis and Forecast DAX 30 on May 12, 2017 Previously, a strong signal was obtained for the DAX 30 exchange index purchases, due to…
The currency pair Australian Dollar against US Dollar AUD/USD continues to move within a downward trend and at the moment the pair’s quotes are testing the area of the upper boundary of the descending channel. It is expected to rebound and fall in quotations AUD/USD in the area below the level of 0.73. AUD/USD Forex forecast & News on May 12, 2017 In favor of the fall is the breakdown of the lower boundary of the descending channel, as well as the formation of the reversal forex model of the Head and shoulders on the indicator of relative strength. Expect…
The currency pair British Pound to US Dollar GBP/USD breaks the lower limit of the Forex Wedge model, we should expect an attempt to continue the decline to the area below the level of 1.28, as we wrote in the previous forecast of GBP/USD. Technical analysis and GBP/USD forecast on May 12, 2017 A break of this level will indicate the continuation of the decline to the area below 1.2650. In favor of accelerating the decline will break through the lower limit of the Forex model of the Triangle on the indicator of relative strength. Cancellation of the option of…
The currency pair Euro to US Dollar EUR/USD continues to bargain near the support area, as the main option is to expect an attempt to correct the quotations of the euro dollar in the region above the level of 1.0950 as part of the completion of the reversal of the forex model of the head and shoulders. In favor of the fall, a dense test of the downward trend line will appear on the indicator of relative strength. EUR/USD Forecast Euro to US Dollar on May 12, 2017 However, we should not exclude the attempt of the breakdown of the…
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…
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…