Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to move in line with expectations and our previous forecast NZD/USD. At the moment, quotes are testing the local minimum area and were able to push off from the broken triangle model boundary. Forex forecast NZD/USD for tomorrow May 12, 2017 In favor of the fall of the pair is the breakdown of the ascending trend line on the indicator of relative strength. The target of the NZD/USD lowering may be the area below the level of 0.6750, the abolition of the continuation of the fall…
Author: forex24pro
Quotes of Gold XAU/USD continue to move within the downward correction, but at the moment there is potential for rebound and growth of quotations of the pair in the area above the level of 1240, where we should expect a test of the broken channel border. XAU/USD Forecast Gold Price on May 12, 2017 In favor of the growth of quotations and prices for gold is the breakdown of the downward trend line on the indicator of relative strength. The cancellation of the development of the growth of gold prices in the region above the level of 1240 will be…
Gold XAU/USD is trading at the level of 1224.44. Gold is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in gold. Gold is expected to increase near the level of 1231.00, from which it is expected to try to fall and further develop the bearish trend for Gold near the level of 1208.00. Technical analysis & prediction XAU/USD on May 11, 2017 Previously, a strong signal was received for the sale of Gold, due to the intersection of the signal lines at the level of 1262.80. The cancellation of the drop in Gold…
Currency pair US Dollar to South African Rand USD/ZAR is trading at the level of 13.4992. The pair is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the US dollar pair South African Rand. It is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 13.4500, from which one should expect an attempt of growth and further development of the bullish trend for the pair US Dollar South African rand near the level of 13.8200. USD/ZAR Forecast South African Rand on May 11, 2017 Earlier,…
Currency pair Euro to US Dollar EUR/USD is trading at 1.0862. The pair is traded inside the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend for the pair Euro Euro. The Ichimoku Cloud is expected to break near the level of 1.0840, with a further test of the lower boundary of the Ichimoku Cloud at the level of 1.0920, from which one should expect an attempt to fall and further develop the bearish tendency for the pair with the aim of reducing near the level of 1.0760. FOREX EUR/USD Prediction & analysis on May 11, 2017…
Currency pair US Dollar to Russian Ruble USD/RUB is trading at 57.79. The pair continues to trade above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates that there is an upward trend in the pair US dollar Russian ruble. A test of the signal line area near the level of 57.40 is expected, from which it is expected to try to grow and develop a bullish tendency for a pair with the purpose of growth near the level of 59.10. Ichimoku Kinko Hyo USD/RUB prediction on May 11, 2017 Earlier, a weak signal was generated for purchases…
Currency pair US Dollar to Japanese Yen USD/JPY is trading at 113.744. The pair continues to trade above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an upward trend in the pair US dollar Yen. It is expected to test the area of signal lines near the level of 113.300, from which one should expect an attempt of growth and further development of the bullish tendency for a pair with the purpose of growth near the level of 115.000. Technical analysis & USD/JPY prediction on May 11, 2017 Earlier, a weak signal was received…
Oil WTI is trading at the level of 46.65 dollars per barrel. Oil WTI is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a downward trend in Oil. It is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 47.10, from which one should expect an attempt to fall and develop a bearish tendency for a pair with a view to lower near the level of 44.00. Ichimoku Kinko Hyo WTI forecast crude oil on May 11, 2017 Earlier, we received a weak signal for…
Silver XAG/USD is trading at the level of 16.29. Silver continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in silver. The test of the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 16.50 is expected, from which one should expect an attempt to drop and develop a bearish trend along the Silver near the level of 15.90. XAG/USD forecast Silver price on May 11, 2017 Previously, a weak signal was generated for the sale of Silver, due to the intersection of the signal lines at the level…
Currency pair New Zealand Dollar to US dollar NZD/USD is trading at 0.6948. The pair is trading inside the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend in the New Zealand Dollar pair. The pair is expected to exit the Ichimoku Cloud near the 0.6960 level, then the test of the lower boundary of the Ichimoku Kinko Hyo Cloud at 0.6945 will be followed, from which one should expect an attempt of growth and development of a bullish trend for the pair with a target of growth near the level of 0.7030. Ichimoku Kinko Hyo prediction…