The stock index NASDAQ is trading at 5677.6. The NASDAQ continues to trade above the upper boundary of the Ichimoku Cloud, indicating an upward trend in the NASDAQ. The fall of quotations of the exchange’s index near the level of 5645 is expected, from which one should expect an attempt to grow and develop the bullish trend on the NASDAQ exchange index near the level of 5730.0. Technical analysis NASDAQ & forecast on May 11, 2017 Earlier, a weak signal was received for the purchases of the NASDAQ Exchange Index, due to the intersection of the signal lines at the…
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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.
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the upward trend and at the moment there is a potential for the pair to continue to grow. It is worth waiting for an attempt to fall below 1.36, from which we can expect the spike and continue the pair’s growth in the area above 1.3750 as part of the development of the bull forex model of the Wolf wave. USD/CAD Forecast Canadian Dollar on May 11, 2017 In favor of the growth of quotations will perform a tight test of the support line on the indicator…
Quotes of BRENT crude oil continue to move in a downward trend and are currently pushing away from the area of resistance. It is worth waiting for an attempt to continue falling into the area below the level of $ 47 per barrel. Technical analysis & forecast crude oil on May 11, 2017 In favor of falling quotations and prices for oil BRENT is the test of the descending line of resistance on the indicator of relative strength. The abolition of the fall in the price of oil will be a strong increase and breakdown of the region of 50.50…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of a strong upward trend. At this point, we should expect the pair to continue to grow after testing the bottom of the uplink. The purpose of the growth of the pair of Yen Dollar is the area at the level above 115.00. USD/JPY Forecast Dollar Yen exchange rate May 11, 2017 In favor of the growth of USD/JPY quotations, a dense test of the upward trend line will appear on the indicator of relative strength. The cancellation of the variant of growth…
The currency pair Australian Dollar against the US Dollar AUD/USD went into the development of the upward correction, but the potential for falling pair quotes remains. AUD/USD tests the area of the upper boundary of the downlink, it is worth expecting a rebound in the area below the level of 0.73. AUD/USD Prediction Australian Dollar on May 11, 2017 Cancel the option of falling quotations of the pair continues the Australian Dollar to the US Dollar will break through the area of 0.74, indicating that the growth of quotations continues. An additional signal is the resistance area test on the…
The currency pair British Pound to US Dollar GBP/USD continues to test the local maximum area. At the moment, the potential for falling quotations of the pound-dollar pair to the area below the level of 1.2850 remains. In favor of the drop is a rebound from the descending line of resistance on the indicator of relative strength. Technical analysis & GBP/USD Forecast Forex on May 11, 2017 And also the formation of the Wedge reversal model, which indicates the breakdown of the lower boundary and the continuation of the decline into the area below the level of 1.2770. Expect the…
The currency pair Euro to US Dollar EUR/USD continues to trade as part of the start-up of the bearish wave model of Wolf with a potential drop target near the area of 1.04. At the moment, the pairs are testing the support area, which indicates a possible rebound to the area above the level of 1.0940, from which it is expected to try to turn and fall into the area below the level of 1.07 as part of the development of the head and shoulders reversal model. Technical analysis & forecast EUR/USD on May 11, 2017 An additional signal in…
The currency pair USD/RUB US Dollar to Russian Ruble demonstrates correction and at the moment one should expect a tight test of the support area near the area of 57.50 rubles per US dollar. Whence it is necessary to expect the continuation of growth of quotations of the Dollar Ruble pair in the region above the level of 59 rubles per US dollar. USD/RUB Forecast Dollar Ruble exchange rate May 11, 2017 In favor of the growth of the pair will perform a test of the turn line on the indicator of relative strength. The abolition of the growth option…
Currency pair Dollar to Swiss Franc USD/CHF continues to trade as part of Forex development models Head and shoulders Quotations of the pair have broken through the area of the Neck line, we should expect the attempt of the test of the broken line and continuation of the pair’s growth to the area above the level of 1.0150. USD/CHF Forecast US Dollar to Swiss Franc on May 11, 2017 The cancellation of the growth option may be the fall of the breakdown of the area of 0.9970. Expect the acceleration of the pair’s growth. The Franc Dollar stands with the…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to move within the lateral trend and at the moment there is still potential for falling quotes. In favor of the decline is a tight test of the downward trend line on the indicator of relative strength. Technical analysis & NZD/USD Forecast on May 11, 2017 The purpose of falling NZD/USD is the area below the level of 0.6850. With the breakdown of the area of the lower border of the Forex Triangle model, one should expect an acceleration of the NZD/USD price drop. Canceling the…