Stock index DAX 30 is trading at the level of 12026.9. DAX 30 is trading below the moving average with a period of 55, indicating a bearish trend for the DAX 30. The stock index benchmarks tested the lower boundary of the Bollinger Bands indicator bars and moved toward the middle border. It is worth waiting for the test of the average border of the Bollinger Bands indicator bars near the level of 12090.0, where again we should expect an attempt to continue falling with the first target near the level of 11860.0. Bollinger Bands DAX 30 forecast on April…
Author: forex24pro
Brent crude is trading at $ 55.36 a barrel. Brent oil began to bargain inside the Ichimoku Cloud, which indicates the presence of a lateral trend for Oil. It is expected to test the upper boundary of the Iсhimoku Cloud near the level of 55.80, from which it is expected to test the lower boundary of the Ishimoku Cloud near the level of 54.80. Ichimoku Kinko Hyo Brent forecast on April 20, 2017 Earlier, a weak signal was received for the sale of Brent Oil, due to the intersection of signal lines at 56.10. To consider the sale is with…
The stock index NASDAQ is trading at 5407.7. NASDAQ is trading above the moving average with a period of 55, indicating a bullish trend for the NASDAQ. At the moment, the quotes of the exchange index are moving towards the upper boundary of the indicators strip Bollinger Bands. We should expect an attempt to fall near the level of 5400.0, where again we should expect an attempt to continue growth with the first goal near the level of 5450.0. Bollinger Bands NASDAQ forecast on April 20, 2017 The conservative buying area is located near the lower border of the Bollinger…
Stock index S&P 500 is trading at the level of 2347.4. The S&P 500 is trading below the moving average with a period of 55, indicating a bearish trend for the S&P 500. At the moment, stock market quotes are testing a moving average with a period of 55. It is worth waiting for an attempt of a minor correction near the level of 2352.0, where again we should expect an attempt to continue falling and develop a bearish trend for the S&P 500 with the first target near the level of 2330.0. Bollinger Bands S&P 500 forecast on April…
The stock index Dow Jones is trading at 20529.0. Quotations Dow Jones are traded below the moving average with a period of 55, indicating a bearish trend for the Dow Jones. At the moment, the quotes of the stock index test the average border of the bars of the indicator Bollinger Bands. A slight increase is expected near the level of 20590.0, where one should expect an attempt to continue falling with the first goal near the level of 20340.0. Bollinger Bands Dow Jones forecast on April 20, 2017 The conservative sales area is located near the upper boundary of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to build on the upper boundary of the downward channel and there is a potential for the pair to fall below 0.6900. NZD/USD Forecast New Zealand Dollar on April 20, 2017 In favor of falling quotations of the pair is the formation of the reversal Forex Head and shoulders models on the indicator of relative strength. Cancellation of the variant of the New Zealand Dollar quotes drop will be a breakdown of the area of 0.7050, which indicates that the pair will continue to grow above 0.7120.…
Quotes of Gold XAU/USD continue to move within the upward trend and are currently trading near the area of 1284. We should expect an attempt to tightly test the area of the broken channel and continue growth in the area above the level of 1300. XAU/USD Forecast Gold prices on April 20, 2017 In favor of the rebound and the growth of quotations and Gold prices is a tight test of an upward Trend line on the indicator of relative strength. In case of a breakdown of the upward support line on the relative strength indicator, one should expect the…
The currency pair Canadian dollar to US dollar USD/CAD continues to move in line with expectations and our previous forecast of USD/CAD. At the moment, the values of the relative strength indicator were able to break the downward trend line, which indicates the continued growth of the pair’s quotations in the area above the level of 1.3550. USD/CAD Forecast Canadian Dollar on April 20, 2017 Expect to accelerate the growth of quotations of the Canadian dollar is with the breakdown of the upper boundary of the descending channel, which will indicate the continuation of the development of growth on a…
The currency pair Pound to US Dollar GBP/USD showed strong growth at the time of Teresa Mey’s speech, at which it was proposed to hold early parliamentary elections, and at the moment the quotes are testing the area of 1.28. GBP/USD Forecast Pound Dollar on April 20, 2017 The potential for the development of correction to the area of 1.2670 remains within the framework of the rebound from the upper boundary of the sweet-zone region of the descending Woolf wave model. The purpose of testing the Woolf wave model is the region of an anomaly below 1.22. However, expect a…
The currency pair Euro Dollar EUR/USD was able to break the upper limit of the Forex Triangle model and at the moment the pair is trading near the area of 1.0720. One should expect an attempt to correct the broken trend line on the indicator of relative strength and the continuation of the growth of quotations of the euro dollar in the area above the level of 1.08. EUR/USD Forecast Euro Dollar on April 20, 2017 The cancellation of the option will be the fall and breakdown of the area 1.0650, which will indicate the continued decline in the euro-dollar…