The currency pair US Dollar to Swiss Franc USD/CHF continues to trade as part of the formation of the depraved Forex Head and Shoulder models. Quotations of the pair were able to test the area of formation of the right shoulder and at the moment it is expected to continue growth in the area above the level of 1.0050. With the breakdown of the Neck line, it is expected to accelerate the growth of the USD/CHF pair quotations to the area above 1.0250. The abolition of the growth variant of the Dollar Franc pair will be the fall and breakdown…
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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.
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to move within the expectations and at the moment there is potential for a tight test of the resistance area, from which it is expected to continue falling quotations in the area below the level of 0.68. In favor of falling quotes NZD/USD will perform a downward resistance test on the indicator of relative strength. Also, the current structure is the Forex Head and Shoulders model, as a continuation of the trend. With the breakdown of the local minimum area, it is expected to accelerate the…
Quotes of Gold XAU/USD continue to move within the rising channel. At the moment, quotations and Gold prices are being tested in the area of 1235. It is worth to expect an attempt to continue growth in the area above the level of 1245. In favor of the development of the upward movement in XAU/USD, a breakdown of the downward trend line on the indicator of relative strength will perform. XAU/USD Forecast Forex Gold prices on May 8, 2017 The cancellation of the variant of the development of the ascending movement along the Gold will be the breakdown of the…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within a strong upward trend and at the moment the pair’s quotes are testing the 1.3764 area. It is worth trying to test the lower border of the ascending channel and continue growing into the ballet above the level of 1.3850. In favor of the growth of quotations of the Canadian Dollar pair, an uptrend line test will be performed on the indicator of relative strength. By canceling the variant, the growth of the pair will be a fall and breakdown of the area of 1.3700, which will…
Quotes of BRENT crude oil continue to move in the fall. At the moment, the potential remains for continuing the decline in oil prices in the region below the level of $ 47 per barrel as part of the rebound from the broken area of resistance. In favor of falling quotations and oil prices, a downtrend test of the turn on the indicator of relative strength will perform. The abolition of the variant of BRENT oil reduction will be the breakdown of the region at $ 50.50 per barrel, which will indicate the continuation of the development of the upward…
Quotes of the currency pair Dollar to Japanese Yen USD/JPY continue to move in the downward channel. At the moment the quotes of the pair were able to push off from the upper border of the channel, we should expect the continuation of the decline in the area below the level of 111 within the rebound from the border of the channel. In favor of falling quotes is the breakdown of the support area on the indicator of relative strength. The cancellation of the fall of the pair of Yen Dollar pair quotations will result in a strong increase in…
The currency pair Australian Dollar to US Dollar AUD/USD continues to move in the fall, but at the moment quotes are testing the support area. It is worth waiting for an attempt to correct the pair in the area above the level of 0.7440. Near this level, we should expect a rebound and a continuation of the fall in the pair’s quotations in the area below the level of 0.7150. In favor of falling quotations AUD/USD will come a close test of the downward trend line on the indicator of relative strength. The reversal of the fall option will be…
The currency pair Pound Dollar GBP/USD continues to test the local maximum area. At the moment, the pair is trading near the level of 1.2935, we should expect an attempt to test the area of 1.2950 and start the decline to the level of 1.2770. In favor of falling quotations of the pound-dollar pair, a downtrend test on the relative strength indicator will perform. The cancellation of the variant of falling quotations of the pound dollar will result in a strong growth and breakdown of the 1.30 area, which will indicate that the pair’s quotes continue to grow. GBP/USD Forecast…
The currency pair Euro Dollar EUR/USD continues to move within the framework of growth development and at the moment quotations are testing the area 1.0965. It is worth waiting for an attempt to test the broken border of the Forex model of the Triangle and continue the growth of the pair. Cancellation of the growth option will be a fall and breakdown of the area 1.0910, which will indicate a potential test level of 1.0850. Expect to accelerate the growth of the euro-dollar pair with stands with the breakdown of the local maximum area. EUR/USD Forecast Euro Dollar on May…
Trading signals Japanese Yen USD/JPY on May 5, 2017 Sale at the current price (112.25), StopLoss is set for 113.06, the target is to decrease 109.10. Trading signals New Zealand Dollar NZD/USD on May 5, 2017 Buy from the level of 0.6870, StopLoss set for 0.6830, the target of growth is 0.6940. Trading signals Australian Dollar AUD/USD on May 5, 2017 Buy at the current price (0.7389), StopLoss set for 0.7350, the target of growth is 0.7440.