The Currency pair US Dollar to Swiss Franc USD/CHF is trading at the level of 1.0005. The pair is trading above the upper limit of the Ichimoku Cloud, indicating that there is an upward trend in the pair US Dollar Frank. The pair is expected to correct the quotes near the level of 0.9970, from which it is expected to try to grow and develop the bullish trend for the pair US Dollar Franc near the level of 1.0065. Ichimoku Kinko Hyo USD/CHF prediction on May 10, 2017 Earlier, a weak signal was received for purchases of the US Dollar…
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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.
Brent crude is trading at $ 49.70 a barrel. Brent crude continues to trade below the lower boundary of the Ichimoku Cloud, indicating a downward trend in the Oil. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 50.90, from which one should expect an attempt to drop and develop a bearish trend for Oil near level 46.80. Ichimoku Kinko Hyo Brent Oil prediction on May 10, 2017 Earlier, we received a weak signal for purchases of Brent Oil, due to the crossing of the signal lines at the level of 49.00. The…
Gold XAU/USD is trading at the level of 1225.40. Gold continues to trade below the lower boundary of the Ichimoku Cloud, indicating a downward trend in gold. It is expected to test the area of signal lines near the level of 1233.00, from which one should expect an attempt to fall and further develop the bearish trend for Gold near the level of 1205.00. Ichimoku Kinko Hyo XAU/USD prediction on May 10, 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. Cancellation of the…
The currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of a downward trend. At the moment, there is the potential for continuing the fall in the area below the level of 0.7250. In favor of the falls is the breakdown of the lower border of the rising channel, which indicates the acceleration of the fall in quotations of the pair AUD/USD. Technical analysis and AUD/USD forecast on May 10, 2017 However, do not exclude the attempt to test the punched channel boundary and only then expect a continuation of the decline. The cancellation of the…
The currency pair British Pound to US Dollar GBP/USD continues to test the local maximum area and at the moment there is a potential for the rebound and fall of the pound quotations to the area below the level of 1.2770. In favor of reducing the pair is a rebound from the descending line of the trend on the indicator of relative strength. GBP/USD Forecast British Pound to US Dollar on May 10, 2017 The cancellation of the GBP/USD decline will result in a strong growth and breakdown of the local maximum area, indicating that the pair will continue to…
The currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of expectations and our previous forecast of the euro dollar. At the moment, the potential for continuing the decline in the EUR/USD pair’s quotations to the area below the level of 1.07 is guarded, however, we should not exclude the attempt of development of correction to the area above the level of 1.0950. EUR/USD Forecast Euro to US Dollar on May 10, 2017 Near this level, you should expect the completion of the head and shoulders reversal pattern and the continuation of the fall in…
The currency pair USD/CAD US Dollar to Canadian Dollar continues to move within the upward trend and at the moment there is a potential for continuing the growth of quotations to the area above the level of 1.3750. In favor of the growth of quotations of the pair is a rebound from the ascending support line on the indicator of relative strength. USD/CAD Forecast Canadian Dollar on May 10, 2017 In favor of growth is the formation of a bullish wave model of Woolf, so even with the breakdown of the lower channel boundary, the potential for growth remains. The…
Quotes of BRENT crude oil continue to move within a tight test of the resistance area, as well as the upper boundary of the descending channel. At the moment, there is still potential for continuing falling quotations in the area below the level of $ 47 per barrel. Analysis and forecast Brent crude oil on May 10, 2017 In favor of the drop is the resistance area test on the relative strength indicator. The cancellation of the variant of falling quotations and oil prices will result in a strong growth and surf of the area of 50.50, which will indicate…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth and at the moment the quotes have broken the upper boundary of the downward channel, which indicates the continued growth of the pair in the area above the level of 115.55. USD/JPY Forecast Japanese Yen on May 10, 2017 In favor of the growth of quotations, the Yen Dollar will advocate the formation of an inverted forex model of the Head and shoulders on the indicator of relative strength. It is worth expecting a slight correction in the area below the…
The currency pair US Dollar to Russian Ruble USD/RUB continues to move within the limits of growth at the moment it is necessary to expect an attempt of correction of quotations in the area below the level of 57.55 rubles per US dollar, from which one should expect a rebound and continued growth. FOREX Analysis and USD/RUB forecast on May 10, 2017 In favor of the growth of the pair’s quotations, the Dollar Ruble will perform a test of the broken trend line on the indicator of relative strength. The target for the growth of USD/RUB is the region at…