The Stock index S&P 500 is trading at the level of 2393.4. The S&P 500 continues to trade above the upper limit of the Ichimoku Cloud, indicating an upward trend in the S&P 500. The upper limit of the Ichimoku Cloud near the level of 2386.0 is expected, from which it is expected to try to grow and develop the bullish trend at the stock index near the level of 2407.0. Ichimoku Kinko Hyo S&P 500 Forecast on May 5, 2017 Earlier, we received a weak signal for sales of the Stock Index S&P 500, due to the intersection of…
Author: forex24pro
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 Stock index Dow Jones is trading at 21005.7. Dow Jones continues to trade above the upper limit of the Ichimoku Cloud, indicating an upward trend in the Dow Jones. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 20940.0, from which one should expect an attempt to grow and develop a bullish trend on the stock exchange index with a view to growth near the level of 21140.0. Ichimoku Kinko Hyo Dow Jones Forecast on May 5, 2017 Earlier, a weak signal was received for the sale of the Dow Jones Exchange…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of the development of the upward trend and at the moment there is a potential for continuing the growth of quotations in the region above the level of 59.40 rubles to the US dollar. In favor of the growth of the Dollar Ruble pair is the breakdown of the downward resistance line on the indicator of relative strength. USD/RUB Forecast US Dollar to Russian Ruble on May 5, 2017 The cancellation of the variant of the growth of the dollar against the ruble will be the…
The currency pair USD/CHF US Dollar to Swiss Franc continues to trade as part of the formation of the right shoulder of the reversal Forex Head and Shoulder models. It is worth to expect an attempt to fall into the area below the level of 0.9900, from which we should expect a rebound and continue growth in the area above the level of 1.0030. In favor of growth is the formation of a reversal model on the indicator of relative strength. The cancellation of the growth of the Dollar Franc quotes will result in a fall and breakdown of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to trade below the boundaries of the Forex Triangle model. It is worth waiting for an attempt to test the area of 0.6920 and continue the fall in the area below the level of 0.68. The cancellation of the option will be a strong growth and breakdown of the area of 0.7020. Expect to accelerate the fall in the quotes of the NZD/USD pair is with the breakdown of the local minimum area. NZD/USD Forecast New Zealand Dollar on May 5, 2017 Among the important news from…
Quotes of Gold XAU/USD continue to move in the fall, at the moment quotes are testing the area of 1235. It is worth expecting an attempt to rebound and increase the price of Gold in the area above the level of 1245. In favor of growth is a tight test of the lower boundary of the rising channel. Cancellation of the growth of quotations and prices for Gold will be the fall and breakdown of the 1230 area, which will indicate the continuation of the decline to the area below the level of 1200. XAU/USD Forecast Forex Gold prices on…
The currency pair USD/CAD US Dollar to Canadian Dollar continues to move within the framework of a strong upward trend and at the moment there is a potential for continued growth of the pair’s quotes. It is worth to expect a fall in the pair’s quotes to the lower boundary of the rising channel, from which it is expected to rebound and continue to rise above 1.3850. In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on the indicator of relative strength. USD/CAD Forecast Canadian Dollar on May 5, 2017…
Quotes of BRENT crude oil continue to move within the downward trend and at the moment there is a potential for falling quotes and oil prices in the area below the level of 49.50 dollars per barrel. In favor of falling quotations BRENT will break through the lower boundary of the model Triangle. It is worth expecting a tight test of the upper bound of the Triangle model and the continuation of the decline. BRENT Forecast crude oil prices on May 5, 2017 The abolition of the drop in oil quotations will result in a strong growth and breakdown of…
Quotes of the US Dollar to Japanese Yen USD/JPY continue to move within the framework of the upward correction and at the moment the pair is testing the area of the upper boundary of the descending channel. We should expect a rebound and a fall in the support area near the level of 111.85, where we can expect the pair to continue growing. The cancellation of the option will be the breakdown of the area of 111.50, which will indicate the continuation of the decline in the pair of Yen Dollar. USD/JPY Forecast US Dollar to Japanese Yen on May…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in decline and at the moment the pair has fully worked downward model 1:1. It is worth to expect an attempt to correct the pair’s quotations in the area above the level of 0.7430, from which we should expect a rebound and continue the decline of quotations in the area below the level of 0.7340. In favor of the fall, a dense test of the upper boundary of the descending channel will perform, as well as a test of the trend line on the indicator of relative strength. AUD/USD…