The stock index S&P 500 is trading at the level of 2385.6. The S&P 500 is trading above the moving average with a period of 55, indicating a bullish trend for the S&P 500. At this point, the stock index moves towards the lower border of the Bollinger Bands indicator bars. It is worth to expect an attempt at a minor correction near the level of 2381.0, where again we should expect an attempt to continue the growth and development of the bullish trend for the S&P 500 with the first target near the level of 2406.0. Bollinger Bands S&P…
Author: forex24pro
The stock index NASDAQ is trading at 5623.8. NASDAQ continues to trade above the moving average with a period of 55, indicating a bullish trend for the NASDAQ. At the moment, the quotations of the exchange index are moving towards the middle border of the indicator strip Bollinger Bands. It is worth waiting for an attempt to fall near the level of 5595.0, where again we should expect an attempt to continue growth with the first target near the level of 5690.0. Bollinger Bands NASDAQ Forecast on May 4, 2017 The conservative buying area is near the lower border of…
The currency pair US Dollar to Swiss Franc USD/CHF continues to be traded within the Forex Head and Shoulders models. It is worth waiting for an attempt to complete the formation of the right shoulder of the model and continue the growth of quotations of the pair in the area above the level of 1.0050. In favor of growth, a dense test of the ascending support line on the initiator of relative strength will perform. The cancellation of the variant of growth of quotations of the pair will be the fall and breakdown of the local minimum area, which will…
The currency pair US Dollar to Russian Ruble USD/RUB is trading at the level of 57.06. The pair continues to trade above the moving average with a period of 55, which indicates the existence of a bullish trend for the US dollar, the Russian Ruble. At the moment, the quotes of the pair move near the upper border of the Bollinger Bands indicator bars. It is expected to test the average border of the indicator bars near the level of 56.70, where again we should expect an attempt to continue growth and further development of the upward trend in the…
The currency pair US Dollar to Japanese Yen USD/JPY is trading at 112.155. The pair is trading above the moving average with a period of 55, indicating a bullish trend for the US Dollar to Yen. At the moment, the pair quotes are moving towards the middle border of the Bollinger Bands indicator bars. The test of the average border of the Bollinger Bands indicator bars near the level of 111.690 is expected, from which one should expect an attempt to continue the growth and further development of the upward trend in the US Dollar Yen with the first target…
The stock index DAX 30 is trading at the level of 12494.4. DAX 30 is trading above the moving average with a period of 55, indicating a bullish trend for DAX 30. Stock index benchmarks test the upper boundary of the Bollinger Bands indicator bars. The drop in quotations of the index near the level of 12440.0 is expected, where again we should expect an attempt to continue growth and further development of the bullish trend with the first target near the level of 12600.0. Bollinger Bands DAX 30 Forecast on May 4, 2017 The conservative buying area is located…
The stock index FTSE 100 is trading at 7234.4. Quotations on the FTSE 100 are traded within the boundaries of the Bollinger Bands indicator bands periodically, crossing the moving average, which indicates the presence of a lateral trend for the FTSE 100. At the moment, the stock index quotes test the average border of the Bollinger Bands indicator bars. It is worth waiting for the test of the lower boundary of the Bollinger Bands indicator bars near the level of 7195.0, from where the test of the upper border of the indicator bars near the level of 7270.0 is expected.…
The stock index Dow Jones is trading at 20906.3. Quotations Dow Jones are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the Dow Jones. At the moment, quotations of the stock index test the lower boundary of the bands of the indicator Bollinger Bands. An insignificant correction of quotations for Dow Jones near 20860.0 level is expected, from which one should expect an attempt to continue growth and further development of the bullish trend with the first target near the level of 21100.0. Bollinger Bands Dow Jones Forecast on…
The currency pair US Dollar to Canadian Dollar USD/CAD is trading at 1.3719. Quotes of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the pair US Dollar Canadian dollar. At the moment, quotes of the pair test the upper boundary of the bands of the indicator Bollinger Bands. It is expected to test the average border of the indicator bars near the level of 1.3660, where again we should expect an attempt to continue growth with the first target near the level of 1.3800. Bollinger Bands…
Quotes of XAU/USD Gold continue to move within the downward trend and at the moment there is still potential for testing the upper limit of the descending channel and continuing the decline to the area below the level of 1235. In favor of the drop, a downtrend test on the relative strength indicator will perform. The cancellation of the variant of falling quotations and prices for Gold will be a strong growth and breakdown of the area of 1260, which will indicate the continued growth of XAU/USD in the area above the level of 1270. XAU/USD Forecast Forex Gold on…