Currency pair The Australian Dollar to US Dollar AUD/USD is trading at 0.7482. The pair is trading below the moving average with a period of 55, indicating a bearish trend for the pair Australian Dollar. At the moment, quotes of the pair test the average border of the bars of the indicator Bollinger Bands. It is expected to increase the pair’s quotes near the level of 0.7510, where again we should expect a fall attempt with the first target near the level of 0.7410. Bollinger Bands AUD/USD Forecast on May 4, 2017 The conservative sales area is located near the…
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.
Brent crude oil is trading at $ 50.80 a barrel. Quotes for Oil are traded below the moving average with a period of 55, indicating a bearish trend for Brent Oil. At the moment, Brent Oil quotes are testing the lower boundary of the Bollinger Bands indicator strip. It is worth waiting for the test of the average border of the Bollinger Bands indicator bars near the level of 51.50, from which one should expect an attempt to continue falling with the first target near the level of 49.30. Bollinger Bands Brent crude oil Forecast on May 4, 2017 The…
The currency pair US Dollar to Russian Ruble USD/RUB continues to move as part of the forex exercise of the Wedge model. At the moment, there is the potential for the pair to continue to grow in the region above the level of 58 rubles per US dollar. Expect to accelerate the growth of the pair is with the breakdown of the resistance area and the closing of quotes USD/RUB above the level of 58 rubles per dollar. USD/RUB Forecast US Dollar to Russian Ruble on May 4, 2017 The abolition of the growth option will be a fall and…
The currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9907. The pair is trading below the moving average with a period of 55, indicating a bearish trend for the US Dollar Frank. At the moment, quotes of the pair test the lower boundary of the bands of the Bollinger Bands indicator. A test of the average border of the Bollinger Bands indicator bars near the level of 0.9930 is expected, where again we should expect an attempt to continue falling with the first target near the level of 0.9880. Bollinger Bands USD/CHF Forecast on May 4, 2017…
Trading signals Japanese Yen USD/JPY on May 3, 2017 Sale at the current price (112.14), StopLoss is set for 112.70, the target is to decrease 109.10. Trading signals British Pound GBP/USD on May 3, 2017 Purchase at the current price (1.2895), StopLoss set for 1.2860, the target of growth is 1.2960. Trading signals New Zealand Dollar NZD/USD on May 3, 2017 Selling at the current price (0.6932), StopLoss is set at 0.6950, the target is to decrease 0.6860.
The currency pair British Pound to US Dollar GBP/USD continues to test the upper border area of the rising channel. It is worth to expect an attempt to rebound and fall into the support area at the level of 1.2770. In favor of the drop, a test of the broken trend line will appear on the indicator of relative strength. GBP/USD Forecast British Pound to Dollar on May 3, 2017 The cancellation of the variant of falling quotations of the pound-dollar pair will result in strong growth and breakdown of the local maximum area, which will indicate the continued growth…
The currency pair Euro to US Dollar EUR/USD continues to trade near the local maximum area. At the moment, there is a potential for the fall and breakdown of the area 1.0850 as part of the development of the reversal Forex model of the failed swing on the indicator of relative strength. EUR/USD Forecast Euro to US Dollar on May 3, 2017 The cancellation of the variant of the fall of the euro dollar bucks will result in a strong growth and breakdown of the region 1.0970, which will indicate the continued growth of the pair. In favor of the…
Quotes of BRENT crude oil continue to move within the descending channel and at the moment there is still potential for continuing falling quotations and oil prices in the region below the level of $ 50 per barrel. In favor of the fall is a tight test of the descending line of resistance on the indicator of relative strength. BRENT forecast crude oil prices on May 3, 2017 The cancellation of the fall option will be the breakdown of the region at $ 53 per barrel, which will indicate the continued growth in oil prices. Expect the acceleration of the…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continue to grow, but at the moment there is still potential for falling quotations in the area below the level of 111. In favor of the fall breakdown of the upward trend line on the indicator of relative strength. USD/JPY Forecast Forex Japanese Yen on May 3, 2017 And also the formation of the reversal Forex model The failed swing on the indicator of relative strength. The cancellation of the fall in the pair’s quotes will result in a strong growth and breakdown of the area of 112.80. Among…
Currency pair Australian Dollar to US Dollar AUD/USD continues to trade as expected. The pair pushed away from the upper boundary of the descending channel and at the moment there is a potential for continuing falling of quotations in the area below the level of 0.74. Technical analysis and Forecast AUD/USD on May 3, 2017 In favor of the fall is the test of the downward trend line on the indicator of relative strength. Cancellation of the variant of falling of quotations AUD/USD will be a breakdown of the upper boundary of the descending channel, which will indicate the continued…