The currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction from the lower boundary of the downward channel. At the moment, with the pair rising to the area above the level of 0.7460, it is necessary to expect the completion of the formation of the downward Forex model of the Wolfe wave, which will indicate a fall below the local minimum level. AUD/USD Forecast Australian Dollar on May 9, 2017 In favor of falling quotations AUD/USD will test the resistance area on the indicator of relative strength. The cancellation of the variant of the fall…
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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 US Dollar to Japanese Yen USD/JPY continue to test the upper limit of the downward channel, it is worth waiting for the attempt of the Japanese Yen’s rebound and fall in the area below the level of 111.05. USD/JPY Forecast Japanese Yen on May 9, 2017 In favor of falling USD/JPY quotes on FOREX is the formation of a reversal Forex model. The failed swing, which indicates the breakdown of the area of 112.00 with closing prices. The cancellation of the Yen Dollar decline option will result in a strong growth and breakdown of the…
Quotes of BRENT oil continue to move within the framework of the development of the upward correction and at the moment it is necessary to expect a tight test of the resistance area and the continuation of falling quotations in the area below the level of $ 47 per barrel. BRENT forecast crude oil prices on May 9, 2017 In favor of the fall is also a resistance test on the indicator of relative strength. Cancellation of the variant of falling quotations and oil prices will be a strong growth and breakdown of the region of $ 50.50 per barrel,…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of the downward correction development. At the moment, we should expect an attempt to fall into the lower border of the rising channel, where we can expect the pair USD/CAD to continue growing. USD/CAD Forecast Canadian Dollar on May 9, 2017 In favor of the growth of quotations, a test of the uplink of support on the indicator of relative strength will perform. The cancellation of the Canadian Dollar growth variant against the US Dollar will break through the area of 1.3470, indicating that the…
Trading signals Euro Dollar EUR/USD on May 8, 2017 The sale is from the level of 1.0992, StopLoss is set for 1.1015, the target is to decrease 1.0880. Trading signals Canadian Dollar USD/CAD on May 8, 2017 Sale from the level of 1.3700, StopLoss set for 1.3720, the target of the fall is 1.3550. Trading signals Australian Dollar AUD/USD on May 8, 2017 Buy at the current price (0.7416), StopLoss set for 0.7350, the target of growth is 0.7440.
The currency pair Euro to US Dollar EUR/USD finished the trading week at the level of 1.0997. At the moment, the quotes of the pair are trying to leave the upstream channel, if the bulls on the pair can break through the area of 1.11, it is necessary to expect the acceleration of the growth of quotations of the euro dollar in the area above the level of 1.15. EUR/USD Forecast Euro Dollar on May 8 — 12, 2017 As the main option is an attempt to rebound quotes from area 1.10 and the development of a decline with a…
The currency pair Pound to US Dollar GBP/USD has closed the trading week at the level of 1.2978. At the moment, the pair’s quotations continue to move within the upward channel and there is a potential for continued growth. Stat expect a test of a gentle border with a subsequent rebound and a continuation of growth above the level of 1.32. GBP/USD Forecast British Pound on May 8 — 12, 2017 In favor of the growth of the pound-dollar pair, a dense test of the upward trend line will appear on the indicator of relative strength. The cancellation of the…
Quotes of BRENT oil finished the trading week at the level of 49.39 dollars per barrel. At the moment, quotes are testing the area of the lower border of the rising channel, we should expect an attempt to develop correction in the area above 51 dollars per barrel. In favor of the rebound is also the test of the support area on the indicator of relative strength. BRENT Forecast oil prices for the week May 8 — 12, 2017 Near the level of $ 51 per barrel, you should expect a rebound and the continued drop in quotations and oil…
The currency pair Australian Dollar against the US Dollar AUD/USD finished the trading week at the level of 0.7413. The pair continues to trade within the framework of the Forex Triangle model and at the moment there is a high potential for testing the lower boundary of the model near the area of 0.7150. AUD/USD Forecast Australian Dollar on May 8 — 12, 2017 However, we should not exclude the attempt to develop an upward correction on the pair in the area above the level of 0.75, where we can expect the continuation of the fall in quotations AUD/USD. In…
The currency pair Canadian Dollar to the US Dollar USD/CAD closed the trading week at 1.3647. The pair was able to show a rebound from the upper boundary of the descending Woolf wave model, the goal of falling and working out of such a model is the area below the level of 1.31. USD/CAD Forecast Canadian Dollar on May 8 — 12, 2017 However, we should expect an attempt to test the area of 1.35, where the test of the broken border of the Forex model of Triangle and the next attempt of growth in the area above the level…