Trading signals Japanese Yen USD/JPY on May 2, 2017 Sale at the current price (112.17), StopLoss is set for 112.60, the target is to decrease 109.20. Trading signals New Zealand Dollar NZD/USD on May 2, 2017 Selling at the current price (0.6916), StopLoss is set at 0.6940, the target is to decrease 0.6870. Trading signals of the Euro Dollar EUR/USD on May 2, 2017 Purchase at the current price (1.0913), StopLoss is set for 1.0890, the target of growth is 1.0960.
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 currency pair USD/RUB US Dollar to Ruble continues to trade near the area of 56.96 rubles to the US dollar. At the moment, we should expect a tight test of the lower boundary of the rising channel. USD/RUB Forecast US Dollar to Ruble on May 2, 2017 Near the area of 56.65 rubles per dollar will be the potential for the formation of a bullish Forex model 5-0, where we can expect the pair to continue growing above the level of 57.50 rubles per US dollar. In favor of the growth option, a dense test of the ascending trend…
Quotes of Gold XAU/USD continue to decline and at the moment Gold quotes tightly test the support area. It is worth waiting for an attempt to test the upper limit of the descending channel and continue falling of quotations XAU/USD in the area below the level of 1240. XAU/USD Forex Forecast Gold prices on May 2, 2017 The abolition of the decline option will be a strong growth and breakdown of the area 1265, which will indicate a rebound from the support area and the continued growth in gold prices. Expect to accelerate the fall is with the breakdown of…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD demonstrate the development of an upward correction. However, at the moment the quotes of the pair test the lower limit of the Forex model of the Triangle. NZD/USD Forecast New Zealand Dollar on May 2, 2017 It is expected to rebound and continue to decline the quotes NZD/USD in the area below the level of 0.68. In favor of the drop in quotations, a tight test of the downward resistance line will appear on the indicator of relative strength. Cancellation of the fall option will be a…
The currency pair USD/CHF US Dollar to Swiss Franc continues to move as part of the formation of an inverted Forex Head and Shoulder model. It is worth waiting for the test of the area of 0.9910 and the continuation of the pair’s growth in the area above the level of 1.0050. USD/CHF Forecast US Dollar to Swiss Franc on May 2, 2017 In favor of the growth of the Dollar Franc, a dense test of the upward trend line will appear on the indicator of relative strength. The abolition of the pair’s growth option will be the fall and…
Quotations of the pair USD/JPY US Dollar to Japanese Yen continue to test the resistance area near the level of 112. It is worth waiting for an attempt to fall into the area below the level of 110.20 as part of the formation of the inverted Forex Head and Shoulder model. USD/JPY Forecast US Dollar to Japanese Yen on May 2, 2017 In favor of falling quotations of the pair Yen Dollar is the breakdown of the upward trend line on the indicator of relative strength. The cancellation of the USD/JPY reduction will be followed by a breakout of 112.70,…
Quotes of BRENT oil continue to move within the development of the downward trend and at the moment there is a potential for continuing falling oil quotations in the area below the level of 51 dollars per barrel. It is worth expecting a tight test of the upper boundary of the descending channel near the region of 51.75. BRENT Forecast crude oil prices on May 2, 2017 The abolition of the reduction option will be a breakdown of the region $ 52 per barrel. Expect the acceleration of falling quotations and oil prices is with the breakdown of the rising…
The currency pair Canadian Dollar to US Dollar USD/CAD continues to test the local maximum area. At the moment, there is a potential for the development of a downward correction within the rebound from the upper boundary of the Woolf wave model. USD/CAD Forecast Canadian Dollar on May 2, 2017 In favor of the fall will break through the lower boundary of the fresco Triangle model, as well as the closing of quotations below the level of 1.3550. The cancellation of the option will be a strong growth and breakdown of the area of 1.3750, which will indicate the continued…
The currency pair EUR/USD Euro to US Dollar continues to be traded near the local maximum area and at the moment there is a potential for falling quotations of the euro dollar in the area below the level of 1.0780. In favor of the fall of the pair is the breakdown of the ascending trend line on the indicator of relative strength. EUR/USD Forecast Euro to US Dollar on May 2, 2017 The abolition of the variant of the euro’s dollar decline will be strong growth and breakdown of the local maximum area, which will indicate the continued growth of…
The currency pair GBP/USD British Pound to US Dollar continues to test the upper boundary area of the rising channel. It is worth waiting for an attempt to rebound and fall the pound dollar into an area below the level of 1.2770. GBP/USD Forecast Pound to US Dollar on May 2, 2017 In favor of falling quotes is the breakdown of the ascending trend line on the indicator of relative strength. The abolition of the reduction option will be a strong growth and breakdown of the 1.30 area. Near the area of 1.2770, one should expect an attempt to form…