The currency pair New Zealand Dollar to US Dollar NZD/USD closed the trading week at 0.6861. The pair continues to trade in a downward trend and at the moment there remains a potential for continuing the fall into the area below the level of 0.6650. In favor of the fall is the breakdown of the lower boundary of the Forex Triangle model. FOREX Technical analysis NZD/USD May 1 — 5, 2017 However, we should not exclude the attempt to test the broken border of the Forex model of the Triangle and continue the decline of the pair. The cancellation of…
Author: forex24pro
The currency pair US Dollar to Swiss Franc USD/CHF completes trading week at 0.9945. The pair continues to trade below the lower limit of the Ichimoku Cloud, which indicates a downward trend in the pair US Dollar Frank. It is expected to test the lower boundary of the Ichimoku Cloud near the 0.9960 level, from which one should expect an attempt to fall and develop a bearish trend for the pair near the level of 0.9840. Ichimoku Kinko Hyo USD/CHF Forecast May 1 — 5, 2017 Earlier, a weak signal was received for purchases of the US Dollar Franc, due…
The currency pair New Zealand dollar to US Dollar NZD/USD completes the trading week at 0.6861. The pair is trading below the lower limit of the Ichimoku Cloud, indicating a downward trend in the New Zealand Dollar. It is expected to test the area of signal lines near the level of 0.7000, from which one should expect an attempt to fall and develop a bearish tendency for a pair with a view to lower near the level of 0.6720. Ichimoku Kinko Hyo NZD/USD Forecast May 1 — 5, 2017 Earlier, a weak signal was received for the sale of the…
The currency pair British Pound to US Dollar GBP/USD completes trading week at 1.2943. The pair is trading above the upper limit of the Ichimoku Cloud, indicating an upward trend in the pair Pound US Dollar. A drop near the 1.2780 level is expected, from which one should expect an attempt at growth and development of the bullish tendency for the pair with a target of growth near the level of 1.3130. Ichimoku Kinko Hyo GBP/USD Forecast May 1 — 5, 2017 Earlier, we received a weak signal for purchases of the pair Pound US Dollar, due to crossing of…
The currency pair Australian Dollar to US Dollar AUD/USD completes the trading week at the level of 0.7487. The pair is trading below the lower limit of the Ichimoku Cloud, indicating a downward trend in the pair Australian Dollar. It is expected to test the area of signal lines near the level of 0.7550, from which one should expect an attempt to fall and develop a bearish trend for a pair near the level of 0.7350. Ichimoku Kinko Hyo AUD/USD Forecast May 1 — 5, 2017 Earlier, a medium strength signal was received for the sale of the Australian dollar…
The currency pair US Dollar to Japanese Yen USD/JPY completes the trading week at the level of 111.503. The pair continues to trade below the lower boundary of the Ichimoku Cloud, which indicates a downward trend in the US dollar pair Yen. The test of the lower boundary of the Ichimoku Cloud near the level 112.400 is expected, from which one should expect a fall attempt and further development of the bearish trend for the pair with a view to lower near the level of 109.700. Ichimoku Kinko Hyo USD/JPY Forecast May 1 — 5, 2017 Earlier, a weak signal…
The currency pair US Dollar to Russian Ruble USD/RUB completes the trading week at 56.96. The pair is trading below the lower boundary of the Ichimoku Cloud, which indicates the presence of a downward trend in the pair US dollar Russian ruble. It is expected to test the upper limit of the Ichimoku Cloud near the level of 57.50, from which one should expect an attempt to fall and develop a bearish tendency for a pair to fall near the level of 55.50. Ichimoku Kinko Hyo USD/RUB Forecast May 1 — 5, 2017 Previously, a strong signal was generated for…
The currency pair Euro to US Dollar EUR/USD completes trading week at 1.0893. The pair continues to trade above the upper limit of the Ichimoku Cloud, indicating an upward trend in the pair Euro Euro. It is expected to test the area of signal lines near the level of 1.0800, from which one should expect an attempt to grow and develop a bullish tendency for a pair with the purpose of growth near the level of 1.1020. Ichimoku Kinko Hyo EUR/USD Forecast May 1 — 5, 2017 Earlier, a strong signal was received for purchases of the pair Euro Dollar,…
The currency pair US Dollar to Canadian Dollar USD/CAD is closing the trading week at 1.3652. The pair continues to trade above the upper limit of the Ichimoku Cloud, indicating that there is an upward trend in the pair US Dollar Canadian dollar. The fall of quotations near the level of 1.3510 is expected, from which it is expected to try to grow and develop the bullish tendency for the pair with the purpose of growth near the level of 1.3770. Ichimoku Kinko Hyo USD/CAD Forecast May 1 — 5, 2017 Previously, a strong signal was generated for the purchases…
The stock index DAX 30 completes the trading week at 12435.7. DAX 30 is trading above the upper limit of the Ichimoku Cloud, indicating an upward trend in the DAX 30. A test of the signal line area near the 12232.0 level is expected, from which it is expected to attempt a growth and development of the bullish trend for the DAX 30 Index for growth to the level of 12840.0. Ichimoku Kinko Hyo DAX 30 Forecast May 1 — 5, 2017 Previously, a strong signal was obtained for the purchases of the DAX 30 Stock Index, due to crossing…