Author: 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 US Dollar to Russian Ruble USD/RUB completes the trading month at 56.97. 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 area of signal lines near the level of 60.80, 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 53.00. Ichimoku Kinko Hyo Forecast USD/RUB for May 2017 Earlier, a weak signal was generated for the…

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The Currency pair Euro to US Dollar EUR/USD completes the trading month at the level of 1.0884. The pair is trading below the lower limit of the Ichimoku Cloud, which indicates a downward trend in the pair Euro Dollar. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 1.0970, from which one should expect an attempt to fall and develop a bearish tendency for a pair with the aim of falling near the level of 1.0540. Ichimoku Kinko Hyo Forecast EUR/USD for May 2017 Earlier, a weak signal was received for the sale…

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The currency Pair US Dollar to Canadian dollar USD/CAD is closing the trading month at 1.3663. The pair broke through Ichimoku Cloud and began to trade above its upper limit, which indicates that there is an upward trend in the pair US Dollar Canadian dollar. A test is expected near the upper boundary of the Ichimoku Cloud at 1.3560, from which one should expect an attempt at growth and development of the bullish trend for the pair US Dollar to  Canadian dollar near the level of 1.4290. Ichimoku Kinko Hyo Forecast USD/CAD for May 2017 Earlier, a medium strength signal…

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The currency pair US Dollar to Swiss Franc USD/CHF completes trading month at 0.9928. The pair is trading above the upper limit of the Ichimoku Cloud, indicating that there is an upward trend in the pair US Dollar Frank. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 0.9880, from which one should expect an attempt of growth and development of the bullish tendency for the pair near the level of 1.0280. Ichimoku Kinko Hyo Forecast USD/CHF for May 2017 Earlier, a signal of medium strength was received for the sale of the…

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Oil Brent completes the trading month at the level of 52.10 dollars per barrel. Brent oil is traded above the upper boundary of the Ichimoku Cloud, which indicates the presence of an upward trend in Oil. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 48.60, from which one should expect an attempt to grow and develop the bullish trend for Oil near the level of 58.40. Ichimoku Kinko Hyo Forecast Brent oil for May 2017 Earlier, we received a weak signal for purchases of Brent Oil, due to the intersection of the…

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Gold XAU/USD completes the trading month at the level of 1265.87. Gold is traded inside the Ichimoku Cloud, which indicates the presence of a lateral trend for Gold. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 1216.80, from where it is expected to test the upper boundary of the Ichimoku Cloud near the level of 1241.70. Ichimoku Kinko Hyo Forecast XAU/USD for May 2017 Earlier, a signal of medium strength was obtained for Gold purchases, due to intersection of the signal lines at the level of 1233.40. Consider buying is worthwhile with…

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The Currency pair US Dollar to Japanese USD/JPY completes trading month at 111.234. The pair is trading near the upper boundary of the Ichimoku Cloud. Exit from the Ichimoku Cloud zone near the 112.900 level is expected, followed by a test of the upper boundary of the Ichimoku cloud at 110.500, from which one should expect an attempt of growth and further development of the bullish trend for the pair with a target of growth near the level of 118.600. Ichimoku Kinko Hyo Forecast USD/JPY for May 2017 Earlier, a weak signal was received for purchases of the US dollar…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to trade near the area of 0.7478. At the moment, the potential for continued falling of quotations in the area below the level of 0.74 remains. In favor of the fall is a tight test of the downward trend line on the indicator of relative strength. FOREX NEWS and AUD/USD Forecast on May 1, 2017 The cancellation of the Australian Dollar decline to the US Dollar to Australian Dollar AUD/USD will result in a strong growth and breakdown of the 0.7540 area, which indicates that the pair will continue to rise…

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The currency pair GBP/USD Pound to US Dollar continues to develop an upward trend and at the moment there is a potential for a test area of 1.2960, from which one should expect an attempt to correct the pair in the area below the level of 1.2850. GBP/USD Forecast Pound Dollar FOREX on May 1, 2017 In favor of the fall is the test of the downward trend line on the indicator of relative strength. The cancellation of the variant of falling quotations of the pound dollar will be a strong growth and breakdown of the area of 1.2990, which…

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The currency pair EUR/USD Euro to US Dollar continues to test the area of the upper border of the rising channel and at the moment there is a potential for falling as part of the development of the reversal Forex Head and shoulders models on the price chart. In the case of continued growth of quotations of the euro, a similar model will be formed on the indicator of relative strength, which will also point to the fall of the euro against the dollar. Forex Forecast EUR/USD Euro Dollar on May 1, 2017 The cancellation of the EUR/USD decline option…

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