The stock index S&P500 is trading at the level of 2358.9. The S&P500 is trading above the moving average with a period of 55, indicating a bullish trend for the S&P500. At the moment, the quotations of the exchange index move between the moving average with a period of 55 and the upper boundary of the bars of the indicator Bollinger Bands. It is worth waiting for an attempt to fall and test the moving average with a period of 55 near the level of 2355, where again we should expect an attempt to continue growth with the first goal…
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 stock index of Dow Jones is trading at 20647.4. Quotations Dow Jones tested the moving average with a period of 55 and continued to move below its level, indicating a bearish trend for the Dow Jones. At the moment, the quotations of the exchange index are moving between the moving average of the middle border of the indicators Bollinger Bands. It is worth waiting for an attempt to grow and test the upper border of the bands near the level of 20730, where again we should expect an attempt to continue falling with the first target near the level…
The stock index FTSE 100 is trading at 7372.6. Quotations on the FTSE 100 began to move above the moving average with a period of 55, which indicates the existence of a bullish trend for the FTSE 100. At the moment, the quotes of the exchange index move between the moving average with a period of 55 and the upper boundary of the indicators Bollinger Bands. It is worth waiting for an attempt to fall and the moving average test near the level of 7350, where again we should expect an attempt to continue growth with the first goal near…
The stock index DAX 30 is trading at 12198.3. DAX 30 is trading above the moving average with a period of 55, indicating a bullish trend for the DAX 30. At the moment, stock market quotes are testing the upper boundary of the Bollinger Bands indicator bars. One should expect an attempt to drop and test the middle border of the bands near the 12100 level, where again we should expect an attempt to continue growth with the first target near the level of 12,280. Bollinger Bands Forecast DAX 30 on March 30, 2017 The conservative buy area is located…
The currency pair Pound Dollar GBP/USD is trading at 1.2414. Quotations The pair broke through a moving average with a period of 55 and began to trade below its level, indicating a change in the bearish trend for the Pound Dollar. At the moment, the quotes of the pair move between the moving average with a period of 55 and the lower boundary of the bands of the indicator Bollinger Bands. It is worth waiting for an attempt to grow and test the middle border of the bands near the level of 1.2490, where again we should expect an attempt…
Brent crude oil is trading at $ 52.37 a barrel. Quotes for Oil broke through a moving average with a period of 55 and began to trade above its level, indicating a change in the trend in favor of the bull on Brent Oil. At the moment, quotes of oil test the upper boundary of the indicators Bollinger Bands. It is worth waiting for the attempt to decrease near the level of 51.70 and the test of the middle border of the bands, where again we should expect an attempt to continue growth with the first target near the level…
The currency pair Euro Dollar EUR/USD is trading at the level of 1.0756. Quotations of the pair broke through the level of the moving average with a period of 55 and began to trade below its level, which indicates a change in the trend in favor of the bearish euro against the dollar. At the moment, quotes of the pair test the lower boundary of the bands of the Bollinger Bands indicator. It is worth waiting for an attempt to grow and test the average border of the indicator bars near the level of 1.0820, where again we should expect…
The currency pair Australian Dollar to US Dollar AUD/USD continues to move outside of the rising channel and is currently trading near the area of 0.7646. It is worth expecting a tight test of the resistance area and continuing the decline with breakdown of the support level of 0.76. AUD/USD Forecast Australian Dollar on March 30, 2017 In favor of falling quotations of the pair is the formation of the reversal Forex Head and Shoulder models on the indicator of relative strength, which also indicates a drop already from current levels. Expect the acceleration of the fall in quotations AUD/USD…
The currency pair Pound to Dollar GBP/USD continues to move within the fall due to a rebound from the upper limit of the Triangle model. At the moment, the potential for continuing the decline of the pound-dollar pair into the area below the level of 1.23 is still present. GBP/USD Forecast British Pound on March 30, 2017 In favor of continuing the fall is the breakdown of the ascending trend line on the indicator of relative strength, as well as the output of quotations of the pair beyond the ascending channel. It is worth to wait for the test of…
The currency pair Euro Dollar EUR/USD continues to move within the limits of the decline and at the moment the quotes of the pair are traded near the area of 1.0795. It is worth waiting for an attempt to test the support area near the level of 1.0750, where again we should expect a rebound and the beginning of the formation of the reversal Forex Head and Shoulders models, which will indicate the continued decline in the pair EUR USD quotations to the area below the level of 1.0620. EUR/USD Forecast Euro Dollar on March 30, 2017 In favor of…