Author: forex24pro

Quotes BRENT crude oil continues to move outside the triangle forex pattern. The breakdown of the upper limit of the model indicates an attempt to continue the growth in oil prices to a local maximum, but to continue to grow it is important to see a break through the resistance of the downlink on the indicator of relative strength. Forecast for oil prices (BRENT) on February 7, 2017 So far, this has not happened, there is a drop in oil prices and the return of the risks of quotations into forex triangle patterns. In this case, we can expect an…

Currency pair pound dollar GBP USD continues to move through the formation of reversal pattern Forex double top, and from the breakdown area is 1.24 attempted to expect continuation of falling to below the level of 1.22. An additional signal to perform sample falling rising trend line on the indicator of relative strength. GBP USD Forecast Pound to Dollar on February 7, 2017 However, if the pair will be able to show the development of the rising correction from current levels with the same, in this case, we can expect an attempt to continue growing in the area above the…

Currency pair EUR USD continues to move in the upward correction, but at the moment the pair is trying to leave again in a reversal of the movement. In favor of the fall is the breakdown and the rebound from the resistance line on the indicator of relative strength. EUR USD Forecast Euro Dollar on February 7, 2017 We try to increase the amount of aggressive selling on the euro dollar. Cancellation option of falling quotations EUR/USD will be strong growth and the breakdown of the area of a local maximum; it will point to continued growth in the region…

Quotes stock index DAX 30 is trading at 11656. Quotes were able to break through the upper boundary of the rising channel, but here also formed a reversal pattern Forex Head and shoulders, with the completion of the formation of the right shoulder is expected to drop an attempt to lower the level of 11400. Forecast DAX 30 on February 6, 2017 — February 10, 2017 Cancellation option will increase in the index of quotations DAX 30 higher than the local maximum, in this case, is expected to accelerate growth index in the area above the level of 11900. Among…

Quotes stock index S&P 500 traded at the level of 2294. Index Quotes may show a decline in the beginning of the trading week in the framework of working out a reversal forex model failure swing on the indicator of the relative force to drop below the level of 2300. Forecast S&P 500 on February 6, 2017 — February 10, 2017 However, if the value of the indicator will show growth above the level of 70, it is worth expected to accelerate the growth of S&P 500 stock index quotes in the area above the level of 2400. Forecast S&P…

Quotes stock index NIKKEI 225 traded at 18983. At the moment, the index is trading in an uptrend and has the potential for continued growth of quotations in the area above the 20,000 level, however, should not exclude the correction attempt to support area at 18600. Forecast NIKKEI 225 on February 6, 2017 — February 10, 2017 In favor of a rise in share price NIKKEI 225 of the push test the rising trend line on the indicator of relative strength. Cancellation option of continued growth of quotations index fall camp and the breakdown of the rising channel’s lower border,…

Quotes NASDAQ 100 stock index trading at 5158. The index is testing the area of a local maximum, but there is still potential for a rebound and reduce the quotations in the area below the level of 5100 due to the relative strength indicator test resistance area. NASDAQ 100 forecast on February 6, 2017 — February 10, 2017 Expect a rebound NASDAQ 100 index quotations and faster growth hundred ton test the uptrend line on the display. In case of breaking this line is expected to try to continue the index quotations falling to below the level of 4950, which…

Quotes Dow Jones stock index trading at 20055. quotes could break through the upper region of the rising channel, which indicates continued growth of quotations in the area above the local maximum level. Such withdrawal quotations beyond the upper boundary of the channel is a strong signal of benefit purchases. Dow Jones forecast on February 6, 2017 — February 10, 2017 Cancellation option Dow Jones growth of quotations could be an attempt to drop and return inside the channel, in this case you should wait for the completion of formation of topping models forex head and shoulders continuation index quotations…

Quotes FTSE 100 stock index trading at 7190. The index is testing the support area, and there are risks to see continued growth of quotations index to a local maximum. In favor of a growth of quotations of the FTSE 100 will perform the test rising trendline on the Relative Strength Indicator. Forecast FTSE 100 on February 6, 2017 — February 10, 2017 Cancellation option will increase the index of quotations fall and breakdown of the rising channel’s lower border with the close below the 7020 area, which point to a continuation of falling of quotations in the area below…

NGAS Quotes ended the trading week at 3.050. We should expect an attempt to test the lower boundary of the rising channel and continued growth of gas prices in the area above the level of 3.50. In favor of a rebound NGAS quotations speak tight test the rising trend line on the indicator of relative strength. Natural Gas Forecast on February 6, 2017 — February 10, 2017 Cancellation option the growth of quotations and price of gas will sample the lower boundary of the channel, which will point to the continued decline in the area below the level of 2.52.…