The currency pair Euro Dollar EUR/USD is trading below the moving average with a period of 55, suggesting a downward trend and the continued decline of the euro the dollar quotes. At the moment, there is the potential for a tight test the moving average, then we should expect a rebound of quotations and fall to below the level of 1.0490. Bollinger Bands Euro Dollar Forecast on February 24, 2017 Conservative area for selling the currency pair EUR/USD is close to the upper boundary of Bollinger Bands indicator at the level of 1.0630. Break of the 1.0650 area points to…
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.
Currency pair Australian Dollar AUD/USD is trading at 0.7690, the pair continues to develop its upward trend and is repelled by the moving average with period 55, which indicates a potential continuation of growth of pair. At the moment, we can expect another test of support in the form of moving average and test 0.7720 area. Bollinger Bands forecast AUD USD on February 24, 2017 Conservative area to buy the currency pair AUD/USD is located near the area of the lower Bollinger Bands indicator strips border at 0.7640, where the pair is expected to rise. Cancellation option will be the…
Currency pair EUR USD is trading at 1.0556. The pair continues to move in the development of the downward trend and currently retained potential to fall due to the strong signal received earlier in favor of the euro dollar of sales. Ichimoku Kinko Hyo forecast EUR USD on February 24, 2017 We should not exclude a tight resistance test in the form of the signal line Senkou B and continuation of decrease in pair of quotes in the area below the level of 1.0450. Cancellation option of falling EUR/USD will break-down area of 1.0620, which points to the breakdown of…
Quotes stock index DAX 30 is trading at 11999. At the moment, the index continues to move in an uptrend and is trading above the moving average with period 55, which indicates a potential continuation of an upward trend. Bollinger Bands forecast DAX 30 on February 24, 2017 We should expect a small correction DAX 30 index quotes to middle Bollinger Bands indicator strips from which is again expected to rebound and continue to grow. Area shopping for conservative index DAX 30 is located at the lower end of the indicator strips near the region 11700. Cancellation option of an…
Quotes stock index S&P 500 traded at the level of 2361. The index continues to move in an uptrend and is trading above the moving average with period 55, which suggests continued growth in S&P 500 quotes. At this point we should not exclude quotations falling attempted to middle Bollinger band indicator bands, where again there is the potential for growth in the area above the level of 2380. Bollinger Bands forecast S&P 500 on February 24, 2017 The conservative area to buy S&P 500 index is located near the lower boundary of the indicator bands on the level of…
Quotes NASDAQ 100 stock index trading at 5347. The index is moving within a strong uptrend and is trading above the moving average with period 55, which assumes the continuation of an upward trend with a view above the area 5380. Bollinger Bands forecast NASDAQ 100 on February 24, 2017 At this moment we should expect correction of the NASDAQ 100 index of quotations in the region moving average Bollinger bands indicator strips, where once again we can expect attempts of growth. The conservative area for shopping index is located at the lower Bollinger Bands indicator strips near the border…
Quotes Dow Jones stock index trading at 20754. At the moment, the index traded within a bullish trend and has potential for further development of growth after a minor correction to the middle Bollinger Bands indicator strips, where once again we can expect growth of quotations of Dow Jones. Bollinger Bands forecast Dow Jones on February 24, 2017 Conservative area to buy the index is located at the bottom of the indicator near the border region 20500. Cancellation option the Dow Jones quotes growth will drop and the breakdown field 20380 that indicates the likely change of trend in favor…
Quotes FTSE 100 stock index trading at 7305. The index moves above the moving average with a period of 55 that indicates a bullish trend for the index. Currently quotes are sandwiched by the model triangle and is expected to sample the upper boundary of the model and the continued development of growth with a view above the area 7350. Bollinger Bands forecast FTSE 100 on February 24, 2017 With the breakdown of the upper Bollinger Bands indicator strips border is expected to accelerate the growth of quotations of the FTSE 100. The conservative area for shopping is located at…
Currency pair EUR USD continues to move through the fall and our last forecast of the euro the dollar at the moment has the potential to complete the formation of bullish forex model Wolfe wave near the area of 1.0480, where is inhabited by an attempt to rebound and start the growth of quotations in the area above the level of 1.07. EUR USD Forex Forecast Euro Dollar on February 23, 2017 Cancellation option price growth will drop the euro, the dollar and the breakdown of 1.0440 area, which point to a continuation of the downward trend from the first…
Currency pair pound dollar GBP USD continues to move upward within the model 5-0, but still should not expect an attempt to break the rising channel’s lower border and a drop in prices to a dollar a pound below the level of 1.2270. Pound Dollar forecast GBP USD on February 23, 2017 In favor of reducing the lower limit of the sample perform a model triangle that points to the acceleration of the fall of quotations GBP/USD. Cancellation option will be a strong growth of the pair above the 1.2550 level, which points to continued growth in the region above…