The currency pair Canadian dollar against the US dollar USD/CAD, as expected in the previous survey course Canadians, went to the correction. FOREX USD/CAD Forecast May 30, 2016 — June 3, 2016 At the moment, there is potential for growth in the rebound from the rising channel’s lower border. There is formed bovine model of 1:1, which can lead to renewal of the maximum level. However, in case of break of 1.2980 we will form a reversal pattern head and shoulders that will indicate the Canadian quotations drop to below 1.25. FOREX USD/CAD Forecast May 30, 2016 — June 3,…
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Quotes of WTI crude oil also continued to grow at the current trading week. Here, similar to the structure of the triangle on the values of the indicator of relative strength. WTI oil prices Forecast May 30, 2016 — June 3, 2016 The breaking down of such a model and trigger a drop in prices for WTI oil prices to below $ 45 per barrel. If there is a triangle is broken up, we can see the acceleration of the upward trend in the oil. At the beginning of the trading week, we still expect a drop in the rebound…
Quotes oil BRENT showed high level update. In general, we expect such a scenario. At the moment, for oil is a serious obstacle in the form of a test of the upper boundary of the descending channel. BRENT oil prices Forecast May 30, 2016 — June 3, 2016 The indicator of the relative strength values pushed on the resistance, there is the potential for the development of a model falling and breaking down, which also suggests a drop in oil prices to below $ 43 per barrel. In case of breaking through the upper boundary is expected to continue the…
Currency pair Australian Dollar AUD/USD showed test the lower boundary of the rising channel on the current trading week. As you can see, bullish pattern 5-0 has completed the formation. FOREX AUD/USD Forecast May 30, 2016 — June 3, 2016 At this point we expect the start of the upward movement with a potential target higher than 0.79. Additional forex signal in favor of the aud/usd growth in the upcoming trading week testing the rising trend line on the indicator of relative strength. Cancellation option can be a break through the lower boundary of the channel, and a drop in…
Currency pair pound dollar GBP/USD continued to rise this week. At the moment, there is the potential to see a correction in the pound area at levels below 1.4550, and if the pound dollar continues to fall, it is likely to see a continuation of the downtrend. GBP/USD Forecast for next week 30.05.2016 — 03.06.2016 In favor of such an option in favor of formation of topping model head and shoulders on the indicator of relative strength. However, in the case of growth of the pound above the local maximum formed a descending pattern waves Wolf, which will indicate a…
Currency pair EUR/USD ends the week down current. At the moment, there is the potential to complete the bullish pattern of 1:1 in order to rise above the level of 1.1750. EUR/USD Forecast for next week 30.05.2016 — 03.06.2016 Cancellation option of such a model will drop the euro dollar to the current trading week below 1.0950. To complete the model, it is important to see the test level of 1.1080, where one can try to buy the pair EUR USD with a short stop. An additional signal in favor of the growth is the test rising trend line on…
Exchange the Dow Jones ends trading week higher. At the moment, there is the potential for the formation of an inverted head and shoulders pattern. To do this, you must see a drop in the DOW JONES quotations area at 17550, where we can expect the beginning of growth and a new maximum level. Dow Jones Forecast May 30, 2016 — June 3, 2016 Cancellation option can be a continuation of quotations index falling below 17280 levels, it cancels the inverted head and shoulders pattern. Target of the pattern may be a region above the level of 18300. Dow Jones…
Exchange S&P 500 index ends the week of serious growth. At the moment, it also should expect the test area highs above level 2110, where you can try to sell with a close stop. S&P 500 Forecast May 30, 2016 — June 3, 2016 An additional signal to the index fall of quotations will test resistance in the downtrend line indicator of relative strength. Cancellation option of falling can be a strong growth and penetration resistance levels above 2150. S&P 500 Forecast May 30, 2016 — June 3, 2016 assumes the field test in 2110, which is expected to rebound…
Exchange DAX index showed a slight growth of quotations. However, at the moment there is a potential for falling within the descending pattern head and shoulders. DAX 30 Forecast May 30, 2016 — June 3, 2016 The purpose of the fall of DAX 30 index of quotations on the current trading week may be a region at a level below 9040 Cancellation option may be an increase in quotes above the level of 10547. We are trying to sell to the right shoulder of the model and are ready to increase the volume of sales of the index breaks the…
Exchange the NASDAQ 100 index ends trading week higher. At the moment, there are no reversal patterns. As an index signal on sale can be used to test the down trend line indicator RSI. NASDAQ 100 Forecast May 30, 2016 — June 3, 2016 As you can see, there is still potential for further growth in the region high at 4580. From that level we can expect the development of a fall. NASDAQ 100 Forecast May 30, 2016 — June 3, 2016 index suggests growth of quotations in the resistance area at 4580, where you can try to sell with…