Quotes of WTI oil at the current trading week failed to update the domain highs. However, at the moment there is a potential for the development of the fall in the rebound from the resistance area. Forecast WTI crude oil 05/23/2016 — 05/27/2016 As you can see on the daily chart of oil prices, the value of the indicator of the relative strength tight test resistance area. This involves trying to rebound and fall to the level of below $ 40 per barrel. Cancellation option of drop in oil prices of WTI will be a strong increase in oil prices…
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.
Quotes BRENT oil firmly tested the area of the upper boundary of the descending channel. At the current trading week 05/23/2016 — 05/27/2016 we expect a rebound attempt from the 50 level and the development of a downtrend. Forecast BRENT crude oil May 23 — May 27, 2016 Cancellation option can become a strong growth of quotations of oil above the level of 52 dollars per barrel price. What lead to the option with the continuation of the uptrend movement. An additional signal in favor of oil falling BRENT testing the downtrend line on the indicator of relative strength, it…
The pair AUD USD continues to test the lower boundary of the bovine model 5-0. The purpose of growth and refinement of this model is the area above the level of 0.78. AUD USD forecast May 23 — May 27, 2016 Cancellation option of an upward movement in the current trading week will be a drop in prices of the Australian dollar below 0.71. An additional signal in favor of the growth of the Australian dollar quotations testing the rising trend line on the indicator RSI. That also involves an attempt to continue the growth already from current levels. AUD…
Currency pair pound dollar GBP USD at the current trading week, showed an upward movement. Forex Pivot model head and shoulders and assumes continued growth in the next week. GBP USD forecast May 23 — May 27, 2016 Cancellation option will drop in prices pair pound dollar below 1.43. Additional signals in favor of the pound test of the growth is the rising trend line on the indicator of relative strength. The overall objective of the growth rate dollar at the pound trading week is the area above the level of 1.50. However, smaller time intervals indicate a minor correction…
Currency pair EUR USD held this week in line with expectations. At the moment, there is potential for the beginning of growth at the beginning of the next trading week. EUR USD forecast next week May 23 — May 27, 2016 As you can see on the daily chart eur/usd, indicator RSI testing the uptrend line. That involves an attempt to rebound and growth in the area of a local maximum. It also has the potential to form a bullish pattern of 1:1. To do this, see the test of the rising channel’s lower border. Where we should expect a…
Currency pair EUR USD continues to trade on the Forex in line with expectations and our euro forecast for tomorrow. At the moment there is a potential for correction to above 1.1340 levels. EUR/USD dollar exchange rate forecast May 23, 2016 Cancellation option can be a continuation of the fall and refresh lows. You can also assume that we have formed bullish pattern of 1:1. To complete the formation of the model you want to see a test level of 1.1120. Where can I consider buying the euro dollar pair with a little stop loss. At this moment we should…
BRENT crude oil prices began to fall. At the moment, there is the potential for formation of bullish pattern 5-0. The aim of such a growth pattern in the chart is the area of oil above 50 dollars per barrel. Forecast BRENT crude oil — May 23, 2016 Cancellation option will be the mining model and the drop in prices of BRENT oil prices below $ 46 per barrel. Who is expected to continue falling in the Brent area of the lower boundary, where correction is possible. Forecast BRENT crude oil — May 23, 2016 involves the fall of quotations…
Currency pair pound dollar GBP/USD continues to trade forex in line with expectations and our forecast GBP/USD for tomorrow. GBP/USD pound to dollar forecast May 23, 2016 At the moment, there is the potential for the formation of reversal pattern head and shoulders. The aim of the pound quotations fall is the area on the level below 1.4480. Cancellation of the formation of the model head and shoulders will be a strong growth of quotations of the pair above the 1.4680 level. At this moment we should wait for the right shoulder-level test can be where you can try to…
The pair AUD USD continued to fall in the FOREX. At the moment, there is potential for growth in the beginning of the aud/usd within the mining bullish wave pattern Wolfe. AUD USD FOREX forecast — May 23, 2016 The purpose of growth is the area above the 0.7420 level. Cancellation option will be the continuation of the upward movement of a drop in prices pair below 0.7140. An additional signal in favor of the growth is the test of the trend line on the indicator of relative strength. AUD USD FOREX forecast — May 23, 2016 is expected to…
Currency pair USD CHF Forex continued to rise. However, to date the franc quotations are testing the upper limit of the downward channel. USD CHF FOREX forecast — May 23, 2016 There is a potential for the formation of the descending pattern is 1:1. The purpose of the fall and testing of such a model can be a region at a level below 0.90. Cancellation option will be a strong growth of quotations usd/chf and penetration level of the upper border of the channel. An additional signal in favor of the fall is the test of the descending trend line…