Quotes S&P 500 stock index continued to fall within the descending pattern 5-0 at the level of 2047. The purpose of the fall and of the descending pattern is the area of 5-0 at a level below 2020. S&P 500 forecast — May 19, 2016 Cancellation option S&P 500 falling quotations tomorrow will be strong growth above the level of 2090 in this case should not expect falling of quotations S&P 500. S&P 500 forecast — May 19, 2016 suggests an attempt to fall in the rebound from the upper border of the descending channel model 5-0.
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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.
Exchange and the NASDAQ were trading at close to 4320. Currently, there is a potential for a fall in the framework of the beginning of the descending pattern 5-0. As you can see, NASDAQ quotes tested the upper limit of the model and showed a fall. NASDAQ forecast — May 19, 2016 Target of the pattern 5-0 on the NASDAQ stock exchange is the area a below 4240. Cancellation option will drop strong growth and penetration of downtrend channel upper limits at a level above 4420. An additional signal in favor of the fall is the test of the descending…
Currency pair EUR USD continues to trade on the FOREX in line with expectations and the time of publication of yesterday’s forecast of the euro dollar, significant changes in the market did not happen and now we expect continuation of falling EUR/USD quotes to the nearest support at 1.1220. EUR USD Forecast FOREX – May 18, 2016 From the beginning we can expect upward correction in an area above the level of 1.1440. Cancellation option will break through the correction level of 1.12, which will lead to the cancellation of the formation of topping models forex head and shoulders. Thus,…
Quotes BRENT crude oil continued to test highs and was able to tightly touch the downtrend line on the indicator of relative strength. At the moment, we can expect the beginning of falling to below $ 46 per barrel. BRENT oil price forecast – May 18, 2016 Cancellation option will break through the trend line on the indicator RSI, which will lead to an acceleration of the current uptrend, while the value of the indicator is at the bottom, is expected to fall to 46 or lower. We try selling BRENT crude oil with a close stop. And with the…
Currency pair pound dollar GBP/USD forex trading is fully in line with expectations and our forecast for tomorrow GBP USD. GBP USD Forecast FOREX – May 18, 2016 At the moment there is a potential for a fall to below the 1.4420 level for the formation of an inverted head and shoulders pattern, then we can expect the beginning of growth of quotations of GBP/USD. Cancellation option can be either a continuation of the growth rate dollar pound forex above the level of 1.45, which will lead to continuing growth as part of our week GBP USD Forecast 05/16/2016 -…
The pair AUD USD on FOREX showed an upward movement, but for the moment retained the potential for growth within the mining inverted head and shoulders pattern that is within our bullish scenario based forecast AUD/USD for the week 05/16/2016 – 05/20/2016. AUD USD Forecast FOREX – May 18, 2016 To complete the formation of inverted head and shoulders pattern is necessary to see the test below 0.73, where you can try to buy the AUD/USD with a close stop. Cancellation option will be the continuation of the fall and upgrade the level of the local minimum. Thus, AUD USD…
Currency pair USD CHF forex continues to test the area of highs; there are still risks of falling in the rebound from the resistance area. USD CHF Forecast FOREX – May 18, 2016 The purpose of the fall and the region can act at a level below 0.96. An additional signal in favor of reducing the USD/CHF testing the descending trend line on the indicator of relative strength, which also points to the drop from the current levels. In case of continuation of the fall down to the level of 0.94 the potential to bounce up will continue. Thus, USD…
Currency pair USD/JPY continues to trade in the forex near the level of 109.47. At the moment, there is the potential for the drop in prices, the yen the dollar to below the level of 108.40 in the framework of working out a reversal pattern failure swing. USD JPY Forecast FOREX – May 18, 2016 We are trying to sell the currency pair USD JPY tight stop with the development of the fall ready to increase the volume of sales. Cancellation option of reduction of quotations USD JPY will be the growth of the dollar yen pair in FOREX above…
Currency pair USD CAD Canadian Dollar Forex was unable to complete the formation of the forex bullish wave pattern Wolfe. USD CAD Forecast FOREX – May 18, 2016 Currently the pair is trading within a triangle pattern, a break that up, provoke the growth of quotations USD CAD in the area above the level of 1.30. Cancellation option may be breaking through the model down; in this case it is necessary to switch to the bearish scenario. Thus, USD CAD Forecast FOREX – May 18, 2016 involves the attempt to increase the Canadian dollar quotations in the potential of breaking…
The currency pair New Zealand dollar NZD USD continues to test the forex area breached the neckline resistance reversal pattern head and shoulders. NZD USD Forecast FOREX – May 18, 2016 We continue to hold the sale nzd/usd and we expect continuation of falling and breaking through the level of the local minimum. Moreover, with the development of the fall we are ready to increase the volume of sales. Target of the pattern is still the area at a level below 0.66. Cancellation option will break through the level of the neckline up. Thus, NZD USD Forecast FOREX – May…