The pair AUD USD continued to fall in the FOREX, but in our weekly forecast AUD USD on 05.16.2016 — 05.20.2016, we have assumed an option to bounce up in the framework of the beginning of the mining model bovine 5-0. At the moment, small time intervals indicate rather the continuation of the downward trend with a view to below 0.72. Forecast FOREX AUD/USD for tomorrow May 17, 2016 Consider selling the pair at the time of the test downward trend line on the indicator of relative strength. Cancellation option of falling quotations AUD USD 17.05.2016 will be the pair above…
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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.
Currency pair pound dollar GBP/USD Forex continues to test the support area densely inverted head and shoulders pattern, which suggests an attempt to rebound and develop quotes GBP USD growth in the area above the level of 1.45. FOREX GBP/USD Pound Dollar forecast May 17 2016 Cancellation option can be a strong drop in prices pair pound dollar below the level 1.4250, which will lead to a drop in the region at the level of 1.40. Additional forex signal in favor of the growth is the test rising trendline on the RSI indicator of relative strength, which also involves the…
Quotes BRENT crude oil continued to rise and were able to test the area of $ 50 a barrel, but at the moment the values of the relative strength indicator clamped in the model triangle. On the one hand the penetration of such a model could push oil prices further up, on the other quotations of oil testing resistance area, which implies a drop in Brent prices in the region at a level below 48 dollars per barrel. BRENT oil prices Forecast today May 17 2016 Cancellation option will break through the level of the upper limit of the triangle…
Currency pair EUR USD continues to trade on the FOREX in line with expectations and our forecast of the dollar euro on the week 05/16/2016 – 20/05/2016. At the moment, there is the potential to see the fall of the euro against the US dollar quotations in an area at 1.1250, where correction is expected to attempt to complete the development of the formation of topping models forex head and shoulders. FOREX Euro Dollar Forecast May 17 2016 Now we have no open positions on the EUR USD, but close to the level of support we are ready to try…
Currency pair pound dollar GBP USD forex showed quality and the rapid growth in April 2016. To date, there is every chance to see the testing of an inverted head and shoulders pattern with the overall aim of improving on the level above 1.53. However, try to buy the pound against the US dollar is only at the time of the fall and test the breached neckline at 1.4350. In the case of continuation of the fall gbp usd should expect the downside movement for the pair. Forex forecast Pound Dollar (GBP/USD) May 2016 Therefore, in the near future we…
Currency pair Australian dollar against the US dollar AUD USD still managed to show a rebound from the upper border of the descending channel 1: 1 model. Already in May 2016 is expected to start falling in the region below the local minimum at 0.65. However, this overall goal mining model that may be unattainable in May 2016. Forex Forecast AUD/USD on May 2016 Cancellation of the fall of quotations of the Australian dollar will be the pair aud usd higher than 0.80, which will lead to the cancellation of a downward FX 1:1 model. An additional signal in favor…
The currency pair New Zealand dollar against the US dollar NZD USD shows growth attempts, but we were waiting for the fall and already full of the downtrend for the pair in April, it is now the beginning of May 2016, and quotes nzd usd still cannot proceed with the development of a fall. FOREX Forecast for the month May 2016: NZD/USD Currently, a strong signal in favor of the drop in prices of the New Zealand dollar on the Forex in May 2016 stands the test downward trend line on the indicator of relative strength on the weekly chart…
Currency pair EUR USD Forex completed last month growth, but we have not yet gone beyond the lateral movement in the pair. Only a strong break of 1.17 will lead to the beginning of the upward movement and attempt to work out the price range in which the euro, the dollar was trading for over a year. At the beginning of May 2016, we expect an attempt to rebound from the resistance level of lateral movement, which implies a drop in the EUR USD region at a level below 1.10. Forex forecast Euro Dollar (EUR/USD) on May 2016 Moreover, even…
The currency pair USD CHF on FOREX trading down throughout April, but already today we can talk about the potential growth of quotations pair usd chf bullish within the mining model Wolfe waves on the daily chart of the Swiss franc. FOREX Forecast to May 2016: USD/CHF A potential target of the growth of quotations usd/chf in May 2016 the area at a level above 1.02. Cancellation option development and testing of bovine growth model Wolfe waves on the daily chart may be a continuation of the fall of the franc against the dollar quotations below 0.93. On the weekly…
Quotes of oil BRENT brands showed significant growth in April 2016 and were able to test the area at the level of 48 dollars per barrel. But now on the weekly chart, the price of oil relative strength indicator values pushed on the downtrend line, which suggests an attempt to continue the fall in oil prices in May 2016. The purpose of such a drop in prices, Brent may enter the area at the level of 30 dollars per barrel; it is here that will test the rising trend line on the indicator of relative strength. Cancellation option of falling…