The currency pair Pound Dollar GBPUSD on the current trading week, showing a correction, as we expected last week forecast the pound. At the moment, there is potential for a rebound up under the test of the rising support line on the indicator of relative strength that already involves an attempt GBPUSD growth. In the last forecast, we also noted the option to test the breached neckline of an inverted head and shoulders pattern and the start of her working out, this model is still in force and in the case of a deep fall of the pound, the potential…
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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.
Quotes of oil Brent on the current trading week, try to update the field max, however, full upward movement did not happen. On the daily chart the price of oil Brent, quotes continued movement within the ascending channel that tells us about the continuation of the bullish trend for Oil. It also formed a reversal pattern on the display relative strength, which suggests an attempt BRENT quotes fall into the region at a level below 43 dollars per barrel. BRENT oil price FORECAST on 16 — 20 May, 2016 On the next trading week 05.16.2016 — 05.20.2016, also have the…
EURUSD currency pair euro dollar in the current trading week showed no significant movements in the FOREX and completes it near the level of 1.1350. At the beginning of the new trading week 05.16.2016 — 05.20.2016 is expected to attempt to euro quotations falling dollar in the region at the level of 1.1250, where there is a potential for the development of correction and reversal pattern forming head and shoulders. To do this test to see further into the region above the 1.1420 level, where you can try new Euro sales with the targets below 1.07. Forecast EUR/USD for the…
Quotes FTSE 100 stock index at the level of complete trading week close to 6103. Currently, there is potential for the formation of topping models forex head and shoulders with the subsequent development of falling stock index FTSE 100. However, quotes for the completion of the model you want to see the growth of quotations in the area above the level of 6200 to complete the right shoulder model, where should try to sell Foots index with a close stop. Forecast FTSE 100 index for the week 05/16/2016 — 05/20/2016 Potential same purpose falls in quotations Foots 100 is the…
Quotes stock index Dow Jones finish trading week at 17660. At the moment has the potential to continue fall within the beginning of working out a reversal forex head and shoulders pattern with a view to lower the level of 17100. Cancellation option will break through the local maximum level. Forecast Dow Jones index for the week 05/16/2016 — 05/20/2016 An additional signal in favor of the stock index Dow Jones falling quotations testing the resistance area on the chart. Quality area for sales will appear only after the price breaks the level of the neckline a reversal pattern. Thus,…
Quotes stock index NASDAQ 100 finish at 4350 trading week of the current moment there is the potential to see a test of the rising channel’s lower border at the level of 4230 is already on the next trading week 16/05/2016 – 20/05/2016. Even after 4230 the level of the test is expected to attempt to correct the start up within 5-0 working out bovine model and complemented signal in favor of growth will test the trend line on the RSI indicator of relative strength. A variant of the continuation of the fall of the index will yield quotations Nasdaq…
Quotes stock index NIKKEI 225 complete trading week near the level of 16490. At the moment, this structure represents a downward movement of the head and shoulders pattern, which implies a drop in prices NIKKEI 225v area at a local minimum index below 15,500 Cancellation option of the fall of the Nikkei will be a strong growth of quotations and the penetration level of the upper border of the channel, in this case it is necessary to move to the bovine variant forecast NIKKEI 225. Also, there is the daily chart of the index NIKKEI 225 formed a descending pattern…
Quotes stock index S&P 500 finish the trading week near the level of 2060. At the moment, and here we see the formation of topping forex model head and shoulders, drop goal and working out which is the area on the level below 2000. Cancellation option will be a strong increase in the Dow Jones quotes higher level 2090. An additional signal in favor of the fall is the break through the support level of the indicator of relative strength, which is a model of failure swing, target of the pattern is the breaking of the neckline. S&P 500 Index…
Quotes stock index DAX 30 complete trading week near the level of 9940. To date, remains relevant business idea with the continuation of the fall to below the 9255 level, in the framework of the descending pattern Wolfe waves. Cancellation option can become a strong growth of quotations of the stock index DAX 30 above the local maximum level that will cancel the bearish wave of Wolfe. DAX 30 index forecast for the week May 16 — 20, 2016 Thus, DAX 30 index forecast for the week May 16 — 20, 2016 suggests an attempt to continue falling in the…
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 GBP/USD on May 2016 Therefore, in the near future we expect…