The pair AUD USD Australian Dollar continues to trade on the FOREX in line with expectations and our forecast weekly AUD / USD. At the moment, formed an inverted head and shoulders pattern on the hourly chart of the Australian dollar, which implies an attempt to increase at a level above 0.7430. Cancellation option will update the field local minimum. We try buying aud usd with tight stop. Cancellation option will break through the level of formation of the right shoulder model. Australian Dollar forecast today: May 11 2016 Thus, Australian Dollar forecast today: May 11 2016 suggests an attempt…
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.
Currency pair pound dollar GBP / USD continues to test the FOREX support area at 1.4440. We should expect a rebound attempt and growth in the region at a level above 1.46. Cancellation option could be a drop in prices of the currency pair GBP USD below 1.44, which indicates an area in the fall to below 1.4150. An additional signal in favor of correction testing the rising trend line on the RSI indicator of relative strength. GBP/USD analysis and forecast today: May 11 2016 Thus, GBP/USD analysis and forecast today: May 11 2016 suggests an attempt to upward correction…
Quotes BRENT crude oil continues to trade within the Forex pivot head and shoulders pattern. The purpose of the fall is still the area at the level of below $ 40 per barrel. Cancellation option for oil 11 May 2016 falling prices will rise above the level of quotations BRENT forming the right shoulder of the model 45.60 dollars. We continue to hold short positions in oil with a close stop. As the fall in oil prices 05.11.2016 ready to increase the volume of sales. Crude OIL price forecast: May 11 2016 Thus, Crude OIL price forecast: May 11 2016…
Currency pair EUR USD on FOREX continues to build on the areas of support, indicating the attempt to increase the euro dollar quotations to a local maximum, from which we can expect the euro dollar reversal. An additional signal in favor of the beginning of the upward correction in favor of the trend line and the test on the display relative strength. Cancellation option will drop in prices EUR USD 1.1350 below the level that indicates a drop to the nearest support at 1.1250 below. Forecast EUR USD Today: May 11 2016 Thus, the EUR USD Forecast Today: May 11,…