Quotes Gold XAU USD trading week complete fall. At the moment, we can expect continuation of falling gold prices. The purpose of the fall is the area of the lower boundary of the channel at the level of 1220. Forecast prices Gold week 23.05.2016 — 27.05.2016 Where possible uptrend correction. With the channel breaks down, it is necessary to expect continuation of falling prices for gold in the area nearest the support near 1180. An additional signals to rebound, testing the support line on the indicator of relative strength. Forecast prices Gold week 23.05.2016 — 27.05.2016 assumes the continuation of…
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.
The currency pair New Zealand dollar NZD USD ends week extension of the current fall. At the moment, there is the potential to see a test of the rising channel’s lower border. NZD USD forecast next week 23.05.2016 — 27.05.2016 We continue to hold the sale NZD USD. Already near the lower boundary of the channel at the level of 0.66, should try to buy. An additional signal in favor of the growth is the beginning of the test the support line on the indicator of relative strength. Cancellation option of growth within the mining bovine model 5-0, will break…
The currency pair USD CHF ends the current week as part of a strong upward movement. At the moment, there is potential for a rebound from the upper border of the channel and of the fall. USD CHF forecast next week 23 — 27 May 2016 Cancellation option will increase in quotes usd chf pair above the level of 1.00, which would provoke a continuation of growth of pair within the working off of Wolfe wave with target at level of 1.02. Therefore, at this moment we should try to sell the USD CHF with a close stop. USD CHF…
Currency pair USD JPY this week showed qualitative upward movement. At the moment, there is the potential for the development of a pair of quotes fall in the rebound from the resistance line on the indicator of relative strength. USD JPY forecast next week 23 — 27 May 2016 An additional signal in favor of falling of pair USD JPY on the current trading week 05/23/2016 — 05/27/2016 testing the upper limit of the downward channel. We continue to keep selling the pair with the tight stop. Cancellation option will be the fall of the strong growth of quotations of…
The currency pair Canadian dollar against the US dollar USD CAD completes the current trading week with a strong upward movement. At the moment, there are risks of correction to a broken neckline of an inverted head and furnace model. FOREX USD CAD forecast 23.05.2016 — 27.05.2016 After that is expected to continue rising in the vision area above the level of 1.3350. Cancellation option of continuing USD CAD growth of quotations in the week 23.05.2016 — 27.05.2016 will drop the pair below 1.2800. What lead to the cancellation of an inverted head and shoulders pattern. The purpose of growth…
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…
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…