Currency pair pound dollar GBP USD continues to trade forex in line with expectations and our forecast gbp/usd for tomorrow. Pound Dollar forecast — May 19, 2016 To date, the model’s head and shoulders are almost fulfilled its purpose. It is necessary to wait for the continuation of the pound falling of quotations in the area above the level of 1.4650, where we can expect the beginning of a downward correction. Cancellation option will break the fall of a local maximum level that will indicate an attempt to continue the growth of GBP/USD. Pound Dollar forecast — May 19, 2016…
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Quotes BRENT crude oil continues to test the region close to the level of $ 50 per barrel. At the moment, there is the potential for the development of a downward correction in the rebound from the resistance line on the indicator of relative strength. Forecast BRENT crude oil — May 19, 2016 The purpose of the fall can be a region at the level of 48 dollars per barrel. Cancellation option of falling oil prices will break through the resistance line of an indicator of RSI; it will provoke the continued growth and upward movement. Forecast BRENT crude oil…
Currency pair EUR USD continues to trade on FOREX within our expectations and the euro dollar forecast for tomorrow. At the moment, there is the potential to continue falling slightly below and started upward correction to above 1.1450 levels. EURO DOLLAR forecast — May 19, 2016 Cancellation option of upward correction may be a drop in the euro dollar quotations in the area below the level 1.1180, which will lead to the abolition of the potential formation of a head and shoulders pattern. An additional signal in favor of the beginning of the upward correction in the euro dollar acts…
Quotes stock index Nikkei 225 traded at 16665. At the moment, there is the potential to fall further down in the area at a level below 15520, which is the potential for the formation of the bull wave Wolfe. Nikkei 225 forecast — May 19, 2016 Consequently, the region stands at a level of 16665 quality level for the Nikkei index of sales with the tight stop. Cancellation option will drop the strong growth of quotations Nikkei 225 above the level of 16870. It is also worth remembering that the formation of the bullish wave pattern Wolfe does not involve…
Quotes stock index DAX 30 continues movement in the framework of the descending wave of Wolfe. The purpose of the fall is still the area at a level below 9050. DAX 30 forecast — May 19, 2016 Cancellation option of continuing drop in prices DAX 30 will increase the level set out above 10150. To date formed a triangle pattern on shorter periods of time, which will accelerate the penetration down the drop in prices in the region of the descending pattern Wolfe wave. DAX 30 forecast — May 19, 2016 suggests an attempt to continue the fall after the…
Quotes FTSE 100 stock index trades at 6135. At the moment, completed its formation descending pattern 5-0. Which points to the FTSE index of quotations drop to below the level of 6020. FTSE 100 forecast — May 19, 2016 Cancellation option to continue falling FTSE 100 quotations and of the descending pattern is 5-0 become a strong growth above the level of 6240. In this case, we should not expect the fall of quotations FTSE 100. FTSE 100 forecast — May 19, 2016 involves the reduction of quotations drop to below the 6020 level in the framework of the completion…
Quotes Dow Jones stock index continued to fall within our Dow Jones forecast for tomorrow. However, at the moment has the potential to bounce up in the framework of mining bullish wave pattern Wolfe with a view above the level of 17850. Dow Jones forecast — May 19, 2016 Cancellation option bullish pattern Wolfe waves on the Dow Jones index will fall below the level of quotations 17350. In this case, we should expect the quotes to continue falling further Dow below and refinement of a large reversal pattern head and shoulders. Dow Jones forecast — May 19, 2016 suggests…
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.
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,…