Author: BYMARKETSCOM

Currency pair US Dollar to Canadian Dollar USD/CAD is trading at the level of 1.3707. The pair is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the pair US Dollar to Canadian Dollar. Ichimoku Kinko Hyo Cloud is expected to test near the 1.3660 level, from which it is expected to test the upper boundary of the Ichimoku Kinko Hyo Cloud near the level of 1.3700. Technical analysis & forecast USD/CAD on May 16, 2017 Earlier, a medium strength signal was generated for purchases of the pair US Dollar to Canadian Dollar, due to the crossing…

Currency pair US Dollar to Swiss Franc USD/CHF is trading at the level of 1.0009. The currency pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the pair US Dollar to Swiss Franc. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.9980 level, from which it is expected to try to grow and develop the bullish trend for the pair US Dollar to Swiss Franc near the level of 1.0070. USD/CHF forecast Dollar Swiss Franc on May 16, 2017 Earlier, a weak signal was received for…

Currency pair New Zealand Dollar to US Dollar NZD/USD is trading at 0.6854. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downtrend in the New Zealand Dollar to US Dollar. The pair is expected to grow near the level of 0.6890, from which it is expected to attempt a fall and develop a bearish trend for the pair with a view to lower near the level of 0.6800. Technical analysis & forecast NZD/USD on May 16, 2017 Earlier, a strong signal was received for the sale of the currency pair New…

Currency pair British Pound to US Dollar GBP/USD is trading at 1.2882. The pair broke through Ichimoku Kinko Hyo Cloud and began to trade below its lower limit, indicating a downward trend in the pair British Pound to US Dollar. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 1.2900, from which one should expect an attempt to fall and develop a bearish tendency for the pair to fall near the level of 1.2740. GBP/USD forecast Pound to US Dollar on May 16, 2017 Earlier, a weak signal was received for the sale of the…

Currency pair Australian dollar to US Dollar AUD/USD is trading at the level of 0.7385. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in the pair Australian Dollar to US Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.7400, from which one should expect an attempt to fall and further develop bearish tendency for a pair near the level of 0.7300. Technical analysis & forecast AUD/USD on May 16, 2017 Earlier, a weak signal was received for purchases of the currency pair Australian…

Gold XAU/USD is trading at the level of 1227.86. Gold is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a downward trend in Gold. Ichimoku Kinko Hyo Cloud near the level of 1233.00 is expected to test the lower boundary of the Cloud, from which one should expect an attempt to fall and further develop the bearish trend for Gold near the level of 1214.00. XAU/USD forecast Gold prices on May 15, 2017 Earlier, we received a weak signal for purchases of Gold, due to the crossing of the signal lines at the level of 1225.00.…

Brent crude oil is trading at $ 50.99 a barrel. Brent crude oil continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in oil. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the level of 49.90, from which one should expect an attempt to grow and develop the bullish trend for Brent Oil near the level of 53.20. Brent crude oil price forecast on May 15, 2017 Earlier, we received a weak signal for buy of Brent Oil, due to the crossing of the signal lines Ichimoku Kinko Hyo…

Gold XAU/USD completes the trading week at the level of 1227.86. Gold is trading below the moving average with a period of 55, indicating a bearish trend in gold. At the moment, Gold quotes are moving near the lower border of the Bollinger Bands indicator bars. A test is expected on the middle of the Bollinger Bands indicator strip near the level of 1258.00, where again we should expect an attempt to continue the fall and develop the bearish trend for Gold with the first target near the level of 1178.00. XAU/USD forecast for the week May 15 — 19,…

Quotes of Silver XAG/USD finish the trading week at 16.43. Silver continues to trade below the moving average with a period of 55, indicating a bearish trend in silver. At the moment, Silver quotes are moving towards the middle border of the Bollinger Bands indicator bars. It is worth waiting for the test of the average border of the Bollinger Bands indicator near the level of 17.00, where again we should expect an attempt to continue the fall and further development of the downward trend for Silver with the first target near the level of 15.80. XAG/USD forecast for the…

Quotes WTI oil traded at the level of 48.17 dollars per barrel. Oil continues to trade below the moving average with a period of 55, indicating a bearish trend for WTI oil. At the moment, oil quotes are moving near the middle border of the Bollinger Bands indicator strip. A correction to the level of the moving average with a period of 55 near the level of 49.60 is expected, where again we should expect an attempt to continue the fall and further development of the downward trend in oil with the first goal near the level of 44.10. WTI…