Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of the bullish correction. At this point, we should expect an attempt to test the resistance level near the area of 0.6895 and continue falling to the area below the level of 0.6760. NZD/USD forecast & technical analysis June 22, 2018 In favor of the fall of NZD/USD, a resistance line test will be performed on the relative strength index (RSI). The cancellation of the New Zealand Dollar quotation will result in a strong growth and breakdown at the level of 0.6945,…
Author: forex24pro
Currency pair Dollar Franc USD/CHF continues to move within a bearish correction. At this point, we should expect an attempt to test the support area near the 0.9900 level and continue the growth of the US dollar against the Swiss Franc with a target above 1.0070. USD/CHF forecast & technical analysis June 22, 2018 In favor of the growth of the Dollar/Franc, an uptrend test on the relative strength index (RSI) will perform. Canceling the growth of the USD/CHF pair on Forex will be the fall and breakdown of the area of 0.9850, which will indicate the breakdown of the…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the bearish correction and the start of the «Triangle» model development. At the moment, we should expect an attempt to test the support area near the level of 62.95 and continue the growth of the pair in the area above the level of 65.90. USD/RUB forecast & technical analysis June 22, 2018 In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth of the pair USD/RUB…
Bitcoin BTC/USD is trading at 6726. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend over Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 6600 is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 7350 level. Bitcoin forecast & analysis BTC/USD June 21, 2018 In favor of the growth of the cryptocurrency quotes, the test of the support area will perform, as well as the upper bound of the «Triangle» model. Earlier, a weak…
Ethereum ETH/USD is trading at 533. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test near the 525 level, from which it is expected to rebound and try to grow ETH/USD with a goal above the level of 600. Ethereum forecast & analysis ETH/USD June 21, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Earlier, a weak signal was received for buy of the Ethereum cryptocurrency, due to the…
Litecoin LTC/USD is trading at 97.29. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The Ichimoku Kinko Hyo cloud is expected to test near the 98 level, from which one should expect a rebound and an attempt to drop LTC/USD with a target below 85. Litecoin forecast & analysis LTC/USD June 21, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the upper limit of the «Triangle» model. Earlier, a weak…
Ripple XRP/USD is trading at 0.52. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.53, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target near the level of 0.45. Ripple forecast & analysis XRP/USD June 21, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the…
Bitcoin Cash BCH/USD is traded at the level of 884. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Bitcoin Cash. The Ichimoku Kinko Hyo cloud is expected to test near the level of 860, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency with a target above the level of 1015. Bitcoin Cash forecast & analysis BCH/USD June 21, 2018 An additional signal in favor of the growth of the cryptocurrency will be a support level test, as well as a test…
The currency pair Euro Dollar EUR/USD continues its movement within the framework of correction and formation of the «Triangle» model. At the moment, we should expect a test of the resistance level near the area of 1.1680, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1320. EUR/USD forecast & technical analysis June 21, 2018 In favor of falling quotations EUR/USD will test the downward trend line on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price decline will result in a strong…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At the moment, we should expect an attempt at a resistance area near the level of 1.3310, where again we should expect a rebound and the continuation of the fall of the Pound against the Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2930. GBP/USD forecast & technical analysis June 21, 2018 In favor of the fall of the pair on Forex will test the downward trend line on the indicator of relative strength index (RSI). Cancellation of the…