Litecoin LTC/USD is trading at 97.39. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 100 is expected to test the lower boundary, from which one should expect a rebound and an attempt to drop LTC/USD with a target below the level of 80. Litecoin forecast & analysis LTC/USD June 20, 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…
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.
Ethereum ETH/USD is trading at 530. 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 520 level, from which it is expected to rebound and try to grow ETH/USD with a target above the level of 600. Ethereum forecast & analysis ETH/USD June 20, 2018 An additional signal in favor of the growth of the cryptocurrency will be the support area test, as well as the upper bound of the «Triangle» model. Earlier, a weak signal was received for…
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 1.1710, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below the level of 1.1250. EUR/USD forecast & technical analysis June 20, 2018 In favor of falling quotations EUR/USD will test the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price drop will result…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At this point, we should expect an attempt at a resistance area near the level of 1.3205, where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The fall target of the GBP/USD pair is the area below the level of 1.2950. GBP/USD forecast & technical analysis June 20, 2018 In favor of the fall of the pair on Forex will perform a test of the broken trend line on the indicator of relative strength index (RSI).…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in a bearish trend. At the moment, we should expect the test of the resistance area test near the level of 0.7390 and the continuation of the fall of quotations in the area below the level of 0.7200. AUD/USD forecast & technical analysis June 20, 2018 In favor of the fall of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of the Australian Dollar price fall will be a strong growth and breakdown at the level…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of the decline. At this point, we should expect an attempt to test the support area near the level of 109.50 and continue the growth of the pair in the area above the level of 111.25. USD/JPY forecast & technical analysis June 20, 2018 In favor of the growth of the pair USD/JPY, an uptrend test on the relative strength index (RSI) will perform, as well as a test of the lower boundary of the uplink. The cancellation of the growth variant of…
Quotes of BRENT continue to move within the bearish channel. At this point, we should expect an attempt to test the resistance area near the level of $ 75.20 per barrel. Further, the continuation of the fall of oil in the area below the level of 70.00. BRENT forecast & technical analysis June 20, 2018 In favor of falling quotations and oil prices BRENT will perform a downward resistance test on the indicator of relative strength index (RSI). The abolition of the fall in oil prices will be a strong increase and a breakdown of 77.00 dollars per barrel, which…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in as part of the growth and bullish channel. At this point, we should expect an attempt to test the support level near the area of 1.3170 and continue the growth of the pair in the area above the level of 1.3455. USD/CAD forecast & technical analysis June 20, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a trend line test on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth option on FOREX will be the fall and breakdown…
Quotes of GOLD continue to move in a bearish trend. At this point, you should expect a resistance level attempt near the area of 1285. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1235. XAU/USD forecast & technical analysis June 20, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the GOLD price growth scenario will result in a strong growth and breakdown of the 1300 area, which will indicate…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the limits of the decline. At this point, we should expect an attempt to test the resistance level near the area of 0.6950 and continue falling to the area below the level of 0.6745. NZD/USD forecast & technical analysis June 20, 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 a breakdown at the level of 0.7020,…