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 test area of Ichimoku Kinko Hyo signal lines near the level of 0.55 is expected, 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 16, 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…
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.
Litecoin LTC/USD is trading at the level of 97. The cryptocurrency is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near level 100 is expected, from which it is expected to rebound and attempt to drop LTC/USD with a target below level 85. Litecoin forecast & analysis LTC/USD June 16, 2018 An additional signal in favor of the fall of the crypto currency will be a test of the resistance level, as well as a test of the…
Ethereum ETH/USD is traded at 493. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near the level of 500 is expected, from which one should expect a rebound and an attempt to drop ETH/USD with a target below the level of 410. Ethereum forecast & analysis ETH/USD June 16, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a test of the upper boundary of…
Bitcoin BTC/USD is trading at 6503. The cryptocurrency is traded below the upper limit of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The test area of the 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 fall of the cryptocurrency with a target at 5850 level. Bitcoin forecast & analysis BTC/USD June 16, 2018 In favor of falling quotations of cryptocurrency, the upper bound of the bearish channel will test, as well as the «Triangle» model boundary test. Earlier, a…
Currency pair Euro Dollar EUR/USD closes the trading week near the area of 1.1616 and continues to move within the bearish trend. At this point, we should expect a test of the resistance area near the level of 1.1740 and the continuation of the fall of the euro dollar in the area below the level of 1.1125. EUR/USD weekly forecast June 18 — 22, 2018 In favor of the fall of EUR/USD, a downtrend test on the relative strength index (RSI) will perform. The cancellation of the fall of the pair’s quotes in the current trading week will result in…
Quotes of BRENT crude oil close the trading week near the area of $ 73.55 per barrel. It is worth waiting for an attempt to test the resistance area near the level of 74.50 and the beginning of the fall of oil in the area below $ 65.00 per barrel. BRENT crude oil forecast June 18 — 22, 2018 An additional signal in favor of falling oil quotes in the current trading week will be a test of the resistance line on the indicator of relative strength index (RSI). Canceling the variant of falling quotations and prices for BRENT oil…
Currency pair Pound Dollar GBP/USD completes trading week near area 1.3282. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the resistance area near the level of 1.3350 and continue falling quotations in the area below the level of 1.2750. GBP/USD weekly forecast June 18 — 22, 2018 In favor of the fall of the British Pound will perform a test of a broken trend line on the indicator of relative strength index (RSI). The cancellation of the fall of the pair will result in a strong growth and breakdown…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 63.21 Rubles for the US Dollar. The pair continues to move within the framework of correction and formation of the «Triangle» model. At the moment, we should expect a test of the support area near the level of 62.30 and continue the growth of the pair above the level of 67.20 as part of the «Triangle» model development. USD/RUB weekly forecast June 18 — 22, 2018 In favor of the growth of the Dollar/Ruble pair will test the trend line on the indicator of…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7452. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the area of 0.7540 and continue the fall of AUD/USD with a target below 0.7150. AUD/USD weekly forecast June 18 — 22, 2018 In favor of the drop, a resistance line test will be performed on the relative strength index (RSI). The cancellation of the AUD/USD fall will result in a strong growth and breakdown at the level…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3194. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support area near the level of 1.3050 and continue the growth of quotations for a target above 1.3550. USD/CAD weekly forecast June 18 — 22, 2018 In favor of the growth of the pair USD/CAD will test the upward trend line on the indicator of relative strength index (RSI). The cancellation of the continuation of USD/CAD quotations growth in the current trading week…