Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 110.50. At this point, we should expect an attempt to test the support level near the area of 108.80 and continue the growth of the pair in the area above the level of 114.50. USD/JPY weekly forecast June 18 — 22, 2018 In favor of the pair’s growth, the Dollar/Yen will test the uptrend line on the relative strength index (RSI). The cancellation of the growth of the pair USD/JPY in the current trading week will be the fall and breakdown 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.
GOLD XAU/USD close the trading week near the area of 1280. Quotes continue to move in a bearish trend. At this point, we should expect a test of the upper border of the channel near the area of 1300 and the continuation of the fall in the price of GOLD below the level of 1240. XAU/USD weekly forecast June 18 — 22, 2018 In favor of falling quotations and prices for GOLD will perform a bearish test of the trend on the indicator of relative strength index (RSI). The cancellation of the fall in XAU/USD quotations will result in a…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6947. 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 level of 0.6960 and continue the fall of the pair below the level of 0.6640. NZD/USD weekly forecast June 18 — 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 fall variant will result in a strong…
Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9946. At the moment, we should expect the test of the support area test near the 0.9910 level and the continued growth of the pair with a target above the level of 1.0350. USD/CHF weekly forecast June 18 — 22, 2018 In favor of the growth of the Dollar/Franc pair will perform a test of the support area on the relative strength index (RSI), as well as the upper bound of the «Flag» model. Cancellation of the USD/CHF growth scenario will be the fall and breakdown of…
Bitcoin BTC/USD completes the trading week at 6511 and continues to move within the limits of the decline. At the moment, we should expect an attempt to test the lower limit of the «Triangle» model near the level of 7000. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below 4000 as part of the model’s development. Bitcoin weekly forecast June 18 — 22, 2018 In favor of falling quotations BTC/USD will test the resistance line on the indicator of relative strength index (RSI). The abolition of Bitcoin’s…
Bitcoin BTC/USD is traded at 6630. The cryptocurrency is trading below the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 6700 is expected, from which one should expect a rebound and an attempt to continue falling of the cryptocurrency with a target at the level of 5900. Bitcoin forecast & analysis BTC/USD June 15, 2018 In favor of falling quotations of the cryptocurrency will test the upper limit of the bearish channel. Earlier, a weak signal was received for the…
Ethereum ETH/USD is trading at 518. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. A test of the Ichimoku Kinko Hyo signal line area near the 530 level is expected, from which one should expect a rebound and an attempt to drop the ETH/USD with a target below the level of 440. Ethereum forecast & analysis ETH/USD June 15, 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…
Litecoin LTC/USD is trading at the level of 100. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near level 102 is expected, from which it is expected to rebound and attempt to drop LTC/USD with a target below the level of 85. Litecoin forecast & analysis LTC/USD June 15, 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 boundary…
Ripple XRP/USD is trading at 0.55. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of the Ichimoku Kinko Hyo signal lines near the level of 0.57 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 15, 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…
Bitcoin Cash BCH/USD is traded at the level of 885. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is near the 900 level, from which it is expected to attempt a rebound and continue falling of the cryptocurrency with a target below the level of 650. Bitcoin Cash forecast & analysis BCH/USD June 15, 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…