Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in within the bullish channel and formation of the «Triangle» model. At this point, we should expect an attempt to test the support level near the area of 1.2930 and continue the growth of the pair in the area above the level of 1.3245. USD/CAD forecast & technical analysis June 14, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth scenario on Forex will be…
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.
Quotes of BRENT continue to move within the framework of correction and formation of the «Triangle» model. At the moment, we should expect an attempt to test the resistance area near the level of 76.60 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 70.00. BRENT forecast & technical analysis June 14, 2018 In favor of falling quotes and oil prices BRENT will test the resistance area on the indicator of relative strength index (RSI). The abolition of the fall in oil prices will be a strong growth and a breakdown…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of the bullish correction. At this point, we should expect an attempt to test the resistance area near the level of 110.70 and the continuation of the fall of the pair into the area below the level of 108.80 within the framework of working off the bearish «Wolfe Wave» model. USD/JPY forecast & technical analysis June 14, 2018 In favor of reducing the pair USD/JPY will perform a downtrend test on the indicator of relative strength index (RSI). The cancellation of the fall…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction. At the moment, we should expect an attempt to test the resistance area near the level of 0.7610 and the continuation of falling quotations in the area below the level of 0.7450. AUD/USD forecast & technical analysis June 14, 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 drop in the Australian Dollar quotations will result in a strong growth and breakdown at the level of 0.7660, which…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At the moment, we should expect an attempt of a resistance area near the level of 1.3400, where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The target of the fall of the pair GBP/USD is the area below the level of 1.3120. GBP/USD forecast & technical analysis June 14, 2018 In favor of the fall of the pair on Forex will break through the support line on the indicator of relative strength index (RSI). The…
The currency pair Euro Dollar EUR/USD continues to move within the framework of the bullish correction. At the moment, we should expect a test of the resistance level near the area of 1.1830, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1540. EUR/USD forecast & technical analysis June 14, 2018 In favor of falling quotes EUR/USD will form a reversal model «Head and shoulders» on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro Dollar price decline will result in a strong growth…
Bitcoin BTC/USD is trading at 6677. The cryptocurrency is traded below the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo signal line area test near the 6800 level is expected, from which we should expect a rebound and an attempt to continue falling of the cryptocurrency with a target at the level of 6000. Bitcoin forecast & analysis BTC/USD June 13, 2018 In favor of falling quotations of cryptocurrency, a resistance area test will perform, as well as a test of the upper bound of the «Triangle» model. Earlier, a weak…
Ethereum ETH/USD is traded at the level of 502. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near the level of 520 is expected, from which one should expect a rebound and an attempt to drop ETH/USD with a target below the level of 440. Ethereum forecast & analysis ETH/USD June 13, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, a weak signal was received…
Litecoin LTC/USD is trading at level 99. 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 level 88. Litecoin forecast & analysis LTC/USD June 13, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, we received a weak signal for sell of Litecoin cryptocurrency, due to the crossing…
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 0.56 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 0.47. Ripple forecast & analysis XRP/USD June 13, 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…