Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 109.26. At this point we should expect an attempt to test the support level near the area of 108.10 and continue the growth of the pair in the area above the level of 111.10. USD/JPY weekly forecast June 11 — 15, 2018 In favor of the pair’s growth, the Dollar/Yen will perform a test of the support area on the relative strength index (RSI), as well as the formation of the bullish «Wolfe Wave» model. The cancellation of the growth of the…
Author: forex24pro
GOLD XAU/USD close the trading week near the area of 1298. Quotes continue to move within the correction. At the moment, we should expect a test of the resistance level near the area of 1310 and the continuation of the fall in the price of GOLD below the level of 1245. XAU/USD weekly forecast June 11 — 15, 2018 In favor of falling quotations and prices for GOLD will perform a downtrend 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 strong growth and breakdown…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7009. The pair continues to move in a bearish trend. At this point, we should expect a test of the resistance area test near the level of 0.7070 and continuation of the fall of the pair below the level of 0.6710. NZD/USD weekly forecast June 11 — 15, 2018 In favor of the fall of NZD/USD, a resistance line test will be performed on the relative strength index (RSI), as well as a test of the upper boundary of the bearish channel.…
Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9900. At the moment, we should expect an attempt to test the support area near the level of 0.9760 and continue the growth of the pair with a target above the level of 1.0320. USD/CHF weekly forecast June 11 — 15, 2018 In favor of the growth of the Dollar/Franc, a support area test will be performed on the relative strength index (RSI), as well as a test of the upper boundary of the bearish channel. Cancellation of the USD/CHF growth scenario will be the fall and breakdown…
Bitcoin BTC/USD completes the trading week at 7528 and continues to move within the correction and formation of the «Triangle» model. At this point, you should expect to try a test of the lower boundary of the model near the level of 7200. Where again we should expect a rebound and an attempt to increase the rate of Bitcoin with a target above 12500. Bitcoin weekly forecast June 11 — 15, 2018 In favor of the growth of quotations BTC/USD will perform a test of the support line on the indicator of relative strength index (RSI). The abolition of the…
Ethereum ETH/USD completes the trading week at 592 and continues to move within the framework of correction and formation of the model inverted «Head and Shoulders». At this point, we should expect a support level attempt near area 530. Again, we expect a rebound and the continued growth of the Ethereum rate with a target above the level of 1000. Ethereum weekly forecast June 11 — 15, 2018 In favor of the growth of quotations ETH/USD will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the growth option will be a…
Bitcoin BTC/USD is traded at the level of 7690. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the level of 7550, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 8400 level. Bitcoin forecast & analysis BTC/USD June 8, 2018 In favor of the growth of the cryptocurrency quotations, a test of the support area will perform, as well as a test of the lower boundary of…
Ethereum ETH/USD is traded at the level of 605. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 595, from which it is expected to rebound and try to grow ETH/USD with a target above the level of 675. Ethereum forecast & analysis ETH/USD June 8, 2018 An additional signal in favor of the growth of the cryptocurrency will be the support area test, as well as the lower bound of the «Triangle» model.…
Litecoin LTC/USD is trading at the level of 121. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the level 120, from which one should expect a rebound and an attempt at LTC/USD growth with a goal above the level of 135. Litecoin forecast & analysis LTC/USD June 8, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a test of the…
Ripple XRP/USD is trading at 0.68. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.67, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target near the level of 0.75. Ripple forecast & analysis XRP/USD June 8, 2018 An additional signal in favor of the growth of the cryptocurrency will be a support level test, as well as a test…