Bitcoin Cash BCH/USD is trading at 1141. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test near the 1100 level, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency with a target above the level of 1400. Bitcoin Cash forecast & analysis BCH/USD June 8, 2018 An additional signal in favor of the growth of the crypto currency will be a support level test, as well as the formation of an inverted «Head…
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.
The currency pair Euro Dollar EUR/USD continues to move within the framework of growth. At the moment, we should expect a test of the support level near the area of 1.1720, where we can expect an attempt to rebound and continue the growth of the Euro/Dollar with a target above 1.1970. EUR/USD forecast & technical analysis June 8, 2018 In favor of the EUR/USD quotes growth, the trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the growth of the Euro/Dollar quotations will be followed by a drop and breakdown at the…
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 1.3450, where again we should expect a rebound and the continuation of the fall of the Pound against the US Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.3005. GBP/USD forecast & technical analysis June 8, 2018 In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). Cancellation of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of a bullish correction. At the moment, we should expect an attempt to test the resistance area near the level of 0.7660 and continue falling prices in the area below the level of 0.7470. AUD/USD forecast & technical analysis June 8, 2018 In favor of the fall of the AUD/USD pair, the resistance area test will be performed on the relative strength indicator, as well as the formation of the «Head and Shoulders» reversal model. The cancellation of the variant of the Australian Dollar price fall…
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 bottom of the channel near the level of 108.05 and continue the growth of the pair in the area above the level of 111.65. USD/JPY forecast & technical analysis June 8, 2018 In favor of reducing the pair USD/JPY from the current levels, a trend line test will be performed on the relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal model.…
Quotes of BRENT continue to move within the framework of a bullish correction. At this point, we should expect an attempt to test the resistance area near the level of 76.40 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 69.00. BRENT forecast & technical analysis June 8, 2018 In favor of falling quotations and prices for oil BRENT will test the trend line on the indicator of relative strength index (RSI), as well as test the lower boundary of the bullish channel. The abolition of the fall in oil prices…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in within the rising channel. At the moment, we should expect an attempt to test the support level near the area of 1.2830 and continue the growth of the pair in the area above the level of 1.3195. USD/CAD forecast & technical analysis June 8, 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 the fall and breakdown of the…
Quotes of GOLD continue to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near the area of 1300. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1280. XAU/USD forecast & technical analysis June 8, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head and Shoulders». Abolishing the variant of falling…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of the bullish correction. At the moment, we should expect an attempt to test the upper border of the channel near the area of 0.7060 and continue falling into the area below the level of 0.6840. NZD/USD forecast & technical analysis June 8, 2018 In favor of the fall of NZD/USD, a breakdown of the bullish trend line will appear on the indicator of relative strength index (RSI). The cancellation of the New Zealand Dollar quotation will result in a strong growth…
Currency pair Dollar Franc USD/CHF continues to move within a bearish correction. At the moment, we should expect an attempt to test the resistance area near the level of 0.9850 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9620. USD/CHF forecast & technical analysis June 8, 2018 In favor of the fall of the pair, Dollar Frank will perform a downtrend test on the indicator of relative strength index (RSI). Canceling the fall of the USD/CHF pair on Forex will be strong growth and breakdown of the area 0.9940, which…