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 7, 2018 In favor of the fall of the AUD/USD pair, a resistance area test will be performed on the relative strength index (RSI). The cancellation of the variant of the Australian Dollar price fall will be a strong growth and breakdown at the level 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.
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 lower border of the uplink 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 7, 2018 In favor of reducing the pair USD/JPY from the current levels will test the trend line on the indicator of relative strength index (RSI). The cancellation of the fall variant of the Dollar/Yen pair will…
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 67.00. BRENT forecast & technical analysis June 7, 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 bullish channel. At this point, we should expect an attempt to test the support level near the area of 1.2820 and continue the growth of the pair in the area above the level of 1.3190. USD/CAD forecast & technical analysis June 7, 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 correction. 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 for a target below the level of 1260. XAU/USD forecast & technical analysis June 7, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI), as well as test the upper boundary of the descending channel. The reversal of the decline in GOLD…
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 0.7080 and continue falling into the area below the level of 0.6830. NZD/USD forecast & technical analysis June 7, 2018 In favor of the fall of NZD/USD, a breakdown of the upward 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 0.9890 and continue the fall of the US Dollar against the Swiss Franc with a target below 0.9650. USD/CHF forecast & technical analysis June 7, 2018 In favor of the fall of the pair, Dollar/Franc will perform a bearish 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 will indicate the…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction and the «Triangle» model. At the moment, we should expect an attempt to test the support area near the level of 61.45 and continue the growth of the pair in the area above the level of 65.50. USD/RUB forecast & technical analysis June 7, 2018 In favor of the growth of the pair USD/RUB will perform a test of the support area on the indicator of relative strength index (RSI). Cancellation of the growth variant of the USD/RUB pair on Forex will be a drop and breakdown…
Bitcoin BTC/USD are traded at the level of 7603 and continue to move within the bearish channel. At this point, we should expect a test of the support level test near the 7250 area. Again, we should expect a rebound and an attempt to start the growth of the Bitcoin exchange rate with a target above the level of 8450. Bitcoin (BTC/USD) technical analysis June 7, 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 Bitcoin growth option will be…
Ripple XRP/USD traded at 0.65 and continue to move in the bullish trend. At the moment, we should expect an attempt to test the support area near the level of 0.63 and continue the growth of the cryptocurrency in the area above the level of 0.85. Ripple (XRP/USD) technical analysis June 7, 2018 In favor of the growth of quotations XRP/USD will test the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the growth option will be the breakdown of the support area and the closing below the level of 0.53, which will indicate…