Quotes of GOLD continue to move in a bearish trend. At the moment, we should expect an attempt at a resistance level near the area of 1255. Where can we expect a rebound and the continuation of the fall in the price of GOLD for a target below the level of 1230. XAU/USD forecast & technical analysis June 29, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the growth of the price for gold will be a strong growth and breakdown of the 1260 area,…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. At the moment, we should expect an attempt to test the resistance level near the area of 0.6785 and continue falling to the area below the level of 0.6680. NZD/USD forecast & technical analysis June 29, 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 New Zealand Dollar quotation will result in a strong growth and breakdown at the level of 0.6845, which will indicate…
Currency pair Dollar Franc USD/CHF continues to move within the correction. At this point, we should expect an attempt to test the support area near the level of 0.9975 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0050 level. USD/CHF forecast & technical analysis June 29, 2018 In favor of the growth of the Dollar/Franc, an uptrend test on the relative strength index (RSI) will perform. Cancellation of the growth of the pair USD/CHF on Forex will be a fall and breakout of the area 0.9950, which will indicate the breakdown of…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of a bearish correction. At this point, we should expect a test of the support area near the level of 62.85 Rubles per US Dollar and the pair’s continued growth in the area above the level of 64.70. USD/RUB forecast & technical analysis June 29, 2018 In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength index (RSI). Canceling the growth of the pair USD/RUB on Forex will be a drop and a breakdown…
Bitcoin BTC/USD are traded at the level of 6082 and continue to move within the correction. At this point, we should expect an attempt to test the resistance level near the area of 6150. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below 5650 level. Bitcoin (BTC/USD) technical analysis June 29, 2018 In favor of falling quotations BTC/USD will test the resistance line on the indicator of relative strength index (RSI). The abolition of the Bitcoin fall will be a strong growth and a breakdown of the…
Bitcoin Cash BCH/USD is trading at 694. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the 730 level is expected to be tested near the level of 730, from which it is expected to attempt a rebound and continue falling of the cryptocurrency with a target below the level of 480. Bitcoin Cash forecast & analysis BCH/USD June 29, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as…
Ripple XRP/USD is trading at 0.44. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.47 level, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target near the level of 0.36. Ripple forecast & analysis XRP/USD June 29, 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…
Litecoin LTC/USD is trading at 77.82. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The Ichimoku Kinko Hyo cloud low limit test is expected near the level of 80.00, from which one should expect a rebound and an attempt to drop LTC/USD with a target below 55.00 Litecoin forecast & analysis LTC/USD June 29, 2018 An additional signal in favor of the fall of the crypto currency will be a test of the resistance level, as well as a test of the upper limit of the «Triangle» model.…
Ethereum ETH/USD is traded at 431. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near level 445 is expected, from which it is expected to rebound and attempt to continue falling ETH/USD with a target below the level of 360. Ethereum forecast & analysis ETH/USD June 29, 2018 An additional signal in the fall of the cryptocurrency will be the resistance area test, as well as the upper bound of the «Triangle» model. Earlier, a medium strength signal was…
Bitcoin BTC/USD is trading at 6079. The cryptocurrency trading below the cloud base Ichimoku Kinko Hyo, indicating a bearish trend of Bitcoin. The test of the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 6150 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 5450 level. Bitcoin forecast & analysis BTC/USD June 29, 2018 In favor of falling quotations of the cryptocurrency will test the resistance area. Earlier, a weak signal was received for buy of Bitcoin cryptocurrency, due to the crossing…