Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction. At this point, we should expect an attempt to test the support area near the level of 108.05 and continue the growth of the pair in the area above the level of 110.65. USD/JPY forecast & technical analysis June 5, 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 result in strong growth and breakdown at…
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 correction. At this point, we should expect an attempt to test the resistance area near the level of 76.55 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 68.50. BRENT forecast & technical analysis June 5, 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 the formation of the reversal model «Head and Shoulders». The abolition of the fall in oil prices will be a…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in within the rising channel. At this point, we should expect an attempt to test the support level near the area of 1.2900 and continue the growth of the pair in the area above the level of 1.3160. USD/CAD forecast & technical analysis June 5, 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). The cancellation of the USD/CAD growth option on Forex will be the fall and breakdown of…
Quotes of GOLD continue to move within the correction. At this point, we should expect an attempt to test the resistance level 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 1265. XAU/USD forecast & technical analysis June 5, 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 bearish channel. The reversal of the decline in GOLD prices will be…
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 0.7065 and continue falling to the area below the level of 0.6790. NZD/USD forecast & technical analysis June 5, 2018 In favor of the fall of NZD/USD, a trend 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 a breakdown at…
Currency pair Dollar Franc USD/CHF continues to move within a bearish correction. At this point, 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 0.9750. USD/CHF forecast & technical analysis June 5, 2018 In favor of the fall of the pair, Dollar/Franc will perform a downtrend test on the indicator of relative strength index (RSI). The cancellation of the USD/CHF fall on the Forex will result in a strong growth and breakout of the area of 0.9940, which…
Bitcoin BTC/USD are traded at 7473 and continue to move within the bullish channel. At this point, we should expect a test of the support level near the area of 7300. Again, we should expect a rebound and an attempt to start the growth of the Bitcoin exchange rate with a target above 8200 level. Bitcoin (BTC/USD) technical analysis June 5, 2018 In favor of the growth of quotations BTC/USD will perform a test of the support area on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall and breakdown of…
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 5, 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 Cash BCH/USD is trading at 1103. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test near the level 1050 is expected, 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 5, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a weak signal was received for…
Ripple XRP/USD is trading at 0.64. 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 test area of Ichimoku Kinko Hyo signal lines near the level of 0.63 is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target near the level of 0.75. Ripple forecast & analysis XRP/USD June 5, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well…