Ripple XRP/USD is trading at 0.46. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of Ichimoku Kinko Hyo signal lines near the 0.50 level is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target near the level of 0.40. Ripple forecast & analysis XRP/USD June 23, 2018 An additional signal in favor of the fall of the cryptocurrency is the resistance level test, as well as the lower bound of the «Triangle» model.…
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.
Bitcoin Cash BCH/USD is trading at 735. The cryptocurrency trading below the cloud base Ichimoku Kinko Hyo, indicating a bearish trend for Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test near the 780 level, from which it is expected to attempt a rebound and continue falling of the crypto currency with a target below level 630. Bitcoin Cash forecast & analysis BCH/USD June 23, 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 boundary of the bearish channel. Earlier,…
Currency pair Euro Dollar EUR/USD closes the trading week near the area of 1.1629 and continues to move within the bearish trend. At the moment, we should expect an attempt to test the support area near the level of 1.1500 and the beginning of the growth of the euro/dollar in the region above the level of 1.2050. EUR/USD weekly forecast June 25 — 29, 2018 In favor of the growth of EUR/USD is the formation of the reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the growth of the pair’s quotes in…
Quotes of BRENT crude oil close the trading week near the area of $ 74.72 per barrel. It is worth waiting for an attempt to test the support area near the level of $ 71.50 and the beginning of oil growth in the area above the level of $ 80.00 per barrel. BRENT crude oil forecast June 25 — 29, 2018 An additional signal for the growth of oil quotes in the current trading week will be a test of the support line on the indicator of relative strength index (RSI). The cancellation of the variant of growth of quotations…
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3256. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the resistance area near the level of 1.3500 and continue falling quotations in the area below the level of 1.2550. GBP/USD weekly forecast June 25 — 29, 2018 In favor of the fall of the British Pound, a trendline test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall of the pair will result in a strong growth and breakdown…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 62.99 Rubles to the US Dollar. The pair continues to move within the correction and the start of the «Triangle» model. At the moment, we should expect the upper bound of the «Triangle» model near the level of 62.50 and the continuation of the pair’s growth above the level of 67.00. USD/RUB weekly forecast June 25 — 29, 2018 In favor of the growth of the Dollar/Ruble pair will test the trend line on the indicator of relative strength index (RSI). Canceling the option…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near area of 0.7423. The pair continues to move in a bearish trend. At the moment, we should expect an attempt to test the support level near the area of 0.7360 and continue the growth of AUD/USD with a target above 0.7650 as part of the start-up of the bullish model «Wolfe Wave» AUD/USD weekly forecast June 25 — 29, 2018 In favor of growth, a test of the support area on the indicator of relative strength index (RSI) will perform. Cancellation of the AUD/USD growth scenario will be…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3318. The pair continues to move within the framework of growth. At the moment, we should expect a test of resistance near the level of 1.3390 and the beginning of the fall of quotations with a target below the level of 1.2720 as part of the start-up of the bearish model «Wolfe Wave». USD/CAD weekly forecast June 25 — 29, 2018 In favor of the fall of the pair USD/CAD will test the trend line on the indicator of relative strength index (RSI). The…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 109.97. At this point, we should expect an attempt to test the support level near the area of 108.60 and continue the growth of the pair in the area above the level of 113.85. USD/JPY weekly forecast June 25 — 29, 2018 In favor of the pair’s growth, the Dollar/Yen will test the uptrend line on the relative strength index (RSI). The cancellation of the growth of the pair USD/JPY in the current trading week will be the fall and breakdown of…
GOLD XAU/USD close the trading week near the area of 1268. Quotes continue to move within the bearish trend. At the moment, we should expect a test of the upper border of the channel near the area of 1285 and the continuation of the fall in the price of GOLD below the level of 1205. XAU/USD weekly forecast June 25 — 29, 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 the XAU/USD quotation will result in…