Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6893. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the lower bound of the «Triangle» model near the level of 0.6830 and start the pair’s growth above the level of 0.7100. NZD/USD weekly forecast June 25 — 29, 2018 In favor of NZD/USD growth, the «Head and Shoulders» reversal model will appear on the indicator of relative strength index (RSI). Cancellation of the growth option will be a fall and breakdown…
Author: forex24pro
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9899. At this point, we should expect an attempt to test the support area near the level of 0.9820 and continue the growth of the pair with a target above the level of 1.0250. USD/CHF weekly forecast June 25 — 29, 2018 In favor of the growth of the Dollar/Franc, a trend line test will be performed on the relative strength index (RSI), as well as the upper limit of the bearish channel. Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area…
Bitcoin Cash BCH/USD is trading at 864. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test near the 850 level, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency with a target above the level of 1015. Bitcoin Cash forecast & analysis BCH/USD June 22, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a test of the lower «Triangle» model. Earlier,…
Ripple XRP/USD is trading at 0.52. 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 level of 0.53, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target near the level of 0.45. Ripple forecast & analysis XRP/USD June 22, 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…
Litecoin LTC/USD is trading at 96.04. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. The Ichimoku Kinko Hyo Cloud is expected to test near the 100 level, from which one should expect a rebound and an attempt to drop LTC/USD with a target below the level of 80. Litecoin forecast & analysis LTC/USD June 22, 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 limit of the «Triangle» model.…
Ethereum ETH/USD is trading at 520. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Ethereum. Ichimoku Kinko Hyo Cloud near the level 505 is expected to test the lower limit, from which it is expected to rebound and try to grow ETH/USD with a target above the level of 585. Ethereum forecast & analysis ETH/USD June 22, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as the test of the lower boundary of the channel.…
Bitcoin BTC/USD is trading at 6681. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 6600 is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at the level of 7150. Bitcoin forecast & analysis BTC/USD June 22, 2018 In favor of the growth of the cryptocurrency quotations, a test of the support area will perform, as well as a test of the lower boundary of the…
The currency pair Euro Dollar EUR/USD continues to move within the correction and the bearish channel. At the moment, we should expect a test of the resistance level near the area of 1.1625, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1380. EUR/USD forecast & technical analysis June 22, 2018 In favor of falling quotations EUR/USD will test the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price decline will result in a strong growth and breakdown at…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At the moment, we should expect an attempt at a resistance area near the level of 1.3350, where again we should expect a rebound and the continuation of the fall of the Pound against the Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2785. GBP/USD forecast & technical analysis June 22, 2018 In favor of the fall of the pair on Forex will test the downward trend line on the indicator of relative strength index (RSI). Cancellation of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in a bearish trend. At the moment, we should expect a test of the resistance area near the level of 0.7400 and the continuation of falling quotations in the area below the level of 0.7255. AUD/USD forecast & technical analysis June 22, 2018 In favor of the fall of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and breakdown at the level of 0.7430, which…