Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in correction. At this point, we should expect an attempt to test the support level near the area of 1.2970 and continue to grow the pair in the area above the level of 1.3140. USD/CAD forecast & technical analysis May 31, 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 option on Forex will be the fall and breakdown of the area of 1.2850, which…
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 GOLD continue to move within the framework of a bullish correction. At this point, we should expect an attempt to test the resistance level near area 1305. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1260. XAU/USD forecast & technical analysis May 31, 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. Cancellation of the decline in the price of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of the formation of the «Triangle» model. At this point, we should expect an attempt to test the resistance level near the area of 0.6945 and continue falling to the area below the level of 0.6790. NZD/USD forecast & technical analysis May 31, 2018 In favor of the fall of NZD/USD, a breakdown of the support line will occur on the indicator of relative strength index (RSI). The cancellation of the New Zealand Dollar quotation will result in a strong growth and…
Currency pair Dollar Franc USD/CHF continues to move within a bearish correction. At this point, we should expect an attempt to test the bottom of the uplink near the area of 0.9875 and continue the growth of the US Dollar against the Swiss Franc with a target above the level of 1.0210. USD/CHF forecast & technical analysis May 31, 2018 In favor of the growth of the Dollar/Franc, the formation of the reversal model «Head and Shoulders» will appear on the indicator of relative strength index (RSI). Cancellation of the growth of the pair USD/CHF on FOREX will be 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 61.65 and continue the growth of the pair in the area above the level of 66.00. USD/RUB forecast & technical analysis May 31, 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). Cancellation of the growth option for the USD/RUB pair on FOREX will be a fall and breakdown…
Ethereum ETH/USD are traded at 558 and continue to move within the bearish channel. At this point, we should expect a test of the resistance area near the level of 600. Again, we should expect a rebound and the continued decline in the Ethereum rate with a target below the level of 505. Ethereum (ETH/USD) technical analysis May 31, 2018 In favor of falling quotes ETH/USD will perform a downtrend test on the indicator of relative strength index (RSI). The cancellation of the fall option will be a strong growth and a breakdown of the level of 650, which will…
Ripple XRP/USD traded at 0.59 and continue to move in the bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.62 and continue the fall of the crypto currency in the area below the level of 0.51. Ripple (XRP/USD) technical analysis May 31, 2018 In favor of falling quotations XRP/USD will come the test of the bearish trend line on the indicator of relative strength index (RSI), as well as the test of the upper boundary of the bearish channel. Cancellation of the fall variant will be a breakdown of…
Bitcoin BTC/USD are traded at 7429 and continue to move within the bearish trend. At this point, we should expect a test of the resistance level near the area of 7550. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below the level of 6400. Bitcoin (BTC/USD) technical analysis May 31, 2018 In favor of falling quotations BTC/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the Bitcoin drop option will result in a strong growth and breakdown of the…
Bitcoin Cash BCH/USD is trading at 973. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the 980 level is expected, from which it is expected to attempt a rebound and continue falling of the cryptocurrency with a target below the level of 750. Bitcoin Cash forecast & analysis BCH/USD May 30, 2018 An additional signal in favor of the fall of the cryptocurrency will come from the resistance area test, as well as the lower bound of…
Ripple XRP/USD is trading at 0.59. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud low limit test is expected near the 0.60 level, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target near the 0.50 level. Ripple forecast & analysis XRP/USD May 30, 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…