Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue moving within the framework of correction and formation of the «Head and Shoulders» reversal model. At this point, we should expect an attempt to test the area of the upper boundary of the bearish channel near the level of 110.40 and continue the fall of the pair into the area below the level of 107.80. USD/JPY forecast & technical analysis June 22, 2018 In favor of the fall of the pair USD/JPY will perform a bearish trend test on the indicator of relative strength index (RSI). The cancellation…
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 bearish channel. At this point, we should expect an attempt to test the resistance area near the level of $ 75.00 per barrel. Further, the continuation of the fall of oil in the area below the level of 70.00. BRENT forecast & technical analysis June 22, 2018 In favor of falling quotes and oil prices, BRENT will test the downward trend line on the indicator of relative strength index (RSI). Abolishing the variant of falling oil prices will be a strong growth and a breakdown of the level of 76.50 dollars per…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in as part of the growth and bullish channel. At this point, we should expect an attempt to test the support level near the area of 1.3170 and continue the growth of the pair in the area above the level of 1.3525. USD/CAD forecast & technical analysis June 22, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a trend line test on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth option on Forex will be the fall and breakdown…
Quotes of GOLD continue to move in a bearish trend. At this point, we should expect an attempt at a resistance level near the area of 1270. Where can we expect a rebound and the continuation of the fall in the price of GOLD for a target below the level of 1250. XAU/USD forecast & technical analysis June 22, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI). Cancellation of the variant of the growth in the price of GOLD will be a strong growth and breakdown of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of the bullish correction. At this point, we should expect an attempt to test the resistance level near the area of 0.6895 and continue falling to the area below the level of 0.6760. NZD/USD forecast & technical analysis June 22, 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 0.6945,…
Currency pair Dollar Franc USD/CHF continues to move within a bearish correction. At this point, we should expect an attempt to test the support area near the 0.9900 level and continue the growth of the US dollar against the Swiss Franc with a target above 1.0070. USD/CHF forecast & technical analysis June 22, 2018 In favor of the growth of the Dollar/Franc, an uptrend test on the relative strength index (RSI) will perform. Canceling the growth of the USD/CHF pair on Forex will be the fall and breakdown of the area of 0.9850, which will indicate the breakdown of the…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the bearish correction and the start of the «Triangle» model development. At the moment, we should expect an attempt to test the support area near the level of 62.95 and continue the growth of the pair in the area above the level of 65.90. USD/RUB forecast & technical analysis June 22, 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). The cancellation of the growth of the pair USD/RUB…
Bitcoin BTC/USD is trading at 6726. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend over 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 7350 level. Bitcoin forecast & analysis BTC/USD June 21, 2018 In favor of the growth of the cryptocurrency quotes, the test of the support area will perform, as well as the upper bound of the «Triangle» model. Earlier, a weak…
Ethereum ETH/USD is trading at 533. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test near the 525 level, from which it is expected to rebound and try to grow ETH/USD with a goal above the level of 600. Ethereum forecast & analysis ETH/USD June 21, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Earlier, a weak signal was received for buy of the Ethereum cryptocurrency, due to the…
Litecoin LTC/USD is trading at 97.29. 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 is expected to test near the 98 level, from which one should expect a rebound and an attempt to drop LTC/USD with a target below 85. Litecoin forecast & analysis LTC/USD June 21, 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. Earlier, a weak…