Litecoin LTC/USD is trading at the level of 119. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near level 125 is expected, from which it is expected to rebound and attempt to continue falling of LTC/USD with a target below the level of 100. Litecoin forecast & analysis LTC/USD May 26, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a test…
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.
Ripple XRP/USD is trading at 0.60. 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 level of 0.63 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.50 level. Ripple forecast & analysis XRP/USD May 26, 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…
Bitcoin Cash BCH/USD is trading at 1014. 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 level 1100 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 26, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a test of the…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1692 and continues to move in the fall. At the moment, we should expect an attempt to test the resistance area near the level of 1.1950 and the continuation of the fall of the euro dollar in the area below 1.1300. EUR/USD weekly forecast May 28 — June 1, 2018 In favor of the fall of EUR/USD, a downlink test will be performed on the relative strength index (RSI), as well as a test of the upper boundary of the bearish channel. The cancellation of the fall…
Quotes of BRENT crude oil close the trading week near the area of $ 78.04 per barrel. It is worth waiting for an attempt to test the upper boundary of the bullish channel near the level of 80.50 and the beginning of the fall of oil in the area below $ 71.50 per barrel. BRENT crude oil forecast May 28 — June 1, 2018 An additional signal in favor of falling oil quotations in the current trading week will be a test of a broken trend line on the indicator of relative strength index (RSI). The cancellation of the variant…
Currency pair Pound Dollar GBP/USD completes trading week near area 1.3340. The pair continues to move within the limits of the decline. At this point, we should expect an attempt to test the resistance area near the level of 1.3650 and continue falling quotations in the area below the level of 1.2550. GBP/USD weekly forecast May 28 — June 1, 2018 In favor of the fall of the British Pound will perform a test of a broken trend line on the indicator of relative strength index (RSI). The cancellation of the fall of the pair will result in strong growth…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 61.61 Rubles for the US Dollar. The pair continues to move within the framework of correction and formation of the «Triangle» model. At the moment, we should expect a test of the support area near the level of 61.00 and continue the growth of the pair above the level of 66.50 as part of the model’s development. USD/RUB weekly forecast May 28 — June 1, 2018 In favor of the growth of the Dollar/Ruble pair will break the trend line on the indicator of…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near area 0.7572. The pair continues to move in a bearish trend. At the moment, we should expect an attempt to test the upper border of the channel near the area of 0.7630 and continue the fall of AUD/USD with a target below 0.7140. AUD/USD weekly forecast May 28 — June 1, 2018 In favor of the fall, a trendline test will be performed on the relative strength index (RSI). The cancellation of the AUD/USD fall will result in a strong growth and breakdown at the level of 0.7750,…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2905. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the lower bound of the «Triangle» model near the area of 1.2820 and continue the growth of quotations for a target above the level of 1.3450. USD/CAD weekly forecast May 28 — June 1, 2018 In favor of the growth of the pair USD/CAD will test the upward trend line on the indicator of relative strength index (RSI). Canceling the option of continuing the…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 109.33. At this point, we should expect an attempt to test the resistance level near the area of 110.50 and continue the fall of the pair into the area below the level of 104.85. USD/JPY weekly forecast May 28 — June 1, 2018 In favor of the fall of the pair, the Dollar/Yen will test the resistance line on the relative strength index (RSI, as well as the formation of the «Head and Shoulders» reversal model. The cancellation of the USD/JPY fall…