GOLD XAU/USD close the trading week near the area of 1304. Quotes continue to move within the limits of the decline. At the moment, we should expect a test of the resistance level near the area of 1315 and the continuation of the fall in the price of GOLD below the level of 1245. XAU/USD weekly forecast May 28 — June 1, 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 XAU/USD quotations will result in a…
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 the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6923. 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 0.7060 and continue the fall of the pair below the level of 0.6620. NZD/USD weekly forecast May 28 — June 1, 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 fall option will result in a strong growth and…
Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9920. At this point, we should expect a test of the support area near the level of 0.9800 and the continued growth of the pair with a target above the level of 1.0250. USD/CHF weekly forecast May 28 — June 1, 2018 In favor of the pair’s growth, the Dollar Franc will perform a test of the support area on the indicator of relative strength index (RSI). Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of 0.9700, which will indicate the…
Bitcoin BTC/USD completes the trading week at 7395 and continues to move within the framework of the decline and formation of the «Triangle» model. At this point, we should expect an attempt to test the support area near the level of 7000. Again, we should expect a rebound and an attempt to increase the Bitcoin rate with a target above 12500. Bitcoin weekly forecast May 28 — June 1, 2018 In favor of the growth of quotations BTC/USD will test the upward trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth scenario will…
Ethereum ETH/USD completes the trading week at 592 and continues to move within the fall. At this point, we should expect a support level attempt near the 500 area. Again, we should expect a rebound and the continued growth of the Ethereum rate with a target above the level of 1000. Ethereum weekly forecast May 28 — June 1, 2018 In favor of the growth of quotations ETH/USD will test the support area on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head and Shoulders». Cancellation of the growth option will be…
Litecoin LTC/USD completes the trading week at level 118 and continues to move as part of the decline and formation of the «Triangle» model. At this point, you should expect an attempt to test the lower limit of the model «Triangle» near the level of 105. Where again we should expect a rebound and an attempt to increase the rate of Litecoin with a goal above 225. The target of testing the model is the area above the level of 380. Litecoin weekly forecast May 28 — June 1, 2018 In favor of the growth of LTC/USD quotations, an uptrend…
Bitcoin Cash BCH/USD is trading at 1042. 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 25, 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…
Ripple XRP/USD is trading at 0.62. 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 0.65 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 0.45. Ripple forecast & analysis XRP/USD May 25, 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…
Litecoin LTC/USD is trading at the level of 122. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates 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 25, 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 upper…
Ethereum ETH/USD is traded at 585. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The test area of the Ichimoku Kinko Hyo signal lines near the area of 625 is expected, from which we should expect a rebound and an attempt to continue the fall of the crypto currency with a target at 480. Ethereum forecast & analysis ETH/USD May 25, 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…