Quotes of BRENT continue to move within the bullish channel. At the moment, we should expect an attempt to test the resistance area near the level of 80.30 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 75.70. BRENT forecast & technical analysis May 24, 2018 In favor of falling quotes and prices for oil BRENT will test the breakdown of the trend line on the indicator of relative strength index (RSI). The abolition of the fall in oil prices will be a strong growth and a breakdown of 81.50 dollars…
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.
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in correction and formation of the «Triangle» model. At this point, we should expect an attempt to test the support level near the area of 1.2800 and continue the growth of the pair in the area above the level of 1.3180. USD/CAD forecast & technical analysis May 24, 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. Cancellation of the USD/CAD growth option on Forex will be the fall and breakdown of…
Quotes of GOLD continue to move within the 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 24, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength, as well as test the upper boundary of the bearish channel. The reversal of the decline in GOLD prices will be a strong growth and…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. At this point, we should expect an attempt to test the resistance level near the area of 0.6950 and continue falling to the area below the level of 0.6750. NZD/USD forecast & technical analysis May 24, 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 breakdown at the level of 0.7010,…
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 channel near the area of 0.9855 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0170. USD/CHF forecast & technical analysis May 24, 2018 In favor of the growth of the Dollar Franc pair will test the trend line on the indicator of relative strength index (RSI). Cancellation of the growth of the pair USD/CHF on Forex will be the fall and breakdown of the area of…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction and the «Triangle» model. At this point, we should expect an attempt to test the support area near the level of 61.00 and continue the growth of the pair in the area above the level of 65.60. USD/RUB forecast & technical analysis May 24, 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). Canceling the growth of the pair USD/RUB for Forex will be a drop and breakdown of the…
Bitcoin BTC/USD re traded at the level of 8232 and continue to move within the framework of the formation of the bullish «5-0» model. At the moment, we should expect a test of the support level near the area of 7300. Again, we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above the level of 10400 as part of the model’s development. Bitcoin (BTC/USD) technical analysis May 24, 2018 In favor of the growth of quotations BTC/USD will perform a test of the support line on the indicator of…
Bitcoin BTC/USD is trading at 8238. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the level of 8350, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at the level of 7500. Bitcoin forecast & analysis BTC/USD May 23, 2018 In favor of falling quotations of the cryptocurrency, the resistance areas will appear, as well as the upper bound of the «Triangle» model. Earlier, a weak signal was…
Ethereum ETH/USD is traded at 682. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud cloud test is expected near the area of 695, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at the level of 600. Ethereum forecast & analysis ETH/USD May 23, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, a weak signal was received for buy of…
Litecoin LTC/USD is trading at the level of 132. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Litecoin. The Ichimoku Kinko Hyo Cloud lower limit test is expected near level 135, from which it is expected to rebound and attempt to continue falling LTC/USD with a target below level 115. Litecoin forecast & analysis LTC/USD May 23, 2018 An additional signal in favor of the fall of the cryptocurrency will be the resistance area test, as well as the upper bound of the «Triangle» model. Earlier, a strong signal…