Bitcoin BTC/USD is traded at the level of 6728. The cryptocurrency is trading below the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near the level of 7000 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at the level of 6000. Bitcoin forecast & analysis BTC/USD June 12, 2018 In favor of falling quotations of the cryptocurrency, a test of the resistance area will perform, as well as 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 BRENT continue to move in line with the decline. At this point, we should expect an attempt to test the resistance area near the level of 76.50 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 72.50. BRENT forecast & technical analysis June 12, 2018 In favor of falling quotes and oil prices BRENT will test the resistance area on the indicator of relative strength index (RSI), as well as the formation of the bearish model «Wolfe Wave». The abolition of the fall in oil prices will be a…
The currency pair Euro Dollar EUR/USD continues to move within the framework of the bullish correction. At the moment, we should expect a test of the resistance level near the area of 1.1800, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1450. EUR/USD forecast & technical analysis June 12, 2018 In favor of falling quotes EUR/USD will form a reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price decline will result in a strong growth and…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At the moment, we should expect an attempt of a resistance area near the level of 1.3450, where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The target of the fall of the pair GBP/USD is the area below the level of 1.2970. GBP/USD forecast & technical analysis June 12, 2018 In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). The cancellation…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of a bullish correction. At the moment, we should expect a test of the resistance area near the level of 0.7650 and the continuation of falling quotations in the area below the level of 0.7400. AUD/USD forecast & technical analysis June 12, 2018 In favor of the fall of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the drop in the Australian Dollar quotes will result in a strong growth and breakdown at the level…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of the bullish correction. At the moment, we should expect an attempt to test the resistance area near the level of 110.60 and continue the fall of the pair into the area below the level of 109.00 as part of the development of the bearish «Wolfe Wave» model. USD/JPY forecast & technical analysis June 12, 2018 In favor of reducing the pair USD/JPY will perform a downtrend test on the indicator of relative strength index (RSI). The cancellation of the fall variant of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in within the bullish channel. At this point, we should expect an attempt to test the support level near the area of 1.2920 and continue the growth of the pair in the area above the level of 1.3265. USD/CAD forecast & technical analysis June 12, 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). The cancellation of the USD/CAD growth option on Forex will be the fall and breakdown of…
Quotes of GOLD continue to move in a bearish trend. At this point, we should expect an attempt to test the upper limit of the model «Triangle» near area 1302. Where can we expect a rebound and the continuation of the fall in the price of gold for a target below the level of 1265. XAU/USD forecast & technical analysis June 12, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI), as well as a test of the resistance level. Abolishing the variant of falling prices for GOLD will…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of the bullish correction. At the moment, we should expect an attempt to test the upper border of the channel near the area of 0.7060 and continue falling into the area below the level of 0.6840. NZD/USD forecast & technical analysis June 12, 2018 In favor of the fall of NZD/USD, a breakdown of the upward trend line will appear on the indicator of relative strength index (RSI). The cancellation of the New Zealand Dollar quotation will result in a strong growth…
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 level of 0.9820 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0080 level. USD/CHF forecast & technical analysis June 12, 2018 In favor of the pair’s growth, the Dollar/Franc will perform a downward trend test on the relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal model. Canceling the growth of the pair USD/CHF on Forex will be the…