Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6906. The pair continues to move in a bearish trend. At the moment, we should expect a test of the resistance area near the level of 0.7100 and continuation of the fall of the pair below the level of 0.6650. NZD/USD weekly forecast May 21 — 25, 2018 In favor of the fall of NZD/USD, a resistance line test will be performed on the relative strength index (RSI). Cancellation of the fall variant will be a strong and breakdown of the area…
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 USD/CHF Dollar Franc completes trading week near the level of 0.9992. At this point, we should expect the test of the support area test near the level of 0.9800 and the continued growth of the pair with a target above the level of 1.0350. USD/CHF weekly forecast May 21 — 25, 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 8075 and continue to move within the framework of the decline and formation of the «Triangle» model. At this point, we should expect a test of the support area near the level of 7500. Again, we should expect a rebound and an attempt to increase the Bitcoin rate with a target above 12500. Bitcoin weekly forecast May 21 — 25, 2018 In favor of the growth of quotations BTC/USD will test the bullish trendline on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth scenario will be the fall…
Dash DSH/USD is traded at 409. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Dash. The test area of Ichimoku Kinko Hyo signal lines near level 425 is expected, from which it is expected to rebound and attempt to continue falling Dash with a target below the level of 340. Dash forecast & analysis DSH/USD May 18, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, a medium strength signal was obtained to sell the Dash cryptocurrency,…
Ethereum Classic ETC/USD is trading at the level of 17.82. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the area of 18.00, from which one should expect a rebound attempt and continue falling with the target near the level of 14.00. Ethereum Classic forecast & analysis May 18, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test, as well as the…
Monero XMR/USD is trading at the level of 200. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level 205 is expected, from which we should expect a rebound and an attempt to continue the growth of the crypto currency with a target at level 160. Monero forecast & analysis XMR/USD May 18, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the channel,…
Zcash ZEC/USD is trading at 348. The cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Zcash. Ichimoku Kinko Hyo signal line area test is expected near the level 340, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target above the 440 level. Zcash forecast & analysis ZEC/USD May 18, 2018 An additional signal in favor of the growth of the cryptocurrency will be a support level test, as well as a test of the lower bound of the «Triangle»…
NEO NEO/USD is traded at the level of 61.17. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in NEO. Ichimoku Kinko Hyo Cloud is expected to test near the level of 64.00, from which one should expect a rebound and attempt to continue falling with the target near the level of 50.00. NEO forecast & analysis NEO/USD May 18, 2018 An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel, as well as the test of the…
TRON TRX/USD is trading at the level of 0.069. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in TRON. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.070 level, from which it is expected to rebound and attempt to continue falling with the target close to 0.050. TRON forecast & analysis TRX/USD May 18, 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…
Cardano ADA/USD is trading at 0.25. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Cardano. Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.26 level, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.18. Cardano forecast & analysis ADA/USD May 18, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the channel, as well as a test of the…