Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in within the rising channel. At the moment, we should expect an attempt to test the support level near the area of 1.2830 and continue the growth of the pair in the area above the level of 1.3195. USD/CAD forecast & technical analysis June 8, 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). Cancellation of the USD/CAD growth scenario on Forex will be the fall and breakdown of the…
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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 GOLD continue to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near the area of 1300. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1280. XAU/USD forecast & technical analysis June 8, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head and Shoulders». Abolishing the variant of falling…
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 8, 2018 In favor of the fall of NZD/USD, a breakdown of the bullish 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 the moment, we should expect an attempt to test the resistance area near the level of 0.9850 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9620. USD/CHF forecast & technical analysis June 8, 2018 In favor of the fall of the pair, Dollar Frank will perform a downtrend test on the indicator of relative strength index (RSI). Canceling the fall of the USD/CHF pair on Forex will be strong growth and breakdown of the area 0.9940, which…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction and the «Triangle» model. At the moment, we should expect an attempt to test the support area near the level of 61.55 and continue the growth of the pair in the area above the level of 65.50. USD/RUB forecast & technical analysis June 8, 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). Cancellation of the growth variant of the USD/RUB pair on Forex will be a drop and breakdown…
Bitcoin BTC/USD are traded at the level of 7662 and continue to move within the bullish channel. At this point, we should expect a test of the support level near the area of 7500. Again, we should expect a rebound and an attempt to start the growth of the Bitcoin exchange rate with a target above 8250 level. Bitcoin (BTC/USD) technical analysis June 8, 2018 In favor of the growth of quotations BTC/USD will perform a test of the support line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall…
Ripple XRP/USD traded at 0.66 and continue to move in the bullish trend. At the moment, we should expect an attempt to test the support area near the level of 0.63 and continue the growth of the cryptocurrency in the area above 0.80. Ripple (XRP/USD) technical analysis June 8, 2018 In favor of the growth of quotations XRP/USD will test the bearish trend line on the indicator of relative strength index (RSI). Cancellation of the growth option will be the breakdown of the support area and the closing below the level of 0.58, which will indicate the continuation of the…
Bitcoin Cash BCH/USD is trading at the level of 1100. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test near the level 1050 is expected, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency with a target above the level of 1400. Bitcoin Cash forecast & analysis BCH/USD June 7, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a weak…
Ripple XRP/USD is trading at 0.65. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.63, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target near the 0.80 level. Ripple forecast & analysis XRP/USD June 7, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a…
Litecoin LTC/USD is trading at the level of 118. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the 117 level, from which it is expected to rebound and try to grow LTC/USD with a goal above the level of 135. Litecoin forecast & analysis LTC/USD June 7, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, we received a weak signal for sell of Litecoin cryptocurrency, due…