Ethereum ETH/USD is traded at the level of 594. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 575, from which it is expected to rebound and try to grow ETH/USD with a target above the level of 700. Ethereum forecast & analysis ETH/USD June 7, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support area, as well as a test…
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.
Bitcoin BTC/USD is trading at 7504. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the 7400 level, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 8200 level. Bitcoin forecast & analysis BTC/USD June 7, 2018 In support of the growth of the cryptocurrency quotations, a test of the support area will perform, as well as a test of the upper boundary of the descending channel. Earlier,…
The currency pair Euro Dollar EUR/USD continues to move within the bearish trend. At the moment, we should expect a test of the support level near the area of 1.1650, where we can expect an attempt to rebound and continue the growth of the Euro/Dollar with a target above 1.2050. EUR/USD forecast & technical analysis June 7, 2018 In favor of the growth of quotations EUR/USD will perform a test of the broken trend line on the indicator of relative strength index (RSI). The cancellation of the growth of the Euro/Dollar quotations will result in a drop and breakdown at…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At the moment, we should expect an attempt at a resistance area near the level of 1.3480, where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The fall target of the GBP/USD pair is the area below the level of 1.3165. GBP/USD forecast & technical analysis June 7, 2018 In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). Cancellation of the variant…
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 an attempt to test the resistance area near the level of 0.7660 and continue falling prices in the area below the level of 0.7470. AUD/USD forecast & technical analysis June 7, 2018 In favor of the fall of the AUD/USD pair, a resistance area test will be performed on the relative strength index (RSI). The cancellation of the variant of the Australian Dollar price fall will be a strong growth and breakdown at the level of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of the bullish correction. At this point, we should expect an attempt to test the lower border of the uplink near the level of 108.05 and continue the growth of the pair in the area above the level of 111.65. USD/JPY forecast & technical analysis June 7, 2018 In favor of reducing the pair USD/JPY from the current levels will test the trend line on the indicator of relative strength index (RSI). The cancellation of the fall variant of the Dollar/Yen pair will…
Quotes of BRENT continue to move within the framework of a bullish correction. At this point, we should expect an attempt to test the resistance area near the level of 76.40 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 67.00. BRENT forecast & technical analysis June 7, 2018 In favor of falling quotations and prices for oil BRENT will test the trend line on the indicator of relative strength index (RSI), as well as test the lower boundary of the bullish channel. The abolition of the fall in oil prices…
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 1.2820 and continue the growth of the pair in the area above the level of 1.3190. USD/CAD forecast & technical analysis June 7, 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…
Quotes of GOLD continue to move within the correction. 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 for a target below the level of 1260. XAU/USD forecast & technical analysis June 7, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI), as well as test the upper boundary of the descending channel. The reversal of the decline in GOLD…
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 0.7080 and continue falling into the area below the level of 0.6830. NZD/USD forecast & technical analysis June 7, 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…