Litecoin LTC/USD is trading at 137. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the 140 level, from which one should expect a rebound and an attempt to continue falling LTC/USD for a level below 110. Litecoin forecast & analysis LTC/USD May 17, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, a strong signal was received for sell of Litecoin cryptocurrency, due to the crossing of…
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.
Ripple XRP/USD is trading at 0.68. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.70 level, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target near the 0.50 level. Ripple forecast & analysis XRP/USD May 17, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary…
Bitcoin Cash BCH/USD is trading at 1282. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is expected near the level of 1300, from which it is expected to attempt a rebound and continue falling of the cryptocurrency with a target below the level of 950. Bitcoin Cash forecast & analysis BCH/USD May 17, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as the sell of the…
The currency pair Euro Dollar EUR/USD continues to move within the framework of the bearish trend and formation of the «Triangle» model. At the moment, we should expect a test of the resistance area near the level of 1.1945, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1625 level. EUR/USD forecast & technical analysis May 17, 2018 In favor of falling quotations EUR/USD will test the bearish trendline on the indicator of relative strength index (RSI), as well as the upper channel test. The cancellation of the variant of…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 1.3605, where again we should expect a rebound and the continuation of the fall of the Pound against the Dollar. The target of the fall of the pair GBP/USD is the area below the level of 1.3355. GBP/USD forecast & technical analysis May 17, 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 of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the moment, we should expect an attempt to test the resistance area near the level of 0.7600 and the continuation of falling quotations in the area below the level of 0.7350. AUD/USD forecast & technical analysis May 17, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and breakdown at…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At this point, we should expect an attempt to test the upper limit of the model «Triangle» near the level of 109.90 and continue the growth of the pair in the area above the level of 111.20. USD/JPY forecast & technical analysis May 17, 2018 In favor of the growth of the pair USD/JPY will test the bullish trend line on the indicator of relative strength index (RSI). The cancellation of the growth variant of the Dollar/Yen pair will result in…
Quotes of BRENT continue to move within the bullish channel. At the moment, we should expect an attempt to test the upper border of the channel near the area of 79.50 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 74.50. BRENT forecast & technical analysis May 17, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). The abolition of the fall in oil prices will be a strong increase and breakdown of the level of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in correction and formation of the «Triangle» model. At the moment, we should expect an attempt to test the resistance level near the area of 1.2920 and continue the growth of the fall in the area below the level of 1.2550. USD/CAD forecast & technical analysis May 17, 2018 In favor of falling quotations of the Canadian Dollar will perform a test of the resistance line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD fall on the Forex market will be strong growth and…
Quotes of GOLD continue to move within the limits of the decline. At this point, we should expect an attempt to test the resistance level near the area of 1300. Whence we should expect a rebound and continue the fall in the price of GOLD with a target below the level of 1275. XAU/USD forecast & technical analysis May 17, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI). Cancellation of the decline in the price of GOLD will be a strong growth and breakdown of the area of…