Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. At this point, we should expect an attempt to test the resistance level near the area of 0.6920 and continue falling into the area below the level of 0.6780. NZD/USD forecast & technical analysis May 17, 2018 In favor of the fall of NZD/USD, a resistance line test will be performed on the relative strength index (RSI). The cancellation of the New Zealand Dollar forex quotation will result in a strong growth and a breakdown at the level of 0.6950, which…
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 Dollar Franc USD/CHF continues to move within the bullish channel. At this point, we should expect an attempt to test the level of support near the area of 0.9880 and the continuation of the growth of the US Dollar against the Swiss Franc with a target above the level of 1.0200. USD/CHF forecast & technical analysis May 17, 2018 In favor of the growth of the Dollar Franc pair will test the trend line on the indicator of relative strength index (RSI). Canceling the growth of the pair USD/CHF on Forex will be the fall and breakdown of…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of correction and formation of the «Triangle» model. At the moment, we should expect an attempt to test the support area near the level of 61.80 and continue the growth of the pair in the area above the level of 65.50. USD/RUB forecast & technical analysis May 17, 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 option for the USD/RUB pair on Forex will be…
Bitcoin BTC/USD are traded at 8180 and continue to move in the fall. At this point, we should expect a test of resistance level near the area of 8500. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below 7200 level. Bitcoin (BTC/USD) technical analysis May 17, 2018 In favor of falling quotations BTC/USD will test the resistance line on the indicator of relative strength index (RSI). The abolition of the Bitcoin fall will be a strong growth and breakdown of the area of 9150, which will indicate…
Ripple XRP/USD traded at 0.66 and continue to move in a bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.71 and continue the fall of the cryptocurrency in the area below the level of 0.47. Ripple (XRP/USD) technical analysis May 17, 2018 In favor of falling quotations XRP/USD will come the test of the bearish trendline on the indicator of relative strength index (RSI). Cancellation of the fall option will be a breakdown of the resistance level and a close above 0.80, which indicates the breakdown of the upper…
EOS EOS/USD is trading at the level of 13.47. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish EOS trend. Ichimoku Kinko Hyo Cloud is expected to test near the level of 14.50, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target near the level of 10.00. EOS forecast & analysis EOS/USD May 16, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, a medium strength signal…
IOTA IOT/USD is trading at 1.96. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in IOTA. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 2.00 is expected, from which we should expect a rebound and an attempt to continue the fall of the crypto currency with the target close to 1.40. IOTA forecast & analysis IOT/USD May 16, 2018 An additional signal in favor of the drop of the IOTA cryptocurrency will be a test of the resistance area, as well as a…
Cardano ADA/USD is trading at the level of 0.26. 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 0.27 level, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target near 0.20. Cardano forecast & analysis ADA/USD May 16, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the downlink, as well as a test…
TRON TRX/USD is trading at the level of 0.068. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in TRON. Ichimoku Kinko Hyo Cloud is expected to test 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 16, 2018 An additional signal in favor of the fall of the crypto currency will be the test of the resistance area, as well as the upper border test of the channel. Earlier, a medium…
NEO NEO/USD is trading at the level of 65.02. 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 67.00 level, from which you should expect a rebound and attempt to continue falling with the target near the level of 50.00. NEO forecast & analysis NEO/USD May 16, 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 resistance level.…