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 1.3655, where again we should expect a rebound and the continuation of the fall of the Pound against the Dollar. The fall target of the GBP/USD pair is the area below the level of 1.3245. GBP/USD forecast & technical analysis May 16, 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 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.
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 0.7580 and the continuation of falling quotations in the area below the level of 0.7320. AUD/USD forecast & technical analysis May 16, 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 bullish channel. At this point, we should expect an attempt to test the support area near the level of 109.30 and continue the growth of the pair in the area above the level of 111.90. USD/JPY forecast & technical analysis May 16, 2018 In favor of the growth of the pair USD/JPY will test the upward trend line on the indicator of relative strength index (RSI). The cancellation of the growth variant of the Dollar/Yen pair will result in a drop and a level…
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 79.00 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 16, 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 growth and breakdown at 79.50 dollars per…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in a bearish correction. At the moment, we should expect an attempt to test the resistance level near the area of 1.2910 and continue falling growth in the area below the level of 1.2550. USD/CAD forecast & technical analysis May 16, 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 breakdown of the 1.3020 area, which will…
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 1315. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1285. XAU/USD forecast & technical analysis May 16, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI). The reversal of the decline in GOLD prices will be a strong growth and breakdown of the 1335…
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 0.6935 and continue falling to the area below the level of 0.6780. NZD/USD forecast & technical analysis May 16, 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 quotation will result in a strong growth and breakdown at the level of 0.7010, which will indicate…
Currency pair Dollar Franc USD/CHF continues to move within the bullish channel. At this point, we should expect a test of the support level test near the 0.9900 area and the continuation of the growth of the US Dollar against the Swiss Franc with a target above the level of 1.0210. USD/CHF forecast & technical analysis May 16, 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 the area…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of correction and formation of the «Triangle» model. At this point, we should expect an attempt to test the support area near the level of 61.40 and continue the growth of the pair in the area above the level of 64.50. USD/RUB forecast & technical analysis May 16, 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 the level of 8684 and continue to move in the fall. At this point, we should expect a test of the resistance level near the area of 8950. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target above the level of 7600. Bitcoin (BTC/USD) technical analysis May 16, 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…