Ripple XRP/USD traded at 0.63 and continue to move in a bearish trend. At the moment, we should expect an attempt to test the support area near the level of 0.61 and continue the growth of the crypto currency in the area above the level of 0.85. Ripple (XRP/USD) technical analysis June 6, 2018 In favor of the growth of quotations XRP/USD will break down the bearish line of the trend on the indicator of relative strength index (RSI), as well as the formation of the reversal model inverted «Head and Shoulders». Cancellation of the growth option will be a…
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.
The currency pair Euro Dollar EUR/USD continues to move within the bearish trend. At the moment, we should expect a test of the upper border of the channel near the level of 1.1770, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1350. EUR/USD forecast & technical analysis June 5, 2018 In favor of falling quotations EUR/USD will test the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price decline will result in a strong growth and breakdown at…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At this point, we should expect an attempt at a resistance area near the level of 1.3365, where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.3035. GBP/USD forecast & technical analysis June 5, 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…
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 0.7670 and the continuation of falling quotations in the area below the level of 0.7440. AUD/USD forecast & technical analysis June 5, 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). Cancellation option quotations Australian Dollar drop becomes strong rise, and the breakdown level 0.7740, which indicates the puncture…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction. At this point, we should expect an attempt to test the support area near the level of 108.05 and continue the growth of the pair in the area above the level of 110.65. USD/JPY forecast & technical analysis June 5, 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 result in strong growth and breakdown at…
Quotes of BRENT continue to move within the correction. At this point, we should expect an attempt to test the resistance area near the level of 76.55 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 68.50. BRENT forecast & technical analysis June 5, 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 the formation of the reversal model «Head and Shoulders». The abolition of the fall in oil prices will be a…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in within the rising channel. At this point, we should expect an attempt to test the support level near the area of 1.2900 and continue the growth of the pair in the area above the level of 1.3160. USD/CAD forecast & technical analysis June 5, 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). The cancellation of the USD/CAD growth option on Forex will be the fall and breakdown of…
Quotes of GOLD continue to move within the correction. At this point, we should expect an attempt to test the resistance level 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 1265. XAU/USD forecast & technical analysis June 5, 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 bearish channel. The reversal of the decline in GOLD prices will be…
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 0.7065 and continue falling to the area below the level of 0.6790. NZD/USD forecast & technical analysis June 5, 2018 In favor of the fall of NZD/USD, a trend 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 a breakdown at…
Currency pair Dollar Franc USD/CHF continues to move within a bearish correction. At this point, we should expect an attempt to test the resistance area near the level of 0.9890 and continue the fall of the US Dollar against the Swiss Franc with a target below 0.9750. USD/CHF forecast & technical analysis June 5, 2018 In favor of the fall of the pair, Dollar/Franc will perform a downtrend test on the indicator of relative strength index (RSI). The cancellation of the USD/CHF fall on the Forex will result in a strong growth and breakout of the area of 0.9940, which…