Quotes of GOLD continue to move within the bearish channel. At this point, we should expect an attempt to test the resistance level near the area of 1330. 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 15, 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…
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.
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 0.7025 and continue falling to the area below the level of 0.6830. NZD/USD forecast & technical analysis May 15, 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 0.7060, which…
Currency pair Dollar Franc USD/CHF ccontinues to move within the bullish channel. At the moment, we should expect an attempt to test the support level near the area of 0.9910 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0150 level. USD/CHF forecast & technical analysis May 15, 2018 In favor of the growth of the Dollar Franc pair will test the trend line on the indicator of relative strength index (RSI). Cancellation of the growth of the pair USD/CHF on Forex will be the fall and breakdown of the area of 0.9850,…
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 61.20 and continue the growth of the pair in the area above the level of 63.80. USD/RUB forecast & technical analysis May 15, 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), as well as a test of the lower border of the rising channel.…
Bitcoin BTC/USD are traded at the level of 9074 and continue to move within the bearish channel. At this point, we should expect a test of the resistance level near the area of 8550. 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 7700. Bitcoin (BTC/USD) technical analysis May 15, 2018 In favor of falling quotations BTC/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the Bitcoin fall will be a strong growth and breakdown of…
EOS EOS/USD is trading at the level of 14.26. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish EOS trend. The test area of the Ichimoku Kinko Hyo signal lines near the level of 15.50 is expected, 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 14, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier,…
IOTA IOT/USD is trading at the level of 1.92. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in IOTA. The test area of Ichimoku Kinko Hyo signal lines near the level of 2.05 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 1.40. IOTA forecast & analysis IOT/USD May 14, 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 0.27. 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 low limit test is expected near the 0.30 level, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.20. Cardano forecast & analysis ADA/USD May 14, 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…
TRON TRX/USD is trading at the level of 0.072. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in TRON. Ichimoku Kinko Hyo signal line area test is near the 0.073 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 14, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance region, as well as a test of the lower boundary of the bullish channel. Earlier,…
NEO NEO/USD is trading at 66.73. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in NEO. The test area of the Ichimoku Kinko Hyo signal lines is expected near the level of 69.00, from which one should expect a rebound and attempt to continue falling with the target near the level of 50.00. NEO forecast & analysis NEO/USD May 14, 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…