Ripple XRP/USD is trading at 0.60. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 0.57 is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target near the level of 0.75. Ripple forecast & analysis XRP/USD June 2, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as the…
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.
Bitcoin Cash BCH/USD is trading at 979. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test the lower boundary near the 920 level, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency with a target above the level of 1250 as part of the start of the development of the «Head and Shoulders» reversal model. Bitcoin Cash forecast & analysis BCH/USD June 2, 2018 An additional signal in favor of the growth of the cryptocurrency will be…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1672 and continues to move within the correction. At the moment, we should expect an attempt to test the resistance area near the level of 1.1850 and the continuation of the fall of the euro dollar in the area below 1.1150. EUR/USD weekly forecast June 4 — 8, 2018 In favor of the fall of EUR/USD, a downlink test will be performed on the relative strength index (RSI), as well as a test of the upper boundary of the bearish channel. The cancellation of the fall of…
Quotes of BRENT crude oil close the trading week near the area of $ 76.68 per barrel. It is worth to wait for the test of the resistance area near the level of 78.00 and the beginning of the fall of oil in the area below $ 65.00 per barrel. BRENT crude oil forecast June 4 — 8, 2018 An additional signal in favor of falling oil quotes in the current trading week will be a test of a broken trend line on the indicator of relative strength index (RSI), as well as the formation of the «Head and Shoulders»…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3326. The pair continues to move within the limits of the decline. At this point, we should expect an attempt to test the resistance area near the level of 1.3650 and continue falling quotations in the area below the level of 1.2570. GBP/USD weekly forecast June 4 — 8, 2018 In favor of the fall of the British Pound will perform a test of a broken trend line on the indicator of relative strength index (RSI). The cancellation of the fall of the pair will result in…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 62.09 Rubles for the US Dollar. The pair continues to move within the framework of correction and formation of the «Triangle» model. At the moment, we should expect a test of the support area near the level of 61.00 and continue the growth of the pair above the level of 66.50 as part of the model’s development. USD/RUB weekly forecast June 4 — 8, 2018 In favor of the growth of the Dollar/Ruble pair will break the trend line on the indicator of relative…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7550. The pair continues to move in a bearish trend. At the moment, we should expect an attempt to test the upper border of the channel near the area of 0.7620 and continue the fall of AUD/USD with a target below 0.7205. AUD/USD weekly forecast June 4 — 8, 2018 In favor of the drop, a resistance area test will be performed on the relative strength index (RSI). The cancellation of the AUD/USD fall will result in a strong growth and breakdown at the level…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2961. The pair continues to move within the bullish channel. At the moment, we should expect the test of the support area test near the level of 1.2830 and the continuation of the growth of quotations with a target above the level of 1.3500. USD/CAD weekly forecast June 4 — 8, 2018 In favor of the growth of the pair USD/CAD will test the bullish trend line on the indicator of relative strength index (RSI). Canceling the option of continuing the growth of USD/CAD…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 109.61. At this point, we should expect an attempt to test the resistance level near the area of 110.50 and continue falling of the pair into the area below the level of 104.40. USD/JPY weekly forecast June 4 — 8, 2018 In favor of the fall of the pair, the Dollar/Yen will test the resistance line on the relative strength indicator, as well as the formation of the reversal model «Double Top». The cancellation of the USD/JPY fall in the current trading…
GOLD XAU/USD close the trading week near the area of 1294. Quotes continue to move within the limits of the decline. At the moment, we should expect a test of the resistance level near the area of 1300 and the continuation of the fall in the price of Gold below the level of 1230. XAU/USD weekly forecast June 4 — 8, 2018 In favor of falling quotations and prices for GOLD will perform a downtrend test of the trend on the indicator of relative strength index (RSI). The cancellation of the fall in XAU/USD quotations will result in a strong…