Bitcoin BTC/USD is trading at 7554. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the level of 7350, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 8400 level. Bitcoin forecast & analysis BTC/USD June 1, 2018 In support of growth of quotations of cryptocurrency, a support level test will perform, as well as the formation of the «Head and Shoulders» reversal model. Earlier, a weak signal was received for buy…
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 1.1700, from which we should 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 1, 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…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the area 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 1.3005. GBP/USD forecast & technical analysis June 1, 2018 In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength…
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 0.7595 and continue falling quotations in the area below the level of 0.7490. AUD/USD forecast & technical analysis June 1, 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 0.7620, which indicates the puncture resistance region…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction. At the moment, we should expect an attempt to test the resistance area near the level of 108.95 and continue falling of the pair into the area below the level of 107.50. USD/JPY forecast & technical analysis June 1, 2018 In favor of the fall of the pair USD/JPY, the trendline test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall variant of the Dollar/Yen pair will result in a strong growth and breakdown at 109.30,…
Quotes of BRENT continue to move within the framework of a bullish correction. At this point, we should expect an attempt to test the resistance area near the level of 78.05 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 70.00. BRENT forecast & technical analysis June 1, 2018 In favor of falling quotations and prices for oil BRENT will test the trend line on the indicator of relative strength index (RSI). The abolition of the fall in oil prices will be a strong growth and a breakdown of the level…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in decline. At this point, we should expect an attempt to test the support level near the area of 1.2800 and continue the growth of the pair in the area above the level of 1.3140. USD/CAD forecast & technical analysis June 1, 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). Cancellation of the USD/CAD growth option on Forex will be the fall and breakdown of the area of 1.2760,…
Quotes of GOLD continue to move within the framework of a bullish correction. At this point, we should expect an attempt to test the resistance level near the area of 1305. Where can we expect a rebound and the continuation of the fall in the price of gold with a target below the level of 1270. XAU/USD forecast & technical analysis June 1, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength, as well as test the upper boundary of the bearish channel. The reversal of the decline in GOLD prices…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of the bullish correction. At this point, we should expect an attempt to test the upper border of the channel near the area of 0.7055 and continue falling into the area below the level of 0.6790. NZD/USD forecast & technical analysis June 1, 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 breakdown at the…
Currency pair Dollar Franc USD/CHF continues to move within a bearish correction. At the moment, 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 0.9770. USD/CHF forecast & technical analysis June 1, 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 forex pair will result in a strong growth and breakout of the area of 0.9930, which will…