Bitcoin Cash BCH/USD is traded at the level of 1417. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin Cash. The test area of the Ichimoku Kinko Hyo signal lines near the 1500 level is expected, from which it is expected to attempt a rebound and continue falling of the cryptocurrency with a target below 1100 level. Bitcoin Cash forecast & analysis BCH/USD May 12, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as…
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.
IOTA IOT/USD is trading at 1.91. 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 12, 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 test of the…
EOS EOS/USD is trading at the level of 15.01. 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 is expected near the level of 16.00, from which we should expect a rebound and an attempt to continue the fall of the crypto currency with the target near the level of 11.00. EOS forecast & analysis EOS/USD May 12, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test.…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1915 and continues to move in the fall. At the moment, we should expect an attempt to test the resistance area near the level of 1.2140 and the continuation of the fall of the euro dollar in the area below 1.1600. EUR/USD weekly forecast May 14 — 18, 2018 In favor of the fall of EUR/USD, a breakdown test of the downlink on the relative strength index (RSI) will be performed, as well as a test of the upper boundary of the channel. The cancellation of the…
Quotes of BRENT crude oil close the trading week near the area of 77.45 dollars per barrel. It is worth waiting for an attempt to test the upper boundary of the bullish channel near the level of 79.50 and the beginning of the fall of oil in the area below 72.00 dollars per barrel. BRENT crude oil forecast May 14 — 18, 2018 An additional signal in favor of falling oil quotes in the current trading week will be a test of the resistance line on the indicator of relative strength index (RSI). Canceling the variant of falling quotations and…
Currency pair Pound Dollar GBP/USD completes trading week near area 1.3525. 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 1.3700 and continue falling quotations in the area below the level of 1.2850. GBP/USD weekly forecast May 14 — 18, 2018 In favor of the fall of the British Pound, a trend line test will be performed on the relative strength index (RSI), as well as the completion of the formation of the reversal model «Double Top». Canceling the fall of…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 61.76 Ruble 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 61.40 and the continuation of the pair’s growth above the level of 66.50. USD/RUB weekly forecast May 14 — 18, 2018 In favor of the pair’s growth, the Dollar Ruble will test the lower border of the rising channel on the indicator of relative strength index…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7546. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the area of 0.7650 and continue the fall of AUD/USD with a target below 0.7220. AUD/USD weekly forecast May 14 — 18, 2018 In favor of the fall, a trendline 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 of…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2757. The pair continues to move within the bullish channel. At this point, we should expect an attempt to test the lower border of the channel near the area of 1.2650 and continue the growth of quotations for a target above 1.3250 level. USD/CAD weekly forecast May 14 — 18, 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). The cancellation of the continuation of USD/CAD quotes growth in…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 109.32. At this point, we should expect an attempt to test the support level near the area of 107.50 and continue the growth of the pair to an area above the level of 111.50. USD/JPY weekly forecast May 14 — 18, 2018 In favor of the pair’s growth, the Dollar/Yen will test the support line on the relative strength index (RSI). The cancellation of the growth of the pair USD/JPY on the current trading week will be the fall and breakdown of…