GOLD XAU/USD close the trading week near the area of 1322. Quotes continue to move within the bullish channel. At the moment, we should expect a test of the support level near the area of 1300 and the continuation of growth above the level of 1400. XAU/USD weekly forecast May 14 — 18, 2018 In favor of the growth of quotations and prices for GOLD will perform a trend line test on the indicator of relative strength index (RSI). Cancellation of the growth scenario for XAU/USD will result in a fall and breakdown of the 1280 area, which will indicate…
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.
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6973. The pair continues to move in a bearish trend. At the moment, we should expect a test of the resistance area near the level of 0.7150 and continuation of the fall of the pair below the level of 0.6650. NZD/USD weekly forecast May 14 — 18, 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 fall variant will be a strong and breakdown of the…
Currency pair USD/CHF Dollar Franc completes the trading week near the level of 1.0016. At the moment, we should expect an attempt to test the support area near the 0.9900 level and continue the growth of the pair with a target above the level of 1.0350. USD/CHF weekly forecast May 14 — 18, 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 USD/CHF growth scenario will be a fall and breakdown of the area of 0.97, which will indicate the breakdown of the…
Bitcoin BTC/USD completes the trading week at the level of 8717 and continue to move within the framework of the decline and formation of the «Triangle» model. At this point, you should expect to try the support area test near the level of 7500. Where again we should expect a rebound and an attempt to grow Bitcoin with a target above 12500. Bitcoin weekly forecast May 14 — 18, 2018 In favor of the growth of quotations BTC/USD will perform a test of the broken trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin…
Bitcoin BTC/USD is trading at 9327. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the area of 9500, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 8500 level. Bitcoin forecast & analysis BTC/USD May 11, 2018 In favor of falling quotations, the cryptocurrency will perform a resistance level, as well as the formation of the «Head and Shoulders» reversal model. Earlier, we received a…
Ethereum ETH/USD is traded at the level of 758. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Ethereum. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the area 725 is expected, from which one should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at the level of 900. Ethereum forecast & analysis ETH/USD May 11, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well…
Litecoin LTC/USD is trading at the level of 157. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Litecoin. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 165 level, from which one should expect a rebound and an attempt to continue the LTC/USD fall below 140. Litecoin forecast & analysis LTC/USD May 11, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, we received a weak signal for sell of Litecoin…
Ripple XRP/USD is trading at 0.79. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of Ichimoku Kinko Hyo signal lines near the 0.80 level 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 0.65. Ripple forecast & analysis XRP/USD May 11, 2018 An additional signal in favor of the fall of the cryptocurrency is the resistance level test, as well as the lower bound of the «Triangle» model.…
Bitcoin Cash BCH/USD is traded at the level of 1644. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level of 1550 is expected, from which it is expected to attempt a rebound and continue growth with a target above the 2000 level. Bitcoin Cash forecast & analysis BCH/USD May 11, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as the formation of…
IOTA IOT/USD is trading at 2.32. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for IOTA. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 2.25 level, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target close to 3.00. IOTA forecast & analysis IOT/USD May 11, 2018 An additional signal in favor of the growth of the IOTA cryptocurrency will be the support area test, as well as the lower channel test. Earlier, we received a…