Bytecoin BCN/USD is trading at 0.012. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bytecoin. The test area of Ichimoku Kinko Hyo signal lines near 0.011 is expected, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency with a target above 0.017. Bytecoin forecast & analysis BCN/USD May 11, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the channel. Earlier, a strong signal was received for buy of Bytecoin…
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 resistance area near the level of 1.1980, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1685. EUR/USD forecast & technical analysis May 11, 2018 In favor of falling quotations EUR/USD will test the bearish trendline on the indicator of relative strength index (RSI), as well as a test of resistance level. The cancellation of the variant of the Euro/Dollar price decline will result in a strong…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At this point, we should expect a test of resistance level near the area of 1.3650, 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 pair GBP/USD is the area below the level of 1.3250. GBP/USD forecast & technical analysis May 11, 2018 In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). Cancellation of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the moment, we should expect an attempt to test the resistance area near the level of 0.7505 and continue falling quotations in the area below the level of 0.7350. AUD/USD forecast & technical analysis May 11, 2018 In favor of the fall of the pair AUD/USD, a trendline test will be performed on the indicator of relative strength index (RSI). The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and breakdown at the level of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the bullish channel. At the moment, we should expect an attempt to test the support area near the level of 109.10 and continue the growth of the pair in the area above the level of 112.00. USD/JPY forecast & technical analysis May 11, 2018 In favor of the growth of the pair USD/JPY will test the upward trend line on the indicator of relative strength index (RSI). The cancellation of the growth variant of the Dollar/Yen pair will result in a drop and a level…
Quotes of BRENT continue to move in line with growth. At the moment, we should expect an attempt to test the upper border of the channel near the area of 78.00 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 74.00. BRENT forecast & technical analysis May 11, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall in oil prices will be a strong growth and breakdown at 79.50 dollars per…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in a bearish correction. At the moment, we should expect an attempt to test the resistance level near the area of 1.2820 and continue falling growth in the area below the level of 1.2650. USD/CAD forecast & technical analysis May 11, 2018 In favor of falling quotations of the Canadian Dollar will perform a test of the resistance line on the indicator of relative strength index (RSI). Canceling the USD/CAD fall on the Forex market will be strong growth and breakdown of the area of 1.2880, which will indicate…
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 1320. 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 11, 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 descending channel. Cancellation of the decline in the price of GOLD…
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 a test of resistance level near the area of 0.6980 and continuation of the fall into the area below the level of 0.6820. NZD/USD forecast & technical analysis May 11, 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 breakdown at the level of 0.7030, which will…
Currency pair Dollar Franc USD/CHF continues to move within the rising channel. At this point, we should expect an attempt to test the level of support near the area of 0.9970 and the continuation of the growth of the US Dollar against the Swiss Franc with a target above the level of 1.0200. USD/CHF forecast & technical analysis May 11, 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…