Ripple XRP/USD traded at 0.59 and continue to move in the bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.62 and continue the fall of the crypto currency in the area below the level of 0.51. Ripple (XRP/USD) technical analysis May 31, 2018 In favor of falling quotations XRP/USD will come the test of the bearish trend line on the indicator of relative strength index (RSI), as well as the test of the upper boundary of the bearish channel. Cancellation of the fall variant will be a breakdown of…
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 BTC/USD are traded at 7429 and continue to move within the bearish trend. At this point, we should expect a test of the resistance level near the area of 7550. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below the level of 6400. Bitcoin (BTC/USD) technical analysis May 31, 2018 In favor of falling quotations BTC/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the Bitcoin drop option will result in a strong growth and breakdown of the…
Bitcoin Cash BCH/USD is trading at 973. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the 980 level is expected, from which it is expected to attempt a rebound and continue falling of the cryptocurrency with a target below the level of 750. Bitcoin Cash forecast & analysis BCH/USD May 30, 2018 An additional signal in favor of the fall of the cryptocurrency will come from the resistance area test, as well as the lower bound of…
Ripple XRP/USD is trading at 0.59. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud low limit test is expected near the 0.60 level, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target near the 0.50 level. Ripple forecast & analysis XRP/USD May 30, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary of…
Litecoin LTC/USD is trading at the level of 119. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the 120 level, from which one should expect a rebound and an attempt to continue falling LTC/USD with a target below the level of 100. Litecoin forecast & analysis LTC/USD May 30, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the channel, as well as a…
Ethereum ETH/USD is trading at 555. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The test area of the Ichimoku Kinko Hyo signal lines near the area 560 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 440. Ethereum forecast & analysis ETH/USD May 30, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a test of the upper…
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 1.1705, from which we should expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below the level of 1.1220. EUR/USD forecast & technical analysis May 30, 2018 In favor of falling quotations EUR/USD will test the bearish trend line on the indicator of relative strength index (RSI), as well as a test of resistance level. The cancellation of the variant of the…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 1.3325, 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 1.2905. GBP/USD forecast & technical analysis May 30, 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish channel. At the moment, we should expect an attempt to test the resistance area near the level of 0.7570 and the continuation of falling quotations in the area below the level of 0.7250. AUD/USD forecast & technical analysis May 30, 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 and…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction. At this point, we should expect an attempt to test the resistance area near the level of 108.95 and continue the fall of the pair in the area below the level of 106.40. USD/JPY forecast & technical analysis May 30, 2018 In favor of the fall of the pair USD/JPY, the trend line 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…