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 10, 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…
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 is trading at 9290. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test the upper boundary near area 9600, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target at 8500 level. Bitcoin forecast & analysis BTC/USD May 10, 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 748. 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 10, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as the test…
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 10, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as the test of the lower boundary of…
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 0.70 level. Ripple forecast & analysis XRP/USD May 10, 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. Earlier,…
Bitcoin Cash BCH/USD is trading at 1571. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud Upper Test is expected near the level of 1550, from which one should expect a rebound attempt and continue growth with a goal above the 2000 level. Bitcoin Cash forecast & analysis BCH/USD May 10, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the channel, as well as a test of the support level. Earlier,…
The currency pair Euro Dollar EUR/USD continues to move within the bearish channel. At the moment, we should expect a test of the upper boundary of the bearish channel near the area of 1.1870, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1680. EUR/USD forecast & technical analysis May 10, 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 Euro/Dollar price decline…
Currency pair Pound Dollar GBP/USD continues to move in the framework of the decline and formation of the «Triangle» model. At this point, we should expect a test of resistance level near the area of 1.3550, where again we should expect a rebound and the continuation of the fall of the British Pound against the USDollar. The target of the fall of the GBP/USD pair is the area below the level of 1.3270. GBP/USD forecast & technical analysis May 10, 2018 In favor of the fall of the pair on Forex will test the resistance line on the indicator of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the decline and development of the «Triangle» model. At the moment, we should expect a test of the resistance area near the level of 0.7470 and the continuation of the fall of quotations in the area below the level of 0.7350. AUD/USD forecast & technical analysis May 10, 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). The cancellation of the variant of the Australian Dollar price fall will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At the moment, we should expect a test of the support area test near the level of 109.20 and the continuation of the pair’s growth in the area above the level of 110.55. USD/JPY forecast & technical analysis May 10, 2018 In favor of the growth of the pair USD/JPY will test the bullish 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 breakdown…