Quotes of BRENT continue to move within the bullish channel. At this point, we should expect an attempt to test the resistance area near the level of 76.50 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 70.50. BRENT forecast & technical analysis May 30, 2018 In favor of falling quotations and prices for oil BRENT will test the trend line on the indicator of relative strength index (RSI). The abolition of the fall in oil prices will be a strong increase and a breakdown of the level of 80.60 dollars…
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.
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in correction. At this point, we should expect an attempt to test the support level near the area of 1.2960 and continue the growth of the pair in the area above the level of 1.3280. USD/CAD forecast & technical analysis May 30, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth option on Forex will be the fall and breakdown of the area of 1.2850,…
Quotes of GOLD continue to move within the framework of a bullish correction. At this point, we should expect an attempt to test the resistance level near area 1305. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1265. XAU/USD forecast & technical analysis May 30, 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 bearish channel. Cancellation of the decline in the price of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of the formation of the «Triangle» model. At this point, we should expect an attempt to test the resistance level near the area of 0.6940 and continue falling to the area below the level of 0.6750. NZD/USD forecast & technical analysis May 30, 2018 In favor of the fall of NZD/USD, a breakdown of the support line will occur on the indicator of relative strength index (RSI). The cancellation of the New Zealand Dollar quotation will result in a strong growth and…
Currency pair Dollar Franc USD/CHF continues to move within a bearish correction. At the moment, we should expect an attempt to test the lower limit of the uplink near the area of 0.9875 and the continuation of the growth of the US Dollar against the Swiss Franc with a target above the level of 1.0250. USD/CHF forecast & technical analysis May 30, 2018 In favor of the growth of the Dollar Franc, the formation of the reversal model «Head and Shoulders» will appear on the indicator of relative strength index (RSI). Cancellation of the growth of the pair USD/CHF on…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction and the «Triangle» model. At the moment, we should expect an attempt to test the support area near the level of 61.75 and continue the growth of the pair in the area above the level of 67.00. USD/RUB forecast & technical analysis May 30, 2018 In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the growth option for the USD/RUB pair on Forex will be a fall and breakdown…
Bitcoin BTC/USD are traded at the level of 7125 and continue to move within the framework of the formation of the bullish «5-0» model. At this point, we should expect a test of the support level near the area of 7100. Again, we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above the level of 8450 as part of the start of the model’s development. The overall growth target is the area above the 10400 level. Bitcoin (BTC/USD) technical analysis May 30, 2018 In favor of the growth of…
Bitcoin Cash BCH/USD is trading at 927. 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 700. Bitcoin Cash forecast & analysis BCH/USD May 29, 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 the level of 0.57. 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 0.60 level is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.50 level. Ripple forecast & analysis XRP/USD May 29, 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…
Litecoin LTC/USD is trading at the level of 114. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near level 116 is expected, from which we should expect a rebound and an attempt to continue falling LTC/USD with a target below 95. Litecoin forecast & analysis LTC/USD May 29, 2018 An additional signal in favor of the fall of the cryptocurrency will be the test of the lower bound of the «Triangle» model, as well as a test of the…