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 77.50 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 74.50. BRENT forecast & technical analysis May 10, 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 abolition of the fall in oil prices will be a strong growth and breakdown at 78.50 dollars per…
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 within the growth. At this point, we should expect an attempt to test the support level near the area of 1.2890 and continue the growth of the pair in the area above the level of 1.3075. USD/CAD forecast & technical analysis May 10, 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 scenario on Forex will be the fall and breakdown of the area of…
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 1315. 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 10, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength, as well as test the upper boundary of the bearish channel. Canceling the option of falling prices for GOLD will be a…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the fall and working off of the «Triangle» model. At this point, we should expect a test of resistance level near the area of 0.6980 and continuation of the fall in the area below the level of 0.6880. NZD/USD forecast & technical analysis May 10, 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 quotation will result in a strong growth and a breakdown at…
Currency pair Dollar Franc USD/CHF continues to move within the bullish channel. At the moment, we should expect an attempt to test the lower border of the channel near the 1.00 area and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0150 level. USD/CHF forecast & technical analysis May 10, 2018 In favor of the growth of the Dollar Franc pair will test the trend line on the indicator of relative strength index (RSI). Canceling the growth of the pair USD/CHF on Forex will be a fall and breakout of the area 0.9980,…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of correction and formation of the «Triangle» model. At this point, we should expect an attempt to test the resistance area near the level of 64.00 and continue falling of the pair into the area below the level of 62.50. USD/RUB forecast & technical analysis May 10, 2018 In favor of the fall of the pair USD/RUB will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the USD/RUB fall variant will result in a strong growth and breakdown of the…
Bitcoin BTC/USD are traded at the level of 9074 and continue to move within the bullish channel. At this point, we should expect a test of the support level near the 9000 area. 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 9950. Bitcoin (BTC/USD) technical analysis May 10, 2018 In favor of the growth of quotations BTC/USD will break the resistance line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall and breakdown…
Dash DSH/USD is traded at the level of 446. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo Cloud is expected to test near the 475 level, from which it is expected to rebound and attempt to continue falling Dash with a target below the level of 400. Dash forecast & analysis DSH/USD May 9, 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 the…
Ethereum Classic ETC/USD is trading at the level of 22.04. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The test of the lower boundary of Ichimoku Kinko Hyo Cloud is expected near the area of 21.50, from which it is expected to attempt a rebound and continue growth with the aim near the level of 26.00. Ethereum Classic forecast & analysis May 9, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well…
Monero XMR/USD is trading at 221. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. The test area of the Ichimoku Kinko Hyo signal lines near the level of 230 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 200. Monero forecast & analysis XMR/USD May 9, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, a weak signal was received for buy of…