NEO NEO/USD is traded at 77.95. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in NEO. Ichimoku Kinko Hyo Cloud test is expected near the level of 80.00, from which one should expect a rebound and attempt to continue falling with the target near the level of 65.00. NEO forecast & analysis NEO/USD May 8, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the level of support, as well as a test of the lower boundary of the channel. Earlier, we…
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.
EOS EOS/USD is trading at the level of 17.53. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in EOS. The test of the lower boundary of Ichimoku Kinko Hyo Cloud is expected near the level of 18.00, from which one should expect a rebound and an attempt to continue falling of the cryptocurrency with the target near the level of 14.00. EOS forecast & analysis EOS/USD May 8, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well…
TRON TRX/USD is trading at the level of 0.081. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in TRON. Ichimoku Kinko Hyo Cloud is expected to test near the 0.082 level, from which it is expected to rebound and attempt to continue falling with the target close to 0.070. TRON forecast & analysis TRX/USD May 8, 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 boundary of the bearish channel. 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 descending channel near the area of 1.1955, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1780. EUR/USD forecast & technical analysis May 8, 2018 In favor of falling quotations EUR/USD will test the downward trend line on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price decline will result in a strong growth and breakdown…
Currency pair Pound Dollar GBP/USD continues to move within the limits of the decline. 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 US Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.3300. GBP/USD forecast & technical analysis May 8, 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 in the framework of the decline and formation of the «Triangle» model. At the moment, we should expect an attempt to test the resistance area near the level of 0.7540 and the continuation of falling quotations in the area below the level of 0.7400. AUD/USD forecast & technical analysis May 8, 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 drop in the Australian Dollar quotations will result in…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the bullish channel. At this point, we should expect an attempt to test the support area near the level of 109.00 and continue the growth of the pair in the area above the level of 111.55. USD/JPY forecast & technical analysis May 8, 2018 In favor of the growth of the pair USD/JPY, an uptrend test on the relative strength indicator will perform, as well as a support level test. The cancellation of the growth variant of the Dollar/Yen pair will result in a drop…
Quotes of BRENT continue to move in line with growth. At this point, we should expect an attempt to test the resistance level near the area of 76.20 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 72.55. BRENT forecast & technical analysis May 8, 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 a breakdown of the level of 76.90 dollars…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of correction and formation of the «Triangle» model. At this point, we should expect a test of the support level test near the area of 1.2840 and the continuation of the pair’s growth in the area above the level of 1.3020. USD/CAD forecast & technical analysis May 8, 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…
Quotes of GOLD continue to move within the bearish channel of the formation of the «Triangle» model. 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 8, 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 option…