Bitcoin Cash BCH/USD is trading at the level of 1708. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the 1600 level is expected, from which it is expected to attempt a rebound and continue growth with a target above the 2000 level. Bitcoin Cash forecast & analysis BCH/USD May 6, 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…
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 9657. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the area of 9200, from which we should expect a rebound and an attempt to continue growth with the target at 10400 level. Bitcoin forecast & analysis BTC/USD May 5, 2018 In favor of the growth of the cryptocurrency quotes, the upper bound of the «Triangle» model will perform, as well as the test of the lower boundary of the bullish channel. Earlier, a strong…
Ethereum ETH/USD is traded at the level of 780. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. The test area of the Ichimoku Kinko Hyo signal lines near the area of 725 is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 890 level. Ethereum forecast & analysis ETH/USD May 5, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as…
Litecoin LTC/USD is trading at the level of 160. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near level 155 is expected, from which we should expect a rebound and an attempt to continue the growth of LTC/USD with a target above the level of 180. Litecoin forecast & analysis LTC/USD May 5, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well…
Ripple XRP/USD is trading at 0.88. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.87 level, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target near the level of 1.05. Ripple forecast & analysis XRP/USD May 5, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Earlier, a weak signal…
Bitcoin Cash BCH/USD is trading at 1492. The cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 1400, from which it is expected to attempt a rebound and continue growth with a target above the level of 1750. Bitcoin Cash forecast & analysis BCH/USD May 5, 2018 An additional signal in favor of the growth of the cryptocurrency will be the upper bound of the «Triangle» model. Earlier, a medium strength signal was obtained for the buy…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1957 and continues to move within the fall. At this point, we should expect an attempt to test the lower border of the channel near the level of 1.2100 and the continuation of the fall of the euro/dollar in the area below 1.1600. EUR/USD weekly forecast May 7 — 11, 2018 In favor of the fall of EUR/USD, there will be a breakdown of the downlink test on the relative strength index (RSI), as well as a resistance level test. The cancellation of the fall of the…
Quotes of BRENT crude oil close the trading week near the area of 73.81 dollars per barrel. It is worth waiting for an attempt to test the upper boundary of the bullish channel near the level of 74.50 and the beginning of the fall of oil in the area below 62.00 dollars per barrel. BRENT crude oil forecast May 7 — 11, 2018 An additional signal in favor of falling oil quotes in the current trading week will be a test of the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of falling…
Currency pair Pound Dollar GBP/USD completes trading week near area 1.3551. The pair continues to move within the limits of the decline. At this point, we should expect an attempt to test the resistance area near the level of 1.3700 and continue falling quotations in the area below the level of 1.2850. GBP/USD weekly forecast May 7 — 11, 2018 In favor of the fall of the British Pound, a trend line test will be performed on the relative strength index (RSI), as well as the completion of the formation of the reversal model «Double Top». Canceling the fall of…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 63.37 Rubles for the US Dollar. The pair continues to move within the framework of growth. At the moment, we should expect a test of the support area near the level of 62.00 and the continuation of the pair’s growth above the level of 67.50. USD/RUB weekly forecast May 7 — 11, 2018 In favor of the growth of the Dollar Ruble pair will perform a test of the support line on the indicator of relative strength index (RSI). Canceling the option of continuing…