Ripple XRP/USD is trading at 0.67. The cryptocurrency trading below the cloud base Ichimoku Kinko Hyo, indicating a bearish trend of Ripple. Ichimoku Kinko Hyo Cloud is expected to test near the 0.68 level, from which we expect a rebound and an attempt to continue the fall of the crypto currency with the target near the level of 0.55. Ripple forecast & analysis XRP/USD May 22, 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 the upper boundary of the bearish channel. Earlier,…
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 Cash BCH/USD is traded at the level of 1220. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin Cash. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 1300 is expected, from which it is expected to attempt a rebound and continue falling of the crypto currency with a target below 950 level. Bitcoin Cash forecast & analysis BCH/USD May 22, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area,…
The currency pair Euro Dollar EUR/USD continues to move within the bearish trend. At the moment, we should expect a test of the upper border of the channel near the level of 1.1780, from which we should expect an attempt to rebound and continue the fall of the Euro Dollar with a target below the level of 1.1525. EUR/USD forecast & technical analysis May 22, 2018 In favor of falling quotes EUR/USD will form a model of «Head and Shoulders» on the indicator of relative strength index (RSI), as well as a test of resistance level. The cancellation of the…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At this point, we should expect a test of resistance level near the area of 1.3475, where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The fall target of the GBP/USD pair is the area below the level of 1.3165. GBP/USD forecast & technical analysis May 22, 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 of the variant of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction. At the moment, we should expect a test of the resistance area near the level of 0.7540 and the continuation of the fall of quotations in the area below the level of 0.7325. AUD/USD forecast & technical analysis May 22, 2018 In favor of the fall of the pair AUD/USD, a trendline 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 a strong growth and breakdown at the level of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At this point, we should expect an attempt to test the bottom of the uplink near the level of 110.45 and continue the growth of the pair in the area above the level of 112.85. USD/JPY forecast & technical analysis May 22, 2018 In favor of the growth of the pair USD/JPY, an uptrend test on the relative strength index (RSI) will perform, as well as a support level test. The cancellation of the growth variant of the Dollar/Yen pair will…
Quotes of BRENT continue to move within the bullish channel. At the moment, we should expect an attempt to test the lower border of the channel near the area of 77.20 dollars per barrel. Further, the continued growth of oil in the area above the level of 81.00. BRENT forecast & technical analysis May 22, 2018 In favor of the growth of quotations and prices for oil BRENT will perform a test of the support line on the indicator of relative strength index (RSI). The abolition of the variant of oil price growth will be a drop and breakdown of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in correction and formation of the «Triangle» model. At this point, we should expect an attempt to test the support level near the area of 1.2780 and continue the growth of the pair in the area above the level of 1.3080. USD/CAD forecast & technical analysis May 22, 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…
Quotes of GOLD continue to move within the limits of the decline. At this point, we should expect an attempt to test the resistance level near the area of 1300. 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 22, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI), as well as a test of the resistance level. Cancellation of the decline in the price of GOLD…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. At this point, we should expect an attempt to test the resistance level near the area of 0.6910 and continue falling to the area below the level of 0.6740. NZD/USD forecast & technical analysis May 22, 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 breakdown at the level of 0.6960, which will indicate…