Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish channel. 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 4, 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). Cancellation option quotations Australian Dollar drop becomes strong rise, and the breakdown level 0.7570, that points to the sample top of…
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the bullish channel. At the moment, we should expect the test of the support area test near the level of 109.40 and the continuation of the pair’s growth in the area above the level of 110.45. USD/JPY forecast & technical analysis May 4, 2018 In favor of the growth of the pair USD/JPY will test the bullish trend line on the indicator of relative strength index (RSI). The cancellation of the growth variant of the Dollar/Yen pair will result in a drop and breakdown at…
Quotes of BRENT continue to move within the correction. At this point, we should expect an attempt to test the resistance level near the area of 74.50 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 71.75. BRENT forecast & technical analysis May 4, 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 76.50 dollars per…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction. At the moment, we should expect an attempt to test the support level near the area of 1.2800 and continue the growth of the pair in the area above the level of 1.3000. USD/CAD forecast & technical analysis May 4, 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…
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 4, 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. The reversal of the decline in GOLD prices will…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the fall. At this point, we should expect an attempt to test the resistance level near the area of 0.7040 and continue falling to the area below the level of 0.6920. NZD/USD forecast & technical analysis May 4, 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 forex quotation will result in a strong growth and breakdown at the level of 0.7070, which will indicate…
Currency pair Dollar Franc USD/CHF continues to move within the rising channel. At the moment, we should expect an attempt to test the lower border of the channel near the area of 0.9940 and continue the growth of the US dollar against the Swiss Franc with a target above 1.0120. USD/CHF forecast & technical analysis May 4, 2018 In favor of the growth of the Dollar Franc pair will test the trend line on the indicator of relative strength index (RSI). The cancellation of the growth of the USD/CHF pair on Forex will be the fall and the breakdown of…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction. At the moment, we should expect an attempt to test the support area near the level of 62.90 and continue the growth of the pair in the area above the level of 67.00. USD/RUB forecast & technical analysis May 4, 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), as well as a test of the lower border of the bullish channel. Cancellation of the growth variant of the USD/RUB…
Ripple XRP/USD is trading at 0.84. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud is expected to test near the 0.85 level, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target near the 0.70 level. Ripple forecast & analysis XRP/USD May 3, 2018 An additional signal in favor of the fall of the cryptocurrency will come from the lower bound of the «Triangle» model. Earlier, a medium strength signal was received for sell…
Litecoin LTC/USD is trading at 147. The currency is traded below the Ichimoku Kinko Hyo Cloud boundary, which indicates a bearish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near level 150 is expected, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below level 130. Litecoin forecast & analysis LTC/USD May 3, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, a medium strength signal was received for sell of Litecoin, due to the…