Ethereum ETH/USD is traded at the level of 676. The bearish is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the 650 area, from which one should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 800 level. Ethereum forecast & analysis ETH/USD May 3, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Earlier, a strong signal was received…
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 traded at 9091. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for Bitcoin. A test of the lower boundary of the Ichimoku Kinko Hyo Cloud near the area of 9000 is expected, 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 3, 2018 In favor of growth of quotations of cryptocurrency, a test of the support area will perform. Earlier, we received a weak signal for sell of Bitcoin, due to the crossing of…
The currency pair Euro Dollar EUR/USD continues to move within the limits of the decline. At the moment, we should expect a test of the upper boundary of the bearish channel near the area of 1.2025, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1880. EUR/USD forecast & technical analysis May 3, 2018 In favor of falling quotations EUR/USD will perform a downward trend test of the support trend on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price decline will result…
Currency pair Pound Dollar GBP/USD continues to move within the framework of a bullish correction. At this point, we should expect a test of the support level near the area of 1.3620, where again we should expect a rebound and continued growth of the Pound against the Dollar. The target of the GBP/USD pair growth is the area above the level of 1.3900, within the development of the bullish model of the «Shark». GBP/USD forecast & technical analysis May 3, 2018 In favor of the growth of the pair on Forex will perform a test of the support area on…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish channel. At the moment, we should expect a test of the resistance area near the level of 0.7520 and the continuation of the fall of quotations in the area below the level of 0.7410. AUD/USD forecast & technical analysis May 3, 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…
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 109.40 and continue the pair’s growth in the area above the level of 111.25. USD/JPY forecast & technical analysis May 3, 2018 In favor of the growth of the pair USD/JPY will test the upward 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 a level break 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 74.40 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 70.75. BRENT forecast & technical analysis May 3, 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 3, 2018 In favor of the growth of quotations of the Canadian Dollar will break through the resistance 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 1.2770, which…
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 1290. XAU/USD forecast & technical analysis May 3, 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 descending channel. Canceling the option of falling prices for GOLD will…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. At the moment, we should expect a test of the resistance level near the area of 0.7040 and continuation of the fall into the area below the level of 0.6940. NZD/USD forecast & technical analysis May 3, 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…