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 0.7530 and the continuation of falling quotations in the area below the level of 0.7440. AUD/USD forecast & technical analysis May 2, 2018 In favor of the fall of the pair AUD/USD will perform a test of the broken trend line 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…
Author: forex24pro
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 support area near the level of 109.20 and continue the growth of the pair in the area above the level of 111.45. USD/JPY forecast & technical analysis May 2, 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…
Quotes of BRENT continue to move within the bullish channel. At this point, we should expect an attempt to test the resistance level near the area of $ 76.15 per barrel. Further, the continuation of the fall of oil in the area below the level of 72.70. BRENT forecast & technical analysis May 2, 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…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the rising channel. At this point, we should expect an attempt to test the support level near the area of 1.2830 and continue the growth of the pair in the area above the level of 1.3000. USD/CAD forecast & technical analysis May 2, 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,…
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 1320. 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 2, 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. The reversal of the decline in the price of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the descending channel. At this point, we should expect an attempt to test the resistance level near the area of 0.7070 and continue falling to the area below the level of 0.6880. NZD/USD forecast & technical analysis May 2, 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 0.7120, which will indicate…
Currency pair Dollar Franc USD/CHF continues 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 0.9880 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0080 level. USD/CHF forecast & technical analysis May 2, 2018 In favor of the growth of the Dollar Franc pair will test the trend line on the indicator of relative strength index (RSI). Canceling the growth of the USD/CHF pair on Forex will be the fall and breakdown of the area…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of growth. At the moment, we should expect an attempt to test the support area near the level of 62.70 and continue the growth of the pair to an area above the level of 66.50, as part of the development of the «Head and Shoulders» reversal model. USD/RUB forecast & technical analysis May 2, 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). Cancellation of the growth option for the…
EOS EOS/USD is trading at the level of 18.42. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in EOS. The test area of the Ichimoku Kinko Hyo signal lines near the level of 17.50 is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target near the level of 25.00. EOS forecast & analysis EOS/USD May 1, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of…
Ripple XRP/USD is trading at 0.83. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the 0.80 level is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target close to 1.00. Ripple forecast & analysis XRP/USD May 1, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a strong signal was received for…