Litecoin LTC/USD is trading at level 150. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. Ichimoku Kinko Hyo Cloud near the level 148 is expected to test, from which it is expected to rebound and try to continue the growth of LTC/USD with a target above 175. Litecoin forecast & analysis LTC/USD May 1, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as the test of the lower boundary of the channel. Earlier, a…
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.
Ethereum ETH/USD is traded at the level of 676. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the area of 655, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 850. Ethereum forecast & analysis ETH/USD May 1, 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…
Bitcoin BTC/USD is trading at 9218. 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 9100 area, from which it is expected to rebound and attempt to continue growth with a target at 10500. Bitcoin forecast & analysis BTC/USD May 1, 2018 In favor of the growth of quotations of the cryptocurrency, a test of the lower border of the channel will be made, as well as a test of the support area. Earlier, a strong signal was received…
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 resistance level near the area of 1.2125, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1950. EUR/USD forecast & technical analysis May 1, 2018 In favor of falling quotations EUR/USD will perform a bearish 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 in a strong…
Currency pair Pound Dollar GBP/USD continues to move in the fall. At this point, we should expect an attempt to test the resistance level near the area of 1.3880, 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 will be below 1.3570. GBP/USD forecast & technical analysis May 1, 2018 In favor of the fall of the pair on Forex will perform a downtrend test on the indicator of relative strength index (RSI), as well as the upper channel test. Cancellation…
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 0.7560 and the continuation of falling quotations in the area below the level of 0.7440. AUD/USD forecast & technical analysis May 1, 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). The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and a breakdown at the level…
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 108.80 and continue the growth of the pair in the area above the level of 110.65. USD/JPY forecast & technical analysis May 1, 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 breakdown…
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 73.50 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 70.50. BRENT forecast & technical analysis May 1, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head and Shoulders». The abolition of the fall in oil prices will be a…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the growth framework. At this point, we should expect an attempt to test the resistance level near the area of 1.2910 and continue falling of the pair into the area below the level of 1.2680. USD/CAD forecast & technical analysis May 1, 2018 In favor of falling quotations of the Canadian Dollar will perform a test of the resistance line on the indicator of relative strength index (RSI). Canceling the USD/CAD fall on the Forex market will be strong growth and breakdown of the area of 1.2950, which…
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 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 1300. XAU/USD forecast & technical analysis May 1, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI). The reversal of the decline in the price of GOLD will be a strong growth and breakdown of…