Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near area 0.7509. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the area of 0.7600 and continue the fall of AUD/USD with a target below 0.7120. AUD/USD weekly forecast May 21 — 25, 2018 In favor of the fall, a trendline test will be performed on the relative strength index (RSI). The cancellation of the AUD/USD fall will result in a strong growth and breakdown at the level of 0.7750, which…
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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.
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2812. The pair 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 1.2750 and continue the growth of quotations with a target above the level of 1.3450. USD/CAD weekly forecast May 21 — 25, 2018 In favor of the growth of the pair USD/CAD will test the upward trend line on the indicator of relative strength index (RSI). The cancellation of the continuation of USD/CAD quotes…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 110.99. At this point, we should expect an attempt to test the support level near the area of 108.50 and continue the growth of the pair to an area above the level of 115.50. USD/JPY weekly forecast May 21 — 25, 2018 In favor of the pair’s growth, the Dollar/Yen will test the support line on the relative strength index (RSI). The cancellation of the growth of the pair USD/JPY on the current trading week will be the fall and breakdown of…
GOLD XAU/USD close the trading week near the area of 1288. Quotes continue to move within the bullish channel. At the moment, we should expect a test of the resistance level near the area of 1310 and the continuation of the fall in the price of GOLD below the level of 1225. XAU/USD weekly forecast May 21 — 25, 2018 In favor of falling quotations and prices for GOLD will perform a downtrend test of the trend on the indicator of relative strength index (RSI). The cancellation of the fall in the XAU/USD quotation will result in a strong growth…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6906. The pair continues to move in a bearish trend. At the moment, we should expect a test of the resistance area near the level of 0.7100 and continuation of the fall of the pair below the level of 0.6650. NZD/USD weekly forecast May 21 — 25, 2018 In favor of the fall of NZD/USD, a resistance line test will be performed on the relative strength index (RSI). Cancellation of the fall variant will be a strong and breakdown of the area…
Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9992. At this point, we should expect the test of the support area test near the level of 0.9800 and the continued growth of the pair with a target above the level of 1.0350. USD/CHF weekly forecast May 21 — 25, 2018 In favor of the pair’s growth, the Dollar Franc will perform a test of the support area on the indicator of relative strength index (RSI). Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of 0.9700, which will indicate the…
Bitcoin BTC/USD completes the trading week at 8075 and continue to move within the framework of the decline and formation of the «Triangle» model. At this point, we should expect a test of the support area near the level of 7500. Again, we should expect a rebound and an attempt to increase the Bitcoin rate with a target above 12500. Bitcoin weekly forecast May 21 — 25, 2018 In favor of the growth of quotations BTC/USD will test the bullish trendline on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth scenario will be the fall…
Dash DSH/USD is traded at 409. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Dash. The test area of Ichimoku Kinko Hyo signal lines near level 425 is expected, from which it is expected to rebound and attempt to continue falling Dash with a target below the level of 340. Dash forecast & analysis DSH/USD May 18, 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 obtained to sell the Dash cryptocurrency,…
Ethereum Classic ETC/USD is trading at the level of 17.82. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the area of 18.00, from which one should expect a rebound attempt and continue falling with the target near the level of 14.00. Ethereum Classic forecast & analysis May 18, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test, as well as the…
Monero XMR/USD is trading at the level of 200. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level 205 is expected, from which we should expect a rebound and an attempt to continue the growth of the crypto currency with a target at level 160. Monero forecast & analysis XMR/USD May 18, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the channel,…