Bitcoin Cash BCH/USD is trading at 1281. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level of 1300 is expected, from which it is expected to attempt a rebound and continue falling of the crypto currency with a target below the level of 1000. Bitcoin Cash forecast & analysis BCH/USD May 18, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as the…
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.
The currency pair Euro Dollar EUR/USD continues to move within the bearish trend. At the moment, we should expect a test of the upper border of the channel near the level of 1.1835, from which we should expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1575. EUR/USD forecast & technical analysis May 18, 2018 In favor of falling quotes EUR/USD will form a model of «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price decline will result in a strong growth…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 1.3605, where again we should expect a rebound and the continuation of the fall of the Pound against the Dollar. The purpose of the fall of the pair GBP/USD is the area below the level of 1.3355. GBP/USD forecast & technical analysis May 18, 2018 In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). The cancellation of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of a bullish correction. At the moment, we should expect an attempt to test the resistance area near the level of 0.7580 and continue falling prices in the area below the level of 0.7310. AUD/USD forecast & technical analysis May 18, 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 breakdown at the…
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 upper limit of the model «Triangle» near the level of 109.95 and continue the growth of the pair in the area above the level of 111.45. USD/JPY forecast & technical analysis May 18, 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…
Quotes of BRENT continue to move within the bullish channel. At the moment, we should expect an attempt to test the upper border of the channel near the area of 79.50 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 75.70. BRENT forecast & technical analysis May 18, 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 increase and breakdown of the level of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in correction and formation of the «Triangle» model. At this point, we should expect an attempt to test the support level near the area of 1.2720 and continue the growth of the pair in the area above the level of 1.2930. USD/CAD forecast & technical analysis May 18, 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…
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 1300. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1265. XAU/USD forecast & technical analysis May 18, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI). Cancellation of the decline in the price of GOLD will be a strong growth and breakdown of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. At this point, we should expect an attempt to test the resistance level near the area of 0.6900 and continue falling to the area below the level of 0.6670. NZD/USD forecast & technical analysis May 18, 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 a breakdown at the level of 0.6950, which…
Currency pair Dollar Franc USD/CHF continues to move within the rising channel. At this point, we should expect a test of the support level test near the 0.9950 area and the continued growth of the US Dollar against the Swiss Franc with a target above the level of 1.0200. USD/CHF forecast & technical analysis May 18, 2018 In favor of the growth of the Dollar Franc pair will test the trend line on the indicator of relative strength index (RSI). Cancellation option growth pair USD/CHF will drop and the sample area of 0.9850, that points to the sample channel bottom…