Ethereum ETH/USD is traded at 685. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish 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 830 level. Ethereum forecast & analysis ETH/USD April 29, 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 for buy of 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.
Bitcoin BTC/USD is trading at 9327. 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 be tested near the area of 9250, from which we should expect a rebound and an attempt to continue growth with the target at 10400 level. Bitcoin forecast & analysis BTC/USD April 29, 2018 In favor of the growth of quotations of cryptocurrency, the test of the lower border of the channel will perform, as well as a test of the support level. Earlier, we received a…
Currency pair Euro Dollar EUR/USD closes the trading week near the area of 1.2129 and 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 level of 1.2100 and continue growth in the area above 1.2750. EUR/USD weekly forecast April 30 — May 4, 2018 In favor of EUR/USD growth, breakdown of the resistance line on the relative strength index (RSI) will take place, as well as a test of the support level. The cancellation of the growth of the pair’s quotations in the current…
Quotes of BRENT crude oil close the trading week near the area of 74.11 dollars per barrel. It is worth waiting for an attempt to test the upper limit of the bullish channel near the level of 74.50 and the beginning of the fall of oil in the area below $ 62.00 per barrel as part of the development of the reversal model «Double Top». BRENT crude oil forecast April 30 — May 4, 2018 An additional signal in favor of falling oil quotes will be a test of the resistance line on the indicator of relative strength index (RSI).…
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3776. The pair continues to move within the bullish channel. At this point, we should expect an attempt to test the resistance area near the level of 1.4150 and continue falling quotations in the area below the level of 1.3000. GBP/USD weekly forecast April 30 — May 4, 2018 In favor of the fall of the British Pound, a trend line test will be performed on the relative strength index (RSI), as well as the formation of the reversal model «Double Top». The cancellation of the fall…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 61.99 Rubles for the US Dollar. The pair continues to move within the correction. At the moment, we should expect a test of the support area near the level of 61.00 and the continuation of the growth of the pair above the level of 67.50. USD/RUB weekly forecast April 30 — May 4, 2018 In favor of the growth of the Dollar Ruble pair will perform a test of the support line on the indicator of relative strength index (RSI). Canceling the option of…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7580. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the lower border of the channel near the area of 0.7650 and continue the fall of AUD/USD with a target below 0.7250. AUD/USD weekly forecast April 30 — May 4, 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…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2825. At the moment, we should expect a test of the resistance level near the area of 1.2970 and the continuation of the fall of quotations with a target below the level of 1.2450. USD/CAD weekly forecast April 30 — May 4, 2018 In favor of the fall of the pair USD/CAD will perform a downward trend test on the indicator of relative strength index (RSI). The cancellation of the continuation of the USD/CAD decline in the current trading week will be a strong…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 109.03. At this point, we should expect an attempt to test the support level near the area of 107.50 and continue the growth of the pair to an area above the level of 111.50. USD/JPY weekly forecast April 30 — May 4, 2018 In favor of the pair’s growth, the Yen Dollar will test the support line on the relative strength index (RSI). The cancellation of the growth of the pair USD/JPY in the current trading week will be the fall and…
GOLD XAU/USD close the trading week near the area of 1323. Quotes continue to move within the bullish channel. At the moment, we should expect a test of the support level near the area of 1320 and the continuation of growth above the level of 1395. XAU/USD weekly forecast April 30 — May 4, 2018 In favor of the growth of quotations and prices for GOLD will perform a trend line test on the indicator of relative strength index (RSI). Cancellation of the growth scenario for XAU/USD will be the fall and breakdown of the 1295 area, which will indicate…