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 109.90 and continue the growth of the pair in the area above the level of 111.20. USD/JPY forecast & technical analysis May 17, 2018 In favor of the growth of the pair USD/JPY will test the bullish trend line on the indicator of relative strength index (RSI). The cancellation of the growth variant of the Dollar/Yen pair will result in…
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.
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 74.50. BRENT forecast & technical analysis May 17, 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 the moment, we should expect an attempt to test the resistance level near the area of 1.2920 and continue the growth of the fall in the area below the level of 1.2550. USD/CAD forecast & technical analysis May 17, 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). The cancellation of the USD/CAD fall on the Forex market will be strong growth 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. Whence we should expect a rebound and continue the fall in the price of GOLD with a target below the level of 1275. XAU/USD forecast & technical analysis May 17, 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 area of…
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 0.6920 and continue falling into the area below the level of 0.6780. NZD/USD forecast & technical analysis May 17, 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 bullish channel. At this point, we should expect an attempt to test the level of support near the area of 0.9880 and the continuation of the growth of the US Dollar against the Swiss Franc with a target above the level of 1.0200. USD/CHF forecast & technical analysis May 17, 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 pair USD/CHF on Forex will be the fall and breakdown of…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of correction and formation of the «Triangle» model. At the moment, we should expect an attempt to test the support area near the level of 61.80 and continue the growth of the pair in the area above the level of 65.50. USD/RUB forecast & technical analysis May 17, 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 USD/RUB pair on Forex will be…
Bitcoin BTC/USD are traded at 8180 and continue to move in the fall. At this point, we should expect a test of resistance level near the area of 8500. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below 7200 level. Bitcoin (BTC/USD) technical analysis May 17, 2018 In favor of falling quotations BTC/USD will test the resistance line on the indicator of relative strength index (RSI). The abolition of the Bitcoin fall will be a strong growth and breakdown of the area of 9150, which will indicate…
Ripple XRP/USD traded at 0.66 and continue to move in a bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.71 and continue the fall of the cryptocurrency in the area below the level of 0.47. Ripple (XRP/USD) technical analysis May 17, 2018 In favor of falling quotations XRP/USD will come the test of the bearish trendline on the indicator of relative strength index (RSI). Cancellation of the fall option will be a breakdown of the resistance level and a close above 0.80, which indicates the breakdown of the upper…
EOS EOS/USD is trading at the level of 13.47. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish EOS trend. Ichimoku Kinko Hyo Cloud is expected to test near the level of 14.50, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target near the level of 10.00. EOS forecast & analysis EOS/USD May 16, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, a medium strength signal…