Litecoin LTC/USD is trading at the level of 157. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Litecoin. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 165 level, from which one should expect a rebound and an attempt to continue the LTC/USD fall below 140. Litecoin forecast & analysis LTC/USD May 11, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, we received a weak signal for sell of Litecoin…
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.
Ripple XRP/USD is trading at 0.79. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of Ichimoku Kinko Hyo signal lines near the 0.80 level is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target near the level of 0.65. Ripple forecast & analysis XRP/USD May 11, 2018 An additional signal in favor of the fall of the cryptocurrency is the resistance level test, as well as the lower bound of the «Triangle» model.…
Bitcoin Cash BCH/USD is traded at the level of 1644. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level of 1550 is expected, from which it is expected to attempt a rebound and continue growth with a target above the 2000 level. Bitcoin Cash forecast & analysis BCH/USD May 11, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as the formation of…
IOTA IOT/USD is trading at 2.32. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for IOTA. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 2.25 level, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target close to 3.00. IOTA forecast & analysis IOT/USD May 11, 2018 An additional signal in favor of the growth of the IOTA cryptocurrency will be the support area test, as well as the lower channel test. Earlier, we received a…
Bytecoin BCN/USD is trading at 0.012. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bytecoin. The test area of Ichimoku Kinko Hyo signal lines near 0.011 is expected, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency with a target above 0.017. Bytecoin forecast & analysis BCN/USD May 11, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the channel. Earlier, a strong signal was received for buy of Bytecoin…
The currency pair Euro Dollar EUR/USD continues to move within the bearish trend. At the moment, we should expect a test of the resistance area near the level of 1.1980, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1685. EUR/USD forecast & technical analysis May 11, 2018 In favor of falling quotations EUR/USD will test the bearish trendline on the indicator of relative strength index (RSI), as well as a test of resistance level. 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 within a bearish trend. At this point, we should expect a test of resistance level near the area of 1.3650, where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The target of the fall of the pair GBP/USD is the area below the level of 1.3250. GBP/USD forecast & technical analysis May 11, 2018 In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). Cancellation of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the moment, we should expect an attempt to test the resistance area near the level of 0.7505 and continue falling quotations in the area below the level of 0.7350. AUD/USD forecast & technical analysis May 11, 2018 In favor of the fall of the pair AUD/USD, a trendline 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 level of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the bullish channel. At the moment, we should expect an attempt to test the support area near the level of 109.10 and continue the growth of the pair in the area above the level of 112.00. USD/JPY forecast & technical analysis May 11, 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 a level…
Quotes of BRENT continue to move in line with growth. At the moment, we should expect an attempt to test the upper border of the channel near the area of 78.00 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 74.00. BRENT forecast & technical analysis May 11, 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 cancellation of the fall in oil prices will be a strong growth and breakdown at 79.50 dollars per…