Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in a bearish correction. At the moment, we should expect an attempt to test the resistance level near the area of 1.2820 and continue falling growth in the area below the level of 1.2650. USD/CAD forecast & technical analysis May 11, 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). Canceling the USD/CAD fall on the Forex market will be strong growth and breakdown of the area of 1.2880, which will indicate…
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 GOLD continue to move within the bearish channel. At this point, we should expect an attempt to test the resistance level near the area of 1320. Where can we expect a rebound and the continuation of the fall in the price of gold with a target below the level of 1285. XAU/USD forecast & technical analysis May 11, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI), as well as test the upper boundary of the descending channel. Cancellation of the decline in the price of GOLD…
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 a test of resistance level near the area of 0.6980 and continuation of the fall into the area below the level of 0.6820. NZD/USD forecast & technical analysis May 11, 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 breakdown at the level of 0.7030, which will…
Currency pair Dollar Franc USD/CHF continues to move within the rising channel. At this point, we should expect an attempt to test the level of support near the area of 0.9970 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 11, 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 of the growth of the pair USD/CHF on Forex will be the fall and breakdown…
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 62.00 and continue the growth of the pair in the area above the level of 66.00. USD/RUB forecast & technical analysis May 11, 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), as well as a test of the lower border of the rising channel.…
Bitcoin BTC/USD are traded at the level of 9074 and continue to move within the bullish channel. At this point, we should expect a test of the support level near the 9100 area. Again, we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above the level of 9750. Bitcoin (BTC/USD) technical analysis May 11, 2018 In favor of the growth of quotations BTC/USD will perform a test of the support line on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head…
Dash DSH/USD is trading at 438. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Dash. The test area of Ichimoku Kinko Hyo signal lines near the 450 level is expected, from which it is expected to rebound and attempt to continue falling Dash with a target below the level of 375. Dash forecast & analysis DSH/USD May 10, 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 Dash cryptocurrency,…
Ethereum Classic ETC/USD is trading at 21.42. 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 Ichimoku Kinko Hyo Cloud is expected near the area of 22.50, from which one should expect a rebound attempt and continue falling with the aim near the level of 18.00. Ethereum Classic forecast & analysis May 10, 2018 An additional signal in favor of the fall of the crypto currency will be a resistance level test. Earlier, we received a weak signal for…
Monero XMR/USD is trading at the level of 230. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Monero. The test of the lower boundary of the bullish «5-0» model near the 220 level is expected, from which one should expect a rebound and an attempt to continue the growth of the crypto currency with a target at the level of 260. Monero forecast & analysis XMR/USD May 10, 2018 An additional signal in favor of the growth of the crypto currency will be the channel boundary…
Zcash ZEC/USD is trading at 274. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. The test area of Ichimoku Kinko Hyo signal lines near the level of 280 is expected, from which one should expect a rebound and an attempt to continue falling of the cryptocurrency with a target below the level of 240. Zcash forecast & analysis ZEC/USD May 10, 2018 An additional signal in favor of the fall of the cryptocurrency will come from the lower bound of the «Triangle» model. Earlier, we received a weak…