Ripple XRP/USD is trading at 0.80. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud is expected to test near the 0.85 level, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target near the 0.70 level. Ripple forecast & analysis XRP/USD May 9, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, we received a weak signal for sell of Ripple cryptocurrency, due to…
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 Cash BCH/USD is trading at 1578. The cryptocurrency is trading above the upper 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 9, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the uplink, as well as a test of the support level.…
IOTA IOT/USD is trading at 2.39. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in IOTA. Ichimoku Kinko Hyo Cloud is expected to test near the 2.35 level, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target of near 3.10. IOTA forecast & analysis IOT/USD May 9, 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 weak…
EOS EOS/USD is trading at the level of 18.07. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in EOS. Ichimoku Kinko Hyo Cloud is expected to test the lower boundary near the level of 18.20, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target near the level of 14.00. EOS forecast & analysis EOS/USD on May 9, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well…
The currency pair Euro Dollar EUR/USD continues to move within the bearish channel. At the moment, we should expect a test of the upper boundary of the descending channel near the area of 1.1925, from which we should expect an attempt to rebound and continue the fall of the Euro Dollar with a target below 1.1680. EUR/USD forecast & technical analysis May 9, 2018 In favor of falling quotations EUR/USD will test the bearish trend line on the indicator of relative strength index (RSI). 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 the limits of the decline. At this point, we should expect a test of resistance level near the area of 1.3540, 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 GBP/USD pair is the area below the level of 1.3270. GBP/USD forecast & technical analysis May 9, 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the decline and formation of the «Triangle» model. At the moment, we should expect an attempt to test the resistance area near the level of 0.7520 and the continuation of falling quotations in the area below the level of 0.7390. AUD/USD forecast & technical analysis May 9, 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…
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 108.40 and continue the growth of the pair in the area above the level of 110.55. USD/JPY forecast & technical analysis May 9, 2018 In favor of the growth of the pair USD/JPY, an uptrend line test will be performed on the relative strength indicator, as well as the formation of the bullish «Wolfe Wave» model. The cancellation of the growth variant of the Dollar/Yen…
Quotes of BRENT continue to move in line with growth. At this point, we should expect an attempt to test the resistance level near the area of 76.20 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 72.55. BRENT forecast & technical analysis May 9, 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 77.50 dollars per barrel, which will…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction and start of the «Triangle» model development. At this point, we should expect an attempt to test the support level near the area of 1.2890 and continue the growth of the pair in the area above the level of 1.3075. USD/CAD forecast & technical analysis May 9, 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…