Quotes of GOLD continue to move within the bearish channel of the formation of the «Triangle» model. At this point, we should expect an attempt to test the resistance level near the area of 1315. 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 9, 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 bearish channel. Cancellation option…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the fall and formation of the «Triangle» model. At this point, we should expect an attempt to test the resistance level near the area of 0.7020 and continue falling to the area below the level of 0.6910. NZD/USD forecast & technical analysis May 9, 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 quotation will result in a strong growth and a breakdown at the…
Currency pair Dollar Franc USD/CHF 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 1.00 area and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0130. USD/CHF forecast & technical analysis May 9, 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 a fall and breakout of the area 0.9980, which will…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction. At this point, we should expect an attempt to test the support area near the level of 62.50 and continue the growth of the pair in the area above the level of 66.50. USD/RUB forecast & technical analysis May 9, 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 bullish channel. Canceling the growth of the pair USD/RUB on…
Bitcoin BTC/USD are traded at the level of 9329 and continue to move within the bullish channel. At this point, we should expect a test of the support level near the 9000 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 10650. Bitcoin (BTC/USD) technical analysis May 9, 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). The abolition of the Bitcoin growth option will be the…
Bitcoin BTC/USD is traded at the level of 9340. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud near the area of 9100 is expected, from which we should expect a rebound and an attempt to continue growth with the target at the level of 10200. Bitcoin forecast & analysis BTC/USD May 8, 2018 In support of the growth of the cryptocurrency quotations, a support level test will perform, as well as a test of the lower boundary of the channel. Earlier, a strong…
Ethereum ETH/USD is traded at 729. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test the upper boundary near area 715, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at the level of 900. Ethereum forecast & analysis ETH/USD May 8, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as the test of the lower…
Litecoin LTC/USD is trading at level 162. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the 160 level, from which it is expected to rebound and try to continue the growth of LTC/USD with a target above the level of 200. Litecoin forecast & analysis LTC/USD May 8, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as the test of the…
Ripple XRP/USD is trading at 0.82. 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 8, 2018 An additional signal in favor of the fall of the cryptocurrency will be a support resistance test. Earlier, we received a weak signal for sell of Ripple cryptocurrency, due to…
Bitcoin Cash BCH/USD is traded at the level of 1629. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the 1600 level 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 8, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the channel, as well as…