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 74.50 dollars per barrel. Further, the continued fall of oil in the area below the level of 70.20. BRENT forecast & technical analysis April 20, 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 a breakdown of the level of $ 75.50 per barrel,…
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.
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of a bullish correction. At this point, we should expect an attempt to test the resistance level near the area of 1.2800 and continue falling of the pair into the area below the level of 1.2400. USD/CAD forecast & technical analysis April 20, 2018 In favor of the growth of quotations of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength index (RSI), as well as the formation of the bullish «Shark» model. The cancellation of the USD/CAD growth…
Quotes of GOLD continue to move within the framework of correction and formation of the «Triangle» model. At this point, we should expect an attempt to test the upper limit of the model near the level of 1350. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1325. XAU/USD forecast & technical analysis April 20, 2018 In favor of falling quotations XAU/USD will form a reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). Abolishing the variant of the fall in…
Bitcoin BTC/USD are traded at the level of 8240 and continue to move within the framework of the bullish correction. At this point, we should wait for a test of the support level near the 8150 area. Again, we should expect a rebound and an attempt to continue Bitcoin’s growth with a target above the level of 9150. Bitcoin (BTC/USD) technical analysis April 20, 2018 In favor of the growth of quotations BTC/USD will perform a test of a broken trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the descending channel. At this point, we should expect a test of resistance level near the area of 0.7335 and continuation of the fall in the area below the level of 0.7140. NZD/USD forecast & technical analysis April 20, 2018 In favor of the fall of NZD/USD, a test of the broken resistance line on the relative strength index (RSI) will appear, as well as the formation of the «Head and Shoulders» reversal model. The cancellation of the New Zealand Dollar quotation will result…
Currency pair Dollar Franc USD/CHF continues to move within the bullish channel. At this point, we should expect an attempt to test the support level near the area of 0.9650 and continue the growth of the US Dollar against the Swiss Franc with a target above the level of 0.9820. USD/CHF forecast & technical analysis April 20, 2018 In favor of the growth of the Dollar/Franc pair will test the trend line on the indicator of relative strength index (RSI). The cancellation of the growth of the USD/CHF pair on Forex will be the fall and the breakdown of the…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of a bearish correction. At the moment, we should expect an attempt to test the support area near the level of 60.40 and continue the growth of the pair in the area above the level of 65.00. USD/RUB forecast & technical analysis April 20, 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). Canceling the growth of the pair USD/RUB on Forex will be a drop and breakdown of the…
Bitcoin BTC/USD is trading at 8201. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Bitcoin. Ichimoku Kinko Hyo Cloud upper test is expected near the 8050 area, from which it is expected to rebound and attempt to continue growth with the target at 8950 level. Bitcoin forecast & analysis BTC/USD April 20, 2018 In favor of the growth of quotations, the cryptocurrency will perform a support level, as well as a test of the lower bound of the «Triangle» model. Earlier, a weak signal was received for the sell…
Dash DSH/USD is traded at level 408. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. The test area of the Ichimoku Kinko Hyo signal lines near the 400 level is expected, from which we should expect a rebound and an attempt to continue the growth of Dash with a target at 465 level. Dash forecast & analysis DSH/USD April 20, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a…
Ethereum Classic ETC/USD is trading at the level of 17.71. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines is expected near the area at 17.00, from which it is expected to attempt a rebound and continue growth with the target near the level of 20.00. Ethereum Classic forecast & analysis April 20, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the channel, as…