Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the bullish channel. At this point, we should expect an attempt to test the support area near the level of 109.00 and continue the growth of the pair in the area above the level of 111.55. USD/JPY forecast & technical analysis May 8, 2018 In favor of the growth of the pair USD/JPY, an uptrend test on the relative strength indicator will perform, as well as a support level test. The cancellation of the growth variant of the Dollar/Yen pair will result in a drop…
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 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 8, 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 growth and a breakdown of the level of 76.90 dollars…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of correction and formation of the «Triangle» model. At this point, we should expect a test of the support level test near the area of 1.2840 and the continuation of the pair’s growth in the area above the level of 1.3020. USD/CAD forecast & technical analysis May 8, 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…
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 8, 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…
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 0.6905. NZD/USD forecast & technical analysis May 8, 2018 In favor of the fall of NZD/USD, a resistance line test will be performed on the relative strength index (RSI). Cancellation option New Zealand Dollar quotations fall Forex will be strong growth and breakdown of the level 0.7070, which…
Currency pair Dollar Franc USD/CHF continues to move within the rising channel. At the moment, we should expect an attempt to test the lower border of the channel near the area of 0.9970 and continue the growth of the US dollar against the Swiss Franc with a target above 1.0150 level. USD/CHF forecast & technical analysis May 8, 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 of the area…
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 65.80. USD/RUB forecast & technical analysis May 8, 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 9327 and continue to move within the ascending channel. At this point, we should expect a test of the support level near the area of 9150. Again, we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above 10150. Bitcoin (BTC/USD) technical analysis May 8, 2018 In favor of the growth of quotations BTC/USD will perform a test of the support area on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall and…
Bitcoin BTC/USD is trading at 9619. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the area of 9500 is expected, from which we should expect a rebound and an attempt to continue growth with the target at 10600 level. Bitcoin forecast & analysis BTC/USD May 7, 2018 In support of growth of quotations of cryptocurrency, a test of the level of support will perform. Earlier, a strong signal was received for buy of Bitcoin, due to the crossing…
Ethereum ETH/USD is traded at the level of 790. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. The test area of the Ichimoku Kinko Hyo signal lines is expected near the area of 765, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target at 930 level. Ethereum forecast & analysis ETH/USD May 7, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as the…