Ripple XRP/USD is trading at 0.87. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.85 level, from which it is expected to rebound and try to continue the growth of the cryptocurrency with the target near the level of 1.05. Ripple forecast & analysis XRP/USD May 4, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Earlier, a weak signal was received for buy of…
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 1502. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level of 1400 is expected, from which it is expected to attempt a rebound and continue growth with a target above the level of 1750. Bitcoin Cash forecast & analysis BCH/USD May 4, 2018 An additional signal in favor of the growth of the cryptocurrency will be the upper bound of the «Triangle» model. Earlier, a medium strength signal was obtained…
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 downward channel near the area of 1.1985, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1820. EUR/USD forecast & technical analysis May 4, 2018 In favor of falling quotations EUR/USD will test the downward 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 growth and breakdown…
Currency pair Pound Dollar GBP/USD continues to move within the limits of the decline. At this point, we should expect an attempt to test the support level near the area of 1.3550, where again we should expect a rebound and continued growth of the British Pound against the US Dollar. The target of GBP/USD pair growth is the area above the level of 1.3900, within the framework of the development of the bullish «Shark» model. GBP/USD forecast & technical analysis May 4, 2018 In favor of the growth of the pair on Forex will perform a test of the support…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish channel. At the moment, we should expect an attempt to test the resistance area near the level of 0.7540 and the continuation of falling quotations in the area below the level of 0.7400. AUD/USD forecast & technical analysis May 4, 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). Cancellation option quotations Australian Dollar drop becomes strong rise, and the breakdown level 0.7570, that points to the sample top of…
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 the test of the support area test near the level of 109.40 and the continuation of the pair’s growth in the area above the level of 110.45. USD/JPY forecast & technical analysis May 4, 2018 In favor of the growth of the pair USD/JPY will test the bullish trend line on the indicator of relative strength index (RSI). The cancellation of the growth variant of the Dollar/Yen pair will result in a drop and breakdown at…
Quotes of BRENT continue to move within the correction. At this point, we should expect an attempt to test the resistance level near the area of 74.50 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 71.75. BRENT forecast & technical analysis May 4, 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 76.50 dollars per…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction. At the moment, we should expect an attempt to test the support level near the area of 1.2800 and continue the growth of the pair in the area above the level of 1.3000. USD/CAD forecast & technical analysis May 4, 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 fall and breakdown of the area of…
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 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 4, 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. The reversal of the decline in GOLD prices will…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the fall. At this point, we should expect an attempt to test the resistance level near the area of 0.7040 and continue falling to the area below the level of 0.6920. NZD/USD forecast & technical analysis May 4, 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 0.7070, which will indicate…