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 0.9940 and continue the growth of the US dollar against the Swiss Franc with a target above 1.0120. USD/CHF forecast & technical analysis May 4, 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…
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 Russian Ruble USD/RUB continues to move within the correction. At the moment, we should expect an attempt to test the support area near the level of 62.90 and continue the growth of the pair in the area above the level of 67.00. USD/RUB forecast & technical analysis May 4, 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. Cancellation of the growth variant of the USD/RUB…
Ripple XRP/USD is trading at 0.84. 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 3, 2018 An additional signal in favor of the fall of the cryptocurrency will come from the lower bound of the «Triangle» model. Earlier, a medium strength signal was received for sell…
Litecoin LTC/USD is trading at 147. The currency is traded below the Ichimoku Kinko Hyo Cloud boundary, which indicates a bearish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near level 150 is expected, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below level 130. Litecoin forecast & analysis LTC/USD May 3, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, a medium strength signal was received for sell of Litecoin, due to the…
Ethereum ETH/USD is traded at the level of 676. The bearish is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the 650 area, from which one should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 800 level. Ethereum forecast & analysis ETH/USD May 3, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Earlier, a strong signal was received…
Bitcoin BTC/USD is traded at 9091. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for Bitcoin. A test of the lower boundary of the Ichimoku Kinko Hyo Cloud near the area of 9000 is expected, from which we should expect a rebound and an attempt to continue growth with the target at 10400 level. Bitcoin forecast & analysis BTC/USD May 3, 2018 In favor of growth of quotations of cryptocurrency, a test of the support area will perform. Earlier, we received a weak signal for sell of Bitcoin, due to the crossing of…
The currency pair Euro Dollar EUR/USD continues to move within the limits of the decline. At the moment, we should expect a test of the upper boundary of the bearish channel near the area of 1.2025, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1880. EUR/USD forecast & technical analysis May 3, 2018 In favor of falling quotations EUR/USD will perform a downward trend test of the support trend on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price decline will result…
Currency pair Pound Dollar GBP/USD continues to move within the framework of a bullish correction. At this point, we should expect a test of the support level near the area of 1.3620, where again we should expect a rebound and continued growth of the Pound against the Dollar. The target of the GBP/USD pair growth is the area above the level of 1.3900, within the development of the bullish model of the «Shark». GBP/USD forecast & technical analysis May 3, 2018 In favor of the growth of the pair on Forex will perform a test of the support area on…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish channel. At the moment, we should expect a test of the resistance area near the level of 0.7520 and the continuation of the fall of quotations in the area below the level of 0.7410. AUD/USD forecast & technical analysis May 3, 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…
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 109.40 and continue the pair’s growth in the area above the level of 111.25. USD/JPY forecast & technical analysis May 3, 2018 In favor of the growth of the pair USD/JPY will test the upward 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 a level break at…