Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7580. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the lower border of the channel near the area of 0.7650 and continue the fall of AUD/USD with a target below 0.7250. AUD/USD weekly forecast April 30 — May 4, 2018 In favor of the fall, a trendline test will be performed on the relative strength index (RSI). The cancellation of the AUD/USD fall will result in a strong growth and breakdown at the level…
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.
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2825. At the moment, we should expect a test of the resistance level near the area of 1.2970 and the continuation of the fall of quotations with a target below the level of 1.2450. USD/CAD weekly forecast April 30 — May 4, 2018 In favor of the fall of the pair USD/CAD will perform a downward trend test on the indicator of relative strength index (RSI). The cancellation of the continuation of the USD/CAD decline in the current trading week will be a strong…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 109.03. At this point, we should expect an attempt to test the support level near the area of 107.50 and continue the growth of the pair to an area above the level of 111.50. USD/JPY weekly forecast April 30 — May 4, 2018 In favor of the pair’s growth, the Yen Dollar will test the support line on the relative strength index (RSI). The cancellation of the growth of the pair USD/JPY in the current trading week will be the fall and…
GOLD XAU/USD close the trading week near the area of 1323. Quotes continue to move within the bullish channel. At the moment, we should expect a test of the support level near the area of 1320 and the continuation of growth above the level of 1395. XAU/USD weekly forecast April 30 — May 4, 2018 In favor of the growth of quotations and prices for GOLD will perform a trend line test on the indicator of relative strength index (RSI). Cancellation of the growth scenario for XAU/USD will be the fall and breakdown of the 1295 area, which will indicate…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7084. The pair continues to move in a bearish trend. At the moment, we should expect a test of the resistance area near the level of 0.7150 and continuation of the fall of the pair below the level of 0.6850. NZD/USD weekly forecast April 30 — 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 fall variant will be a strong and breakdown of…
Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9878. At the moment, we should expect a test of the resistance area near the level of 0.9950 and continuation of the fall of the pair with a target below 0.9450, within the framework of the formation of the «Head and Shoulders» reversal model. In favor of the fall of the pair, the Dollar/Franc will test the resistance area on the relative strength index (RSI). USD/CHF weekly forecast April 30 — May 4, 2018 The cancellation of the USD/CHF decline option will result in a strong growth and…
Bitcoin BTC/USD completes the trading week at 9142 and continue to move within the correction. At this point, we should expect an attempt to test the support area near the level of 7500. Where again we should expect a rebound and an attempt to grow Bitcoin with a target above 13000. Bitcoin weekly forecast April 30 — May 4, 2018 In favor of the growth of quotations BTC/USD will perform a test of the broken trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall and breakdown of the…
Bitcoin BTC/USD is trading at 9239. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to be tested near the 9000 area, from which it is expected to rebound and attempt to continue growth with a target at 10400. Bitcoin forecast & analysis BTC/USD April 28, 2018 In favor of the growth of quotations of cryptocurrency, the test of the lower border of the uplink will perform, as well as a test of the support level. Earlier, we received a weak signal for…
Dash DSH/USD is traded at 486. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. Ichimoku Kinko Hyo Cloud is expected to test near the level 460, from which it is expected to rebound and try to continue the growth of Dash with a target at 620. Dash forecast & analysis DSH/USD April 28, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, we received a weak signal for sell of Dash cryptocurrency,…
Ethereum Classic ETC/USD is trading at the level of 20.74. 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 of the upper boundary of the Ichimoku Kinko Hyo Cloud is expected near the area of 20.00, from which one should expect a rebound attempt and continue growth with the aim near the level of 25.00. Ethereum Classic forecast & analysis April 28, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Earlier, a…