Bitcoin BTC/USD are traded at 6837 and continue to move in a bearish trend. At this point, we should expect an attempt to test the upper limit of the «Triangle» model near the area of 6900. Where again we should expect a rebound and an attempt to continue the Bitcoin drop with a target below the level of 5500. Bitcoin (BTC/USD) technical analysis April 12, 2018 In favor of falling quotes BTC/USD will test the trend line on the indicator of relative strength index (RSI). The cancellation of the Bitcoin drop option will result in a strong growth and breakdown…
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.
Ethereum ETH/USD are traded at 416 and continue to move within a bearish trend. At this point, we should expect a test of the resistance line test near the 450 area. Where again we should expect a rebound and the continued fall of the Ethereum rate with a target below the level of 250. Ethereum (ETH/USD) technical analysis April 12, 2018 In favor of falling quotations ETH/USD will form a reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). Cancellation of the fall option will result in a strong growth and a breakdown of the level…
Quotes of GOLD continue to move within the limits of growth. At this point, we should expect an attempt to test the area of support for the channel near the level of 1330. Where can we expect a rebound and the continued growth in the price of gold with a target above the level of 1365. XAU/USD forecast & technical analysis April 11, 2018 In favor of the growth of quotations XAU/USD will perform a test of the support line on the indicator of relative strength index (RSI). Canceling the variant of the price increase for Gold will be the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction. At this point, we should expect an attempt to test the upper limit of the channel near the level of 1.2690 and continue falling of the pair into the area below the level of 1.2470. USD/CAD forecast & technical analysis April 11, 2018 In favor of falling quotations of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength index (RSI). Cancellation of the USD/CAD fall variant on Forex will be strong and breakdown of the area of 1.2780, which…
Quotes of BRENT crude oil continue to move in line with growth. At the moment, we should expect a test of the support level near the area of 69.10 dollars per barrel. Further, the continued growth of oil in the area above the level of 72.50. BRENT forecast & technical analysis April 11, 2018 In favor of the growth of quotations and prices for oil BRENT will test the trend line on the indicator of relative strength index (RSI). Cancellation of the variant of oil price growth will be a drop and breakdown of the level of 68.00 dollars per…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At the moment, we should expect a test of the resistance area near the level of 107.60 and the continuation of the fall of the pair in the area below the level of 106.00, as part of the development of the bearish model «Wolfe Wave». USD/JPY forecast & technical analysis April 11, 2018 In favor of the fall of the pair USD/JPY will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall variant…
Currency pair Pound Dollar GBP/USD continues to move within the limits of growth. At this point, we should expect an attempt to test the lower boundary of the bullish channel near the area of 1.4000, where again we should expect a rebound and the continued growth of the Pound against the US Dollar. The growth target for the GBP/USD pair is the area above the 1.4350 level. GBP/USD forecast & technical analysis April 11, 2018 In favor of the fall of the pair on Forex will test the trend line on the indicator of relative strength index (RSI). The abolition…
The currency pair Euro Dollar EUR/USD continues to move within the framework of growth. At the moment, we should expect a test of the resistance level near the area of 1.2370, where again we should expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.2240. EUR/USD forecast & technical analysis April 11, 2018 In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength index (RSI). Cancellation of the variant of the Euro/Dollar price drop will be a breakdown at the level of 1.2400, which will indicate…
Bitcoin BTC/USD is trading at 6721. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud near the area of 6850 is expected, from which it is expected to rebound and attempt to continue falling with a target at 6000 level. Bitcoin forecast & analysis BTC/USD April 11, 2018 In favor of falling quotations of cryptocurrency, a resistance area test will perform, as well as a test of the upper bound of the «Triangle» model. The target of the model is the area at the level…
Dash DSH/USD is trading at the level of 296. The cryptocurrency is trading below the lower Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo’s lower bound is expected near the level 305, from which it is expected to rebound and try to continue falling Dash with a target at 240. Dash forecast & analysis DSH/USD April 11, 2018 An additional signal in favor of the fall is the test of the upper bound of the «Triangle» model. The target of the model is the area at the level of 220. Earlier,…