Bitcoin BTC/USD are trading at 6679 and continue to move in the bearish trend. At this point, we should expect a test of the resistance level 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 11, 2018 In favor of falling quotes BTC/USD will perform a test of a broken trend line on the indicator of relative strength index (RSI). The abolition of Bitcoin’s fall will be a strong growth and breakdown of the 7200 area,…
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 currency pair Euro Dollar EUR/USD continues to move within the framework of growth. At the moment, we should expect a test of the upper boundary of the bearish channel near the area of 1.2275, where again we should expect an attempt to rebound and continue the growth of the Euro/Dollar with a target above 1.2430. EUR/USD forecast & technical analysis April 10, 2018 In favor of the growth of EUR/USD quotations, a test of the support line will be made on the indicator of relative strength index (RSI). The cancellation of the growth of the Euro/Dollar quotations will be…
Currency pair Pound Dollar GBP/USD continues to move within the limits of growth. At this point, we should expect a test of resistance level near the area of 1.4290, where again we should expect a rebound and the continuation of the fall of the Pound against the US Dollar. The target of reducing the GBP/USD pair is the area below the level of 1.3945. GBP/USD forecast & technical analysis April 10, 2018 In favor of the fall of the pair on Forex will test the trend line on the indicator of relative strength, as well as the formation of the…
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 0.7760 and the continuation of falling quotations in the area below the level of 0.7600. AUD/USD forecast & technical analysis April 10, 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). The cancellation of the variant of the Australian Dollar price fall will be a strong growth and breakdown at the level of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction. At the moment, we should expect a test of the resistance area near the level of 107.20 and continuation of the fall of the pair in the area below the level of 105.00, as part of the development of the bearish model «Wolfe Wave». USD/JPY forecast & technical analysis April 10, 2018 In favor of the fall of the pair USD/JPY will test the resistance line on the indicator of relative strength. The cancellation of the fall variant of the Dollar/Yen pair will…
Quotes of BRENT crude oil continue to move within the bullish channel. At this point, we should expect a test of the support level near the area of 67.10 dollars per barrel. Further, the continued growth of oil in the area above the level of 72.00. BRENT forecast & technical analysis April 10, 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). Abolition of the variant of oil price growth will be a drop and a breakdown of 66.00 dollars per barrel, which…
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 bottom of the channel near the level of 1.2810 and continue falling of the pair in the area below the level of 1.2580. USD/CAD forecast & technical analysis April 10, 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 1.2910, which will…
Quotes of GOLD continue 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 1325. 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 10, 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). Cancellation of the variant of the GOLD price increase will be the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At this point, we should expect an attempt to test the upper limit of the bearish channel near the level of 0.7310 and continue falling to the area below the level of 0.7140. NZD/USD forecast & technical analysis April 10, 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 quotation will result in a strong growth and breakdown at the level of 0.7355,…
Currency pair Dollar Franc USD/CHF continues to move within the limits of the decline. At this point, we should expect an attempt to test the lower border of the channel near the level of 0.9580 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9505. USD/CHF forecast & technical analysis April 10, 2018 In favor of the fall of the pair Dollar/Franc will perform a trend line test on the indicator of relative strength index (RSI). The cancellation of the USD/CHF decline for Forex will result in a strong growth and…