Bitcoin BTC/USD is trading at 8926. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near the area of 8550 is expected, from which we should expect a rebound and an attempt to continue growth with the target at the level of 9700. Bitcoin forecast & analysis BTC/USD April 24, 2018 In support of the growth of the cryptocurrency quotations, a support level test will perform, as well as a test of the lower boundary of the channel. Earlier,…
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 is traded at the level of 645. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. A test of the Ichimoku Kinko Hyo signal line area near the area 590 is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 720 level. Ethereum forecast & analysis ETH/USD April 24, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the lower border of the channel, and…
Litecoin LTC/USD is trading at level 152. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near level 150 is expected, from which we should expect a rebound and an attempt to continue the growth of LTC/USD with a target above the level of 170. Litecoin forecast & analysis LTC/USD April 24, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the lower bound of the «Triangle» model, as well as the…
Ripple XRP/USD is trading at 0.87. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The Ichimoku Kinko Hyo signal line area test is expected near the level of 0.85, from which we should expect a rebound and an attempt to continue the growth of the crypto currency with the target close to 1.05. Ripple forecast & analysis XRP/USD April 24, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the channel. Previously,…
The currency pair Euro Dollar EUR/USD continues to move within the framework of the formation of the «Triangle» model. At this point, we should expect a test of the support level near the area of 1.2300, where again we should expect a rebound and continue the growth of the Euro/Dollar with a target above 1.2400. EUR/USD forecast & technical analysis April 24, 2018 In favor of EUR/USD quotes growth, the trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the variant of Euro/Dollar price growth will be a breakdown at the level…
Currency pair Pound Dollar GBP/USD continues to move in the fall and working off of the bearish model «Wolfe Wave». At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.4170, where again we should expect a rebound and the continuation of the fall of the Pound against the US Dollar. The target of the fall of the GBP/USD pair and the development of «Wolfe Wave» model is below 1.3900. GBP/USD forecast & technical analysis April 24, 2018 In favor of the growth of the pair on Forex will perform a…
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 0.7690 and the continuation of falling quotations in the area below the level of 0.7560. AUD/USD forecast & technical analysis April 24, 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…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At this point, we should expect an attempt to test the support area near the level of 107.70 and continue the growth of the pair in the area above the level of 109.50. USD/JPY forecast & technical analysis April 24, 2018 In favor of the growth of the pair USD/JPY, a support line test will be performed on the relative strength index (RSI). The cancellation of the growth variant of the Dollar/Yen pair will result in a drop and a breakdown…
Quotes of BRENT continue to move in line with growth. At this point, we should expect an attempt to test the level of support near the area of 72.00 dollars per barrel. Further, the continued growth of oil in the area above the level of 75.50. BRENT forecast & technical analysis April 24, 2018 In favor of the growth of quotations and prices for oil BRENT will perform a test of the support line on the indicator of relative strength index (RSI). The abolition of the variant of oil price growth will be a drop and a breakdown of the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of a bullish correction. At the moment, we should expect an attempt to test the resistance level near the area of 1.2850 and continue falling of the pair into the area below the level of 1.2500. USD/CAD forecast & technical analysis April 24, 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), as well as the formation of the bearish model «5-0». Canceling the USD/CAD fall on the Forex market…