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…
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.
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…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of strong growth. At this point, we should expect an attempt to test the upper border of the channel near the level of 59.05 and continue the growth of the pair in the area above the level of 62.30. USD/RUB forecast & technical analysis April 10, 2018 In favor of the growth of the pair USD/RUB will perform a test of the broken trend line on the indicator of relative strength index (RSI). Canceling the growth of the pair USD/RUB on Forex will be a drop and…
Bitcoin BTC/USD is traded at the level of 6724. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates 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 10, 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…
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 10, 2018 An additional signal in favor of the fall is the test of the upper bound of the «Bearish Triangle» model. The target of the model’s development is the area at level 220. Earlier,…
Ethereum Classic ETC/USD is trading at the level of 13.36. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to test the lower boundary near the area at 14.00, whence we should expect a rebound attempt and continue falling with the target near the level of 11.50. Ethereum Classic forecast & analysis April 10, 2018 An additional signal in favor of the fall is the upper bound of the «Triangle» model. Earlier, a weak signal was received for buy of the…