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 1.2750 and continue the growth of the pair in the area above the level of 1.3230. USD/CAD forecast & technical analysis April 6, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a trend line test on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth scenario on Forex will be the fall and breakdown of the area of…
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 GOLD continue to move within the correction. At this point, we should expect an attempt to test the lower boundary of the bullish channel near the area of 1320. 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 6, 2018 In favor of growth of quotations XAU/USD will perform a test of the support line on the indicator of relative strength index (RSI), as well as the formation of the bullish «Wolfe Wave» model. Canceling the variant of…
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 downlink near the level of 0.7290 and continue falling to the area below the level of 0.7040. NZD/USD forecast & technical analysis April 6, 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 0.7345, which…
Currency pair Dollar Franc USD/CHF continues to move within the bullish channel. At the moment, we should expect an attempt to test the upper border of the channel near the level of 0.9650 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 6, 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 breakdown of…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the formation of the «Triangle» model. At this point, we should expect an attempt to test the support area near the level of 57.40 and continue the growth of the pair in the area above the level of 58.90. USD/RUB forecast & technical analysis April 6, 2018 In favor of the growth of the pair USD/RUB will test the bullish 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 breakdown of…
Bitcoin BTC/USD is trading at 6764. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud test is expected near the area of 7000, from which it is expected to rebound and attempt to continue falling with a target at 5700 level. Bitcoin forecast & analysis BTC/USD April 6, 2018 In favor of falling quotations of cryptocurrency, a resistance level test will perform. Earlier, a strong signal was received for sell of Bitcoin cryptocurrency, due to the crossing of signal lines at 6850 level. Canceling the…
Dash DSH/USD is trading at the level of 300. The cryptocurrency is trading below the lower Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. The Ichimoku Kinko Hyo lower bound is expected near the level of 315, from which it is expected to rebound and attempt to continue falling Dash with a target at level 230. Dash forecast & analysis DSH/USD April 6, 2018 An additional signal in favor of the fall will be a resistance level test, as well as the formation of the «Head and Shoulders» model. Earlier, we received a weak…
Ethereum Classic ETC/USD is trading at the level of 13.26. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. The test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the area of 14.00, from which it is expected to attempt a rebound and continue falling with the target near the level of 11.00. Ethereum Classic forecast & analysis April 6, 2018 An additional signal in favor of the fall is the upper bound of the «Triangle» model. Earlier, a strong signal was…
Ethereum ETH/USD is traded at the level of 378. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud cloud test is expected near the area of 385, from which one should expect a rebound and an attempt to continue the fall of the crypto currency with a target at level 300. Ethereum forecast & analysis ETH/USD April 6, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, a strong signal was…
Litecoin LTC/USD is trading at level 118. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the level 120, from which it is expected to rebound and try to continue falling LTC/USD with a target below level 90. Litecoin forecast & analysis LTC/USD April 6, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, a weak signal was received for buy of Litecoin cryptocurrency, due to the crossing…