Bitcoin BTC/USD are traded at 8376 and continue to move within the correction. At this point, we should expect an attempt to test the support area near the 8200 level. Again, we should expect a rebound and an attempt to continue Bitcoin growth with a target above 10500 as part of the development of the bullish pattern «Wolfe Wave». Bitcoin (BTC/USD) technical analysis on March 24, 2018 In favor of the growth of quotations BTC/USD will test the trend line on the indicator of relative strength index (RSI). The abolition of Bitcoin growth growth will be the fall 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 the level of 509 and continue to move within a bearish trend. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the area of 525. Where again we should expect a rebound and the continued fall of the Ethereum rate with a target below level 460. Ethereum (ETH/USD) technical analysis on March 24, 2018 In favor of falling quotations ETH/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall option will be a strong growth and breakdown…
Ripple XRP/USD traded at 0.59 and continue to move in the bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.63 and continue the fall of the crypto currency in the area below 0.50. Ripple (XRP/USD) technical analysis on March 24, 2018 In favor of falling quotations XRP/USD will perform a bearish trend line test on the indicator of relative strength index (RSI). Cancellation of the fall option will be a breakdown of the resistance level and a close above 0.65, which indicates a breakdown of the upper border of…
Litecoin LTC/USD are traded at 157 and continue to move within the correction. At this point, we should expect a test of the support level test near the area of 150. Again, we should expect a rebound and the continued growth of the Litecoin exchange rate with a target above the level of 200 within the bull model «Wolfe Wave». Litecoin (LTC/USD) technical analysis on March 24, 2018 In favor of LTC/USD quotes growth, the trend line test will be performed on the relative strength index (RSI). The abolition of the growth option will be the fall and breakdown of…
The currency pair Euro Dollar EUR/USD continues to move within the bearish channel. At the moment, we should expect a test of the support level near the area of 1.2250, where again we should expect a rebound and continue the growth of the euro/dollar with a target above 1.2370. EUR/USD forecast & technical analysis March 23, 2018 In favor of the EUR/USD quotes growth, the support area test will be performed on the relative strength index (RSI). Cancellation of the variant of the Euro/Dollar quotations growth will be a breakdown at the level of 1.2180, which will indicate the breakdown…
Currency pair Pound Dollar GBP/USD continues to move within the framework of strong growth. At this point, we should expect an attempt to test the support level near the area of 1.4050, where again we should expect a rebound and continued growth of the Pound against the US Dollar. The growth target for the GBP/USD pair is the area above the level of 1.4250. GBP/USD forecast & technical analysis March 23, 2018 In favor of the growth of the pair on Forex will test the trend line on the indicator of relative strength. Cancellation of the growth variant of Pound/Dollar…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction. At the moment, we should expect a test of the resistance area near the level of 0.7755 and the continuation of falling quotations in the area below the level of 0.7610. AUD/USD forecast & technical analysis March 23, 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), as well as the formation of the «Head and Shoulders» model. The cancellation of the drop in the Australian Dollar quotations will result…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of the formation of the «Triangle» reversal pattern. At this point, we should expect an attempt to test the resistance level near the area of 106.00 and continue falling of the pair in the area below the level of 103.20. USD/JPY forecast & technical analysis March 23, 2018 In favor of the fall of the pair USD/JPY, the trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the Dollar/Yen decline option will result in a…
Quotes of BRENT crude oil continue to move within the framework of strong growth. At the moment, we should expect a test of the support level near the area of 67.50. Then continue the growth in the area above the level of 71.50. BRENT forecast & technical analysis March 23, 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 the level of 66.40 dollars per barrel, which…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the fall. At the moment, we should expect an attempt to test the lower border of the channel near the level of 1.3000 and continue the fall of the pair in the area below the level of 1.2600 as part of the start of the development of the «Head and Shoulders» reversal model. USD/CAD forecast & technical analysis March 23, 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). The cancellation of…