Ripple XRP/USD traded at 0.65 and continue to move in a bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.70 and continue the fall of the cryptocurrency in the area below 0.50. Ripple forecast & technical analysis on March 18, 2018 In favor of falling quotations XRP/USD will test the resistance line on the indicator of relative strength, as well as test the upper boundary of the descending channel. Cancellation of the variant of the fall will be a breakdown at the level of 0.75, which will indicate the…
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 599 and continue to move within the bearish trend. At this point, we should expect a test of the resistance level near the area of 630. Again, we should expect a rebound and the continued decline in the Ethereum rate with a target below the level of 500. Ethereum forecast & technical analysis on March 18, 2018 In favor of falling quotations ETH/USD will test the resistance line on the indicator of relative strength index (RSI). The reversal of the fall option will be a strong growth and breakdown at level 660,…
Bitcoin BTC/USD are traded at 8164 and continue to move in a bearish trend. At this point, we should expect a test of the resistance area near the level of 8300. Where again we should expect a rebound and an attempt to continue the fall of Bitcoin with a target below the level of 7000. Bitcoin forecast & technical analysis on March 18, 2018 In favor of falling quotations of BTC/USD, a trend line test will be performed on the indicator of relative strength, as well as the formation of the «Head and Shoulders» reversal model. The abolition of the…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.2327 and continues to move within the bullish channel. At the moment, we should expect an attempt to test the support area near the level of 1.2150 and continue growth in the area above 1.2950. EUR/USD weekly forecast on March 19 — 23, 2018 In favor of EUR/USD growth, the line test will be supported on the relative strength index (RSI), as well as the test of the lower border of the channel. The cancellation of the growth of the pair’s quotations in the current trading week…
Quotes of BRENT crude oil close the trading week near the area of 65.23 dollars per barrel. It is worth waiting for an attempt to test the resistance area near the level of 66.50 and the continuation of the fall of oil in the area below $ 57.50 per barrel. BRENT crude oil forecast on March 19 — 23, 2018 An additional signal in favor of falling oil quotes will be a test of the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of falling quotes and prices for BRENT oil in the…
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3969. The pair continues to move within the bullish channel. At this point, we should expect an attempt to test the support area near the level of 1.3750 and continue the growth of quotations to the area above the level of 1.4550. GBP/USD weekly forecast on March 19 — 23, 2018 In favor of the growth of the British Pound, a trend line test will be performed on the relative strength index (RSI), as well as a test of the lower boundary of the bullish channel. The…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 57.50 Rubles per US Dollar. The pair continues to move within the bearish channel. At the moment, we should expect a test of the resistance level near the area of 58.50 and the continuation of the fall of the pair below the level of 55.20. USD/RUB weekly forecast on March 19 — 23, 2018 In favor of the fall of the Dollar Ruble pair is the resistance line test on the relative strength index (RSI). The abolition of the option of continuing the fall…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7792. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support level near the area of 0.7750 and continue the growth with a target above the level of 0.8170. AUD/USD weekly forecast on March 19 — 23, 2018 In favor of the growth of the pair, an uptrend line test will be performed on the indicator of relative strength index (RSI). Cancellation of the AUD/USD growth option will be a drop and breakdown at…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3066. At the moment, we should expect an attempt of a resistance level near the 1.3150 area and the continuation of the fall of quotations with a target below the level of 1.2450, as part of the start-up of the bearish model of the «Wolfe Wave». USD/CAD weekly forecast on March 19 — 23, 2018 In favor of the fall of the pair, a down trend line test will perform on the relative strength index (RSI). The abolition of the continuation of the USD/CAD…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 105.69. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the 107.10 area and continue the fall of the pair into the region below the level of 102.50. USD/JPY weekly forecast on March 19 — 23, 2018 In favor of the fall of the pair, the Dollar/Yen will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the USD/JPY fall in the current trading week will be…