Bitcoin BTC/USD are traded at 8475 and continue to move in a bearish trend. At this point, we should expect a test of the resistance area near the 8600 level. Again, we should expect a rebound and an attempt to continue the Bitcoin drop below 7200 level. Bitcoin (BTC/USD) technical analysis on March 21, 2018 In favor of falling quotes BTC/USD will test the trend line on the indicator of relative strength. Abolishing the growth of Bitcoin decline will be a strong growth and breakdown of the 8900 area, which will indicate the breakdown of the upper boundary of 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 536 and continue to move within a bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 550. Again, we should expect a rebound and the continued decline in the Ethereum rate with a target below the level of 340. Ethereum (ETH/USD) technical analysis on March 21, 2018 In favor of falling quotations ETH/USD will test the resistance line on the indicator of relative strength index (RSI), as well as test the upper boundary of the bearish channel. The cancellation of the fall option will be…
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 (XRP/USD) technical analysis on March 21, 2018 In favor of falling quotes XRP/USD is the formation of the reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). Cancellation of the fall variant will be a breakdown of the resistance level and a close above 0.75, which will indicate the breakdown of the…
Litecoin LTC/USD are traded at 158 and continue to move in a bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 165. Where again we should expect a rebound and the continued decline in the Litecoin exchange rate with a target below level 130. Litecoin (LTC/USD) technical analysis on March 21, 2018 In favor of falling quotes LTC/USD will test the trend line on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the 175 area, which will…
Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7715. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the pair Australian Dollar/US Dollar. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.7745 is expected, from which one should expect a rebound attempt and further development of a bearish trend with a target to falling near the level of 0.7620. Australian Dollar forecast AUD/USD on March 21, 2018 An additional signal in favor of the growth of the pair will be a test…
Currency pair Pound Dollar GBP/USD is trading at 1.4026. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the Pound/Dollar pair. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.3980 is expected, from which it is expected to attempt a rebound and continue the growth of the pair with the target near the level of 1.4175. Pound Dollar forecast GBP/USD on March 21, 2018 An additional signal in favor of the growth of the pair will test the level of support. Earlier, a medium…
Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7246. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the New Zealand Dollar/US Dollar pair. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.7270 level, from which it is expected to attempt a rebound and further fall with a target near the level of 0.7140. New Zealand Dollar forecast NZD/USD on March 21, 2018 An additional signal in favor of the fall of the pair is the resistance level test. Earlier, a weak…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9506. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Dollar/Franc pair. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.9480, from which it is expected to attempt a rebound and continue the growth of the pair with the target near the level of 0.9630. Dollar Franc forecast USD/CHF on March 21, 2018 An additional signal in favor of the growth of the pair will test the support area. Earlier, a…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.3062. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the pair US Dollar/Canadian Dollar. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.2980 is expected, from which it is expected to attempt a rebound and continue growth with a target at 1.3225. Canadian Dollar forecast USD/CAD on March 21, 2018 An additional signal in favor of the growth of the pair will test the support area. Earlier, a medium strength signal was received…
Currency pair EUR/USD Euro to US Dollar is trading at 1.2336. The pair continues to trade within the Cloud of Ichimoku Kinko Hyo, which indicates the presence of a flat trend for the pair Euro/Dollar. Ichimoku Kinko Hyo Cloud is expected to test near the level of 1.2310, from which it is expected to attempt a rebound and continue growth with the target near the level of 1.2500. Euro Dollar forecast EUR/USD on March 21, 2018 An additional signal in favor of the growth of the pair will test the support area. Earlier, a medium strength signal was received for…