Bitcoin BTC/USD is trading at 5252. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 5475, from which it is expected to attempt a rebound and continue falling with a target below the level of 5100. An additional signal in favor of the drop of the cryptocurrency will be a test of the lower resistance level. Earlier, a weak signal was received for the sell of Bitcoin cryptocurrency due to the crossing of signal lines at 5600. Bitcoin prediction…
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.
The currency pair Euro Dollar EUR/USD continues to move within the framework of a bearish correction. At the moment, we should expect a test of the broken channel’s upward channel and continuation of the fall of the pair below the level of 1.1650, within the framework of the beginning of the development of the «Head and Shoulders» reversal model. EUR/USD prediction & technical analysis on October 19, 2017 In favor of falling quotes EUR/USD is the breakdown of the upward trend line on the indicator of relative strength index (RSI). Cancellation of the variant of the fall of quotations of…
Currency pair Pound Dollar GBP/USD demonstrates declines and is currently testing the area of 1.3167. It is expected to rebound and the pair Pound Dollar rise above 1.3310 as part of the completion of the head and shoulders reversal pattern. In the vicinity of 1.3310, we should again expect a further decline with a potential target at 1.2890. GBP/USD prediction & technical analysis on October 19, 2017 In favor of reducing the pair on Forex is the breakdown of the trend line on the indicator of relative strength index (RSI). The reversal of the fall of the pair will be…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the moment the pair is testing the area of 0.7821, we should expect a rebound attempt and growth above the level of 0.7910 as part of the formation of the bearish wave model of Wolfe. AUD/USD prediction & technical analysis on October 19, 2017 Again, from the level of 0.7910, we should expect a further fall. In favor of reducing the pair, a resistance area test will be performed on the relative strength indicator (RSI). The cancellation of the drop in the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY are traded within the framework of the bullish model «5-0». At this point, we should expect an attempt to rebound and fall into the region of the lower boundary of the channel near the area of 111.15. USD/JPY prediction & technical analysis on October 19, 2017 In favor of the fall of the pair is a test of the resistance level on the indicator of relative strength index (RSI). Whence again it is necessary to expect the continuation of growth in the region above 114.00. The cancellation of the…
Quotes of BRENT crude oil continue to trade as part of the growth. At the moment, you should expect a test level of 58 and continue falling into the area below the level of $ 55 per barrel. In favor of falling quotes and oil prices BRENT will test the resistance area on the indicator of relative strength index (RSI). Brent prediction & technical analysis on October 19, 2017 Expect to accelerate the fall of quotations is with a breakdown of $ 54 per barrel, which indicates the completion of the formation of the reversal model «Double Top». The abolition…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of an bullish correction. At this point, we should expect an attempt to rebound and continue the fall of the pair with a target at 1.2420, as part of the completion of the formation of the reversal model «Double Top». USD/CAD prediction & technical analysis on October 19, 2017 In favor of lowering the quotes of the Canadian Dollar, a resistance line test will be performed on the indicator of relative strength. Cancellation of the USD/CAD decline on Forex will be strong growth and breakdown of…
Quotes of Gold XAU/USD continue to move within the limits of the decline. At this point, we should expect an attempt to test the level of 1280 as part of the completion of the «Head and Shoulders» reversal pattern. Where again we should expect a rebound and a rise in gold prices above the level of 1335. XAU/USD prediction & technical analysis on October 19, 2017 In favor of the growth of XAU/USD quotes, the support line test is on the indicator of relative strength index (RSI). The cancellation of the variant of the growth of the price for GOLD…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the descending channel. At the moment, we should expect a test of the level of 0.7235 and continuation of the fall in the area below the level of 0.7040. NZD/USD prediction & technical analysis on October 19, 2017 In favor of reducing the pair at Forex, a resistance area test will be performed on the indicator of relative strength (RSI). Canceling the option to reduce the quotes of the New Zealand Dollar to Forex will be a breakdown of the area of 0.7260, indicating…
Currency pair Dollar Franc USD/CHF continues to move within the framework of growth. At the moment, we should expect a test of the level of 0.9870 and an attempt to drop the quotations in the area below the level of 0.9620. In favor of reducing the Dollar/Franc pair is the resistance line test on the relative strength indicator (RSI). USD/CHF prediction & technical analysis on October 19, 2017 Canceling the fall of the USD/CHF pair on Forex will be a strong growth and breakout of the area of 0.9920, which will indicate a breakdown of the resistance level and the…