Ripple XRP/USD is trading at the level of 0.2608. The cryptocurrency is traded above the Ichimoku Kinko Hyo Cloud boundary, which indicates the existence of a bullish trend over Ripple. The Ichimoku Kinko Hyo border test is expected near the level of 0.2550, from which one should expect an attempt to grow and develop the bullish trend along Ripple with a potential target at 0.3095. Ripple forecast XRP/USD on June 20, 2017 Earlier, we received a weak signal for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.25. Cancellation of the variant of…
Author: forex24pro
Cryptocurrency Litecoin LTC/USD is trading at 46.47. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the existence of a bullish trend for Litecoin. Ichimoku Kinko Hyo signal line area test is near level 42, from which it is expected to try to grow and develop a bullish Litecoin trend with a potential growth target near level 55. Litecoin forecast LTC/USD on June 20, 2017 Earlier, a weak signal was obtained for buying of Litecoin cryptocurrency, due to crossing of signal lines at level 27. Canceling the variant of LTC/USD cryptocurrency growth will be…
Cryptocurrency Zcash ZEC/USD is trading at the level of 376.60. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the existence of a bullish trend for Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 348, from which one should expect an attempt to grow and develop a bullish trend for Zcash with a potential growth target near the level of 457. Zcash forecast ZEC/USD on June 20, 2017 Previously, a strong signal was obtained for buying of Zcash cryptocurrency, by crossing signal lines at level 355. The cancellation of…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade as part of the formation of the «Head and Shoulders» reversal pattern. It is worth to expect an attempt to fall and test the area of 0.9660, where we can expect a rebound and the growth of quotations of the Dollar/Franc pair in the area above the level of 0.9950. USD/CHF technical analysis & signals on June 20, 2017 In favor of the growth of the pair will perform a tight test of the trend line on the indicator of relative strength index (RSI). The cancellation of the variant…
Currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the formation of the «Head and Shoulders» reversal pattern. It is worth waiting for an attempt to fall into the support area at the level of 0.7120. NZD/USD technical analysis & signals on June 20, 2017 In favor of falling quotes, the New Zealand Dollar pair is a breakdown of the upward trend line on the relative strength indicator. The cancellation of the variant of falling quotes of the pair NZD/USD will be the breakdown of the local maximum area. Among the important news from…
Gold Quotes XAU/USD continue to move within the limits of the decline. At the moment, quotes have broken through the support area. It is worth to wait for the test of the pierced area at the level of 1255 and the continuation of the decline in the drop in quotes and the price of Gold in the area below the level of 1235. XAU/USD technical analysis & signals on June 20, 2017 In favor of the decline is the formation of the «Head and Shoulders» reversal pattern. Canceling the option of lowering the quotations of XAU/USD will be a breakdown…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to trade near the lower boundary of the bullish model 5-0. It is worth to expect an attempt to rebound and the growth of quotations of the pair USD/CAD in the area above the level of 1.3350. USD/CAD technical analysis & signals on June 20, 2017 In favor of growth of quotations of the pair is the formation of the reversal model of the «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the growth of the Canadian Dollar pair quotes will result in the fall…
Quotes of BRENT crude continue to move in a bearish trend. It is worth waiting for an attempt to continue the decline in the area below the level of $ 45 per barrel. In favor of the fall will enter the test of the upper boundary of the descending channel, as well as a test of the resistance line on the indicator of relative strength index. BRENT technical analysis & signals on June 20, 2017 The cancellation of the variant of falling quotations and oil prices will be the breakdown of the area of 48.25, which will indicate the continued…
Currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the development of the upward model of Wolfe wave. The goal of the growth of such a model is the area above the 113.00 level. In favor of the growth of quotations is the breakdown of the resistance area on the indicator of relative strength index (RSI). USD/JPY technical analysis & signals on June 20, 2017 The cancellation of the variant of growth may be the breakdown of the area of 110.50, which will indicate the continuation of the decline in the area below the level…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move near the area of 0.7590. It is worth waiting for an attempt to drop the quotations in the support area and below the level of 0.7250. In favor of falling quotations AUD/USD enters the formation of the reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). AUD/USD technical analysis & signals on June 20, 2017 The abolition of the fall option will be the breakdown of the local maximum region, which will indicate the continued growth of the pair. Expect to accelerate the decline in…