Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.03. The pair continues to move within the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support level near 107.45. Then rebound and continued growth of the pair to the area above the level of 113.35. USD/JPY Forecast and Analysis July 8 — 12, 2019 In favor of the rise of a pair of Dollar/Yen will test the rising trend line on the indicator of relative…
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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.
GOLD completes the trading week near the 1413 area. The XAU/USD quotes continue to move as part of growth. Moving averages indicate a bullish trend. Moreover, the quotes went far up from the moving averages area, which indicates strong purchases and pressure from buyers. However, there are risks of decline in the area of slipping. At the moment, we should expect an attempt to fall and a test of the support level near the 1355 area. Further, the Gold price will continue to rise with a potential target above the level of 1495. GOLD Price Forecast and Analysis July 8…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6659 area. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6775. Then, the currency pair will continue to fall with a potential target below the level of 0.6255. NZD/USD Forecast and Analysis July 8 — 12, 2019 In favor of the fall of the currency pair NZD/USD test will perform a downward resistance line on the indicator of relative strength. The second signal…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9875. The pair continues to move within the correction and the ascending channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9735. Further, the rebound and attempt to grow a pair with a potential target above the level of 1.0095. USD/CHF Forecast and Analysis July 8 — 12, 2019 The test of the support line on the relative strength indicator will be in favor of the rise of the dollar franc…
Bitcoin BTC/USD ends the trading week at 11298 and continues to move as part of the correction and the upward channel. Moving averages indicate a bullish trend. An important area of support is located near the level of 9450. At the moment, we should expect an attempt of correction and a test of the area of support near the level of 9755. Where once again should we expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 14950. Bitcoin Forecast and Analysis July 8 — 12, 2019 In…
Ethereum ETH/USD ends the trading week at 292.47 and continues to move through the growth and upward channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to fall and maintain the test level near the area of 245.00. Where can we expect a rebound again and the continuation of the growth rate of Ethereum with a potential target above the level of 580.00. Ethereum Forecast and Analysis July 8 — 12, 2019 A test of the upward support line on the relative strength indicator will be in favor of lifting the ETH/USD quotes on…
Ripple XRP/USD close the trading week at 0.3800 and continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate an uptrend. At the moment, we should expect an attempt to fall and a test of the support level near the 0.3705 area. Where can we again expect a rebound and continued growth of cryptocurrency in the region above the level of 0.7205. Ripple Forecast and Analysis July 8 — 12, 2019 In favor of the rise of XRP/USD quotes in the current trading week July 8 — 12, 2019, a test of…
Litecoin LTC/USD ends the trading week at 119.34 and continues to move within the correction and the ascending channel. Moving averages indicate a bullish trend. At the moment, we can expect an attempt to continue the decline and test the support area near the level of 115.05. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a potential target above the level of 185.00. Litecoin Forecast and Analysis July 8 — 12, 2019 An additional signal in favor of the growth of LTC/USD quotes in the current trading week July 8 — 12,…
Bitcoin Cash ends the trading week at 405.88 and continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. As part of the BCH/USD exchange rate forecast for the next trading week, we can expect an attempt at a correction and a test of the support area near the level of 365.00. From where again, a rebound is expected and an attempt to continue the growth of Bitcoin Cash with a potential target above the level of 635.00. Bitcoin Cash Forecast and Analysis July 8 — 12, 2019 An additional signal in favor of…
Currency pair Euro/Dollar EUR/USD continues to move as part of a decline and a bearish channel. Moving averages indicate a short-term bearish trend for the pair. At the time of the publication of the forecast, the Euro rate to the US Dollar is 1.1287. At the moment, we should expect an attempt to continue growth and test the upper boundary of the ascending channel near the area of 1.1345. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential target of such a movement and the development of the «Wolfe Wave» model is the…