Litecoin LTC/USD is trading at 57.91 and continues to move in line with the decline. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a downward trend. As part of the Litecoin forecast & analysis LTC/USD October 6, 2018, a test of the Ichimoku Kinko Hyo signal line is expected near the 59.00 level, from which one can expect a rebound and an attempt to continue the fall of LTC/USD with a target below the 52.00 level. Litecoin forecast & analysis LTC/USD October 6, 2018 An additional signal in favor of…
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 is trading at 223 and continues to move as part of the correction and the formation of the «Head and Shoulders» model. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. As part of the Ethereum forecast & analysis ETH/USD October 6, 2018, a test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 225, from which one should expect a rebound and an attempt to continue the fall of ETH/USD with a target below the level…
Bitcoin BTC/USD is traded at 6579 and continues to move within the «Triangle» model. The cryptocurrency is trading inside the Ichimoku Kinko Hyo Cloud, which indicates the presence of a side trend. As part of the Bitcoin forecast & analysis BTC/USD October 6, 2018, a test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 6550, where a rebound is expected and an attempt to continue to grow Bitcoin cryptocurrency with a potential goal of 6900. Bitcoin forecast & analysis BTC/USD October 6, 2018 A test of the support area, as well as…
Currency pair Euro Dollar EUR/USD ends the trading week near the 1.1502 area and continues to move in line with the decline. At the moment, we should expect an attempt to test the support area near the level of 1.1330. Where is the rebound expected from and further growth of the euro/dollar with a potential target above the level of 1.1650. EUR/USD weekly forecast & analysis October 8 — 12, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the EUR/USD currency pair growth at Forex. Cancellation of the growth of…
Quotes of BRENT complete the trading week near the region of 84.60 dollars per barrel and continues to move as part of growth. As part of the publication of the BRENT crude oil forecast & analysis October 8 — 12, 2018, we should expect an attempt to test the resistance area near the level of 87.00 and the beginning of the decline in oil to the area below the level of 77.00 dollars per barrel. BRENT crude oil forecast & analysis October 8 — 12, 2018 An additional signal in favor of the fall in oil prices this week will…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3040 area. The pair continues to move in the downward trend. At present we can expect an attempt to grow and test the resistance area near the level of 1.3200. Further, the continuation of the decline in quotations of the Pound/Dollar to the area below the level of 1.2550. GBP/USD weekly forecast & analysis October 8 — 12, 2018 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index (RSI), as well as the formation of the «Head…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 66.72 Russian Rubles for the US Dollar and continues to move within the ascending channel. As part of the technical analysis of USD/RUB in the current trading week of October 8 — 12, 2018, we should expect a test of the support area near the level of 65.50, from which we can expect a rebound and continued growth of the pair above the level of 71.50. USD/RUB weekly forecast & analysis October 8 — 12, 2018 In favor of the growth of the dollar…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7073. The pair continues to move in decline. At the moment, we should expect an attempt to test the upper limit of the bearish channel near the level of 0.7270 and continue the decline of AUD/USD with the target below 0.6840. AUD/USD weekly forecast & analysis October 8 — 12, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the pair falling on Forex. Cancellation of the option to reduce AUD/USD in the current trading…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.2920. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support level near the 1.2790 area and continue the growth of quotations with a target above the level of 1.3500. USD/CAD weekly forecast & analysis October 8 — 12, 2018 A test of the rising trend line on the relative strength index (RSI), as well as a rebound from the lower boundary of the bullish channel, will be in favor of the growth…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 113.89. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support level near the 112.00 area and continue the pair’s growth to the area above the 115.95 level. USD/JPY weekly forecast & analysis October 8 — 12, 2018 In favor of the growth of a pair of Dollar/Yen will test the rising trend line on the indicator of relative strength index (RSI), as well as a rebound from the lower boundary…