Litecoin LTC/USD is trading at 56.11 and continues to move within the limits of the decline. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. As part of the digital currency forecast for September 8, 2018, the Ichimoku Kinko Hyo signal line area is expected to test near the level of 58.50, from which one should expect a rebound and an attempt to continue the decline of LTC/USD with a target below 49.00. Litecoin forecast & analysis LTC/USD September 8, 2018 An additional signal in favor of the fall…
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.
Ripple XRP/USD is trading at 0.2915 and continues to move within the bullish correction. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. As part of the Ripple forecast & analysis XRP/USD September 8, 2018, the Ichimoku Kinko Hyo signal line area test is expected near the level of 0.3050, where we expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target near the level of 0.2470. Ripple forecast & analysis XRP/USD September 8, 2018 An additional signal in favor of reducing…
Bitcoin Cash BCH/USD is traded at the level of 504. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. As part of the Bitcoin Cash forecast & analysis BCH/USD September 8, 2018, Ichimoku Kinko Hyo signal line area test is expected near the 520 level, from which it is expected to attempt a rebound and continue falling of the BCH/USD cryptocurrency with a target below 440 level. Bitcoin Cash forecast & analysis BCH/USD September 8, 2018 An additional signal in favor of reducing the cryptocurrency will be a…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1629 and continues to move within the framework of the «Head and Shoulders» reversal pattern. At the moment, we should expect an attempt to develop a correction and test the upper boundary of the bearish channel near the level of 1.1450. Where is the rebound expected and the continued growth of the euro with a potential target above 1.2100 as part of the start of the development of the reversal model. EUR/USD weekly forecast & analysis September 10 — 14, 2018 In favor of the growth of…
Quotes of BRENT close the trading week near the area of 77.12 dollars per barrel. As part of the publication of the forecast Forecast for oil prices BRENT for September 10 — 14, 2018, we should expect an attempt to test the resistance area near the level of 79.50 and the beginning of the fall of oil in the area below the level of 72.50 dollars per barrel. BRENT crude oil forecast & analysis September 10 — 14, 2018 An additional signal in favor of lower oil quotations this week will be a test of the resistance line on the…
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.2921. The pair continues to move in a bearish trend. At this point, we should expect an attempt to develop correction and test of the support area near the level of 1.2800. Further, the continuation of the growth rate of Pound Dollar in the area above the level of 1.3295. GBP/USD weekly forecast & analysis September 10 — 14, 2018 In favor of the growth of the British Pound will perform a test of a broken trend line on the indicator of relative strength index (RSI). The…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 69.45 Rubles for the US Dollar. The pair continues to move within the bullish channel. As part of the technical analysis, on the current trading week, September 10 — 14, 2018, we expect a test of the support area near the level of 68.50 and the continued growth of the pair above the level of 72.90. USD/RUB weekly forecast & analysis September 10 — 14, 2018 In favor of the pair’s growth, the Dollar Ruble will perform an upward trend test on the indicator…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7174. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the area of 0.7260 and continue the fall of AUD/USD with a target below 0.6920. AUD/USD weekly forecast & analysis September 10 — 14, 2018 In favor of the fall of the pair on Forex will test the bearish trend line on the indicator of relative strength index (RSI), as well as the resistance level test on the…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3191. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support level near the area of 1.2975 and continue the growth of quotations with a target above the level of 1.3645. USD/CAD weekly forecast & analysis September 10 — 14, 2018 In favor of the growth of the pair USD/CAD will test the upward trend line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD growth scenario on the…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 111.37. The pair continues to move within the bullish channel. At this point, we should expect an attempt to test the support level near the area of 110.50 and continue the growth of the pair to an area above the level of 116.40. USD/JPY weekly forecast & analysis September 10 — 14, 2018 In favor of the pair’s growth, the Dollar/Yen will test the uptrend line on the relative strength indicator, as well as the lower bound of the «Triangle» model. The…