Bitcoin Cash BCH/USD is trading at 559. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. As part of the digital currency forecast, the Ichimoku Kinko Hyo Cloud upper limit test is expected near the 545 level, from which it is expected to attempt a rebound and continue the growth of the BCH/USD cryptocurrency with a target above the level of 610. Bitcoin Cash forecast & analysis BCH/USD September 2, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the…
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.
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1657 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 descending channel near the level of 1.1450. Where is the rebound expected and the continued growth of the euro with a potential target above the level of 1.2050. EUR/USD weekly forecast & analysis September 3 — 7, 2018 In favor of the growth of the currency pair EUR/USD, a test of the support…
Quotes of BRENT close the trading week near the area of 77.57 dollars per barrel. As part of the publication of the BRENT crude oil forecast & analysis September 3 — 7, 2018, we should expect an attempt to test the resistance area near the level of 78.50 and the beginning of the fall of oil in the area below the level of 69.50 dollars per barrel. BRENT crude oil forecast & analysis September 3 — 7, 2018 An additional signal in favor of lower oil quotations this week will be a test of the resistance line on the indicator…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3002. 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 1.2820. Further, the continuation of the growth of quotations of the Pound/Dollar in the area above the level of 1.3290. GBP/USD weekly forecast & analysis September 3 — 7, 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),…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 67.91 Russian Rubles for the US Dollar. The pair continues to move within the ascending channel. As part of the technical analysis, on the current trading week of September 3 — 7, 2018, it is expected to test the support area near the level of 65.50 and continue the growth of the pair above the level of 72.20. USD/RUB weekly forecast & analysis September 3 — 7, 2018 In favor of the growth of the Dollar/Ruble pair will test the uptrend line on the…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7228. The pair continues to move in a bearish trend. At the moment, we should expect an attempt to test the upper border of the channel near the area of 0.7350 and continue the fall of AUD/USD with a target below 0.6870. AUD/USD weekly forecast & analysis September 3 — 7, 2018 In favor of the fall of the pair on Forex will test the downward trend line on the indicator of relative strength index (RSI). The abolition of the AUD/USD decline option on the…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3006. The pair continues to move within the framework of a bearish correction. At this point, we should expect an attempt to test the support level near the area of 1.2925 and continue the growth of quotations with a target above 1.3545. USD/CAD weekly forecast & analysis September 3 — 7, 2018 In favor of the growth of the pair USD/CAD will test the bullish 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 110.78. 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 in the area above the level of 114.70. USD/JPY weekly forecast & analysis September 3 — 7, 2018 In favor of the pair’s growth, the Dollar/Yen will test the uptrend line on the relative strength index (RSI). The cancellation of the USD/JPY pair growth option on the…
GOLD XAU/USD close the trading week near the area of 1206. Quotes continue to move within the bearish trend. At this point, we should expect a correction attempt and a support level test near the area of 1180. Then the price of GOLD began to grow with a potential target above the level of 1235. GOLD weekly forecast & analysis September 3 — 7, 2018 In favor of the growth of quotations and prices for GOLD on the current trading week of September 3 — 7, 2018, a test of a broken trend line will appear on the indicator of…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6637. The pair continues to move within the bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.6720 and continue the fall of the currency pair below the level of 0.6280. NZD/USD weekly forecast & analysis September 3 — 7, 2018 In favor of reducing the currency pair NZD/USD, a downtrend test on the relative strength index (RSI) will perform. The cancellation of the variant of falling quotes on the current trading…