Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the limits of the decline. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.2974. At this point, we should expect an attempt to test the resistance level near the area of 1.2990 and continue the fall of the currency pair with a potential target below the level of 1.2835. USD/CAD forecast & technical analysis August 31, 2018 In favor of lowering the quotes of the Canadian Dollar, a trend line test will be performed on the relative strength index (RSI),…
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.
Quotes of GOLD continue to move within the bullish channel. At the time of publication of the forecast, the GOLD price is 1200 Dollars for the Troy Ounce. At this point, we should expect an attempt to test the level of support near the area of 1195. Where can we expect a rebound and the continued growth in the price of GOLD with a target above the level of 1230. XAU/USD forecast GOLD & analysis August 31, 2018 In favor of the growth of XAU/USD quotations, an uptrend test on the relative strength index (RSI) will perform, as well as…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At the time of publication of the forecast, the rate of the New Zealand Dollar against the US Dollar is 0.6655. At this point, we should expect an attempt to test the resistance level near the area of 0.6705 and continue falling to the area below the level of 0.6520. NZD/USD forecast & technical analysis August 31, 2018 In favor of reducing the pair NZD/USD will break the support line on the indicator of relative strength index (RSI), as well as the…
Currency pair Dollar Franc USD/CHF continues to move within the bearish channel. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9707. At this point, we should expect an attempt to test the resistance area near the level of 0.9745 and the continuation of the fall of the US dollar against the Swiss Franc with a target below 0.9615. USD/CHF forecast & technical analysis August 31, 2018 In favor of reducing the pair, Dollar/Franc will perform a bearish trend test on the indicator of relative strength index (RSI). The cancellation of the…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the formation of the «Triangle» model. At the time of publication of the forecast, the US dollar to the Russian Ruble rate is 68.08. At the moment, we should expect an attempt to test the lower limit of the «Triangle» model near the area of 67.35 Rubles for the US Dollar and continue the pair’s growth in the area above the level of 70.45. USD/RUB forecast & technical analysis August 31, 2018 In favor of the growth of the pair USD/RUB, an uptrend line test will…
Bitcoin BTC/USD are traded at 6854 and continue to move within the bullish channel. The capitalization of the cryptocurrency at the time of publication of the forecast is $118 839 879 051. At this point, we should expect a test of the support level near the area of 6650. Again, we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above the level of 7750. Bitcoin (BTC/USD) technical analysis August 31, 2018 In favor of the growth of quotations BTC/USD will perform a test of the support line on the…
Ethereum ETH/USD are traded at the level of 277 and continue to move in the formation of the model «Triangle». Capitalization of the cryptocurrency at the time of publication of the forecast is $28 449 180 616. At this point, you should expect a test of the resistance level near the area of 285. Where again we should expect a rebound and the continued fall of the Ethereum rate with a target below 205. Ethereum (ETH/USD) technical analysis August 31, 2018 In favor of declining quotations ETH/USD will test the trend line on the indicator of relative strength index (RSI).…
Litecoin LTC/USD traded at 58.97 and continue to move within the rising channel. Capitalization of the cryptocurrency at the time of publication of the forecast is $3 464 961 697. At this point, we should expect a test of the support level test near the area of 58.00. Where again we should expect a rebound and the continued growth of the Litecoin exchange rate with a target above the level of 66.50. Litecoin (LTC/USD) technical analysis August 31, 2018 In favor of the growth of LTC/USD quotes, a test of the broken trend line will appear on the indicator of…
Ripple XRP/USD traded at 0.3180 and continue to move in the formation of the model «Triangle». Capitalization of the cryptocurrency at the time of publication of the forecast is $13 083 854 650. At this time, we should expect an attempt to test the upper limit of the «Triangle» model near the level of 0.3390 and continue the fall of the cryptocurrency into the area below the level of 0.2370. Ripple (XRP/USD) technical analysis August 31, 2018 In favor of lowering the quotes XRP/USD will test the trend line on the indicator of relative strength index (RSI). Cancellation of the…
Stock index Dow Jones continue to move within the framework of the bullish channel. At the time of publication of the forecast, the index is trading at 26041. At this point, we should expect an attempt to test the lower border of the channel near the area of 25930. Where can we expect a rebound and the continued growth of quotations Dow Jones in the area above the level of 26490. Dow Jones forecast & technical analysis August 31, 2018 In favor of the growth of quotations of the stock exchange index, a bullish trend test on the index (RSI)…