Bitcoin BTC/USD are traded at the level of 7074 and continue to move within the bullish channel. Capitalization of the cryptocurrency at the time of publication of the forecast is $122 146 682 728. At this point, you should expect a test of the support level near the area of 6900. 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 7450. Bitcoin (BTC/USD) technical analysis August 30, 2018 In favor of the growth of quotations BTC/USD will perform a test of the support line…
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 are traded at 293 and continue to move within the framework of the formation of the «Triangle» model. Capitalization of the cryptocurrency at the time of publication of the forecast is $29 727 556 146. At this point, you should expect a test of the support level near the area of 280. Again, we expect a rebound and the continued growth of the Ethereum rate with a target above the level of 315. Ethereum (ETH/USD) technical analysis August 30, 2018 In favor of the growth of quotations ETH/USD will test a broken trend line on the indicator of…
Litecoin LTC/USD are traded at 62.34 and continue to move within the bearish channel. The capitalization of the cryptocurrency at the time of publication of the forecast is $3 591 736 233. At this point, we should expect a test of the support level test near the area of 55.50. Where again we should expect a rebound and the continued growth of the Litecoin exchange rate with a target above 73.00. Litecoin (LTC/USD) technical analysis August 30, 2018 In favor of the growth of LTC/USD quotes, a test of the broken trend line will appear on the indicator of relative…
Ripple XRP/USD traded at 0.3404 and continue to move within the downlink. Capitalization of the cryptocurrency at the time of publication of the forecast is $13 756 682 483. At the moment, we should expect an attempt to test the upper border of the channel near the level of 0.3490 and continue the fall of the cryptocurrency into the area below the level of 0.2200. Ripple (XRP/USD) technical analysis August 30, 2018 In favor of lowering the quotations of XRP/USD, a downtrend test on the relative strength index (RSI) will perform. Cancellation of the variant of the fall of the…
Currency pair Euro Dollar EUR/USD continues to move within the framework of the bullish correction. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1720. At the moment, we should expect an attempt to test the upper limit of the bearish channel near the area of 1.1645, from which we should expect the rebound and the continued growth of the Euro/Dollar with a potential target above the level of 1.1990. EUR/USD forecast & technical analysis August 29, 2018 In favor of the growth of EUR/USD quotations, a test of the support line will…
Currency pair Pound/Dollar GBP/USD continues to move within the framework of a bullish correction. At the time of publication of the forecast, the rate of the Pound to the US dollar is 1.2916. At this point, we should expect an attempt to test the upper limit of the descending channel near the level of 1.2960, where again we should expect a rebound and a continued decrease in the British Pound against the US Dollar. The target of reducing the GBP/USD currency pair, within the Forex forecast is the area below the level of 1.2675. GBP/USD forecast & technical analysis August…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of the formation of the «Triangle» model. At the time of publication of the forecast, the Australian Dollar to the US Dollar rate is 0.7353. At the moment, we should expect an attempt to test the resistance area near the level of 0.7375 and continue falling quotations in the area below the level of 0.7240. AUD/USD forecast & technical analysis August 29, 2018 In favor of the fall of the pair AUD/USD will form a reversal model «Head and Shoulders» on the indicator of relative strength…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and start of the «Wedge» model. At the time of publication of the forecast, the rate of the US Dollar to the Japanese Yen is 111.03. At this point, we should expect an attempt to test the support area near the level of 110.60 and continue the growth of the pair USD/JPY in the area above the level of 112.50. USD/JPY forecast & technical analysis August 29, 2018 In favor of the growth of the pair USD/JPY, a trend line test will be…
Quotes of BRENT continue to move in line with growth. At the time of publication of the forecast, the price of BRENT oil is 76.80 dollars per barrel. At this point, we should expect an attempt to test the upper limit of the bearish channel near the level of 77.40 dollars per barrel. Further, the beginning of the fall of the oil price in the area below the level of 73.35. BRENT forecast & technical analysis August 29, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within a bearish correction. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.2908. At the moment, we should expect an attempt to test the resistance level near the area of 1.2980 and continue the fall of the currency pair with a potential target below the level of 1.2780. USD/CAD forecast & technical analysis August 29, 2018 In favor of lowering the quotes of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength index (RSI).…