Ripple XRP/USD is trading at 0.3147 and continues to move within the framework of the «Wedge» model. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend over Ripple. As part of the forecast of the digital currency exchange rate, the Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.3000, from which we should expect a rebound and an attempt to continue the growth of the XRP/USD cryptocurrency with the target close to the level of 0.3695. Ripple forecast & analysis XRP/USD August 26, 2018 An additional…
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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.
Bitcoin Cash BCH/USD is trading at 533. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. As part of the digital currency forecast, a test of the Ichimoku Kinko Hyo Cloud’s lower boundary near the level of 545 is expected, from which it is expected to attempt a rebound and continue the fall of the BCH/USD cryptocurrency with a target below 465. Bitcoin Cash forecast & analysis BCH/USD August 26, 2018 An additional signal in favor of reducing the cryptocurrency will be a resistance level test, as well…
Currency pair Euro Dollar EUR/USD closes the trading week near the area of 1.1561 and continues to move within the bearish trend. At the moment, we should expect an attempt to develop correction and test of the upper boundary of the descending channel near the level of 1.1580. Where is the rebound expected and the continuation of the fall of the euro with a potential target below the level of 1.0950. EUR/USD weekly forecast & analysis August 27 — 31, 2018 In favor of reducing the EUR/USD currency pair on Forex, a resistance line test will be performed on the…
Quotes of BRENT close the trading week near the area of 75.44 dollars per barrel. Within the framework of the publication of the forecast BRENT crude oil forecast & analysis August 27 — 31, 2018 should be expected to try the support area test near the level of 72.50 and continue the growth of oil in the area above the level of 82.50 dollars per barrel. BRENT crude oil forecast & analysis August 27 — 31, 2018 An additional signal for the growth of oil quotes this week will be a test of the support line on the indicator of…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2831. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the correction and resistance area test near the level of 1.2925. Further, the continuation of the fall in the quotes of the Pound/Dollar in the area below the level of 1.2345. GBP/USD weekly forecast & analysis August 27 — 31, 2018 In favor of the decline of the British Pound, a trend line test will be performed on the relative strength index (RSI), as well as a…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 67.82 Rubles per US Dollar. The pair continues to move within the framework of growth. The ruble rate remains pending a new sanction that could send the pair further up the trend to an area above the level of 75. As part of the technical analysis, on the current trading week on August 27 — 31, 2018, we expect a support area test near the level of 66.20 and continuation of the pair above 72.35. USD/RUB weekly forecast & analysis August 27 — 31,…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7274. 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 0.7370 and continue the fall of AUD/USD with a target below 0.6965. AUD/USD weekly forecast & analysis August 27 — 31, 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). 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 1.3089. The pair continues to move within the correction. At this point, we should expect an attempt to test the level of support near the area of 1.3030 and the continuation of the growth of quotations with a target above the level of 1.3565. USD/CAD weekly forecast & analysis August 27 — 31, 2018 In favor of the growth of the pair USD/CAD will test the uptrend line on the indicator of relative strength index (RSI), as well as the formation of an inverted…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 111.39. The pair continues to move within the correction. At this point we should expect an attempt to test the support level near the area of 110.60 and continue the growth of the pair in the area above the level of 117.20. USD/JPY weekly forecast & analysis August 27 — 31, 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 growth of the pair USD/JPY on the…
GOLD XAU/USD close the trading week near the area of 1189. Quotes continue to move within the bearish trend. At this point, we should expect an attempt to correct and test the upper boundary of the bearish channel near area 1205. Further, the continuation of the fall in the price of gold with a potential target below the level of 1115. GOLD weekly forecast & analysis August 27 — 31, 2018 In favor of falling quotes and GOLD prices in the current trading week on August 27 — 31, 2018, a bearish trend test will be performed on the relative…