Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6641. 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 0.6740 and continue the fall of the currency pair below the level of 0.6250. NZD/USD weekly forecast & analysis August 27 — 31, 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 drop in quotes on the current trading week…
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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.
Currency pair USD/CHF Dollar/Franc completes trading week near the level of 0.9853. The pair continues to move within the framework of the «Triangle» model development. At this point, we should expect a test of the resistance area near the 0.9930 level and the continued decline of the pair with a target below 0.9520. USD/CHF weekly forecast & analysis August 27 — 31, 2018 In favor of the fall of the pair, Dollar/Frank will perform a test of a broken trend line on the indicator of relative strength index (RSI), as well as a rebound from the lower bound of the…
Bitcoin BTC/USD completes the trading week at 6503 and continues to move within the framework of the formation of the «Triangle» model. At this point, we should expect a test of the resistance area near the level of 7100. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a potential target below the level of 4350. Bitcoin weekly forecast & analysis August 27 — 31, 2018 In favor of lowering the quotations of BTC/USD on the current trading week on August 27 — 31, 2018, a test of the broken…
Ethereum ETH/USD completes the trading week at 273 and continues to move within the bearish trend. At this point, we should expect an attempt at a resistance level near the area of 355. Where again we should expect a rebound and the continued decline in the Ethereum rate with a potential target below the level of 135. Ethereum weekly forecast & analysis August 27 — 31, 2018 In favor of the decline in quotations ETH/USD on the current trading week on August 27 — 31, 2018, a resistance line test will be performed on the relative strength index (RSI), as…
Ripple XRP/USD completes the trading week at 0.3128 and continue to move in a bearish trend. At this point, we should expect a test of resistance level near the area of 0.3350. Whence again we should expect a rebound and the continued fall of the cryptocurrency into the area below the level of 0.1850. Ripple weekly forecast & analysis August 27 — 31, 2018 In favor of lowering the quotes of XRP/USD on the current trading week on August 27 — 31, 2018, a downtrend test on the relative strength index (RSI) will perform. Cancellation of the variant of the…
Litecoin LTC/USD completes the trading week at 56.54 and 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 level of 65.00. Where again we should expect a rebound and an attempt to continue the development of the bearish trend for Litecoin with a target below the level of 35.00. Litecoin weekly forecast & analysis August 27 — 31, 2018 In favor of the decline in LTC/USD quotations on the current trading week on August 27 — 31, 2018, a resistance line test will be…
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 1.1577. At the moment, we should expect an attempt to test the resistance level near the area of 1.1635, from which we should expect a rebound and the start of the decline of the Euro/Dollar with a potential target below the level of 1.1405. EUR/USD forecast & technical analysis August 24, 2018 In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength…
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 British Pound to the US Dollar is 1.2891. At this point, we should expect an attempt to test the upper limit of the bearish channel near the level of 1.2910, where again we should expect a rebound and continue the decline of the British Pound against the US Dollar. The target of reducing the currency pair GBP/USD, within the Forex forecast is the area below the level of 1.2595. GBP/USD forecast & technical analysis…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the time of publication of the forecast, the rate of the Australian Dollar against the US Dollar is 0.7292. At the moment, we should expect a test of the resistance area near the level of 0.7310 and the continuation of the fall of quotations in the area below the level of 0.7195. AUD/USD forecast & technical analysis August 24, 2018 In favor of the fall of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI).…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and formation of the «Wedge» model. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 110.79, the pair is showing growth. At the moment, we should expect an attempt to test the support area near the level of 110.35 and continue the growth of the pair USD/JPY in the area above the level of 112.05. USD/JPY forecast & technical analysis August 24, 2018 In favor of the growth of the pair USD/JPY, a downtrend test…