Bitcoin BTC/USD are traded at the level of 6628 and continue to move within the framework of correction and formation of the «Triangle» model. Capitalization of the cryptocurrency at the time of publication is $ 114 851 656 306. At this point, we should expect a test of the resistance level near the 6800 area. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below 5600 level. Bitcoin (BTC/USD) technical analysis August 23, 2018 In favor of lower quotations BTC/USD will test the resistance line on the indicator…
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 the level of 280 and continue to move within the bearish channel. The capitalization of the cryptocurrency at the time of publication is $ 29 034 129 800. At this point, you should expect an attempt to test the upper boundary of the channel area of 290. Again, we should expect a rebound and the continued decline in the Ethereum rate with a target below the level of 245. Ethereum (ETH/USD) technical analysis August 23, 2018 In favor of falling quotes ETH/USD will perform a downtrend test on the indicator of relative strength index (RSI).…
Litecoin LTC/USD are trading at 56.86 and continue to move within the framework of a bullish correction. Capitalization of the cryptocurrency at the time of publication is $ 3 349 145 147. At this point, you should expect a test of resistance level near the area of 58.50. Where again we should expect a rebound and the continued decline in the Litecoin exchange rate with a target below the level of 51.50. Litecoin (LTC/USD) technical analysis August 23, 2018 In favor of the decline in quotations LTC/USD will test the resistance line on the indicator of relative strength index (RSI).…
Ripple XRP/USD traded at 0.3231 and continue to move in the bullish correction. Capitalization of the cryptocurrency at the time of publication of the forecast remains at $ 13 406 977 594. At this time, we should expect the test of the resistance area near the level of 0.3350 and the continuation of the fall of the cryptocurrency into the area below the level of 0.2950. Ripple (XRP/USD) technical analysis August 23, 2018 In favor of lowering the quotations of XRP/USD, a bearish trend line test on the relative strength index (RSI) will perform. The cancellation of the variant of…
Currency pair Euro Dollar EUR/USD continues to move within the framework of a strong upward correction. At the time of publication of the forecast, the EUR/USD exchange rate is 1.1522, the pair is testing the lower limit of the «Triangle» model. At the moment, we should expect a test of the resistance level near the area of 1.1535, where we should expect a rebound and the continued decline of the Euro/Dollar with a potential target below the level of 1.1305. EUR/USD forecast & technical analysis August 22, 2018 In favor of falling quotations EUR/USD will test the bearish trend line…
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 1.2832. At this point, we should expect an attempt to test the upper limit of the channel near the level of 1.2865, where again we should expect a rebound and a continued decrease in the Pound versus the US Dollar. The target of reducing the currency pair GBP/USD, within the Forex forecast is the area below the level of 1.2615. GBP/USD forecast & technical analysis August 22,…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within a strong bullish correction. At the time of publication of the forecast, the rate of the Australian Dollar against the US Dollar is 0.7360. 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 0.7250. AUD/USD forecast & technical analysis August 22, 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 index (RSI). The…
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 to the Japanese Yen is 110.25, the pair was able to update the local minimum area. At the moment, we should expect an attempt to test the support area near the level of 109.90 and continue the growth of the pair USD/JPY in the area above the level of 111.75. USD/JPY forecast & technical analysis August 22, 2018 In favor of the growth of the pair…
Quotes of BRENT continue to move within the bearish channel. At the time of publication of the forecast, the price of BRENT oil is 72.29 dollars per barrel. At the moment, we should expect an attempt to test the upper limit of the bearish channel near the level of 72.70 dollars per barrel. Further, the continued fall in oil prices in the region below the level of 67.50. BRENT forecast & technical analysis August 22, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). The…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of a downward correction and the formation of an inverted «Head and Shoulders» model. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3021. At this point, we should expect an attempt to test the support level near the area of 1.3005 and continue the growth of the pair with a potential target above the level of 1.3385. USD/CAD forecast & technical analysis August 22, 2018 In favor of the growth of quotations of the Canadian Dollar will perform…