Quotes of GOLD continue to move within the framework of an upward correction. At the time of publication of the forecast, the Gold price is 1193 dollars for the Troy Ounce. At this point, we should expect an attempt to test the resistance level near the area of 1200. Where can we expect a rebound and the continuation of the fall in the price of gold with a target below the level of 1145. XAU/USD forecast GOLD & analysis August 22, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of a strong correction. At the time of publication of the forecast, the New Zealand Dollar rate against the US Dollar is 0.6665. At this point, we should expect an attempt to test the resistance level near the area of 0.6685 and continue falling to the area below the level of 0.6480. NZD/USD forecast & technical analysis August 22, 2018 In favor of reducing the pair NZD/USD will test the resistance area on the indicator of relative strength index (RSI). The cancellation…
Currency pair Dollar Franc USD/CHF continues to move within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9876. At this point, we should expect an attempt to test the support area near the level of 0.9840 and continue the growth of the US Dollar against the Swiss Franc with a target above 0.9970. USD/CHF forecast & technical analysis August 22, 2018 In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the indicator…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of a downward correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 67.35. At this point, we should expect an attempt to test the lower limit of the channel near the area of 66.95 rubles for the US dollar and the continued growth of the pair in the area above the level of 70.00. USD/RUB forecast & technical analysis August 22, 2018 In favor of the growth of the pair USD/RUB, a…
Bitcoin BTC/USD are traded at the level of 6422 and continue to move within the correction and formation of the «Triangle» model. Capitalization of the Crypto currency at the time of publication of the forecast remains at $ 111 274 800 683. At this point, we should expect a test of the resistance level near the area of 6500. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below 5650 level. Bitcoin (BTC/USD) technical analysis August 22, 2018 In favor of lower quotations BTC/USD will test the resistance…
Ethereum ETH/USD are traded at the level of 280 and continue to move within the bearish channel. Capitalization of the cryptocurrency at the time of publication of the forecast remains at $ 28 791 753 328. At this point, we should expect an attempt to test the upper boundary of the channel of area 290. Again, we should expect a rebound and the continued decline in the Ethereum rate with a target below the level of 235. Ethereum (ETH/USD) technical analysis August 22, 2018 In favor of falling quotes ETH/USD will perform a downtrend test on the indicator of relative…
Litecoin LTC/USD are traded at the level of 55.17 and continue to move within a bearish trend. Capitalization of cryptocurrency at the time of publication of the forecast remains at $ 3 237 171 003. At the moment, we should expect an attempt to test the upper boundary of the channel near the area of 56.00. Where again we should expect a rebound and the continued decline of the Litecoin exchange rate with a target below the level of 47.50. Litecoin (LTC/USD) technical analysis August 22, 2018 In favor of the decline in quotations LTC/USD will test the resistance line…
Ripple XRP/USD traded at 0.3231 and continue to move in the bullish correction. Capitalization of cryptocurrency at the time of publication of the forecast remains at $ 13 252 739 692. At the moment, we should expect a test of the resistance area near the level of 0.3320 and the continuation of the fall of the crypto currency in the area below the level of 0.2645. Ripple (XRP/USD) technical analysis August 22, 2018 In favor of lowering the quotations of XRP/USD, a downtrend test on the relative strength index (RSI) will perform. The cancellation of the variant of the fall…
Currency pair Euro Dollar EUR/USD continues to move within the framework of the upward correction. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1408. At the moment, we should expect an attempt to test the upper limit of the descending channel near the area of 1.1415, from which we should expect a rebound and the continued decline of the Euro/Dollar with a potential target below the level of 1.1225. EUR/USD forecast & technical analysis August 21, 2018 In favor of falling quotations EUR/USD will test the bearish trend line on the indicator…
Currency pair Pound/Dollar GBP/USD continues to move within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the rate of the British Pound to the US Dollar is 1.2738. At this point, we should expect an attempt to test the broken down channel border near the level of 1.2800, where again we should expect a rebound and the continued decline of the British Pound against the US Dollar. The target of reducing the currency pair GBP/USD, within the framework of Forex forecast is the area below the level of 1.2505. GBP/USD…