Quotes of GOLD continue to move within the bullish channel. At the time of publication of the forecast, the GOLD price is 1204 Dollars for the Troy Ounce. At this point, we should expect a test of the support level near the 1200 area. Where can we expect a rebound and the continued growth in the price of GOLD with a target above the level of 1235. XAU/USD forecast GOLD & analysis August 30, 2018 In favor of the growth of XAU/USD quotations, an uptrend test on the relative strength index (RSI) will perform, as well as a test of…
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 correction. At the time of publication of the forecast, the rate of the New Zealand Dollar against the US Dollar is 0.6695. At this point, we should expect an attempt to test the resistance level near the area of 0.6740 and continue falling into the area below the level of 0.6570. NZD/USD forecast & technical analysis August 30, 2018 In favor of reducing the pair NZD/USD will break the support line on the indicator of relative strength index (RSI). The cancellation of the…
Currency pair Dollar Franc USD/CHF continues to move in the fall. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9721. At this point, we should expect an attempt to test the resistance area near the level of 0.9780 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9620. USD/CHF forecast & technical analysis August 30, 2018 In favor of reducing the pair, Dollar/Franc will perform a bearish trend test on the indicator of relative strength index (RSI). The cancellation of the USD/CHF…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the formation of the «Triangle» model. At the time of publication of the forecast, the US dollar to the Russian Ruble rate is 68.20. At the moment, we should expect an attempt to test the lower limit of the «Triangle» model near the area of 67.35 rubles for the US dollar and continue the growth of the pair to an area above the level of 70.85. USD/RUB forecast & technical analysis August 30, 2018 In favor of the growth of the pair USD/RUB, an uptrend line…
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…
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…