Litecoin LTC/USD completes the trading week at 56.70 and continues to move in a bearish trend. At this point, we should expect an attempt to test the lower border of the channel near the level of 45.00. Whence again we should expect a rebound and an attempt to continue the development of the bullish correction of Litecoin with a target above the level of 110.00. Litecoin weekly forecast & analysis August 20 — 24, 2018 In favor of LTC/USD quotes growth, a support line test will be performed on the relative strength index (RSI). The abolition of Litecoin’s growth option…
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.
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 1.1372. At the moment, we should expect an attempt to test the upper boundary of the downward channel near the area of 1.1390, from which we should expect a rebound and the continued decline of the Euro/Dollar with a target below the level of 1.1215. EUR/USD forecast & technical analysis August 17, 2018 In favor of falling quotations EUR/USD will test the downward trend line on the indicator of…
Currency pair Pound/Dollar GBP/USD continues to move in the bearish channel. At the time of publication of the forecast, the rate of the Pound to the US dollar is 1.2706. At this point, we should expect an attempt to test the broken down channel border near the level of 1.2815, where again we should expect a rebound and the continued decline of the Pound against the Dollar. The target of the fall of the GBP/USD currency pair is the area below the level of 1.2525. GBP/USD forecast & technical analysis August 17, 2018 In favor of reducing the pair on…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of a bullish correction. At the time of publication of the forecast, the Australian Dollar to the US Dollar rate is 0.7273. 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 0.7120. AUD/USD forecast & technical analysis August 17, 2018 In favor of the fall of the pair AUD/USD will perform a bearish trend test on the indicator of relative strength index (RSI).…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within a bearish correction. At the time of publication of the forecast, the rate of the US Dollar to the Japanese Yen is 110.82. At this point, we should expect a test of the support area test near the level of 110.40 and the continuation of the pair USD/JPY growth in the area above the level of 112.25. USD/JPY forecast & technical analysis August 17, 2018 In favor of the growth of the pair USD/JPY will test the bullish trend line on the indicator of relative…
Quotes of BRENT continue to move in line with the decline. At the time of publication of the forecast, the price of BRENT oil is $ 70.72 per barrel. At the moment, we should expect an attempt to test the lower limit of the «Triangle» model near the level of $ 71.50 per barrel. Further, the continued fall in oil prices in the area below the level of 66.45. BRENT forecast & technical analysis August 17, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI).…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction. At the time of publication of the forecast, the US Dollar rate against the Canadian Dollar is 1.3081. At this point, we should expect an attempt to test the support level near the 1.3045 area and continue the growth of the pair with a potential target above the level of 1.3300. USD/CAD forecast & technical analysis August 17, 2018 In favor of the growth of quotations of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength index (RSI), as well…
Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the price of GOLD is 1186 dollars per troy ounce. At this point, we should expect an attempt to test the resistance level near the area of 1195. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below 1125 level. XAU/USD forecast GOLD & analysis August 17, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI), as well as rebound…
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 0.6588. At this point, we should expect an attempt to test the resistance level near the area of 0.6645 and continue falling to the area below the level of 0.6470. NZD/USD forecast & technical analysis August 17, 2018 In favor of reducing the pair NZD/USD will test the trend line on the indicator of relative strength index (RSI). The cancellation of the…
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 0.9933. At this point, we should expect an attempt to test the support area near the level of 0.9910 and continue the growth of the US dollar against the Swiss Franc with a target above 1.0035 level. USD/CHF forecast & technical analysis August 17, 2018 In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the…