Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of a bearish correction. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 66.80. At this point, we should expect an attempt to test the lower limit of the uplink near the area of 65.70 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 17, 2018 In favor of the growth of the pair USD/RUB, a trend line test will be performed…
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.
Bitcoin BTC/USD are traded at the level of 6385 and continue to move within the correction. At this point, we should expect a test of the support level test near the area of 6050. 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 6950. Bitcoin (BTC/USD) technical analysis August 17, 2018 In favor of the growth of quotations BTC/USD will perform a test of the support line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be…
Ethereum ETH/USD are traded at the level of 290 and continue to move within the correction. At this point, we should expect a test of the support level near the area of 275. Where again we should expect a rebound and the continued growth of the Ethereum rate with a target above 345. Ethereum (ETH/USD) technical analysis August 17, 2018 In favor of falling quotations ETH/USD will perform a test of a broken trend line on the indicator of relative strength index (RSI). Cancellation of the variant of the growth of the cryptocurrency will be a drop and a breakdown…
Litecoin LTC/USD are trading at 56.08 and continue to move in line with the trend. At this point, we should expect a test of the support level test near the area of 52.50. Where again we should expect a rebound and the continued growth of the Litecoin exchange rate with a target above the level of 67.00. Litecoin (LTC/USD) technical analysis August 17, 2018 In favor of LTC/USD quotes growth, a test of a broken trend line on the relative strength index (RSI) will appear, as well as the formation of the head and shoulders reversal model. The abolition of…
Ripple XRP/USD traded at 0.2773 and continue to move within the bearish trend. At the moment, we should expect an attempt to test the support area near the level of 0.2500 and continue the growth of the cryptocurrency in the area above the level of 0.3320. Ripple (XRP/USD) technical analysis August 17, 2018 In favor of the growth of quotations XRP/USD will perform a test of the broken trend line on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head and Shoulders». Canceling the variant of the growth of the cryptocurrency will…
Currency pair US Dollar to Chinese Yuan USD/CNH continues to move within the bullish trend. At the time of publication of the forecast, the US Dollar to the Chinese Yuan is 6.89. At the moment, we should expect a test of the lower border of the channel near the area of 6.83, then a rebound and the continued growth of USD/CNH quotations to the area above the level of 7.06. USD/CNH forecast Chinese Yuan August 17, 2018 In favor of the pair’s growth, the US Dollar will perform a test of the support line on the indicator of relative strength…
Currency pair Euro Pound EUR/GBP continues to move within the framework of the bullish correction. At the time of the Forex forecast publication, the Euro rate to the British Pound is 0.8948. At the moment, we should expect a test of the resistance level near the area of 0.8960, then a rebound and the continuation of the EUR/GBP quotes decline below 0.8810. EUR/GBP Forecast for Euro Pound August 17, 2018 In favor of reducing the pair EUR/GBP, a trend line test will be performed on the relative strength index (RSI), as well as the formation of the «Head and Shoulders»…
Currency pair US Dollar to Polish Zloty USD/PLN continues to move within the bullish trend. At the time of publication of the forecast, the US Dollar rate for the Polish Zloty is 3.78. At the moment, we should expect a test of the support level near the area of 3.75, then rebound upwards and continue the growth of USD/PLN quotations to the area above the level of 3.85. USD/PLN forecast Polish Zloty August 17, 2018 In favor of the growth of the currency pair, the US Dollar/Polish Zloty will test the support line on the indicator of relative strength index…
Currency pair Euro Dollar EUR/USD continues to move within the limits of the decline. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1327. At the moment, we should expect an attempt to test the upper boundary of the bearish channel near the area of 1.1385, where we should expect a rebound and continue the decline of the Euro/Dollar with a target below the level of 1.1145. EUR/USD forecast & technical analysis August 16, 2018 In favor of falling quotations EUR/USD will test the bearish trend line on the indicator of relative strength…
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 British Pound to the US Dollar is 1.2722. At this point, we should expect an attempt to test the broken channel border near the level of 1.2820, where again we should expect a rebound and the continued decline of the British Pound against the US Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2525. GBP/USD forecast & technical analysis August 16, 2018 In favor of reducing the pair…