Ripple XRP/USD completes the trading week at 0.3128 and continue to move in a bearish trend. At this point, we should expect a test of resistance level near the area of 0.3350. Whence again we should expect a rebound and the continued fall of the cryptocurrency into the area below the level of 0.1850. Ripple weekly forecast & analysis August 27 — 31, 2018 In favor of lowering the quotes of XRP/USD on the current trading week on August 27 — 31, 2018, a downtrend test on the relative strength index (RSI) will perform. Cancellation of the variant of the…
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.
Litecoin LTC/USD completes the trading week at 56.54 and continues to move in a bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the level of 65.00. Where again we should expect a rebound and an attempt to continue the development of the bearish trend for Litecoin with a target below the level of 35.00. Litecoin weekly forecast & analysis August 27 — 31, 2018 In favor of the decline in LTC/USD quotations on the current trading week on August 27 — 31, 2018, a resistance line test will be…
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 1.1577. At the moment, we should expect an attempt to test the resistance level near the area of 1.1635, from which we should expect a rebound and the start of the decline of the Euro/Dollar with a potential target below the level of 1.1405. EUR/USD forecast & technical analysis August 24, 2018 In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength…
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 1.2891. At this point, we should expect an attempt to test the upper limit of the bearish channel near the level of 1.2910, where again we should expect a rebound and continue the decline of the British Pound against the US Dollar. The target of reducing the currency pair GBP/USD, within the Forex forecast is the area below the level of 1.2595. GBP/USD forecast & technical analysis…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the time of publication of the forecast, the rate of the Australian Dollar against the US Dollar is 0.7292. 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 0.7195. AUD/USD forecast & technical analysis August 24, 2018 In favor of the fall of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI).…
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 rate against the Japanese Yen is 110.79, the pair is showing growth. At the moment, we should expect an attempt to test the support area near the level of 110.35 and continue the growth of the pair USD/JPY in the area above the level of 112.05. USD/JPY forecast & technical analysis August 24, 2018 In favor of the growth of the pair USD/JPY, a downtrend test…
Quotes of BRENT continue to move within the framework of strong growth. At the time of publication of the forecast, the price of BRENT oil is $ 74.51 per barrel. At this point, we should expect an attempt to test the upper limit of the bearish channel near the level of 73.10 dollars per barrel. Further, the continued growth of the oil price in the region above the level of 77.00. BRENT forecast & technical analysis August 24, 2018 In favor of the growth of quotations and prices for oil BRENT will perform a test of the support line on…
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 1.3030. At this point, we should expect an attempt to test the support level near the area of 1.3010 and the beginning of the growth of a pair with a potential target above the level of 1.3305. USD/CAD forecast & technical analysis August 24, 2018 In favor of the growth of quotations of the Canadian Dollar…
Quotes of GOLD continue to move within the correction. At the time of publication of the forecast, the GOLD price is 1190 Dollars for the 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 the level of 1155. XAU/USD forecast GOLD & analysis August 24, 2018 In favor of the growth of quotations XAU/USD will perform a bearish trend test on the indicator of relative strength index (RSI).…
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 0.6675. At this point, we should expect an attempt to test the resistance level near the area of 0.6705 and continue falling to the area below the level of 0.6580. NZD/USD forecast & technical analysis August 24, 2018 In favor of reducing the pair NZD/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the…