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…
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.
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…
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 rate of the Australian Dollar to the US Dollar is 0.7307. At the moment, we should expect an attempt to test the resistance area near the level of 0.7325 and continue falling quotations in the area below the level of 0.7150. AUD/USD forecast & technical analysis August 21, 2018 In favor of the fall of the AUD/USD pair, a resistance area test will be performed on the relative strength index (RSI), as well…
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 110.62. At the moment, we should expect the test of the support area test near the level of 110.30 and the continued growth of the pair USD/JPY in the area above the level of 112.25. USD/JPY forecast & technical analysis August 21, 2018 In favor of the growth of the pair USD/JPY will test the bullish trend line on the…
Quotes of BRENT continue to move within the bearish channel. At the time of publication of the forecast, the price of BRENT oil is $ 72.06 per barrel. At this point, we should expect an attempt to test the upper edge of the bearish channel near the level of 72.70 dollars per barrel. Further, the continued fall in oil prices in the area below the level of 67.80. BRENT forecast & technical analysis August 21, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). The…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of correction and formation of the «Head and Shoulders» reversal model. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3068. At this point, we should expect an attempt to test the support level near the 1.3025 area and continue the growth of the pair with a potential target above the level of 1.3330. USD/CAD forecast & technical analysis August 21, 2018 In favor of the growth of quotations of the Canadian Dollar, a trend line test will be…