Litecoin LTC/USD completes the trading week at level 60 and continues to move in a bearish trend. At this point, we should expect a test of the resistance area near the level of 75. Where again we should expect a rebound and an attempt to continue the decline of the Litecoin course with a target below the level of 40. Litecoin weekly forecast & analysis August 13 — 17, 2018 In favor of falling quotes LTC/USD will perform a downtrend test on the indicator of relative strength index (RSI). The abolition of the Litecoin decline option will be a strong…
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 is trading at 6435. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near the level of 6500 is expected, from which we should expect a rebound and an attempt to continue the fall of Bitcoin’s cryptocurrency with a target at 5600 level. Bitcoin forecast & analysis BTC/USD August 10, 2018 In favor of lowering the quotations of the BTC/USD cryptocurrency, a resistance level test will perform, as well as a test of the upper boundary of…
Ethereum ETH/USD is trading at 361. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near the 380 level is expected, from which one should expect a rebound and an attempt to continue falling ETH/USD with a target below 310. Ethereum forecast & analysis ETH/USD August 10, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a test of the upper boundary of the bearish channel.…
Litecoin LTC/USD is trading at 63.05. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The Ichimoku Kinko Hyo signal line area test is expected near the level of 65.00, from which one should expect a rebound and an attempt to continue falling LTC/USD with a target below 53.20. Litecoin forecast & analysis LTC/USD August 10, 2018 An additional signal in favor of lowering the Litecoin cryptocurrency will be the test of the upper boundary of the bearish channel. Earlier, a weak signal was received for sell of Litecoin…
Ripple XRP/USD is trading at 0.3279. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.3435 is expected, from which we should expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target near the level of 0.2650. Ripple forecast & analysis XRP/USD August 10, 2018 An additional signal in favor of reducing the cryptocurrency of XRP/USD will be the test of the upper boundary of the bearish channel. Earlier,…
Bitcoin Cash BCH/USD is trading at the level of 602. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The Ichimoku Kinko Hyo signal line area test is expected near the level of 635, from which it is expected to attempt a rebound and continue the fall of the BCH/USD cryptocurrency with a target below 470. Bitcoin Cash forecast & analysis BCH/USD August 10, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the channel, as…
Currency pair Euro Dollar EUR/USD continues to move within the limits of the decline and the beginning of the «Triangle» model. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1591. At this point, we should expect a test of the resistance level near the area of 1.1620, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1450. EUR/USD forecast & technical analysis August 10, 2018 In favor of falling quotes EUR/USD will perform a downtrend test 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 1.2890. At this point, we should expect an attempt to test the resistance area near the level of 1.2955, where again we should expect a rebound and a continued decrease in the Pound versus the Dollar. The target of the fall of the pair GBP/USD is the area below the level of 1.2690. GBP/USD forecast & technical analysis August 10, 2018 In favor of reducing the pair on Forex…
Currency pair Australian Dollar to US Dollar AUD/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 Australian Dollar to the US dollar is 0.7417. The pair continues to develop a bullish correction. At the moment, we should expect an attempt to test the resistance area near the level of 0.7440 and the beginning of falling quotations in the area below the level of 0.7280 within the framework of the «Triangle» model. AUD/USD forecast & technical analysis August 10, 2018 In favor of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the bullish channel. At the time of publication of the forecast, the rate of the US Dollar to the Japanese Yen is 111.10. The pair continues to move within the framework of a bearish correction. At this point, we should expect an attempt to test the bottom of the uplink near the level of 110.55 and continue the growth of the pair USD/JPY in the area above the level of 113.70. USD/JPY forecast & technical analysis August 10, 2018 In favor of the growth of…