Litecoin LTC/USD is trading at the level of 59.27. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. As part of the digital currency forecast, the Ichimoku Kinko Hyo cloud low limit test is expected near the level of 60.00, from which one should expect a rebound and an attempt to continue falling LTC/USD with a target below 47.00. Litecoin forecast & analysis LTC/USD August 18, 2018 An additional signal in favor of reducing the Litecoin cryptocurrency will be a rebound from the upper bound of the «Triangle» model,…
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.
Ripple XRP/USD is trading at 0.3130. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. As part of the forecast of the digital currency exchange rate, the Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.3000, from which we should expect a rebound and an attempt to continue the growth of the XRP/USD cryptocurrency with the target close to the level of 0.3700. Ripple forecast & analysis XRP/USD August 18, 2018 An additional signal in favor of the growth of the XRP/USD cryptocurrency will…
Bitcoin Cash BCH/USD is trading at 561. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. As part of the forecast for the digital currency, the Ichimoku Kinko Hyo cloud bottom test is expected near the level of 565, from which it is expected to attempt a rebound and continue the fall of the BCH/USD cryptocurrency with a target below the level of 460. Bitcoin Cash forecast & analysis BCH/USD August 18, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1407 and continues to move within the bearish trend. At the moment, we should expect an upward correction test and a test of the upper boundary of the downlink near level 1.1530. Where is the rebound expected and the continuation of the fall of the euro with a potential target below the level of 1.0950. EUR/USD weekly forecast & analysis August 20 — 24, 2018 In favor of the EUR/USD decline, a resistance line test will be performed on the relative strength index (RSI). The cancellation of…
Quotes of BRENT close the trading week near the region of 71.63 dollars per barrel. It is worth to wait for the test of the resistance area near the level of 74.20 and the beginning of the fall of oil in the area below the level of 64.00 dollars per barrel. BRENT crude oil forecast & analysis August 20 — 24, 2018 An additional signal in favor of falling oil prices this week will be a test of the resistance line on the indicator of relative strength index (RSI). Canceling the option of lowering quotations and prices for BRENT oil…
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.2722. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the resistance area near the level of 1.2955 and continue falling quotations in the area below the level of 1.2240. GBP/USD weekly forecast & analysis August 20 — 24, 2018 In favor of the decline of the British Pound, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the GBP/USD fall in the current trading week will result…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 66.84 Rubles for the US dollar. The pair continues to move within the framework of growth and development of the «Triangle» model. The ruble remains pending a new sanction, which could send the pair further up the lease to an area above the 75 level. As part of the technical analysis, it is currently expected to test the support area near the level of 65.00 and continue the pair’s growth above the level of 71.20. USD/RUB weekly forecast & analysis August 20 — 24,…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7280. The pair 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 0.7375 area and continue the fall of AUD/USD with a target below 0.6950. AUD/USD weekly forecast & analysis August 20 — 24, 2018 In favor of the fall of the pair on Forex will test the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the AUD/USD decline option will result in…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3133. The pair continues to move within the bullish channel. At the moment, we should expect a test of the support level near the 1.3020 area and the beginning of the growth of quotations with a target above 1.3585 level. USD/CAD weekly forecast & analysis August 20 — 24, 2018 In favor of the growth of the pair USD/CAD will test the uptrend line on the indicator of relative strength index (RSI), as well as the formation of an inverted «Head and Shoulders» model…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 110.70. The pair continues to move within the framework of a bearish correction. At this point, we should expect an attempt to test the support level near the area of 109.90 and continue the growth of the pair to an area above the level of 115.50. USD/JPY weekly forecast & analysis August 20 — 24, 2018 In favor of the pair’s growth, the Dollar/Yen will test the uptrend line on the relative strength index (RSI). The cancellation of the growth of the…