Bitcoin BTC/USD is trading at 6,157. 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 6400 is expected, from which we should expect a rebound and an attempt to continue the fall of Bitcoin cryptocurrency with a target at 5400 level. Bitcoin forecast & analysis BTC/USD August 9, 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…
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 is trading at 353. 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 level 375 is expected, from which one should expect a rebound and an attempt to continue falling ETH/USD with a target below the level of 320. Ethereum forecast & analysis ETH/USD August 9, 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…
Litecoin LTC/USD is trading at 61.39. 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 66.00, from which one should expect a rebound and an attempt to continue falling LTC/USD with a target below the level of 52.50. Litecoin forecast & analysis LTC/USD August 9, 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…
Ripple XRP/USD is trading at 0.3118. 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 0.3420 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 0.2500. Ripple forecast & analysis XRP/USD August 9, 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 575. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level 620 is expected, 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 500. Bitcoin Cash forecast & analysis BCH/USD August 9, 2018 An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel.…
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 exchange rate is 1.1594. At the moment, we should expect an attempt to test 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 1.1425. EUR/USD forecast & technical analysis August 9, 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 in the bearish channel. At the time of publication of the forecast, the rate of the British Pound to the US Dollar is 1.2876. At this point, we should expect an attempt to test the resistance area near the level of 1.2985, where again we should expect a rebound and a continued decrease in the British Pound versus the US Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2730. GBP/USD forecast & technical analysis August 9, 2018 In favor of reducing the pair…
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 Australian Dollar to the US Dollar rate is 0.7409. The pair continues to develop an upward correction. At the moment, we should expect an attempt to test the resistance area near the level of 0.7440 and the beginning of the fall of quotations in the area below the level of 0.7200 as part of the «Triangle» model development. AUD/USD forecast & technical analysis August 9, 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 US Dollar rate against the Japanese Yen is 110.96. 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 9, 2018 In favor of the growth of the pair…
Quotes of BRENT continue to move within the framework of the formation of the «Triangle» model. At the time of publication of the forecast, the price of BRENT oil is $ 73.28 per barrel. At this point, we should expect an attempt to test the upper limit of the model «Triangle» near the level of 75.00 dollars per barrel. Further, the continued fall in oil prices in the area below the level of 71.90. BRENT forecast & technical analysis August 9, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator…