Litecoin LTC/USD traded at 61.47 and continue to move within the bullish channel. The capitalization of the cryptocurrency at the time of publication of the forecast is $3 674 569 109. At this point, we should expect an attempt to test the resistance level near the area of 67.50. Where again we should expect a rebound and the continued fall of the Litecoin exchange rate with a target below the level of 40.00. Litecoin (LTC/USD) technical analysis September 6, 2018 In favor of the drop in LTC/USD quotations, an uptrend line test will be performed on the relative strength index…
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 traded at 0.3001 and continue to move within the start of the «Triangle» model. Capitalization of the cryptocurrency at the time of publication of the forecast is $12 229 400 888. At the moment, we should expect an attempt to test the lower limit of the «Triangle» model near the level of 0.3150 and continue the fall of the cryptocurrency into the area below the level of 0.2350. Ripple (XRP/USD) technical analysis September 6, 2018 In favor of the growth of quotations XRP/USD will test the trend line on the indicator of relative strength index (RSI). Cancellation of…
The currency pair US Dollar against the Turkish Lira USD/TRY continues to move within the framework of correction. At the time of publication of the forecast, the US Dollar rate for the Turkish Lira is 6.66. At the moment, we should expect an attempt to test the bottom of the uplink near the 6.40 area and continue the pair’s growth to the level above 7.13. USD/TRY forecast Turkish Lira September 6, 2018 In favor of the growth of quotations of Turkish Lira will test the trend line on the indicator of relative strength index (RSI), as well as test the…
The currency pair of the US Dollar vs South African Rand USD/ZAR continues to move within the bullish channel. At the time of publication of the forecast, the US dollar to the South African Rand rate is 15.52. At this point, we should expect an attempt to test the support level near the area of 15.33 and continue to grow the pair in the area above the level of 16.12. USD/ZAR forecast South African Rand September 6, 2018 In favor of the growth of quotations South African Rand will test the bullish trend line on the indicator of relative strength…
The currency pair of the US Dollar vs Mexican Peso continues to move within the framework of the formation of the bearish model «Wolfe Wave». At the time of publication of the forecast, the US Dollar rate for the Mexican Peso is 19.55. At this point, we should expect an attempt to test the resistance level near the area of 19.75 and the beginning of the fall of the pair into the area below the level of 19.05. USD/MXN forecast Mexican Peso September 6, 2018 In favor of lowering the quotations of the Mexican Peso, a resistance area test will…
Currency pair Euro Dollar EUR/USD continues to move within the limits of the decline. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1554. At this point, we should expect a test of the resistance level near the area of 1.1605, where we can expect a rebound and the continuation of the fall of the Euro/Dollar with a potential target below the level of 1.1445. EUR/USD forecast & technical analysis September 5, 2018 In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength index (RSI). The…
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 1.2822. At this point, we should expect an attempt to test the resistance area near the level of 1.2930, where again we should expect a rebound and the continuation of the fall of the Pound against the Dollar. The target of reducing the currency pair GBP/USD, within the framework of the Forex forecast, is the area below the level of 1.2550. GBP/USD forecast & technical analysis September 5, 2018 In…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of Triangle model development. At the time of publication of the forecast, the Australian Dollar to the US Dollar rate is 0.7181. At this point, we should expect an attempt to test the resistance area near the level of 0.7220 and continue falling quotations in the area below the level of 0.7060. AUD/USD forecast & technical analysis September 5, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of the formation of the bullish «Wolfe Wave» model. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 111.24. At the moment, we should expect an attempt to test the support area near the level of 110.55 and continue the growth of the pair USD/JPY in the area above the level of 112.05. USD/JPY forecast & technical analysis September 5, 2018 In favor of the growth of the pair USD/JPY, a trend line test will…
Quotes of BRENT continue to move in line with growth. At the time of publication of the forecast, the price of BRENT oil is 79.22 dollars per barrel. At this point, we should expect an attempt to test the lower limit of the bullish channel near the level of 78.10 dollars per barrel. Further, the continued growth of the oil price in the region above the level of 82.00. BRENT forecast & technical analysis September 5, 2018 In favor of the growth of quotations and prices for oil BRENT will perform a test of the support line on the indicator…