Ripple XRP/USD is trading at 0.3965. 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 0.4065 is expected, from which we should expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target close to the level of 0.3650. Ripple forecast & analysis XRP/USD August 8, 2018 An additional signal in favor of reducing the XRP/USD cryptocurrency will be a test of the resistance area, as well as a test of the lower…
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 Cash BCH/USD is traded at the level of 703. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level 720 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 610. Bitcoin Cash forecast & analysis BCH/USD August 8, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area,…
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 1.1583. At the moment, we should expect a test of resistance level near the area of 1.1610, where we can expect a rebound attempt and continue the decline of the Euro/Dollar with a target below 1.1400. EUR/USD forecast & technical analysis August 8, 2018 In favor of falling quotations EUR/USD will test the bearish trend line on the indicator of relative strength index…
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 Pound to the US dollar is 1.2959. At this point, we should expect an attempt to test the resistance area near the level of 1.3010, where again we should expect a rebound and continue the decline of the Pound against the 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 8, 2018 In favor of reducing the pair on Forex will…
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 against the US dollar is 0.7427. 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 8, 2018 In…
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 to the Japanese Yen is 111.18. 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 8, 2018 In favor of the growth of the pair USD/JPY…
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 $ 74.39 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 $ 70.25. BRENT forecast & technical analysis August 8, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.2971. At the moment, we should expect an attempt to test the lower boundary of the bearish channel near the area of 1.2950 and continue the growth of the pair to an area above the level of 1.3165. USD/CAD forecast & technical analysis August 8, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on the indicator of relative…
Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the price of GOLD is 1215 Dollars per Ounce. At this point, we should expect an attempt to test the resistance level near the area of 1215. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1170. XAU/USD forecast GOLD & analysis August 8, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI). Canceling the option…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction and formation of the «Triangle» model. At the time of publication of the forecast, the New Zealand Dollar rate to the US Dollar is 0.6744. At this point, we should expect an attempt to test the resistance level near the area of 0.6805 and continue falling to the area below the level of 0.6550. NZD/USD forecast & technical analysis August 8, 2018 In favor of reducing the pair NZD/USD will test the trend line on the indicator of relative strength index (RSI).…