Bitcoin Cash BCH/USD is traded at 687. 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 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 7, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a…
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.
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 1.1535. At this point, we should expect an attempt to test the resistance level near the area of 1.1600, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1405. EUR/USD forecast & technical analysis August 7, 2018 In favor of falling quotes EUR/USD will perform a test of a broken trend line on…
Currency pair Pound Dollar GBP/USD continues to move within the limits of the decline. At the time of publication of the forecast, the rate of the British Pound to the US Dollar is 1.2928. At this point, we should expect an attempt to test the resistance area near the level of 1.3000, where again we should expect a rebound and a continued decrease in the Pound/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 7, 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 to the US Dollar is 0.7383. At the moment, we should expect an attempt to test the resistance area near the level of 0.7410 and continue falling quotations in the area below the level of 0.7230. AUD/USD forecast & technical analysis August 7, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator 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 111.50. At this point, we should expect an attempt to test the bottom of the uplink near the level of 111.15 and continue the growth of the pair USD/JPY in the area above the level of 113.10. USD/JPY forecast & technical analysis August 7, 2018 In favor of the growth of the pair USD/JPY will test the trend line on the indicator of relative strength…
Quotes of BRENT continue to move within the correction. At the time of publication of the forecast, the price of BRENT oil is $ 73.67 per barrel. At this point, we should expect an attempt to test the upper limit of the bearish channel near the level of $ 73.90 per barrel. Further, the continued fall in oil prices in the area below the level of $ 69.25. BRENT forecast & technical analysis August 7, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). The…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of correction and formation of the «Wedge» model. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3019. At the moment, we should expect an attempt to test the support level near the area of 1.2980 and continue the growth of the pair in the area above the level of 1.3185. USD/CAD forecast & technical analysis August 7, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on…
Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the price of GOLD is 1208 dollars per ounce. At this point, we should expect an attempt to test the upper border of the channel 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 1180. XAU/USD forecast GOLD & analysis August 7, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI).…
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 0.6727. At this point, we should expect an attempt to test the resistance level near the area of 0.6755 and continue falling into the area below the level of 0.6600. NZD/USD forecast & technical analysis August 7, 2018 In favor of reducing the pair NZD/USD will test the trend line on the indicator of relative strength index (RSI).…
Currency pair Dollar Franc USD/CHF continues to move within the framework of growth. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9975. At the moment, we should expect an attempt of testing the support area near the level of 0.9955 and the continuation of the growth of the US Dollar against the Swiss Franc with a target above 1.0070 level. USD/CHF forecast & technical analysis August 7, 2018 In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the indicator of relative strength…