Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the price of GOLD is 1186 dollars per ounce. At this point, we should expect an attempt to test the resistance level near the area of 1195. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1145. XAU/USD forecast GOLD & analysis August 16, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI), as well as…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the limits of the decline. At the time of publication of the forecast, the New Zealand Dollar rate to the US Dollar is 0.6554. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the area of 0.6595 and continue falling into the area below the level of 0.6440. NZD/USD forecast & technical analysis August 16, 2018 In favor of reducing the pair NZD/USD will test the trend line on the indicator of relative strength index…
Currency pair Dollar Franc USD/CHF continues to move within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9974. At the moment, we should expect a test of the support area near the level of 0.9925 and the continuation of the US Dollar against the Swiss Franc with a target above 1.0085. USD/CHF forecast & technical analysis August 16, 2018 In favor of the growth of the Dollar Franc pair will perform a test of the support line on the indicator of…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of a bearish correction. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 66.75. At this point, we should expect an attempt to test the bottom of the uplink near the area of 65.75 rubles for the US dollar and the continued growth of the pair in the area above the level of 70.00. USD/RUB forecast & technical analysis August 16, 2018 In favor of the growth of the pair USD/RUB, a trend line test will be performed on…
Bitcoin BTC/USD are traded at the level of 6316 and continue to move within the framework of the bullish correction. At this point, we should expect a test of the resistance level near the area of 6550. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below the level of 5400. Bitcoin (BTC/USD) technical analysis August 16, 2018 In favor of lower quotations BTC/USD will test the resistance area on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall…
Ethereum ETH/USD are traded at 279 and continue to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near area 295. Where again we should expect a rebound and the continued fall of the Ethereum rate with a target below the level of 195. Ethereum (ETH/USD) technical analysis August 16, 2018 In favor of falling quotations ETH/USD will test the trend line on the indicator of relative strength index (RSI). Cancellation of the variant of the cryptocurrency fall will be a strong growth and breakdown of the level…
Litecoin LTC/USD are traded at the level of 55.41 and continue to move within a bearish trend. At this point, we should expect a test of resistance level near the area of 57.00. Where again we should expect a rebound and the continued decline of the Litecoin exchange rate with a target below the level of 45.00. Litecoin (LTC/USD) technical analysis August 16, 2018 In favor of the decline in LTC/USD quotations, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall option will result in a strong growth and…
Ripple XRP/USD traded at 0.2707 and continue to move within the bearish. At the moment, we should expect an attempt to test the resistance area near the level of 0.2800 and continue the decline of the cryptocurrency in the area below the level of 0.1650. Ripple (XRP/USD) technical analysis August 16, 2018 In favor of falling quotations XRP/USD will test the trend line on the indicator of relative strength index (RSI). The cancellation of the option to reduce the cryptocurrency will be a strong growth and the closing of quotations above the level of 0.3100, which will indicate a breakdown…
Bitcoin BTC/USD is trading at 6037. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. As part of the forecast of the digital currency exchange rate, Ichimoku Kinko Hyo signal line area test is expected near the level of 6150, from which one should expect a rebound and an attempt to continue the fall of Bitcoin cryptocurrency with a target at 5080. Bitcoin forecast & analysis BTC/USD August 15, 2018 In favor of lowering the quotations of the BTC/USD cryptocurrency, a resistance level test will perform, as well as…
Ethereum ETH/USD is trading at 255. 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 the 280 level is expected, from which one should expect a rebound and an attempt to continue falling ETH/USD with a target below the level of 185. Ethereum forecast & analysis ETH/USD August 15, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the upper border of the bearish channel, as well as a rebound from…