Currency pair US Dollar Russian Ruble USD/RUB 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 to the Russian Ruble rate is 63.60. At the moment, we should expect an attempt to test the support area near the level of 63.35 Russian Ruble for the US Dollar and start the pair’s growth in the area above the level of 65.75. USD/RUB forecast & technical analysis August 7, 2018 In favor of the growth of the pair USD/RUB, a breakdown of the resistance line will…
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 BTC/USD traded at the level of 6968 and continue to move within the correction. At this point, we should expect an attempt to test the bottom of the uplink near the 7050 area. Where 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 6500. Bitcoin (BTC/USD) technical analysis August 7, 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 and breakdown…
Ethereum ETH/USD traded at 406 and continue to move within the limits of the decline. At this point, we should expect an attempt to test the resistance level near the area 415. Where again we should expect a rebound and the continued decline in the Ethereum rate with a target below the level of 360. Ethereum (ETH/USD) technical analysis August 7, 2018 In favor of falling quotations ETH/USD will form a reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). Canceling the variant of the fall of the cryptocurrency will be a strong growth and breakdown…
Litecoin LTC/USD traded at 73.68 and continue to move in a bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 76.00. Where again we should expect a rebound and the continued decline of the Litecoin exchange rate with a target below 65.00. Litecoin (LTC/USD) technical analysis August 7, 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 abolition of the fall option will be a strong growth and breakdown of the area of 80.00,…
Ripple XRP/USD traded at 0.4135 and continue to move within a bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.4455 and continue the decline of the cryptocurrency in the area below the level of 0.4165. Ripple (XRP/USD) technical analysis August 7, 2018 In favor of falling quotations XRP/USD will perform a test of the broken line on the indicator of relative strength index (RSI). The abolition of the cryptocurrency reduction option will be a strong growth and breakdown of the upper limit of the «Triangle» model and the closing…
Bitcoin BTC/USD is traded at the level of 7009. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near the 7220 level is expected, from which we expect a rebound and an attempt to continue the fall of Bitcoin cryptocurrency with a target at 6320. Bitcoin forecast & analysis BTC/USD August 6, 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…
Ethereum ETH/USD is traded at the level of 407. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test near the 420 level, from which one should expect a rebound and an attempt to continue falling ETH/USD with a target below the level of 360. Ethereum forecast & analysis ETH/USD August 6, 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…
Litecoin LTC/USD is trading at 74.19. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The test area of the Ichimoku Kinko Hyo signal lines near the 74.50 level is expected, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below 67.00. Litecoin forecast & analysis LTC/USD August 6, 2018 An additional signal in favor of reducing the Litecoin cryptocurrency will be a test of the resistance area, as well as a test of the upper boundary of the bearish…
Ripple XRP/USD is trading at 0.4221. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.4250, where we expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target close to the level of 0.3750. Ripple forecast & analysis XRP/USD August 6, 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 upper…
Bitcoin Cash BCH/USD is traded at the level of 706. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is near the 725 level, 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 605. Bitcoin Cash forecast & analysis BCH/USD August 6, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a…