Ripple XRP/USD completes the trading week at 0.3178 and continue to move within the bearish trend. At this point, we should expect a test of resistance level near the area of 0.3350. Whence again we should expect a rebound and the continuation of the fall of the cryptocurrency into the area below the level of 0.1350. Ripple weekly forecast & analysis September 3 — 7, 2018 In favor of lowering the quotes XRP/USD on the current trading week September 3 — 7, 2018 will test the bearish trend line on the indicator of relative strength index (RSI). Cancellation of the…
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.
Litecoin LTC/USD completes the trading week at 60.01 and continues to move in a bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the level of 65.00. Where again we should expect a rebound and an attempt to continue the development of the bearish trend for Litecoin with a target below 40.00. Litecoin weekly forecast & analysis September 3 — 7, 2018 In favor of lower LTC/USD quotations on the current trading week September 3 — 7, 2018, a resistance line test will be performed on the relative strength index…
Currency pair Euro Dollar EUR/USD continues to move within the framework of the rising channel. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1662. At this point, we should expect an attempt to test the lower border of the uplink near the area of 1.1625, where we can expect a rebound and the continued growth of the Euro/Dollar with a potential target above the level of 1.1820. EUR/USD forecast & technical analysis August 31, 2018 In favor of the growth of EUR/USD quotations, a test of the support line will be made…
Currency pair Pound/Dollar GBP/USD continues to move within the limits of growth. At the time of publication of the forecast, the rate of the Pound to the US dollar is 1.3022. At this point, we should expect an attempt to test the bottom of the rising channel near the level of 1.2900, where again we should expect a rebound and continued growth of the Pound against the Dollar. The target of the growth of the currency pair GBP/USD, within the framework of the Forex forecast, is the area above the level of 1.3170. GBP/USD forecast & technical analysis August 31,…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of the formation of the «Triangle» model. At the time of publication of the forecast, the Australian Dollar to the US Dollar rate is 0.7284. At the moment, we should expect an attempt to test the resistance area near the level of 0.7320 and continue falling quotations in the area below the level of 0.7180. AUD/USD forecast & technical analysis August 31, 2018 In favor of the fall of the pair AUD/USD will perform a bearish trend test on the indicator of relative strength index (RSI).…
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 rate of the US Dollar to the Japanese Yen is 111.35. At this point, we should expect an attempt to test the support area near the level of 110.60 and continue the growth of the pair USD/JPY in the area above the level of 113.25. USD/JPY forecast & technical analysis August 31, 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 in line with growth. At the time of publication of the forecast, the price of BRENT oil is 77.63 dollars per barrel. At the moment, we should expect an attempt to test the upper border of the channel near the level of $ 78.30 per barrel. Further, the beginning of the fall of the oil price in the area below the level of 75.25. BRENT forecast & technical analysis August 31, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the limits of the decline. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.2974. At this point, we should expect an attempt to test the resistance level near the area of 1.2990 and continue the fall of the currency pair with a potential target below the level of 1.2835. USD/CAD forecast & technical analysis August 31, 2018 In favor of lowering the quotes of the Canadian Dollar, a trend line test will be performed on the relative strength index (RSI),…
Quotes of GOLD continue to move within the bullish channel. At the time of publication of the forecast, the GOLD price is 1200 Dollars for the Troy Ounce. At this point, we should expect an attempt to test the level of support near the area of 1195. Where can we expect a rebound and the continued growth in the price of GOLD with a target above the level of 1230. XAU/USD forecast GOLD & analysis August 31, 2018 In favor of the growth of XAU/USD quotations, an uptrend test on the relative strength index (RSI) will perform, as well as…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At the time of publication of the forecast, the rate of the New Zealand Dollar against the US Dollar is 0.6655. At this point, we should expect an attempt to test the resistance level near the area of 0.6705 and continue falling to the area below the level of 0.6520. NZD/USD forecast & technical analysis August 31, 2018 In favor of reducing the pair NZD/USD will break the support line on the indicator of relative strength index (RSI), as well as the…