Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the GOLD price is 1201 Dollars per Ounce. At this point, we should expect an attempt to test the resistance level near the area of 1205. Where can we expect a rebound and the continuation of the fall in the price of gold with a target below the level of 1175 within the beginning of the «Triangle» model development. XAU/USD forecast GOLD & analysis August 14, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of…
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 0.6576. At this point, we should expect an attempt to test the resistance level near the area of 0.6635 and continue falling into the area below the level of 0.6405. NZD/USD forecast & technical analysis August 14, 2018 In favor of reducing the pair NZD/USD will test the trend line on the indicator of relative strength index (RSI). The cancellation of…
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 0.9945. At this point, we should expect an attempt to test the support area near the level of 0.9910 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0085 level. USD/CHF forecast & technical analysis August 14, 2018 In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of strong growth. At the time of publication of the forecast, the US dollar to the Russian Ruble rate is 68.11. At this point, we should expect a test of the support level near the area of 67.20 rubles for the US dollar and the continued growth of the pair in the area above the level of 70.60. USD/RUB forecast & technical analysis August 14, 2018 In favor of the growth of the pair USD/RUB, a trend line test will be performed on the indicator of relative…
Ripple XRP/USD traded at 0.2928 and continue to move within the bearish trend. At the moment, we should expect an attempt to test the upper border of the channel near the level of 0.3050 and continue the decline of the cryptocurrency in the area below the level of 0.2250. Ripple (XRP/USD) technical analysis August 14, 2018 In favor of falling quotations XRP/USD will test the trend line on the indicator of relative strength index (RSI). Canceling the option to reduce the cryptocurrency will be a strong growth and breakdown of the upper border of the channel and the closing of…
Litecoin LTC/USD are traded at the level of 59.66 and continue to move within the bearish trend. At this point, we should expect an attempt to test the upper boundary of the downward channel near the area of 61.50. Where again we should expect a rebound and the continued decline in the Litecoin exchange rate with a target below the level of 48.50. Litecoin (LTC/USD) technical analysis August 14, 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 variant will…
Ethereum ETH/USD are traded at the level of 318 and continue to move within the limits of the decline. At this point, we should expect an attempt to test the upper boundary of the bearish channel near area 335. Where again we should expect a rebound and the continued fall of the Ethereum rate with a target below the level of 250. Ethereum (ETH/USD) technical analysis August 14, 2018 In favor of falling quotations ETH/USD will test the trend line on the indicator of relative strength index (RSI). Canceling the variant of the fall of the cryptocurrency will be a…
Bitcoin BTC/USD are traded at 6433 and continue to move within the correction. At this point, we should expect an attempt to test the resistance level near the area of 6650. 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 5550. Bitcoin (BTC/USD) technical analysis August 14, 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 of the area 6950,…
Bitcoin BTC/USD is trading at 6312. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the level of 6420, from which we expect a rebound and an attempt to continue the fall of Bitcoin’s crypto currency with a target at 5550. Bitcoin forecast & analysis BTC/USD August 13, 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 of the channel. Earlier, a weak…
Ethereum ETH/USD is traded at the level of 317. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near level 345 is expected, from which one should expect a rebound and an attempt to continue falling ETH/USD with a target below the level of 260. Ethereum forecast & analysis ETH/USD August 13, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the channel, as…