Ripple XRP/USD traded at 0.3404 and continue to move within the downlink. Capitalization of the cryptocurrency at the time of publication of the forecast is $13 756 682 483. At the moment, we should expect an attempt to test the upper border of the channel near the level of 0.3490 and continue the fall of the cryptocurrency into the area below the level of 0.2200. Ripple (XRP/USD) technical analysis August 30, 2018 In favor of lowering the quotations of XRP/USD, a downtrend test on the relative strength index (RSI) will perform. Cancellation of the variant of the fall 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.
Currency pair Euro Dollar EUR/USD continues to move within the framework of the bullish correction. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1720. At the moment, we should expect an attempt to test the upper limit of the bearish channel near the area of 1.1645, from which we should expect the rebound and the continued growth of the Euro/Dollar with a potential target above the level of 1.1990. EUR/USD forecast & technical analysis August 29, 2018 In favor of the growth of EUR/USD quotations, a test of the support line will…
Currency pair Pound/Dollar GBP/USD continues to move within the framework of a bullish correction. At the time of publication of the forecast, the rate of the Pound to the US dollar is 1.2916. At this point, we should expect an attempt to test the upper limit of the descending channel near the level of 1.2960, where again we should expect a rebound and a continued decrease in the British Pound against the US Dollar. The target of reducing the GBP/USD currency pair, within the Forex forecast is the area below the level of 1.2675. GBP/USD forecast & technical analysis August…
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 0.7353. At the moment, we should expect an attempt to test the resistance area near the level of 0.7375 and continue falling quotations in the area below the level of 0.7240. AUD/USD forecast & technical analysis August 29, 2018 In favor of the fall of the pair AUD/USD will form a reversal model «Head and Shoulders» on the indicator of relative strength…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and start of the «Wedge» model. At the time of publication of the forecast, the rate of the US Dollar to the Japanese Yen is 111.03. 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 112.50. USD/JPY forecast & technical analysis August 29, 2018 In favor of the growth of the pair USD/JPY, a trend line test will be…
Quotes of BRENT continue to move in line with growth. At the time of publication of the forecast, the price of BRENT oil is 76.80 dollars per barrel. At this point, we should expect an attempt to test the upper limit of the bearish channel near the level of 77.40 dollars per barrel. Further, the beginning of the fall of the oil price in the area below the level of 73.35. BRENT forecast & technical analysis August 29, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within a bearish correction. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.2908. At the moment, we should expect an attempt to test the resistance level near the area of 1.2980 and continue the fall of the currency pair with a potential target below the level of 1.2780. USD/CAD forecast & technical analysis August 29, 2018 In favor of lowering the quotes of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength index (RSI).…
Quotes of GOLD continue to move within the correction. At the time of publication of the forecast, the GOLD price is 1212 Dollars for the Troy Ounce. At this point, we should expect a test of the support level near the 1200 area. Where can we expect a rebound and the continued growth in the price of GOLD with a target above the level of 1240. XAU/USD forecast GOLD & analysis August 29, 2018 In favor of the growth of quotations XAU/USD will test the upward trend line on the indicator of relative strength index (RSI). Cancellation of the variant…
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 New Zealand Dollar rate against the US Dollar is 0.6714. At this point, we should expect an attempt to test the resistance level near the area of 0.6730 and continue falling to the area below the level of 0.6580. NZD/USD forecast & technical analysis August 29, 2018 In favor of reducing the pair NZD/USD will test the resistance area on the indicator of relative strength index (RSI). The cancellation of the New Zealand…
Currency pair Dollar Franc USD/CHF continues to move in the fall. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9749. At the moment, we should expect an attempt to test the resistance area near the level of 0.9820 and continue the fall of the US Dollar against the Swiss Franc with a target below 0.9665. USD/CHF forecast & technical analysis August 29, 2018 In favor of reducing the pair, Dollar/Franc will perform a bearish trend test on the indicator of relative strength index (RSI). Canceling the fall of the USD/CHF pair…