Litecoin LTC/USD is trading at 61.40. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo signal line area test is expected near the level of 63.40, from which it is expected to rebound and attempt to continue falling of LTC/USD with a target below the level of 51.50. Litecoin forecast & analysis LTC/USD August 11, 2018 An additional signal in favor of lowering the Litecoin cryptocurrency will be the test of the upper boundary of the bearish channel. Earlier, a weak signal was received for sales…
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.
Ripple XRP/USD is trading at 0.3223. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.3400 is expected, from which we should expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target near the level of 0.2650. Ripple forecast & analysis XRP/USD August 11, 2018 An additional signal in favor of reducing the cryptocurrency of XRP/USD will be the test of the upper boundary of the bearish channel. Earlier,…
Bitcoin Cash BCH/USD is trading at 590. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The test area of the Ichimoku Kinko Hyo signal lines near the level 615 is expected, from which it is expected to attempt a rebound and continue the fall of the BCH/USD cryptocurrency with a target below 480. Bitcoin Cash forecast & analysis BCH/USD August 11, 2018 An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel. Earlier, a…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1452 and continues to move within the start of the «Triangle» model development. At the moment, we should expect an attempt to test the lower limit of the model near the level of 1.1550 and continue the fall of the euro/dollar to the area below the level of 1.0915. EUR/USD weekly forecast & analysis August 13 — 17, 2018 In favor of the EUR/USD decline, a resistance line test will be performed on the relative strength index (RSI). The cancellation of the fall of the pair’s quotations…
Quotes of BRENT crude oil close the trading week near the region of 71.86 dollars per barrel. It is worth waiting for an attempt to test the lower limit of the «Triangle» model near the level of 75.50 and the beginning of the fall of oil in the area below the level of 61.50 dollars per barrel. BRENT crude oil forecast & analysis August 13 — 17, 2018 An additional signal in favor of falling oil prices this week will be a test of the resistance line on the indicator of relative strength index (RSI). Canceling the option of lowering…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2750. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the resistance area near the level of 1.2925 and continue falling quotations in the area below the level of 1.2250. GBP/USD weekly forecast & analysis August 13 — 17, 2018 In favor of the decline of the British Pound, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall of the GBP/USD pair will result in a…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 66.72 Russian Rubles for the US Dollar. The pair continues to move within the framework of strong growth and the start of the «Triangle» model development. At the moment, we should expect a test of the support area near the level of 65.20 and the continuation of the pair’s growth above the level of 71.80. USD/RUB weekly forecast & analysis August 13 — 17, 2018 In favor of the growth of the Dollar/Ruble pair will test the trend line on the indicator of relative…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7293. The pair continues to move in a bearish trend. At the moment, we should expect an attempt to test the upper border of the channel near the area of 0.7395 and continue the fall of AUD/USD with a target below 0.7050. AUD/USD weekly forecast & analysis August 13 — 17, 2018 In favor of the fall of the pair on Forex will test the downward trend line on the indicator of relative strength index (RSI). The cancellation of the AUD/USD decline option will result…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3117. The pair continues to move within the bullish channel. At this point, we should expect a test of the support level near the 1.2920 area and the beginning of the growth of quotations with a target above 1.3685 level. USD/CAD weekly forecast & analysis August 13 — 17, 2018 In favor of the growth of the pair USD/CAD will test the upward trend line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD growth scenario on the current trading…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 110.88. The pair continues to move within the bullish channel. At this point, we should expect an attempt to test the support level near the area of 110.70 and continue the growth of the pair to an area above the level of 117.50. USD/JPY weekly forecast & analysis August 13 — 17, 2018 In favor of the growth of the pair, the Dollar/Yen will test the trend line on the relative strength index (RSI), as well as test the lower boundary of…