Currency pair Dollar Franc USD/CHF continues to move within the bearish channel. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9911. At the moment, we should expect an attempt to test the resistance area near the level of 0.9945 and continue the decline of the US Dollar against the Swiss Franc with a target below 0.9795. USD/CHF forecast & technical analysis August 2, 2018 In favor of the fall of the pair, the Dollar/Franc will perform a resistance line test on the relative strength index (RSI). The cancellation of the USD/CHF…
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 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 rate to the Russian Ruble is 62.73. At the moment, we should expect an attempt to test the lower limit of the «Triangle» model near the level of 62.25 rubles for the US Dollar and start the pair’s growth in the area above the level of 65.60. USD/RUB forecast & technical analysis August 2, 2018 In favor of the growth of the pair USD/RUB will perform a test…
Bitcoin BTC/USD traded at the level of 7528 and continues to move within the correction. At this point, we should expect an attempt to test the lower boundary of the channel near the area of 7500. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above the level of 9150. Bitcoin (BTC/USD) technical analysis August 2, 2018 In favor of the growth of quotations BTC/USD will test the trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be…
Ethereum ETH/USD traded at the level of 420 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 of 435. Where again we should expect a rebound and the continued fall of the Ethereum rate with a target below the level of 390. Ethereum (ETH/USD) technical analysis August 2, 2018 In favor of falling quotes ETH/USD will perform a downtrend test on the indicator of relative strength index (RSI). Canceling the variant of the fall of the cryptocurrency will be a strong growth and…
Stock index DAX 30 continues to move within the bullish channel. At the time of publication of the forecast, the exchange index rate is 12748. At the moment, we should expect an attempt of the test of the lower border of the uplink near the area of 12680. Where can we expect a rebound and the continued growth of quotations DAX 30 in the region above the level of 13100. DAX 30 forecast & technical analysis August 2, 2018 In favor of the growth of quotations of the stock index, a trend line test will be performed on the indicator…
Litecoin LTC/USD traded at the level of 77.34 and continue to move within the bearish trend. At this point, we should expect a test of resistance level near the area of 79.00. Where again we should expect a rebound and the continued decline in the Litecoin exchange rate with a target below 70.00. Litecoin (LTC/USD) technical analysis August 2, 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 83.00 area,…
Ripple XRP/USD traded at 0.4334 and continue to move within the bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.4455 and continue to reduce the cryptocurrency in the area below the level of 0.4050. Ripple (XRP/USD) technical analysis August 2, 2018 In favor of falling quotations XRP/USD will test the resistance area 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 quotes above the level…
Ethereum ETH/USD is trading at 429. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near level 445 is expected, from which one should expect a rebound and an attempt to continue falling ETH/USD with a target below the level of 390. Ethereum forecast & analysis ETH/USD August 1, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary of…
Litecoin LTC/USD is trading at 77.24. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 80.00 is expected, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below 70.00. Litecoin forecast & analysis LTC/USD August 1, 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 0.4212. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo signal line area test is expected near the level of 0.4350, 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 0.3800. Ripple forecast & analysis XRP/USD August 1, 2018 An additional signal in favor of reducing the XRP/USD cryptocurrency will be the resistance area test, as well as the lower bound of the «Triangle» model. Earlier,…