Currency pair US Dollar Russian Ruble USD/RUB continues to move within the rising channel. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 67.53. At the moment, we should expect an attempt to test the lower limit of the bullish channel near the area of 67.05 Russian Rubles for the US Dollar and the continued growth of the pair in the area above the level of 70.30. USD/RUB forecast & technical analysis August 29, 2018 In favor of the growth of the pair USD/RUB, an uptrend line test will be performed on…
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.
Bitcoin BTC/USD are traded at the level of 7044 and continue to move within the ascending channel. Capitalization of the cryptocurrency at the time of publication of the forecast is $ 121 652 086 272. At this point, we should expect a test of the support level near the 6800 area. 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 7800. Bitcoin (BTC/USD) technical analysis August 29, 2018 In favor of the growth of quotations BTC/USD will perform a test of the support line…
Ethereum ETH/USD are traded at 288 and continue to move in the formation of the model «Triangle». Capitalization of the cryptocurrency at the time of publication of the forecast is $ 29 307 848 917. At this point, we should expect a test of the support level near the 270 area. Again, we expect a rebound and the continued growth of the Ethereum rate with a target above 350. Ethereum (ETH/USD) technical analysis August 29, 2018 In favor of the growth of quotations ETH/USD will test a broken trend line on the indicator of relative strength index (RSI). Cancellation of…
Litecoin LTC/USD are traded at the level of 61.24 and continue to move within the framework of the «Triangle» model formation. Capitalization of the cryptocurrency at the time of publication of the forecast is $ 3 559 793 221. At the moment, it is worth waiting for a test of the support level test near the area of 57.50. Where again we should expect a rebound and the continued growth of the Litecoin exchange rate with a target above 68.00. Litecoin (LTC/USD) technical analysis August 29, 2018 In favor of LTC/USD quotes growth, a support line test will be performed…
Ripple XRP/USD traded at 0.3391 and continue to move within the bearish channel. Capitalization of the cryptocurrency at the time of publication of the forecast is $ 13 693 121 812. At this point, 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 0.2700. Ripple (XRP/USD) technical analysis August 29, 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…
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 1.1617. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the area of 1.1665, where we can expect a rebound and the start of the decline of the Euro/Dollar with a potential target below the level of 1.1360. EUR/USD forecast & technical analysis August 28, 2018 In favor of falling quotations EUR/USD will test the resistance area on the indicator…
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 1.2851. At this point, we should expect an attempt to test the upper limit of the bearish channel near the level of 1.2920, where again we should expect a rebound and continue the decline of the British Pound against the US Dollar. The target of reducing the currency pair GBP/USD, within the Forex forecast is the area below the level of 1.2635. 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 rate of the Australian Dollar to the US dollar is 0.7314. At the moment, we should expect an attempt to test the resistance area near the level of 0.7340 and continue falling quotations in the area below the level of 0.7145. AUD/USD forecast & technical analysis August 28, 2018 In favor of the fall of the AUD/USD pair, a resistance area test will be performed on the relative strength index…
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 111.07. At this point, we should expect an attempt to test the support area near the level of 110.70 and continue the growth of the pair USD/JPY in the area above the level of 112.25. USD/JPY forecast & technical analysis August 28, 2018 In favor of the growth of the pair USD/JPY will test the trend line on…
Quotes of BRENT continue to move in line with growth. At the time of publication of the forecast, the price of BRENT oil is $ 75.60 per barrel. At the moment, we should expect an attempt to test the upper limit of the bearish channel near the level of 77.10 dollars per barrel. Further, the beginning of the fall of the oil price in the area below the level of 71.70. BRENT forecast & technical analysis August 28, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength…