Bitcoin Cash BCH/USD is trading at 771. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is near the level of 790, from which it is expected to attempt a rebound and continue the fall of the BCH/USD cryptocurrency with a target below the level of 675. Bitcoin Cash forecast & analysis BCH/USD August 1, 2018 An additional signal in favor of the fall of the cryptocurrency will come from the resistance area test, as well as the lower bound 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.
Currency pair Euro Dollar EUR/USD continues its movement within the framework of correction and formation of the «Triangle» model. An important event tomorrow will be publication of the Fed’s decision on the rate, which can push a couple beyond the limits of lateral traffic. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1723. At this point, we should expect an attempt to test the upper limit of the «Triangle» model near the area of 1.1735, from which we should expect an attempt to rebound and continue the decline of the Euro/Dollar with…
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 1.3155. At this point, we should expect an attempt to test the resistance area near the level of 1.3165, where again we should expect a rebound and continue the decline of the Pound against the Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2930. GBP/USD forecast & technical analysis August 1, 2018 In favor of reducing the pair…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the rate of the Australian Dollar to the US dollar is 0.7417. At the moment, we should expect an attempt to test the resistance area near the level of 0.7420 and continue falling quotations in the area below the level of 0.7305. AUD/USD forecast & technical analysis August 1, 2018 In favor of the fall of the AUD/USD pair, the trend line test will be performed on the relative strength…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 111.49. At this point, we should expect an attempt to test the upper limit of the «Triangle» model near the level of 111.20 and continue the growth of the pair USD/JPY in the area above the level of 112.45. USD/JPY forecast & technical analysis August 1, 2018 In favor of the growth of the pair USD/JPY will test the support line on the indicator…
Quotes of BRENT continue to move within the framework of an upward correction. At the time of publication of the forecast, the price of BRENT oil is 75.01 dollars per barrel. At the moment, we should expect an attempt to test the resistance area near the level of 76.50 dollars per barrel. Further, the continued fall in oil prices in the area below the level of 70.00. BRENT forecast & technical analysis August 1, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). The abolition…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of the reduction and formation of the «Wedge» model. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3045. At this point, we should expect an attempt to test the support level near the area of 1.2980 and continue to grow the pair in the area above the level of 1.3245. USD/CAD forecast & technical analysis August 1, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support area on…
Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the price of GOLD is 1218 dollars per ounce. At this point, we should expect an attempt to test the upper border of the channel near the area of 1225. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1195. XAU/USD forecast GOLD & analysis August 1, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI).…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction and formation of the «Triangle» model. At the time of publication of the forecast, the New Zealand Dollar rate against the US Dollar is 0.6813. At this point, we should expect an attempt to test the resistance level near the area of 0.6830 and continue falling to the area below the level of 0.6745. NZD/USD forecast & technical analysis August 1, 2018 In favor of reducing the pair NZD/USD will perform a downtrend test on the indicator of relative strength index (RSI).…
Currency pair Dollar Franc USD/CHF continues to move within the framework of the reduction and formation of the bullish model «Wolfe Wave». At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9879. At the moment, we should expect an attempt to test the support area near the level of 0.9855 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0010. USD/CHF forecast & technical analysis August 1, 2018 In favor of the pair’s growth, the Dollar/Franc will perform a test of the support area on…