Litecoin LTC/USD completes the trading week at 83 and continues to move in a bearish trend. At this point, we should expect a test of the resistance area near the level of 100. Where again we should expect a rebound and an attempt to continue the depreciation of Litecoin with a target below the level of 45. Litecoin weekly forecast & analysis July 30 — August 3, 2018 In favor of falling quotes LTC/USD will perform a downtrend test on the indicator of relative strength index (RSI). The abolition of the Litecoin decline option will be a strong growth and…
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 is trading at 8204. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near the 7900 level is expected, from which we should expect a rebound and an attempt to continue the growth of Bitcoin cryptocurrency with a target at 8800 level. Bitcoin forecast & analysis BTC/USD July 27, 2018 In favor of the growth of the BTC/USD cryptocurrency, the support area test will perform, as well as the test of the lower border of the channel.…
Ethereum ETH/USD is traded at 475. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test near the 465 level, from which it is expected to rebound and try to continue the growth of ETH/USD with a target above the level of 510. Ethereum forecast & analysis ETH/USD July 27, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Earlier, a weak signal was received for buy of the Ethereum cryptocurrency,…
Litecoin LTC/USD is trading at the level of 86.41. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 84.60, from which one should expect a rebound and an attempt to continue the growth of LTC/USD with a target below 95.00. Litecoin forecast & analysis LTC/USD July 27, 2018 An additional signal in favor of the growth of the Litecoin cryptocurrency will be a test of the support level, as well as a rebound from the…
Ripple XRP/USD is trading at 0.4489. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud is expected to test near the 0.4500 level, 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 0.4000. Ripple forecast & analysis XRP/USD July 27, 2018 An additional signal in favor of reducing the cryptocurrency of XRP/USD will be a resistance level test. Earlier, we received a weak signal for buy of Ripple cryptocurrency,…
Bitcoin Cash BCH/USD is traded at 830. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level of 815 is expected, from which it is expected to attempt a rebound and continue the growth of the BCH/USD cryptocurrency with a target above the level of 950. Bitcoin Cash forecast & analysis BCH/USD July 27, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as…
Currency pair Euro Dollar EUR/USD continues its movement within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1711. At this point, we should expect an attempt to test the resistance level near the area of 1.1735, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1510 as part of the «Triangle» model development. EUR/USD forecast & technical analysis July 27, 2018 In favor of falling quotations EUR/USD will test the resistance line…
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 1.3175. At this point, we should expect an attempt to test the resistance area near the level of 1.3240, where again we should expect a rebound and a continued decrease in the Pound/Dollar. The target of the fall of the pair GBP/USD is the area below the level of 1.2750. GBP/USD forecast & technical analysis July 27, 2018 In favor of reducing the pair on Forex will…
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 against the US dollar is 0.7427. At the moment, we should expect an attempt to test the resistance area near the level of 0.7445 and continue falling quotations in the area below the level of 0.7210. AUD/USD forecast & technical analysis July 27, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 110.71. At this point, we should expect an attempt to test the lower border of the channel near the level of 110.10 and continue the growth of the pair USD/JPY in the area above the level of 112.65. USD/JPY forecast & technical analysis July 27, 2018 In favor of the growth of the pair USD/JPY will perform a test of the support area on the indicator…