Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of correction and formation of the «Head and Shoulders» reversal model. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3068. At this point, we should expect an attempt to test the support level near the 1.3025 area and continue the growth of the pair with a potential target above the level of 1.3330. USD/CAD forecast & technical analysis August 21, 2018 In favor of the growth of quotations of the Canadian Dollar, a trend line test will be…
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.
Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the GOLD price is 1188 Dollars for the Troy Ounce. At this point, we should expect an attempt to test the resistance level near the area of 1195. Where can we expect a rebound and the continuation of the fall in the price of GOLD for a target below the level of 1135. XAU/USD forecast GOLD & analysis August 21, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI), as well…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At the time of publication of the forecast, the New Zealand Dollar rate to the US Dollar is 0.6617. At this point, we should expect an attempt to test the resistance level near the area of 0.6635 and continue falling into the area below the level of 0.6490. NZD/USD forecast & technical analysis August 21, 2018 In favor of reducing the pair NZD/USD will test the resistance area on the indicator of relative strength index (RSI). The cancellation of the New Zealand…
Currency pair Dollar Franc USD/CHF 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 against the Swiss Franc is 0.9957. At the moment, we should expect an attempt of testing the support area near the level of 0.9930 and the continuation of the growth of the US dollar against the Swiss Franc with a target above 1.0050 level. USD/CHF forecast & technical analysis August 21, 2018 In favor of the growth of the Dollar/Franc pair will perform a test of the support line…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of a bearish correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 67.07. At this point, we should expect an attempt to test the lower limit of the channel near the area of 66.60 rubles for the US dollar and the continued growth of the pair in the area above the level of 70.00. USD/RUB forecast & technical analysis August 21, 2018 In favor of the growth of the pair USD/RUB, a…
Bitcoin BTC/USD are traded at the level of 6369 and continue to move within the correction and formation of the «Triangle» model. At this point, we should expect a test of the resistance level near the area of 6470. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below the level of 5880. Bitcoin (BTC/USD) technical analysis August 21, 2018 In favor of lower quotations BTC/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the Bitcoin drop option will result…
Ethereum ETH/USD are traded at 285 and continue to move within the bearish channel. At this point, we should expect an attempt to test the upper boundary of the channel area of 290. Where again we should expect a rebound and the continued decline in the Ethereum rate with a goal below the level of 190. Ethereum (ETH/USD) technical analysis August 21, 2018 In favor of falling quotations ETH/USD will form a reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). Cancellation of the variant of the cryptocurrency fall will be a strong growth and breakdown…
Litecoin LTC/USD are traded at 55.00 and continue to move in the bearish trend. At this point, we should expect an attempt to test the upper boundary of the channel near the area of 56.00. Where again we should expect a rebound and the continued decline of the Litecoin exchange rate with a target below the level of 45.00. Litecoin (LTC/USD) technical analysis August 21, 2018 In favor of the decline in LTC/USD quotes, there will be a rebound from the resistance area on the indicator of relative strength index (RSI), as well as the formation of the «Head and…
Ripple XRP/USD traded at 0.3176 and continue to move within a bearish trend. At this point, we should expect an attempt to test the resistance area near the level of 0.3370 and continue the fall of the cryptocurrency in the area below the level of 0.2270. Ripple (XRP/USD) technical analysis August 21, 2018 In favor of lowering the quotes XRP/USD will make the formation of the reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). Cancellation of the variant of the fall of the cryptocurrency will be a strong growth and closing of quotations above the…
Bitcoin BTC/USD is traded at 6503. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin. As part of the forecast of the digital currency exchange rate, the Ichimoku Kinko Hyo signal line area test is expected near the level of 6350, from which one should expect a rebound and an attempt to continue the growth of Bitcoin cryptocurrency with a target at 7300 level. Bitcoin forecast & analysis BTC/USD August 20, 2018 In favor of the growth of the BTC/USD cryptocurrency quotes, a support area test will perform, as well as a…