Bitcoin BTC/USD is traded at the level of 7679. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the 7450 level is expected, from which we should expect a rebound and an attempt to continue the growth of Bitcoin cryptocurrency with a target at 8100. Bitcoin forecast & analysis BTC/USD July 24, 2018 In favor of the growth of the cryptocurrency BTC/USD, the support area test will perform, as well as the test of the lower border of the…
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.
Ethereum ETH/USD is traded at the level of 459. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test near the 465 level, from which one should expect a rebound and an attempt to continue falling ETH/USD with a target below the level of 420. Ethereum forecast & analysis ETH/USD July 24, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, a weak signal was received…
Litecoin LTC/USD is trading at 84.55. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. Ichimoku Kinko Hyo Cloud upper test is expected near the level of 85.30, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below 74.00. Litecoin forecast & analysis LTC/USD July 24, 2018 An additional signal in favor of reducing the Litecoin cryptocurrency will be a resistance level test. Earlier, we received a weak signal for sell of Litecoin cryptocurrency, due to the crossing of signal…
Ripple XRP/USD is trading at 0.44. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of Ichimoku Kinko Hyo signal lines near 0.45 is expected, from which we should expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target close to the level of 0.38. Ripple forecast & analysis XRP/USD July 24, 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 sell of…
Bitcoin Cash BCH/USD is trading at 809. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the 780 level is expected to be tested near the level of 780, 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 895. Bitcoin Cash forecast & analysis BCH/USD July 24, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as the…
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 1.1687. At this point, we should expect an attempt to test the resistance level near the area of 1.1740, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1400 as part of the «Triangle» model development. EUR/USD forecast & technical analysis July 24, 2018 In favor of falling quotations EUR/USD will test the trend 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 British Pound to the US Dollar is 1.3114. At this point, we should expect an attempt to test the resistance area near the level of 1.3140, where again we should expect a rebound and continue the decline of the British Pound against the US Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2880. GBP/USD forecast & technical analysis July 24, 2018 In favor of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of a bullish correction. At the time of publication of the forecast, the rate of the Australian Dollar against the US Dollar is 0.7399. At the moment, we should expect a test of the resistance area near the level of 0.7425 and the continuation of the fall of quotations in the area below the level of 0.7280. AUD/USD forecast & technical analysis July 24, 2018 In favor of the fall of the pair AUD/USD will make the formation of the reversal model «Head and Shoulders» on…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of a strong decline. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 111.11. At the moment, we should expect an attempt to test the support area near the level of 110.65 and continue the growth of the pair USD/JPY in the area above the level of 113.50. USD/JPY forecast & technical analysis July 24, 2018 In favor of the growth of the pair USD/JPY, an uptrend test on the relative strength index (RSI) will…
Quotes of BRENT continue to move within the framework of the ascending correction. At the time of publication of the forecast, the price of BRENT oil is 73.76 dollars per barrel. At the moment, we should expect an attempt to test the resistance area near the level of 74.05 dollars per barrel. Further, the continued fall in oil prices in the area below the level of 68.70. BRENT forecast & technical analysis July 24, 2018 In favor of falling quotes and oil prices BRENT will test the resistance area on the indicator of relative strength index (RSI). The abolition of…