Ripple XRP/USD completes the trading week at 0.44 and continue to move in the bearish trend. At this point, we should expect a test of the resistance level near the 0.50 area. Whence again we should expect a rebound and the continuation of the fall of the cryptocurrency into the area below the level of 0.30. Ripple weekly forecast & analysis July 23 — 27, 2018 In favor of lowering the quotes XRP/USD will test the trend line on the indicator of relative strength index (RSI), as well as test the upper boundary of the bearish channel. Cancellation 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 completes the trading week at 463 and continues to move in a bearish trend. At this point, we should expect a resistance level attempt near the area of 490. Again, we expect a rebound and the continued decline in the Ethereum rate with a target below 325. Ethereum weekly forecast & analysis July 23 — 27, 2018 In favor of lowering quotations ETH/USD will test the resistance line on the indicator of relative strength index (RSI), as well as test the upper boundary of the bearish channel. The cancellation of the fall option will result in a strong…
Bitcoin BTC/USD completes the trading week at 7354 and continues to move within the correction. At this point, we should expect an attempt to test the lower limit of the model «Triangle» near the level of 7500. Where again we should expect a rebound and an attempt to continue the depreciation of Bitcoin with a target below 4700. Bitcoin weekly forecast & analysis July 23 — 27, 2018 In favor of falling quotes BTC/USD will perform a downtrend test on the indicator of relative strength index (RSI). The abolition of the Bitcoin reduction option will be a strong growth and…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1650 and continues to move within the framework of the «Triangle» model. At this point, we should expect an attempt to test the upper limit of the model near the level of 1.1740 and the beginning of the fall of the euro/dollar in the area below the level of 1.1200 within the framework of the start of the model’s development. EUR/USD weekly forecast & analysis July 23 — 27, 2018 In favor of the EUR/USD decline, a test of a broken trend line will appear on the…
Quotes of BRENT crude oil close the trading week near the area of 72.77 dollars per barrel. It is worth waiting for an attempt to test the lower limit of the «Triangle» model near the level of 75.50 and the beginning of the fall of oil in the area below the level of 63.00 dollars per barrel. BRENT crude oil forecast & analysis July 23 — 27, 2018 An additional signal in favor of falling oil prices this week will be a test of the resistance line on the indicator of relative strength index (RSI). Canceling the variant of falling…
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3018. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the resistance area near the level of 1.3240 and continue falling quotations in the area below the level of 1.2570. GBP/USD weekly forecast & analysis July 23 — 27, 2018 In favor of the decline of the British Pound, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall of the GBP/USD pair will result in strong…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 63.59 Russian Ruble for the US Dollar. The pair continues to move within the framework of correction and formation of the «Triangle» model. At the moment, we should expect a test of the resistance area near the level of 62.70 and the continuation of the pair’s growth above the level of 66.70. USD/RUB weekly forecast & analysis July 23 — 27, 2018 In favor of the growth of the Dollar Ruble pair will test the trend line on the indicator of relative strength index…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7365. The pair continues to move in a bearish trend. At the moment, we should expect an attempt to test the upper border of the channel near the area of 0.7450 and continue the fall of AUD/USD with a target below 0.7120. AUD/USD weekly forecast & analysis July 23 — 27, 2018 In favor of the fall of the pair on Forex will test the downward trend line on the indicator of relative strength index (RSI). The abolition of the AUD/USD decline option will be…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3256. The pair continues to move within the correction. At this point, we should expect an attempt to test the level of support near the level of 1.3120 and the beginning of the growth of quotations with a target above the level of 1.3580. USD/CAD weekly forecast & analysis July 23 — 27, 2018 In favor of the growth of the pair USD/CAD will test the trend line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD growth scenario on…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 112.37. The pair continues to move within the bullish trend. At this point, we should expect an attempt to test the support level near the area of 111.80 and continue the growth of the pair in the area above the level of 115.80. USD/JPY weekly forecast & analysis July 23 — 27, 2018 In favor of the growth of the pair, the Dollar/Yen will test the trend line on the relative strength indicator, as well as test the upper boundary of the…