GOLD XAU/USD close the trading week near the area of 1222. Quotes continue to move in a downward. At the moment, we should expect the test of the upper border of the channel near the area of 1235 and the continuation of the fall in the price of GOLD below the level of 1160. XAU/USD weekly forecast & analysis July 23 — 27, 2018 In favor of falling quotations and prices for GOLD will perform a downtrend test on the indicator of relative strength index (RIS), as well as a test of the lower boundary of the bullish channel. The…
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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 the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6753. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the upper limit of the downlink near the level of 0.6780 and continue falling below the level of 0.6470. NZD/USD weekly forecast & analysis July 23 — 27, 2018 In favor of reducing the NZD/USD currency pair, a downtrend test on the relative strength index (RSI) will perform. The reversal of the fall variant will be a strong growth and breakdown of…
Currency pair USD/CHF Dollar/Franc completes trading week near the level of 0.9992. At the moment, we should expect an attempt to test the support area near the level of 0.9950 and continue the growth of the pair with a target above the level of 1.0380. USD/CHF weekly forecast & analysis July 23 — 27, 2018 In favor of the growth of the Dollar/Franc pair, a trend line test will be performed on the relative strength index (RSI), as well as the upper bound of the «Triangle» model. The cancellation of the USD/CHF growth scenario will be the fall and breakdown…
Bitcoin BTC/USD is trading at 7440. 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 level of 7250 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 20, 2018 In support of the growth of the cryptocurrency BTC/USD quotes, a support level test will perform, as well as a test of the upper boundary of the channel.…
Ethereum ETH/USD is traded at the level of 472. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test near the 455 level, from which one should expect a rebound and an attempt to continue the growth of ETH/USD with a target above the level of 525. Ethereum forecast & analysis ETH/USD July 20, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as the…
Litecoin LTC/USD is trading at the level of 86.82. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the 82.50 level, from which it is expected to rebound and try to continue the growth of LTC/USD with a target above 95.00. Litecoin forecast & analysis LTC/USD July 20, 2018 An additional signal in favor of growth of the Litecoin cryptocurrency will be a support level test, as well as a test of the lower border of the channel. Earlier, a…
Ripple XRP/USD is trading at 0.47. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The Ichimoku Kinko Hyo Cloud upper limit test is expected near 0.45, where we expect a rebound and an attempt to continue the growth of the cryptocurrency XRP/USD with the target close to 0.52 level. Ripple forecast & analysis XRP/USD July 20, 2018 An additional signal in favor of the growth of the cryptocurrency XRP/USD will be a test of the support level, as well as a test of the…
Bitcoin Cash BCH/USD is trading at 825. The cryptocurrency is trading above the upper Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 775, 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 910. Bitcoin Cash forecast & analysis BCH/USD July 20, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a test of the…
Currency pair Euro Dollar EUR/USD continues to move within the framework of the decline and formation of the «Triangle» model. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1611. At the moment, we should expect an attempt to test the resistance level near the area of 1.1660, 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 start of the model’s development. EUR/USD forecast & technical analysis July 20, 2018 In favor of falling quotations EUR/USD will test…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At the time of publication of the forecast, the rate of the Pound to the US Dollar is 1.3002. At this point, we should expect an attempt to test the resistance area near the level of 1.3080, where again we should expect a rebound and a continued decrease in the Pound versus the Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2770. GBP/USD forecast & technical analysis July 20, 2018 In favor of reducing the pair on Forex will…