Ethereum ETH/USD traded at 440 and continue to move within the «Triangle» model. At this point, we should expect an attempt to test the resistance level near the 450 area. Where again we should expect a rebound and the continued fall of the Ethereum rate with a target below the level of 420. Ethereum (ETH/USD) technical analysis August 1, 2018 In favor of the growth of quotations ETH/USD will test the upward trend line on the indicator of relative strength index (RSI). Canceling the variant of the fall of the cryptocurrency will be a strong growth and breakdown at level…
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.
Stock index DAX 30 continue to move within the bullish channel. At the time of publication of the forecast, the exchange index rate is 12786. At the moment, we should expect an attempt of the test of the lower border of the uplink near the area of 12650. Where can we expect a rebound and the continued growth of quotations DAX 30 in the region above the level of 13120. DAX 30 forecast & technical analysis August 1, 2018 In favor of the growth of quotations of the stock index, a trend line test will be performed on the indicator…
Bitcoin BTC/USD is traded at the level of 8079. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the 8050 level, from which we 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 31, 2018 In favor of the growth of the BTC/USD cryptocurrency, the support area test will perform, as well as the lower bound of the «Triangle» model. Earlier, a strong signal…
Ethereum ETH/USD is traded at the level of 453. 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 level 460, from which we expect a rebound and an attempt to continue falling ETH/USD with a target below 415 level. Ethereum forecast & analysis ETH/USD July 31, 2018 An additional signal in favor of the fall of the cryptocurrency will be the test of the triangle model boundary, as well as the test of the lower…
Litecoin LTC/USD is trading at 81.71. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 83.50 is expected, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below 72.50. Litecoin forecast & analysis LTC/USD July 31, 2018 An additional signal in favor of reducing the Litecoin cryptocurrency will be a test of the resistance area, as well as the formation of the «Head and Shoulders» model. Earlier,…
Ripple XRP/USD is trading at 0.4336. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.4400 level, from which one 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 31, 2018 An additional signal in favor of reducing the XRP/USD cryptocurrency will be the resistance area test, as well as the lower bound of the «Triangle» model.…
Bitcoin Cash BCH/USD is traded at the level of 799. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the 805 level is expected to be tested near the 805 level, from which it is expected to attempt a rebound and continue the fall of the BCH/USD cryptocurrency with a target below the level of 695. Bitcoin Cash forecast & analysis BCH/USD July 31, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance…
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 1.1683. At the moment, we should expect an attempt to test the upper boundary of the bearish channel near the area of 1.1705, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below the level of 1.1545 within the beginning of the «Triangle» model development. EUR/USD forecast & technical analysis July 31, 2018 In favor of…
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 1.3125. At this point, we should expect an attempt to test the resistance area near the level of 1.3165, where again we should expect a rebound and continue the decline of the Pound against the Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2930. GBP/USD forecast & technical analysis July 31, 2018 In favor of reducing the pair…
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 0.7396. At the moment, we should expect an attempt to test the resistance area near the level of 0.7420 and continue falling quotations in the area below the level of 0.7285. AUD/USD forecast & technical analysis July 31, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator of…