Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction. At the time of publication of the forecast, the US dollar to the Canadian Dollar rate is 1.3064. At the moment, we should expect an attempt to test the support level near the area of 1.3040 and continue the growth of the pair in the area above the level of 1.3265. USD/CAD forecast & technical analysis August 9, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on the indicator of relative strength index (RSI). 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.
Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the GOLD price is 1209. At this point, we should expect an attempt to test the resistance level near the area of 1217. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1190. XAU/USD forecast GOLD & analysis August 9, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI), as well as test the upper limit…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction and formation of the «Triangle» model. At the time of publication of the forecast, the New Zealand Dollar rate to the US Dollar is 0.6734. At this point, we should expect a test of resistance level near the area of 0.6755 and continuation of the fall in the area below the level of 0.6650. NZD/USD forecast & technical analysis August 9, 2018 In favor of reducing the pair NZD/USD, a trend line test will be performed on the relative strength index (RSI),…
Currency pair Dollar Franc USD/CHF continues to move within the correction. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9953. At the moment, we should expect a test of the support area near the level of 0.9925 and the continuation of the US Dollar against the Swiss Franc with a target above 1.0055. USD/CHF forecast & technical analysis August 9, 2018 In favor of the growth of the Dollar Franc pair will perform a test of the support line on the indicator of relative strength index (RSI). Canceling the growth of…
Currency pair US Dollar Russian Ruble USD/RUB continues movement within the framework of correction and start of «Triangle» development. At the time of publication of the forecast, the US dollar to the Russian Ruble rate is 64.65. At the moment, we should expect an attempt to test the upper limit of the model near the level of 63.75 rubles for the US dollar and continue the growth of the pair in the area above the level of 66.55. USD/RUB forecast & technical analysis August 9, 2018 In favor of the growth of the pair USD/RUB, a trend line test will…
Bitcoin BTC/USD are traded at 6427 and continue to move in the fall. At this point, we should expect an attempt to test the resistance level near the area of 6750. Where 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 5950. Bitcoin (BTC/USD) technical analysis August 9, 2018 In favor of lower quotations BTC/USD will test the resistance line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall and breakdown of the area…
Ethereum ETH/USD are traded at the level of 359 and continue to move within the limits of the decline. At this point, we should expect a test of the resistance level near the area of 380. Again, we should expect a rebound and the continued decline in the Ethereum rate with a target below the level of 335. Ethereum (ETH/USD) technical analysis August 9, 2018 In favor of falling quotations ETH/USD will test the trend line on the indicator of relative strength index (RSI). Canceling the variant of the fall of the crypto currency will be a strong growth and…
Litecoin LTC/USD are traded at 62.68 and continue to move in a bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 68.00. Where again we should expect a rebound and the continued decline in the Litecoin exchange rate with a target below 58.00. Litecoin (LTC/USD) technical analysis August 9, 2018 In favor of the decline in LTC/USD quotations, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall variant will result in a strong growth and breakdown of the 72.00…
Ripple XRP/USD traded at 0.3292 and continue to move within a bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.3610 and continue the decline of the cryptocurrency in the area below the level of 0.2650. Ripple (XRP/USD) technical analysis August 9, 2018 In favor of falling quotations XRP/USD will test the trend line on the indicator of relative strength index (RSI). Canceling the option to reduce the cryptocurrency is a strong growth and breakdown of the upper border of the channel and the closing of quotes above the level…
Bitcoin BTC/USD is trading at the level of 7077. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 7200 is expected, from which we should expect a rebound and an attempt to continue the fall of Bitcoin cryptocurrency with a target at 6350. Bitcoin forecast & analysis BTC/USD August 8, 2018 In favor of lowering the quotations of the BTC/USD cryptocurrency, a resistance level test will perform, as well as a test of the upper boundary…