The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3065. The pair continues to move within the ascending channel. At the moment, we should expect an attempt to test the level of support near the level of 1.2950 and the beginning of the growth of quotations with a target above the level of 1.3550. USD/CAD weekly forecast & analysis July 30 — August 3, 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…
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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 pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 111.15. The pair continues to move within the framework of growth. At this point, we should expect an attempt to test the resistance level near the area of 111.70 and continue the decline of the pair into the area below the level of 108.70. USD/JPY weekly forecast & analysis July 30 — August 3, 2018 In favor of the growth of the fall, the Dollar/Yen will perform a test of a broken trend line on the indicator of relative strength index (RSI).…
GOLD XAU/USD close the trading week near the area of 1219. Quotes continue to move in a bearish trend. At the moment, we should expect a test of the upper border of the channel near the area of 1230 and the continuation of the fall in the price of GOLD below the level of 1145. XAU/USD weekly forecast & analysis July 30 — August 3, 2018 In favor of falling quotes and prices for GOLD, a downtrend test on the relative strength index (RSI) will perform, as well as a resistance level test. The cancellation of the fall in XAU/USD…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6768. The pair continues to move in a bearish trend. At this point, we should expect a test of the resistance area near the level of 0.6820 and the continuation of the fall of the pair below the level of 0.6470. NZD/USD weekly forecast & analysis July 30 — August 3, 2018 In favor of reducing the currency pair NZD/USD, a downtrend test on the relative strength index (RSI) will perform. The reversal of the fall variant will be a strong growth…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9963. At the moment, we should expect the test of the support area test near the level of 0.9890 and the continued growth of the pair with a target above the level of 1.0320. USD/CHF weekly forecast July 30 — August 3, 2018 In favor of the growth of the Dollar/Franc, a trend line test will be performed on the relative strength index (RSI), as well as the lower bound of the «Triangle» model. Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the…
Bitcoin BTC/USD completes the trading week at 7959 and continues to move within the correction. At this point, we should expect an attempt to test the support area near the level of 6500. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above the level of 9500. Bitcoin weekly forecast & analysis July 30 — August 3, 2018 In favor of the growth of quotations BTC/USD will perform a test of a broken trend line on the indicator of relative strength index (RSI). The abolition of the…
Ethereum ETH/USD completes the trading week at 462 and continues to move in a downward 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 30 — August 3, 2018 In favor of the decline in quotations ETH/USD will break the support line on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head and Shoulders». The abolition of the fall option will…
Ripple XRP/USD completes the trading week at 0.43 and continue to move within the bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 0.47. 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 30 — August 3, 2018 In favor of lowering the quotes XRP/USD will make the formation of the reversal model «Head and Shoulders» on the indicator of relative strength index (RSI), as well as test the…
Litecoin LTC/USD completes the trading week at 83 and continues to move in a bearish trend. At this point, we should expect a test of the resistance area near the level of 100. Where again we should expect a rebound and an attempt to continue the depreciation of Litecoin with a target below the level of 45. Litecoin weekly forecast & analysis July 30 — August 3, 2018 In favor of falling quotes LTC/USD will perform a downtrend test on the indicator of relative strength index (RSI). The abolition of the Litecoin decline option will be a strong growth and…
Bitcoin BTC/USD is trading at 8204. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near the 7900 level is expected, from which we should 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 27, 2018 In favor of the growth of the BTC/USD cryptocurrency, the support area test will perform, as well as the test of the lower border of the channel.…