Quotes of GOLD continue to move within the limits of the decline. At the time of publication of the forecast, the price of GOLD is 1242 Dollars per ounce. At this point, we should expect an attempt to test the resistance level near the area of 1245. Where can we expect a rebound and continue falling prices for GOLD with a target below the level of 1225. XAU/USD forecast GOLD & analysis July 17, 2018 In favor of falling quotations XAU/USD will test the resistance area on the indicator of relative strength index (RSI). Canceling the variant of falling prices…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the framework of the decline and formation of the «Triangle» model. At the time of publication of the forecast, the rate of the New Zealand Dollar against the US Dollar is 0.6767. At this point, we should expect an attempt to test the resistance level near the area of 0.6820 and continue falling to the area below the level of 0.6550. NZD/USD forecast & technical analysis July 17, 2018 In favor of reducing the pair NZD/USD will test the trend line on the indicator…
Currency pair Dollar Franc USD/CHF continues to move within the framework of strong growth. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 1.0010. At this point, we should expect an attempt to test the bottom of the uplink near the level of 0.9990 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0120. USD/CHF forecast & technical analysis July 17, 2018 In favor of the growth of the Dollar Franc pair will perform a test of the support line on the indicator of relative…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the limits of the decline. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 62.26. At this point, we should expect an attempt to test the resistance area near the level of 62.45 Ruble for the US Dollar and continue falling of the pair in the area below the level of 60.80. USD/RUB forecast & technical analysis July 17, 2018 In favor of reducing the pair USD/RUB, a downtrend test on the relative strength index (RSI) will perform, as well as…
Ethereum ETH/USD completes the trading week at 449 and continues to move within the downward trend and the formation of the «Triangle» model. At this point, we should expect an attempt at a resistance level near the area of 490. Again, we should expect a rebound and the continued decline in the Ethereum rate with a target below the level of 305. Ethereum weekly forecast & analysis July 16 — 20, 2018 In favor of lower quotations ETH/USD will test the resistance line on the indicator of relative strength index (RSI). Cancellation of the fall option will be a strong…
Litecoin LTC/USD completes the trading week at 78 and continues to move in a bearish trend. At this point, we should expect an attempt to test the lower limit of the model «Triangle» 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 16 — 20, 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…
Bitcoin BTC/USD is trading at 6335. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level 6380 is expected, from which we should expect a rebound and an attempt to continue the fall of Bitcoin cryptocurrency with a target at 5850 level. Bitcoin forecast & analysis BTC/USD July 16, 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 of…
Ethereum ETH/USD is traded at 448. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test near the 450 level, from which one should expect a rebound and an attempt to continue falling ETH/USD with a target below 405 level. Ethereum forecast & analysis ETH/USD July 16, 2018 An additional signal in favor of reducing the cryptocurrency will be a test of the resistance region, as well as the upper boundary of the bearish channel. Earlier, a weak signal was received for…
Litecoin LTC/USD is trading at 78.03. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The Ichimoku Kinko Hyo Cloud low limit test is expected near the 79.00 level, from which one should expect a rebound and an attempt to continue the decline of LTC/USD with a target below 70.00. Litecoin forecast & analysis LTC/USD July 16, 2018 An additional signal in favor of the fall of the Litecoin cryptocurrency will be a test of the resistance level, as well as a test of the upper limit of the…
Ripple XRP/USD is trading at 0.43. 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 0.4450 level, from which one should expect a rebound and an attempt to continue decreasing the cryptocurrency with the target near the level of 0.3850. Ripple forecast & analysis XRP/USD July 16, 2018 An additional signal in favor of the fall of the XRP/USD cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary…