Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6745. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the resistance area near the level of 0.6800 and continue falling below the level of 0.6450. NZD/USD weekly forecast & analysis August 6 — 10, 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 the area of…
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.
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9935. At the moment, we should expect the test of the support area test near the level of 0.9880 and the continued growth of the pair with a target above the level of 1.0230. USD/CHF weekly forecast & analysis August 6 — 10, 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 lower bound of the «Triangle» model. Cancellation of the USD/CHF growth scenario will be the fall and breakdown…
Bitcoin BTC/USD completes the trading week at 7440 and continues to move within the correction. At this point, you should expect to try the support area test 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 9300. Bitcoin weekly forecast & analysis August 6 — 10, 2018 In favor of the growth of quotations BTC/USD will test the trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the…
Ethereum ETH/USD is traded at the level of 407. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near level 420 is expected, from which we should expect a rebound and an attempt to continue falling ETH/USD with a target below the level of 370. Ethereum forecast & analysis ETH/USD August 3, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a…
Litecoin LTC/USD is trading at the level of 75.80. 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 77.20 is expected, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below 68.00. Litecoin forecast & analysis LTC/USD August 3, 2018 An additional signal in favor of reducing the Litecoin cryptocurrency will be a test of the resistance area, as well as a test of the upper boundary…
Ripple XRP/USD is trading at 0.4207. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo near the level of 0.4345 is expected to test the bottom of the cloud, from which we should expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target close to the level of 0.3750. Ripple forecast & analysis XRP/USD August 3, 2018 An additional signal in favor of reducing the XRP/USD cryptocurrency will be a test of the resistance area, as well as a…
Bitcoin Cash BCH/USD is trading at 728. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level 765 is expected, from which it is expected to attempt a rebound and continue the fall of the BCH/USD cryptocurrency with a target below 665 level. Bitcoin Cash forecast & analysis BCH/USD August 3, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a test of…
Currency pair Dollar Franc USD/CHF continues to move within the bearish channel. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9940. At the moment, we should expect an attempt to test the support area near the level of 0.9890 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0050 level. USD/CHF forecast & technical analysis August 3, 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).…
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 1.1624. At the moment, we should expect an attempt to test the resistance level near the area of 1.1650, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1450. EUR/USD forecast & technical analysis August 3, 2018 In favor of falling quotes EUR/USD will perform a test of a broken trend line on the…
Currency pair Pound Dollar GBP/USD continues to move within the limits of the decline. At the time of publication of the forecast, the rate of the British Pound to the US Dollar is 1.3054. At this point, we should expect an attempt to test the resistance area near the level of 1.3100, where again we should expect a rebound and a continued decrease in the British Pound versus the US Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2900. GBP/USD forecast & technical analysis August 3, 2018 In favor of reducing…