Quotes of BRENT continue to move within the lateral movement. At the time of publication of the forecast, the price of BRENT oil is 76.99 dollars per barrel. At this point, we should expect an attempt to test the resistance area near the level of 77.60 dollars per barrel. Further continuation of the fall of oil in the area below the level of 73.00. BRENT forecast & technical analysis July 12, 2018 In favor of lower quotations and prices for oil BRENT will perform a test of a broken trend line on the indicator of relative strength index (RSI), as…
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 US Dollar Canadian Dollar USD/CAD continues to move within the rising channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3166. At this point, we should expect an attempt to test the support level near the area of 1.3130 and continue the growth of the pair in the area above the level of 1.3350. USD/CAD forecast & technical analysis July 12, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a trend line test on the indicator of relative strength index (RSI). Cancellation of…
Quotes of GOLD continue to move within the fall and bearish channel. At the time of publication of the forecast, the GOLD price is 1249 dollars per ounce. At this point, we should expect a test of the resistance level near the area of 1255. Where can we expect a rebound and the continuation of the fall in the price of gold with a target below the level of 1220. XAU/USD forecast & technical analysis July 12, 2018 In favor of falling quotations XAU/USD will test the resistance area on the indicator of relative strength index (RSI). The cancellation of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the limits of the decline. At the time of publication of the forecast, the rate of the New Zealand Dollar against the US Dollar is 0.6794. At this point, we should expect an attempt to test the resistance level near the area of 0.6825 and continue falling to the area below the level of 0.6710. NZD/USD forecast & technical analysis July 12, 2018 In favor of reducing the pair NZD/USD will perform a downtrend test on the indicator of relative strength index (RSI). The…
Currency pair Dollar Franc USD/CHF continues to move within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9944. At the moment, we should expect an attempt to test the support area near the level of 0.9900 and continue the growth of the US dollar against the Swiss Franc with a target above 1.0050 as part of the «Triangle» model development. USD/CHF forecast & technical analysis July 12, 2018 In favor of the growth of the Dollar Franc, an uptrend test on…
Currency pair US Dollar Russian Ruble USD/RUB continues movement within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 62.21. At the moment, we should expect an attempt to test the support area near the level of 62.15 Ruble for the US dollar and continue to grow the pair in the area above the level of 65.00. USD/RUB forecast & technical analysis July 12, 2018 In favor of the growth of the pair USD/RUB, the test of the support area on the…
Bitcoin BTC/USD are traded at the level of 6326 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 6450. 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 6000. Bitcoin (BTC/USD) technical analysis July 12, 2018 In favor of lowering the quotations of BTC/USD, a test of a broken trend line will appear on the indicator of relative strength index (RSI). The abolition of the Bitcoin fall…
Bitcoin BTC/USD is trading at 6341. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend in Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near the level of 6500 is expected, from which we should expect a rebound and an attempt to continue the fall of Bitcoin cryptocurrency with a target at 6000. Bitcoin forecast & analysis BTC/USD July 11, 2018 In favor of lowering the quotations of the BTC/USD cryptocurrency, a lower limit test of the channel will be made, as well as a resistance level test. Earlier, we received a…
Ethereum ETH/USD is traded at 435. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Ethereum. As part of Efriy’s forecast, the Ichimoku Kinko Hyo cloud bottom test is expected near the 445 level, from which it is expected to rebound and attempt to continue falling ETH/USD with a target below the level of 395. Ethereum forecast & analysis ETH/USD July 11, 2018 An additional signal in favor of reducing the cryptocurrency will be a test of the resistance area, as well as a rebound from the lower boundary…
Litecoin LTC/USD is trading at the level of 75.39. 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 is expected near the level of 78.00, from which one should expect a rebound and an attempt to continue the decline of LTC/USD with a target below 68.00 Litecoin forecast & analysis LTC/USD July 11, 2018 An additional signal in favor of the fall of the Litecoin cryptocurrency will be a resistance level test, as well as a test of the lower…