Ethereum ETH/USD is trading at 417. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near level 430 is expected, from which one should expect a rebound and an attempt to continue falling ETH/USD with a target below 385 level. Ethereum forecast & analysis ETH/USD August 2, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary of the bears channel.…
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.
Litecoin LTC/USD is trading at the level of 76.79. 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 78.50 is expected, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below 67.00. Litecoin forecast & analysis LTC/USD August 2, 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 0.4333. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo signal line area test is expected near the 0.4375 level, from which it is expected to rebound and try to continue the fall of the XRP/USD cryptocurrency with the target close to the level of 0.3850. Ripple forecast & analysis XRP/USD August 2, 2018 An additional signal in favor of reducing the XRP/USD cryptocurrency will be a test of the resistance area, as well as a test of the upper boundary…
Bitcoin Cash BCH/USD is trading at 747. 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 780 is expected, from which it is expected to attempt a rebound and continue the fall of the BCH/USD cryptocurrency with a target below the level of 675. Bitcoin Cash forecast & analysis BCH/USD August 2, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a…
Currency pair Euro Dollar EUR/USD continues its movement within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1683. At this point, we should expect an attempt to test the upper limit of the «Triangle» model near the area of 1.1720, from which we should expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1550. EUR/USD forecast & technical analysis August 2, 2018 In favor of falling quotations EUR/USD will test the resistance line on the…
Currency pair Pound Dollar GBP/USD continues to move within the framework of a bullish correction. At the time of publication of the forecast, the rate of the Pound to the US Dollar is 1.3127. At this point, we should expect an attempt to test the resistance area near the level of 1.3160, where again we should expect a rebound and a continued decrease in the Pound/Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2935. GBP/USD forecast & technical analysis August 2, 2018 In favor of reducing the pair on Forex will…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the rate of the Australian Dollar against the US dollar is 0.7413. At the moment, we should expect an attempt to test the resistance area near the level of 0.7430 and continue falling quotations in the area below the level of 0.7300. AUD/USD forecast & technical analysis August 2, 2018 In favor of the fall of the AUD/USD pair, the trend line test will be performed on the relative strength…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At the time of publication of the forecast, the rate of the US Dollar to the Japanese Yen is 111.86. At this point, we should expect an attempt to test the bottom of the uplink near the level of 111.45 and continue the growth of the pair USD/JPY in the area above the level of 112.90. USD/JPY forecast & technical analysis August 2, 2018 In favor of the growth of the pair USD/JPY will perform a test of the support line…
Quotes of BRENT continue to move in line with the decline. At the time of publication of the forecast, the price of BRENT oil is $ 72.87 per barrel. At the moment, we should expect an attempt to test the upper border of the descending canal near the level of $ 73.50 per barrel. Further, the continued fall in oil prices in the area below the level of $ 71.60. BRENT forecast & technical analysis August 2, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of the reduction and formation of the «Wedge» model. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3019. At this point, we should expect an attempt to test the support level near the area of 1.2970 and continue the growth of the pair in the area above the level of 1.3185. USD/CAD forecast & technical analysis August 2, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line…