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 0.45, from which we should expect a rebound and an attempt to continue reducing the cryptocurrency with a target near the level of 0.39. Ripple forecast & analysis XRP/USD July 11, 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 lower border of the…
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.
Bitcoin Cash BCH/USD is trading at 691. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. As part of the forecast for the course, the Ichimoku Kinko Hyo Cloud lower limit test is expected near the 725 level, 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 620. Bitcoin Cash forecast & analysis BCH/USD July 11, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of…
The currency pair Euro Dollar EUR/USD continues to move within the growth and bearish channel. At the time of publication of the forecast, the euro exchange rate is 1.1702. At this point, we should expect an attempt to test the lower border of the channel near the area of 1.1700, where we can expect an attempt to rebound and continue the growth of the Euro/Dollar with a target above the level of 1.1870. EUR/USD forecast & technical analysis July 11, 2018 In favor of the EUR/USD quotes growth, the support area test will be performed on the relative strength index…
Currency pair Pound Dollar GBP/USD continues to move within the correction and the bearish channel. At the time of publication of the forecast, the Pound/Dollar rate is 1.3275. At this point, we should expect an attempt to test the upper boundary of the channel near the level of 1.3320, 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 low level area of 1.2980. GBP/USD forecast & technical analysis July 11, 2018 In favor of reducing the pair on Forex will test the resistance line…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish trend of «Wolfe Wave». At the time of publication of the forecast, the Australian dollar to the US dollar is 0.7433. At the moment, we should expect a test of the resistance area near the level of 0.7445 and the continuation of the fall of quotations in the area below the level of 0.7300 as part of the development of the «Wolfe Wave» model. AUD/USD forecast & technical analysis July 11, 2018 In favor of the fall of the pair AUD/USD, a trend line test will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the growth and bullish channel. At the time of publication of the forecast, the dollar exchange rate against the Japanese yen is 111.30. At the moment, we should expect an attempt to test the support area near the level of 110.85 and continue the growth of the pair USD/JPY in the area above the level of 112.70 as part of the start of the «Triangle» model. USD/JPY forecast & technical analysis July 11, 2018 In favor of the growth of the pair USD/JPY will perform…
Quotes of BRENT continue to move within the framework of a bullish correction. At the time of publication of the forecast, the price of BRENT oil is 79.09 dollars per barrel. At the moment, we should expect an attempt to test the resistance area near the level of 80.00 dollars per barrel. Further, the fall of oil to the area below the level of 76.50 within the beginning of the development of the «Wolfe Wave» model. BRENT forecast & technical analysis July 11, 2018 In favor of lower quotations and prices for oil BRENT will test the trend line on…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the bearish channel. At the time of publication of the forecast, the US Dollar rate against the Canadian Dollar is 1.3133. At the moment, we should expect an attempt to test the support level near the 1.3095 area and continue the pair’s growth to the area above the level of 1.3275 within the beginning of the development of the inverted «Head and Shoulders» model. USD/CAD forecast & technical analysis July 11, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test 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 1247. At this point, we should expect an attempt to test the resistance level near the area of 1260. Whence we should expect a rebound and continue the fall in the price of GOLD with a target below the level of 1225. XAU/USD forecast & technical analysis July 11, 2018 In favor of falling quotations XAU/USD will test the resistance area on the indicator of relative strength index (RSI). The reversal of the decline in GOLD…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At the time of publication of the forecast, the New Zealand Dollar rate to the US Dollar is 0.6810. At this point, we should expect an attempt to test the resistance level near the area of 0.6830 and continue falling to the area below the level of 0.6760. NZD/USD forecast & technical analysis July 11, 2018 In favor of reducing the pair NZD/USD will perform a downtrend test on the indicator of relative strength index (RSI). The cancellation of the New Zealand…