Quotes of BRENT continue to move within the bearish channel. At the time of publication of the forecast, the price of BRENT oil is 72.19 dollars per barrel. At the moment, we should expect an attempt to test the resistance area near the level of 74.05 dollars per barrel. Further, the continued fall in oil prices in the area below the level of 67.70. BRENT forecast & technical analysis July 20, 2018 In favor of falling quotations and prices for oil BRENT will test the trend line on the indicator of relative strength index (RSI). The abolition of the fall…
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 framework of growth. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3221. At this point, we should expect an attempt to test the support level near the area of 1.3160 and continue the growth of the pair in the area above the level of 1.3450. USD/CAD forecast & technical analysis July 20, 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…
Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the price of GOLD is 1218 US Dollars per ounce. At this point, we should expect an attempt to test the upper limit of the descending channel near the area of 1230. Where can we expect a rebound and the continuation of the fall in the price of gold with a target below the level of 1195. XAU/USD forecast GOLD & analysis July 20, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength…
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 New Zealand Dollar rate to the US Dollar is 0.6747. At this point, we should expect an attempt to test the resistance level near the area of 0.6800 and continue falling to the area below the level of 0.6580. NZD/USD forecast & technical analysis July 20, 2018 In favor of reducing the pair NZD/USD, the spinning model «Head and Shoulders» will be formed on…
Currency pair Dollar Franc USD/CHF continues to move within the bullish channel. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 1.0011. At this point, we should expect an attempt to test the bottom of the channel near the level of 0.9965 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0135. USD/CHF forecast & technical analysis July 20, 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…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the growth and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 63.33. At the moment, we should expect an attempt to test the support area near the level of 62.65 Ruble for the US dollar and start the pair’s growth in the area above the level of 66.30. USD/RUB forecast & technical analysis July 20, 2018 In favor of the growth of the pair USD/RUB, a breakdown of the trend line will…
Bitcoin BTC/USD is trading at 7365. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 7100 is expected, from which we should expect a rebound and an attempt to continue the growth of Bitcoin cryptocurrency with a target at 7850 level. Bitcoin forecast & analysis BTC/USD July 19, 2018 In support of the growth of the cryptocurrency BTC/USD quotes, a support level test will perform, as well as a test of the upper boundary of the…
Ethereum ETH/USD is traded at 489. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near the 470 level is expected, from which one should expect a rebound and an attempt to continue the growth of ETH/USD with a target above the level of 530. Ethereum forecast & analysis ETH/USD July 19, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as the test of the lower…
Litecoin LTC/USD is trading at 89.64. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 85.50 is expected, from which we should expect a rebound and an attempt to continue the growth of LTC/USD with a target above the level of 100.00. Litecoin forecast & analysis LTC/USD July 19, 2018 An additional signal in favor of growth of the Litecoin cryptocurrency will be a support level test, as well as a test of the lower border…
Ripple XRP/USD is trading at 0.49. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The test area of Ichimoku Kinko Hyo signal lines near 0.48 level is expected, from which we should expect a rebound and an attempt to continue the growth of the XRP/USD cryptocurrency with a target near the level of 0.53. Ripple forecast & analysis XRP/USD July 19, 2018 An additional signal in favor of the growth of the cryptocurrency XRP/USD will be a test of the support level, as well…