Bitcoin Cash BCH/USD is trading at 726. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The Ichimoku Kinko Hyo cloud is expected to test near the level 735, 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 640. Bitcoin Cash forecast & analysis BCH/USD July 8, 2018 An additional signal in favor of reducing the cryptocurrency will be a test of the resistance region, as well as a test of the upper…
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 Euro Dollar EUR/USD completes the trading week near the area of 1.1752 and continues to move within the framework of the «Triangle» model. At this point, we should expect an attempt to test the support area near the level of 1.1650 and the beginning of the growth of the euro dollar in the area above the level of 1.2070. EUR/USD weekly forecast July 9 — 13, 2018 In favor of the growth of EUR/USD is the formation of the reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the growth of…
Quotes of BRENT crude oil close the trading week near the area of 76.99 dollars per barrel. It is worth waiting for the test of the support area test near the level of 75.00 and the beginning of oil growth in the region above the level of 85.00 dollars per barrel. BRENT crude oil forecast July 9 — 13, 2018 An additional signal for the growth of oil quotes in the current trading week will be a test of the support line on the indicator of relative strength index (RSI). The cancellation of the variant of growth of quotations and…
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3261. 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 1.3450 and continue falling quotations in the area below the level of 1.2650. GBP/USD weekly forecast July 9 — 13, 2018 In favor of the fall of the British Pound, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall of the pair will result in strong growth and breakdown…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near level 63.01 Ruble for US Dollar. The pair continues to move within the correction and the start of the «Triangle» model. At the moment, we should expect a test of the support area near the level of 62.50 and the continuation of the pair’s growth above the level of 65.00. USD/RUB weekly forecast July 9 — 13, 2018 In favor of the growth of the Dollar/Ruble pair will test the trend line on the indicator of relative strength index (RSI). Canceling the option of continuing the growth…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7422. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the area of 0.7490 and continue the fall of AUD/USD with a target below 0.7150. AUD/USD weekly forecast July 9 — 13, 2018 In favor of the fall of the pair on Forex will test the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the AUD/USD decline option will result in a…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3101. The pair continues to move in the framework of the reduction and start of the development of the Wolff Wave model. At the moment, we should expect a test of resistance near the level of 1.3250 and the beginning of the fall of quotations with a target below the level of 1.2720 as part of the beginning of the development of the bearish model. USD/CAD weekly forecast July 9 — 13, 2018 In favor of the fall of the pair USD/CAD will test…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 110.41. At this point, we should expect an attempt to test the support level near the area of 109.85 and continue the growth of the pair to an area above the level of 113.85. USD/JPY weekly forecast July 9 — 13, 2018 In favor of the pair’s growth, the Dollar/Yen will test the uptrend line on the relative strength index (RSI). Canceling the growth of the pair USD/JPY in the current trading week will be a drop and a breakdown of the…
GOLD XAU/USD close the trading week near the area of 1255. Quotes continue to move in a bearish trend. At the moment, we should expect a test of the upper border of the channel near the area of 1270 and the continuation of the fall in the price of GOLD below the level of 1190. XAU/USD weekly forecast July 9 — 13, 2018 In favor of falling quotations and prices for GOLD will perform a downtrend test of the trend on the indicator of relative strength index (RSI). The cancellation of the fall in XAU/USD quotations will result in a…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6826. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the upper limit of the descending channel near the level of 0.6950 and the continuation of the fall of the pair below the level of 0.6450. NZD/USD weekly forecast July 9 — 13, 2018 In favor of reducing the currency pair NZD/USD, a downtrend test on the relative strength index (RSI) will perform. Cancellation of the fall option will be a strong…