Bitcoin Cash BCH/USD is traded at the level of 799. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the 805 level is expected to be tested near the 805 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 695. Bitcoin Cash forecast & analysis BCH/USD July 31, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance…
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 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 the moment, we should expect an attempt to test the upper boundary of the bearish channel near the area of 1.1705, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below the level of 1.1545 within the beginning of the «Triangle» model development. EUR/USD forecast & technical analysis July 31, 2018 In favor of…
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 1.3125. At this point, we should expect an attempt to test the resistance area near the level of 1.3165, where again we should expect a rebound and continue the decline of the Pound against the Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2930. GBP/USD forecast & technical analysis July 31, 2018 In favor of reducing the pair…
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 0.7396. At the moment, we should expect an attempt to test the resistance area near the level of 0.7420 and continue falling quotations in the area below the level of 0.7285. AUD/USD forecast & technical analysis July 31, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the bearish channel. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 111.05. At this point, we should expect an attempt to test the upper border of the channel near the level of 111.15 and continue the fall of the pair USD/JPY in the area below the level of 109.65. USD/JPY forecast & technical analysis July 31, 2018 In favor of reducing the pair USD/JPY will test the resistance line on the indicator of relative strength index…
Quotes of BRENT continue to move within the correction. At the time of publication of the forecast, the price of BRENT oil is $ 75.02 per barrel. At this point, we should expect an attempt to test the resistance area near the level of 76.70 dollars per barrel. Further, the continued fall in oil prices in the area below the level of 70.85. BRENT forecast & technical analysis July 31, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). Abolition of the variant of falling…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the limits of the decline. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3055. At the moment, we should expect an attempt to test the resistance level near the area of 1.3085 and continue to reduce the pair in the area below the level of 1.2955. USD/CAD forecast & technical analysis July 31, 2018 In favor of falling quotations of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength index (RSI). Canceling the…
Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the price of GOLD is 1222 dollars per ounce. At this point, we should expect an attempt to test the resistance level near the area of 1228. 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 31, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI). Canceling the option…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction and formation of the «Triangle» model. At the time of publication of the forecast, the rate of the New Zealand Dollar against the US Dollar is 0.6806. At this point, we should expect an attempt to test the resistance level near the area of 0.6840 and continue falling to the area below the level of 0.6580. NZD/USD forecast & technical analysis July 31, 2018 In favor of reducing the pair NZD/USD will perform a downtrend test on the indicator of relative strength…
Currency pair Dollar Franc USD/CHF continues to move within the descending channel. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9923. At the moment, we should expect a test of the resistance area near the level of 0.9955 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9835. USD/CHF forecast & technical analysis July 31, 2018 In favor of the growth of the Dollar Franc pair will test the trend line on the indicator of relative strength index (RSI). Canceling the fall…