Litecoin LTC/USD is trading at 83.42. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud test is expected near the level of 82.00, from which it is expected to rebound and try to grow LTC/USD with a target above the level of 100.00 Litecoin forecast & analysis LTC/USD July 6, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a test of the lower border of the channel. Earlier, a weak…
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.
Ethereum ETH/USD is traded at 466. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud near the level 460 is expected to be tested, from which we should expect a rebound and an attempt to continue the growth of ETH/USD with a target above 525. Ethereum forecast & analysis ETH/USD July 6, 2018 An additional signal in favor of the growth of the cryptocurrency will be the support area test, as well as the lower bound of the «Triangle» model. Earlier, a weak signal was…
Bitcoin BTC/USD is trading at 6556. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near the level of 6400 is expected, from which we should expect a rebound and an attempt to continue the growth of the Bitcoin cryptocurrency with a target at the level of 7055. Bitcoin forecast & analysis BTC/USD July 6, 2018 In favor of the growth of the BTC/USD cryptocurrency quotes there will be a test of the lower border of the channel, as…
The 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 exchange rate is 1.1688. At the moment, we should expect a test of the resistance level near the area of 1.1720, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1520. EUR/USD forecast & technical analysis July 6, 2018 In favor of falling quotations EUR/USD will test the downward trend line on the indicator of relative strength index (RSI). The…
Currency pair Pound Dollar GBP/USD continues to move within the framework of a bullish correction of the channel. At the time of publication of the forecast, the rate of the pound dollar is 1.3249. At this point, we should expect an attempt to test the resistance area near the level of 1.3265, where again we should expect a rebound and the continuation of the fall of the Pound against the Dollar. The target of reducing the GBP/USD pair and working out the model is the area below the level of 1.3020. GBP/USD forecast & technical analysis July 6, 2018 In…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish trend and the bearish channel. At the time of publication of the forecast, the exchange rate of the Australian dollar to the US dollar is 0.7382. At the moment, we should expect a test of the resistance area near the level of 0.7400 and the continuation of the fall of quotations in the area below the level of 0.7300. AUD/USD forecast & technical analysis July 6, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the growth and ascending channel. At the time of publication of the forecast, the dollar’s exchange rate against the Japanese Yen is 110.66. At the moment, we should expect an attempt to test the support area near the level of 110.15 and continue the growth of the pair USD/JPY in the area above the level of 112.25 within the beginning of the development of the bullish model «5-0». USD/JPY forecast & technical analysis July 6, 2018 In favor of the growth of the pair USD/JPY…
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 78.09 dollars per barrel. At the moment, we should expect an attempt to test the support area near the level of 77.60 dollars per barrel. Further, the continued growth of oil in the area above the level of 81.00. BRENT forecast & technical analysis July 6, 2018 In favor of the growth of quotations and oil prices, BRENT will break down the downward trend line on the indicator of relative strength index (RSI).…
Currency pair US Dollar to Canadian Dollar USD/CAD ccontinues to move within the rising channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3149. At this point, we should expect an attempt to test the bottom of the uplink near the area of 1.3125 and continue the growth of the pair in the area above the level of 1.3460. USD/CAD forecast & technical analysis July 6, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on the indicator of relative…
Quotes of GOLD continue to move in the bullish correction. At the time of publication of the forecast, the Gold price is 1251 US Dollars. At the moment, we should expect an attempt at a resistance level near the area of 1255. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1215. XAU/USD forecast & technical analysis July 6, 2018 In favor of falling quotations XAU/USD will come the test of the bearish trend line on the indicator of relative strength index (RSI). The reversal…