Stock index DAX 30 continue to move within the ascending channel. At this point, we should expect an attempt to test the lower boundary of the uplink near the area of 12620. Where can we expect a rebound and the continued growth of quotations DAX 30 in the area above the level of 13100. DAX 30 forecast & technical analysis July 27, 2018 In favor of the growth of quotations of the stock index, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the variant of the growth of the index’s…
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 BTC/USD is traded at the level of 8079. 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 7850 is expected, from which one should expect a rebound and an attempt to continue the growth of Bitcoin cryptocurrency with a target at 8800 level. Bitcoin forecast & analysis BTC/USD July 26, 2018 In favor of the growth of the BTC/USD cryptocurrency, the support area test will perform, as well as the test of the lower border…
Ethereum ETH/USD is traded at 465. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test near the level 460, from which it is expected to rebound and try to continue the growth of ETH/USD with a target above the level of 510. Ethereum forecast & analysis ETH/USD July 26, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support area, as well as the formation of the reversal model «Double Bottom». Earlier,…
Litecoin LTC/USD is trading at 85.25. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 84.60, from which one should expect a rebound and an attempt to continue the growth of LTC/USD with a target below 95.00. Litecoin forecast & analysis LTC/USD July 26, 2018 An additional signal in favor of the growth of the Litecoin cryptocurrency will be a test of the support level, as well as a rebound from the lower boundary of…
Ripple XRP/USD is trading at 0.4464. 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 the 0.4525 level, from which we should expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target close to 0.4010 level. Ripple forecast & analysis XRP/USD July 26, 2018 An additional signal in favor of reducing the XRP/USD cryptocurrency is the resistance level test, as well as the upper bound of the «Triangle» model. Earlier, we…
Bitcoin Cash BCH/USD is traded at 828. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the 810 level is expected, from which it is expected to attempt a rebound and continue the growth of the BCH/USD cryptocurrency with a target above the level of 950. Bitcoin Cash forecast & analysis BCH/USD July 26, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as…
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 1.1694. Market participants expect the publication of the ECB decision on the rate, so there is a decrease in volatility in the market. At the moment, we should expect an attempt to test the resistance level near the area of 1.1745, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1590 as part of the…
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 British Pound to the US dollar is 1.3151. At the moment, we should expect an attempt to test the resistance area near the level of 1.3200, where again we should expect a rebound and the continued decline of the Pound against the Dollar as part of the start of the «Wedge» model. The target of the fall of the pair GBP/USD is the area below the level of 1.2970. GBP/USD forecast & technical…
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 to the US Dollar is 0.7417. At the moment, we should expect an attempt to test the resistance area near the level of 0.7455 and the continuation of falling quotations in the area below the level of 0.7340. AUD/USD forecast & technical analysis July 26, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of the decline and formation of the «Triangle» model. At the time of publication of the forecast, the rate of the US Dollar to the Japanese Yen is 111.10. At the moment, we should expect a test of the resistance area near the level of 111.35 and continuation of the fall of the pair USD/JPY in the area below the level of 110.05. USD/JPY forecast & technical analysis July 26, 2018 In favor of reducing the pair USD/JPY will test the trend line…