Bitcoin Cash BCH/USD is trading at 790. The cryptocurrency is trading above the upper Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level 765 is expected, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency BCH/USD with a target above the level of 855. Bitcoin Cash forecast & analysis BCH/USD July 18, 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…
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.
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 to the US Dollar rate is 1.1732. The pair tries to test the upper limit of the model. At the moment, we should expect an attempt to test the resistance level near the area of 1.1750, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1450. EUR/USD forecast & technical analysis July 18, 2018 In favor of falling quotations EUR/USD…
Currency pair Pound Dollar GBP/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 British Pound to the US Dollar is 1.3250. At this point, we should expect an attempt to test the upper limit of the model near the level of 1.3300, where again we should expect a rebound and continue the decline of the British Pound against the US Dollar. The target of the fall of the pair GBP/USD is the area below the level of 1.2800. GBP/USD forecast & technical…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction. At the time of publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7422. At the moment, we should expect an attempt to test the resistance area near the level of 0.7440 and the continuation of falling quotations in the area below the level of 0.7295. AUD/USD forecast & technical analysis July 18, 2018 In favor of the fall of the pair AUD/USD will perform a bearish trend test on the indicator of relative strength index (RSI). The cancellation of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the growth and bullish channel. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 112.36. At the moment, we should expect an attempt to test the support area near the level of 112.05 and continue the growth of the pair USD/JPY in the area above the level of 114.00, as part of the Triangle model development. USD/JPY forecast & technical analysis July 18, 2018 In favor of the growth of the pair USD/JPY will test the bullish…
Quotes of BRENT continue to move within the bearish channel. At the time of publication of the forecast, the price of BRENT oil is 71.78 dollars per barrel. At this point, we should expect an attempt to test the resistance area near the level of 73.00 dollars per barrel. Further, the continued fall in oil prices in the region below the level of 68.60. BRENT forecast & technical analysis July 18, 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…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the reversal pattern inverted «Head and Shoulders». At the time of publication of the forecast, the US Dollar rate against the Canadian Dollar is 1.3122. At this point, we should expect an attempt to test the support level near the area of 1.3115 and continue the growth of the pair in the area above the level of 1.3410 within the beginning of the model’s development. USD/CAD forecast & technical analysis July 18, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a trend line…
Quotes of GOLD continue to move within the limits of the bearish channel. At the time of publication of the forecast, the GOLD price is 1232 dollars per ounce. At this point, we should expect an attempt to test the resistance level near the area of 1240. Where can we expect a rebound and the continuation of the fall in the price of gold with a target below the level of 1205. XAU/USD forecast GOLD & analysis July 18, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI). Canceling…
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 against the US Dollar is 0.6828. At this point, we should expect an attempt to test the resistance level near the area of 0.6850 and continue falling to the area below the level of 0.6580. NZD/USD forecast & technical analysis July 18, 2018 In favor of reducing the pair NZD/USD will test the trend line on the indicator of relative…
Currency pair Dollar Franc USD/CHF continues to move within the correction. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9942. At this point, we should expect an attempt to test the bottom of the channel near the 0.9930 level and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0070. USD/CHF forecast & technical analysis July 18, 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 (RSI). The…