Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3195. At the moment, we should expect an attempt to test the support level near the 1.3150 area and continue the pair’s growth to the area above the level of 1.3410 within the beginning of the development of the inverted «Head and Shoulders» model. USD/CAD forecast & technical analysis July 13, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a trend line test…
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.
Quotes of GOLD continue to move in the framework of the decline and formation of the «Triangle» model. At the time of publication of the forecast, the GOLD price is 1244 dollars. At this point, we should expect a test of the 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 1220. XAU/USD forecast & technical analysis July 13, 2018 In favor of falling quotations XAU/USD will test the resistance area on the indicator of relative strength index…
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 to the US Dollar is 0.6764. At this point, we should expect an attempt to test the resistance level near the area of 0.6820 and continue falling to the area below the level of 0.6550. NZD/USD forecast & technical analysis July 13, 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 framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9971. At the moment, we should expect an attempt to test the support area near the level of 0.9905 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0150 as part of the «Triangle» model development. USD/CHF forecast & technical analysis July 13, 2018 In favor of the growth of the Dollar Franc pair will perform a…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the limits of the decline. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 62.02. At the moment, we should expect a test of the support area near the level of 62.45 Ruble for the US Dollar and the continuation of the fall of the pair in the area below the level of 60.70. USD/RUB forecast & technical analysis July 13, 2018 In favor of reducing the pair USD/RUB, a downtrend line test will be performed on the relative strength index…
Bitcoin BTC/USD is trading at 6315. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend over Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 6430 is expected, from which we should expect a rebound and an attempt to continue the fall of Bitcoin cryptocurrency with a target at the level of 5950. Bitcoin forecast & analysis BTC/USD July 12, 2018 In favor of lowering the quotations of the BTC/USD cryptocurrency, a lower limit test of the uplink will be made, as well as a resistance level test. Earlier, we…
Ethereum ETH/USD is traded at 435. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Ethereum. The Ichimoku Kinko Hyo cloud is expected to test near the 445 level, from which one should expect a rebound and an attempt to continue falling ETH/USD with a target below the level of 395. Ethereum forecast & analysis ETH/USD July 12, 2018 An additional signal in favor of reducing the cryptocurrency will be a test of the resistance area. Earlier, a weak signal was received for sell of the Ethereum cryptocurrency, due…
Litecoin LTC/USD is trading at the level of 76.92. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 77.40 is expected, from which one should expect a rebound and an attempt to continue the decline of LTC/USD with a target below 67.50 Litecoin forecast & analysis LTC/USD July 12, 2018 An additional signal in favor of the fall of the Litecoin cryptocurrency will be a resistance level test, as well as a test of the lower…
Ripple XRP/USD is trading at 0.43. 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 0.45 level, from which one should expect a rebound and an attempt to continue lowering the cryptocurrency with a target near the level of 0.39. Ripple forecast & analysis XRP/USD July 12, 2018 An additional signal in favor of the fall of the XRP/USD cryptocurrency will be a test of the resistance level, as well as a test of the lower border…
Bitcoin Cash BCH/USD is traded at 687. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level 720 is expected, 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 630. Bitcoin Cash forecast & analysis BCH/USD July 12, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance region, as well as a…