Bitcoin BTC/USD are traded at the level of 6326 and continue to move within the limits of the decline. At this point, we should expect a test of the resistance level near the area of 6450. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below the level of 6000. Bitcoin (BTC/USD) technical analysis July 12, 2018 In favor of lowering the quotations of BTC/USD, a test of a broken trend line will appear on the indicator of relative strength index (RSI). The abolition of the Bitcoin fall…
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 trading at 6341. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend in Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near the level of 6500 is expected, from which we should expect a rebound and an attempt to continue the fall of Bitcoin cryptocurrency with a target at 6000. Bitcoin forecast & analysis BTC/USD July 11, 2018 In favor of lowering the quotations of the BTC/USD cryptocurrency, a lower limit test of the channel will be made, as well as a resistance level test. Earlier, we received a…
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. As part of Efriy’s forecast, the Ichimoku Kinko Hyo cloud bottom test is expected near the 445 level, from which it is expected to rebound and attempt to continue falling ETH/USD with a target below the level of 395. Ethereum forecast & analysis ETH/USD July 11, 2018 An additional signal in favor of reducing the cryptocurrency will be a test of the resistance area, as well as a rebound from the lower boundary…
Litecoin LTC/USD is trading at the level of 75.39. 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 is expected near the level of 78.00, from which one should expect a rebound and an attempt to continue the decline of LTC/USD with a target below 68.00 Litecoin forecast & analysis LTC/USD July 11, 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 0.45, from which we should expect a rebound and an attempt to continue reducing the cryptocurrency with a target near the level of 0.39. Ripple forecast & analysis XRP/USD July 11, 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 of the…
Bitcoin Cash BCH/USD is trading at 691. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. As part of the forecast for the course, the Ichimoku Kinko Hyo Cloud lower limit test is expected near the 725 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 620. Bitcoin Cash forecast & analysis BCH/USD July 11, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of…
The currency pair Euro Dollar EUR/USD continues to move within the growth and bearish channel. At the time of publication of the forecast, the euro exchange rate is 1.1702. At this point, we should expect an attempt to test the lower border of the channel near the area of 1.1700, where we can expect an attempt to rebound and continue the growth of the Euro/Dollar with a target above the level of 1.1870. EUR/USD forecast & technical analysis July 11, 2018 In favor of the EUR/USD quotes growth, the support area test will be performed on the relative strength index…
Currency pair Pound Dollar GBP/USD continues to move within the correction and the bearish channel. At the time of publication of the forecast, the Pound/Dollar rate is 1.3275. At this point, we should expect an attempt to test the upper boundary of the channel near the level of 1.3320, where again we should expect a rebound and a continued decrease in the Pound/Dollar. The target of the fall of the GBP/USD pair is the low level area of 1.2980. GBP/USD forecast & technical analysis July 11, 2018 In favor of reducing the pair on Forex will test the resistance line…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish trend of «Wolfe Wave». At the time of publication of the forecast, the Australian dollar to the US dollar is 0.7433. At the moment, we should expect a test of the resistance area near the level of 0.7445 and the continuation of the fall of quotations in the area below the level of 0.7300 as part of the development of the «Wolfe Wave» model. AUD/USD forecast & technical analysis July 11, 2018 In favor of the fall of the pair AUD/USD, a trend line test will…
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 dollar exchange rate against the Japanese yen is 111.30. At the moment, we should expect an attempt to test the support area near the level of 110.85 and continue the growth of the pair USD/JPY in the area above the level of 112.70 as part of the start of the «Triangle» model. USD/JPY forecast & technical analysis July 11, 2018 In favor of the growth of the pair USD/JPY will perform…