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 79.09 dollars per barrel. At the moment, we should expect an attempt to test the resistance area near the level of 80.00 dollars per barrel. Further, the fall of oil to the area below the level of 76.50 within the beginning of the development of the «Wolfe Wave» model. BRENT forecast & technical analysis July 11, 2018 In favor of lower quotations and prices for oil BRENT will test the trend line on…
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.
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the bearish channel. At the time of publication of the forecast, the US Dollar rate against the Canadian Dollar is 1.3133. At the moment, we should expect an attempt to test the support level near the 1.3095 area and continue the pair’s growth to the area above the level of 1.3275 within the beginning of the development of the inverted «Head and Shoulders» model. USD/CAD forecast & technical analysis July 11, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of…
Quotes of GOLD continue to move within the fall and bearish channel. At the time of publication of the forecast, the GOLD price is 1247. At this point, we should expect an attempt to test the resistance level near the area of 1260. Whence we should expect a rebound and continue the fall in the price of GOLD with a target below the level of 1225. XAU/USD forecast & technical analysis July 11, 2018 In favor of falling quotations XAU/USD will test the resistance area on the indicator of relative strength index (RSI). The reversal of the decline in GOLD…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At the time of publication of the forecast, the New Zealand Dollar rate to the US Dollar is 0.6810. At this point, we should expect an attempt to test the resistance level near the area of 0.6830 and continue falling to the area below the level of 0.6760. NZD/USD forecast & technical analysis July 11, 2018 In favor of reducing the pair NZD/USD will perform a downtrend test on the indicator of relative strength index (RSI). The cancellation of the New Zealand…
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 0.9951. At the moment, we should expect a test of the support area near the level of 0.9890 and the continuation of 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 11, 2018 In favor of the growth of the Dollar Franc, an uptrend test…
Currency pair US Dollar Russian Ruble USD/RUB continues movement within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 62.56. At the moment, we should expect an attempt to test the support area near the level of 62.15 Ruble for the US Dollar and continue to grow the pair in the area above the level of 65.00. USD/RUB forecast & technical analysis July 11, 2018 In favor of the growth of the pair USD/RUB will perform a test of the support line…
Bitcoin BTC/USD are traded at 6431 and continue to move in the fall. At this point, we should expect an attempt to test the lower border of the channel near the area of 6585. 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 11, 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 drop option will…
Bitcoin BTC/USD is trading at 6695. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 6630, from which one should expect a rebound and an attempt to continue the growth of Bitcoin cryptocurrency with a target at 7200 level. Bitcoin forecast & analysis BTC/USD July 10, 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 well as a test of…
Ethereum ETH/USD is traded at 476. 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 465 level, from which we should expect a rebound and an attempt to continue the growth of ETH/USD with a target above the level of 540. Ethereum forecast & analysis ETH/USD July 10, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support area, as well as a rebound from the lower boundary of the…
Litecoin LTC/USD is trading at 81.93. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 80.60, from which it is expected to rebound and try to grow LTC/USD with a target above 95.00 Litecoin forecast & analysis LTC/USD July 10, 2018 An additional signal in favor of the growth of the Litecoin cryptocurrency will be a support level test, as well as a lower channel test. Earlier, a medium strength signal was received for buy…