Author: 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 6561. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the level of 6500, from which we should expect a rebound and an attempt to continue the growth of Bitcoin cryptocurrency with a target at 7000. Bitcoin forecast & analysis BTC/USD July 8, 2018 In support of the growth of the BTC/USD cryptocurrency quotes, a support level test will perform, as well as a test of the lower limit of the «Triangle» model. Earlier, a…

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Ethereum ETH/USD is traded at 466. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper limit test is expected near level 460, from which one should expect a rebound and an attempt to continue the growth of ETH/USD with a target above the level of 520. Ethereum forecast & analysis ETH/USD July 8, 2018 An additional signal in favor of the growth of the cryptocurrency will be the support area test, as well as the lower bound of the «Triangle» model. Earlier, a…

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Litecoin LTC/USD is trading at 80.54. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The Ichimoku Kinko Hyo cloud is expected to test near the 81.00 level, from which it is expected to rebound and attempt to drop LTC/USD with a target below 72.00 Litecoin forecast & analysis LTC/USD July 8, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary of the bearish channel. Earlier, we received a…

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Ripple XRP/USD is trading at 0.46. 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 level of 0.4650, from which we should expect a rebound and an attempt to continue the decline of the cryptocurrency with the target near the level of 0.42. Ripple forecast & analysis XRP/USD July 8, 2018 An additional signal in favor of the fall of the XRP/USD cryptocurrency will be a resistance level test. Earlier, a weak signal was received for sell…

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Bitcoin Cash BCH/USD is trading at 726. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The Ichimoku Kinko Hyo cloud is expected to test near the level 735, 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 640. Bitcoin Cash forecast & analysis BCH/USD July 8, 2018 An additional signal in favor of reducing the cryptocurrency will be a test of the resistance region, as well as a test of the upper…

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Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​1.1752 and continues to move within the framework of the «Triangle» model. At this point, we should expect an attempt to test the support area near the level of 1.1650 and the beginning of the growth of the euro dollar in the area above the level of 1.2070. EUR/USD weekly forecast July 9 — 13, 2018 In favor of the growth of EUR/USD is the formation of the reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the growth of…

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Quotes of BRENT crude oil close the trading week near the area of ​​76.99 dollars per barrel. It is worth waiting for the test of the support area test near the level of 75.00 and the beginning of oil growth in the region above the level of 85.00 dollars per barrel. BRENT crude oil forecast July 9 — 13, 2018 An additional signal for the growth of oil quotes in the current trading week will be a test of the support line on the indicator of relative strength index (RSI). The cancellation of the variant of growth of quotations and…

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Currency pair Pound Dollar GBP/USD closes the trading week near the area of ​​1.3261. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the resistance area near the level of 1.3450 and continue falling quotations in the area below the level of 1.2650. GBP/USD weekly forecast July 9 — 13, 2018 In favor of the fall of the British Pound, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall of the pair will result in strong growth and breakdown…

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Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near level 63.01 Ruble for US Dollar. The pair continues to move within the correction and the start of the «Triangle» model. At the moment, we should expect a test of the support area near the level of 62.50 and the continuation of the pair’s growth above the level of 65.00. USD/RUB weekly forecast July 9 — 13, 2018 In favor of the growth of the Dollar/Ruble pair will test the trend line on the indicator of relative strength index (RSI). Canceling the option of continuing the growth…

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Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of ​​0.7422. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the area of ​​0.7490 and continue the fall of AUD/USD with a target below 0.7150. AUD/USD weekly forecast July 9 — 13, 2018 In favor of the fall of the pair on Forex will test the bearish trend line on the indicator of relative strength index (RSI). The cancellation of the AUD/USD decline option will result in a…

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