Bitcoin BTC/USD is trading at 6376. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud near the level 6200 is expected to test the upper boundary, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 7000 level. Bitcoin forecast & analysis BTC/USD July 1, 2018 In favor of growth of quotations of cryptocurrency, a test of the support area will perform. Earlier, a weak signal was received for buy of Bitcoin cryptocurrency, due…
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.
Ethereum ETH/USD is traded at the level of 450. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test near the 455 level, from which one should expect a rebound and an attempt to continue the fall of ETH/USD with a target below the level of 365. Ethereum forecast & analysis ETH/USD July 1, 2018 An additional signal in the fall of the cryptocurrency will be a test of the resistance area, as well as a test of the upper boundary of…
Litecoin LTC/USD is trading at 81.81. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 82.50 is expected to test the bottom of the cloud, from which one should expect a rebound and an attempt to drop LTC/USD with a target below 63.00 Litecoin forecast & analysis LTC/USD July 1, 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…
Ripple XRP/USD is trading at 0.45. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud near the 0.46 level is expected to test near the level of 0.46, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target near the level of 0.38. Ripple forecast & analysis XRP/USD July 1, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, a weak signal was received for…
Bitcoin Cash BCH/USD is trading at 753. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the 760 level is expected to be tested near the level 760, from which it is expected to attempt a rebound and continue falling of the crypto currency with a target below the level of 545. Bitcoin Cash forecast & analysis BCH/USD July 1, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1652 and continues to move within the bearish trend. At this point, we should expect an attempt to test the support area near the level of 1.1500 and the start of the growth of the euro/dollar in the area above the level of 1.2070. EUR/USD weekly forecast July 2 — 6, 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 the pair’s quotes in…
Quotes of BRENT crude oil close the trading week near the area of 78.57 dollars per barrel. It is worth waiting for the test of the support area test near the level of 75.20 and the beginning of oil growth in the region above the level of 85.00 dollars per barrel. BRENT crude oil forecast July 2 — 6, 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…
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3143. 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 1.3500 and continue falling quotations in the area below the level of 1.2550. GBP/USD weekly forecast July 2 — 6, 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 a strong growth and…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 62.75 Rubles for the 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 upper limit of the Triangle model near the level of 62.20 and the continuation of the growth of the pair above the level of 67.00. USD/RUB weekly forecast July 2 — 6, 2018 In favor of the growth of the Dollar/Ruble pair will test the trend line on the indicator of relative strength…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7375. The pair continues to move in a bearish trend. At the moment, we should expect a test of the support level test near the 0.7330 area and the beginning of the AUD/USD growth with a target above 0.7650 as part of the development of the bullish « Wolfe Wave» model. AUD/USD weekly forecast July 2 — 6, 2018 In favor of growth, a test of the support area on the indicator of relative strength index (RSI) will perform. Cancellation of the AUD/USD growth option…