Bitcoin BTC/USD completes the trading week near the area of 4653. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in Bitcoin. A test of the signal line area near the 4400 level is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 5400. Bitcoin weekly forecast on September 11 — 15, 2017 An additional signal in favor of the growth of the cryptocurrency will be the test of the lower boundary of the uplink. Earlier, a medium strength signal was…
Author: forex24pro
The currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of the bullish channel. At the moment, we should expect an attempt to fall into the region of the lower border of the channel near the level of 1.1850. Whence again we should expect the continuation of the growth of quotations of the euro/dollar for the target above the area of 1.1970. EUR/USD forecast & analysis Euro Dollar on September 8, 2017 In favor of reducing the pair is the resistance line test on the relative strength indicator. The cancellation of the variant of falling…
The currency pair British Pound to US Dollar GBP/USD continues to move within the upward movement. At this point, we should expect a rebound from the level of the upper boundary of the bearish model «5-0» and the fall in quotations of the Pound against the US dollar in the area below 1.2650. GBP/USD forecast & analysis Pound Dollar on September 8, 2017 In favor of reducing the pair Pound/Dollar on Forex is the test of the bearish resistance line on the indicator of relative strength index (RSI). The abolition of the pair’s downgrade option will be strong growth and…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the rising channel. At this point, the pair is testing the upper boundary of the channel. It is worth waiting for a rebound attempt from the level of 0.8030 and falling into the area below the level of 0.7900. AUD/USD forecast & technical analysis on September 8, 2017 In favor of the fall of the pair is the resistance area test on the relative strength indicator (RSI). The cancellation of the variant of the Australian Dollar price reduction will be a breakdown at the level of 0.81, which…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY are trading within the limits of the decline. At this point, we should expect a test level of 108.50, from which we should expect a rebound and the beginning of the pair’s growth in the area above the level of 110.45. USD/JPY forecast & technical analysis on September 8, 2017 In favor of the growth of the Dollar/Yen pair is the formation of a reversal pattern the «Failure Swing» on the relative strength indicator (RSI), which indicates the breakdown of the 109.50 area by closing prices. Cancellation of the…
Quotes of BRENT crude oil continue to trade as part of the growth. At this point, we should expect a rebound from the level of $ 54 per barrel and falling quotes with a potential target near the area of 51.80. In favor of falling quotations and prices for oil BRENT is a test of the resistance line on the indicator of relative strength index (RSI). Technical analysis & forecast crude oil on September 8, 2017 Cancellation of the fall in oil prices will be a strong growth and breakdown of the region of $ 55 per barrel, which will…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the fall. It is worth waiting for an attempt to test the upper limit of the bearish channel near 1.2270 from which it is expected to rebound and fall of quotations of the pair below the level of 1.2050. USD/CAD forecast & technical analysis on September 8, 2017 In favor of falling quotations of the Canadian Dollar will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD fall on the Forex market will be a strong growth and breakdown…
Quotes Gold XAU/USD continue to move within the growth framework. At the moment, we should expect a test of the support area near the level of 1330, where again we should expect a rebound and growth of quotations and Gold prices above the level of 1370. XAU/USD forecast & technical analysis on September 8, 2017 In favor of the growth of XAU/USD quotations, a support line test will be performed on the relative strength indicator (RSI). Expect the acceleration of growth is with the breakdown of the level of 1350. The abolition of the variant of the growth of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bull model of the Wolfe wave. At the moment, we should expect a test of the level of 0.7170, where again we should expect the continuation of growth with a potential target near 0.74. NZD/USD forecast & technical analysis on September 8, 2017 In favor of the growth of the pair is the formation of an inverted model of the «Head and Shoulders». Expect to accelerate the growth of quotations NZD/USD is with a breakdown of the level of 0.7280. The cancellation of…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the limits of the decline. At the moment, we should expect a test of the level of 0.9515 and the beginning of the growth of the pair’s quotations to the area above the level of 0.9645. USD/CHF forecast & technical analysis on September 8, 2017 In favor of the growth of the Dollar/Franc pair is the test of the support area on the indicator of relative strength index (RSI). Expect the acceleration of the pair’s growth Dollar/Franc is the breakdown of the upper limit of the Wedge model.…