The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within a downward momentum. It is expected to continue the decline in quotations in the area of 1.2395, after correction to the level of the upper boundary of the channel. In favor of falling quotations of the Canadian Dollar will perform a test of the resistance line on the indicator of relative strength index (RSI). USD/CAD forecast & technical analysis on August 30, 2017 The cancellation of the USD/CAD fall on the Forex market will be strong growth and breakdown of the area of 1.2540, which will indicate…
Author: forex24pro
Quotes Gold XAU/USD continue to move within the framework of strong growth. At the moment, quotes have broken through the upper boundary of the channel. It is worth waiting for an attempt to test the broken border and continue the growth of quotations and prices for GOLD in the area above the level of 1345. XAU/USD forecast & technical analysis GOLD on August 30, 2017 In favor of the growth of quotations XAU/USD is the breakdown of the resistance line on the indicator of relative strength index (RSI). Expect the acceleration of growth is with the breakdown of the level…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. It is expected to rebound quotes from the upper boundary of the channel and the beginning of the fall in the area below the level of 0.7160. NZD/USD forecast & technical analysis on August 30, 2017 Expect to accelerate the fall in quotations NZD/USD is with the breakdown of the lower boundary of the channel and the consolidation of quotations below the level of 0.7120. The cancellation of the New Zealand Dollar quotation will result in a strong growth and breakdown…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the limits of the decline. At this point, we should expect a rebound and growth of quotations of the pair in the upper-range area near the level of 0.9480. USD/CHF forecast & technical analysis on August 30, 2017 Where again we should expect a rebound and a drop in quotations in the area below 0.9350. In favor of the fall of the pair, the Dollar Frank will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the USD/CHF decline option will result…
Currency pair US Dollar to Russian Ruble USD/RUB continues to trade below the Triangle boundary line. At this point, we should expect a rebound from the breached model and continue the decline in the Dollar/Ruble pair quotations with a potential target below the level of 57.25. USD/RUB forecast & technical analysis on August 30, 2017 In favor of the drop, a resistance line test will be performed on the relative strength indicator (RSI). The abolition of the option of reducing the Dollar/Ruble pair will result in a strong growth and breakdown of the region of 59.50, indicating that the pair…
Zcash ZEC/USD is trading at 272. Cryptocurrency is trading above the upper Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Zcash. A test of the lower border of the uplink near the level 245 is expected, from which it is expected to attempt a rebound and further development of the bullish trend with a target to growth near the level of 320. An additional signal in favor of the growth of the cryptocurrency quotes will be the test of the support area. Zcash forecast & analysis ZEC/USD on August 30, 2017 Earlier, a strong signal was received for buying…
Ripple XRP/USD is trading at the level of 0.2158. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Expected to test the lower boundary of the Cloud near the level of 0.22, from which it is expected to rebound and drop the cryptocurrency with the target near the level of 0.1575. Ripple forecast & analysis XRP/USD on August 30, 2017 Earlier, a weak signal was received for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2300. Cancellation of the fall of the quotations…
Monero XMR/USD is trading at 137. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Monero. A test of the lower border of the upside near the area 135 is expected, from which one should expect a rebound and the continuation of the development of the bullish trend with a target near the level of 170. Monero forecast & analysis XMR/USD on August 30, 2017 Earlier, a strong signal was received for buying of the Montero cryptocurrency, by crossing the signal lines at level 62. The abolition of the Monero…
Litecoin LTC/USD is trading at level 60. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend in Litecoin. It is expected to test the area of the signal lines of the indicator near the level 57, from which it is expected to rebound and continue the growth of LTC/USD with a target above the level of 70. Litecoin forecast & analysis LTC/USD on August 30, 2017 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the uplink.…
Ethereum ETH/USD is traded at the level of 355. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in Ethereum. It is expected to test the area of the signal lines of the indicator near the level of 345, from which we should expect a rebound and an attempt at growth at the level of 395. Ethereum forecast & analysis ETH/USD on August 30, 2017 Previously, a strong signal was obtained for buying of Ethereum cryptocurrency, by crossing signal lines at level 318. The abolition of the Ethereum growth scenario…