Bitcoin BTC/USD is trading at 4258. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. A test of the broken border of the indicator near the 4100 area is expected, from which it is expected to attempt a rebound and continue growth with the target near the 4700 level. Earlier, a medium strength signal was obtained for buying of Bitcoin cryptocurrency, by crossing the signal lines at 3870. Bitcoin prediction & analysis BTC/USD on August 29, 2017 The abolition of the Bitcoin quotation growth scenario would be a breakdown…
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 Dollar Franc USD/CHF completes trading week near the level of 0.9565. At this point, we should expect an attempt to correct the pair’s quotes in the upper-bounds of the downlink near the 0.9740 level. USD CHF weekly forecast on August 28 — September 1, 2017 Whence again it is necessary to expect falling of quotations of pair in the area below the level of 0.9250. In favor of the drop, a resistance area test will be performed on the relative strength indicator (RSI). Cancellation of the fall variant will be a strong growth and breakdown of the area…
Quotes of the New Zealand Dollar against the US Dollar NZD/USD close the trading week near the area of 0.7240. At the moment, we should expect an attempt to continue growth in the area above the level of 0.7360. Whence again we should expect a rebound and a drop in NZD/USD quotations with a potential target below the area of 0.6990. NZD USD weekly forecast on August 28 — September 1, 2017 In favor of the fall of the pair NZD/USD will perform a test of a broken trend line on the indicator of relative strength index (RSI). The reversal…
Quotes Gold XAU/USD close the trading week near the area of 1292. Quotes continue to move within the lateral trend and are currently testing resistance near the 1300 area. It is worth expecting a rebound attempt and the beginning of the fall in GOLD prices in the region below the level of 1220. XAU USD weekly forecast on August 28 — September 1, 2017 In favor of falling quotations and the price of Gold is the formation of the reversal model of the «Head and Shoulders» on the indicator of relative strength index (RSI). Cancellation of the variant of the…
Quotations of the pair USD/JPY close the trading week near the area of 109.20. The pair continues to test the support area. It is expected to rebound and the pair’s growth of the Dollar/Yen is above the level of 113.50. In favor of the growth of the pair is the formation of a reversal model the «Failure Swing» on the indicator of relative strength index (RSI). USD JPY weekly forecast on August 28 — September 1, 2017 The cancellation of the growth variant of the pair USD/JPY in the current trading week will be the fall and breakdown of the…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2472. The pair continues to move within the bearish channel. At this point, we should expect a test of the level 1.2420 and the beginning of correction to the region of the upper border of the channel near the area of 1.2750. USD CAD weekly forecast on August 28 — September 1, 2017 In favor of the growth of the pair is the formation of a model the failure swing on the indicator of relative strength index (RSI). The cancellation of the growth of…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near area of 0.7937. At this point, you should expect a rebound in the quotes above the 0.8050 level. Whence again it is necessary to expect continuation of decrease in quotations AUD/USD in the support area near the level of 0.7750. AUD USD weekly forecast on August 28 — September 1, 2017 In favor of the fall of the pair, a test of the broken trend line will appear on the indicator of relative strength. The cancellation of the fall of the AUD/USD pair will trigger a breakdown at…
Currency pair USD/RUB closes the trading week near the level of 58.77 rubles to the US dollar. At the moment, the pair continues to trade in the bearish channel. It is necessary to expect a test of the upper limit and continuation of the decline in the area below the level of 56.60 rubles per US dollar. USD RUB weekly forecast on August 28 — September 1, 2017 In favor of falling quotes of the Dollar/Ruble pair will perform a test of a broken trend line on the indicator of relative strength. Expect to accelerate the fall is a breakdown…
Currency pair British Pound to US Dollar GBP/USD completes the trading week near the area of 1.2880. The pair continues to move within the bullish channel. At this point, we should expect a rebound from the support level and an attempt to increase the quotes of the pound dollar to an area above the level of 1.3250. GBP USD weekly forecast on August 28 — September 1, 2017 In favor of growth is the test of the support line on the indicator of relative strength index. The cancellation of the GBP/USD growth option on Forex will be triggered by the…
Quotes of BRENT crude oil close the trading week near the area of $ 51.69 per barrel. It is worth waiting for an attempt to test the level of 52.50 and continue falling quotations and oil prices in the area below the level of $ 45 per barrel. In favor of the drop is a rebound from the resistance level on the price chart, as well as a downlink resistance test on the relative strength indicator (RSI). BRENT weekly forecast on August 28 — September 1, 2017 Canceling the option of lowering quotations and oil prices in the current trading…