The currency pair Euro to US Dollar EUR/USD continues to be traded within the descending channel. At this point, we should expect a rebound to the upper channel boundary near the level of 1.18, where again we should expect a decline to the level of 1.1650. EUR/USD forecast & analysis Euro Dollar on August 18, 2017 In favor of continuing the decline in the euro/dollar will test the downward resistance line on the indicator of relative strength index (RSI). Abolishing the variant of falling quotations of the euro/dollar will be a breakdown at the level of 1.1850 and a close…
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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.
The currency pair British Pound to US Dollar GBP/USD continues to move within the limits of the decline. At the moment, we should expect a test of the upper border of the channel and the continuation of the decline in the area below the level of 1.28. GBP/USD forecast & analysis Pound Dollar on August 18, 2017 In favor of the fall of the Pound/Dollar pair on Forex will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the pair’s decline option will result in a strong growth and breakdown at the level of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the bearish channel. At the moment, we should expect the pair to grow into the area of 0.7950, where again we should expect the decline to continue. In favor of falling quotations of the pair AUD/USD will test the resistance area on the indicator of relative strength index (RSI). AUD/USD forecast & technical analysis on August 18, 2017 The target of the decrease is the region at the level of the lower boundary of the channel near 0.78. The cancellation of the variant of the Australian Dollar price…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the formation of an inverted «Head and Shoulders» model. At the moment, we should expect a test of the level of 109.60, from which we should expect a rebound and an increase in the pair’s quotes to the area above the level of 112.50, as part of the development of the «Head and Shoulders» reversal model. USD/JPY forecast & technical analysis on August 18, 2017 An additional signal in favor of the growth of the Yen Dollar pair on Forex will be a…
Quotes of BRENT crude oil continue to test the support area. At this point, we should expect an attempt to correct the quotations in the area above the level of 52, where again we should expect the continuation of the decline in oil prices in the region below the level of $ 47 per barrel. Technical analysis & forecast crude oil on August 18, 2017 In favor of the drop, a resistance line test will be performed on the relative strength indicator (RSI). Abolishing the variant of oil price reduction will be a strong growth and breakdown of the region…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the limits of the decline. At this point, we should expect an attempt to rebound the pair’s quotes from the support level with a potential growth target above the level of 1.2850. USD/CAD forecast & technical analysis on August 18, 2017 In favor of the rebound and the growth of quotations of the pair is the test of the support line on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth option on Forex will be the breakdown of the area of 1.2600, which…
Quotes Gold XAU/USD continue to move within the bullish momentum. At this point, we should expect a test level of 1295. In favor of falling quotations XAU/USD is the formation of the reversal model of the «Head and Shoulders» on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis GOLD on August 18, 2017 The cancellation of the variant of the fall in the price of Gold will be the breakdown of the area 1305, which will indicate the continuation of the growth of quotations. Expect to accelerate the fall of quotations is with the breakdown of…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to move as part of the formation of the «Head and Shoulders» reversal pattern. It is expected to continue the growth of the pair in the area above the level of 0.7400 and then start falling to the area below the level of 0.7000. Forex forecast & analysis NZD/USD on August 18, 2017 Canceling the variant of working out the head and shoulders reversal model will be the breakdown of the local maximum area, which will indicate the continued growth of the pair. Important news from…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of the formation of the Triangle model. At the moment, we should expect the test of the lower boundary of the model near the level of 0.9635 and further the continuation of the growth above the level of 0.9740. USD/CHF forecast & technical analysis on August 18, 2017 In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth of the USD/CHF pair on Forex will be…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the Triangle model. At this point, we should expect an attempt to test the bottom of the model near the area of 58.80. Where can we expect a rebound and the growth of quotations in the area above the level of 60.70. USD/RUB forecast & technical analysis on August 18, 2017 In favor of the growth of the Dollar/Ruble pair is the test of the support line on the indicator of relative strength index (RSI). Expect to accelerate the growth of the pair USD/RUB on Forex costs with…