Ethereum ETH/USD is traded at 286. The currency is traded within the Ichimoku Kinko Hyo Cloud, indicating a trend reversal in favor of the Ethereum side. Ichimoku Kinko Hyo Cloud near the level 287 is expected to be tested near the level of 287, from which we should expect a growth attempt near the level of 300. Earlier, we received a weak signal for sales of the Ethereum Crypto currency, by crossing the signal lines at level 303. Ethereum forecast & analysis ETH/USD on August 17, 2017 Cancellation of the growth scenario for Ethereum quotations will be a breakdown The…
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 Classic ETC/USD is trading at the level of 13.24. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. The test area of the signal lines is expected. The Ichimoku Kinko Hyo cloud near the level of 13.75, from where it is expected to attempt a rebound and a fall with a target near the level of 12.00. In favor of the rebound is the test of the support area. Ethereum Classic forecast & analysis on August 17, 2017 Earlier, we received a weak signal for sales of…
Dashcoin DSH/USD is trading at level 213. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Dashcoin. A level 207 test is expected and the development of the bullish trend continues near the level of 230. Earlier, a strong signal was received for buying of Dashcoin cryptocurrency due to the crossing of signal lines at level 201. Dashcoin forecast & analysis DSH/USD on August 17, 2017 The cancellation of the growth of Dashcoin quotations will be the breakdown of the lower boundary of Ichimoku Kinko Hyo…
Bitcoin BTC/USD is trading at 4140. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. The Ichimoku Kinko Hyo indicator signal line test is near the 4000 level, from which it is expected to try to grow and further develop the bullish trend for BTC/USD with a target near the 4500 level. An additional signal in favor of growth will be the test of the support area. Also, we should not exclude the attempt to form the «Head and Shoulders» reversal model, which will start working out in the…
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 a rebound from the support level of 1.17 and the beginning of growth in the area above the level of 1.19. EUR/USD forecast & analysis Euro Dollar on August 16, 2017 In favor of the growth of the euro against the US dollar is the test of the support line on the indicator of relative strength index (RSI) on the daily chart of the pair. Cancellation of the variant of growth of quotations of the…
The currency pair British Pound to US Dollar GBP/USD continues to move as part of the development of the bearish Wolfe wave model with a potential drop target below 1.26. At this point, we should expect a rebound and a rise in the quotations of the Pound/Dollar in the resistance area at 1.2930, where again we should expect a pair fall with a potential target near the area of 1.2600. GBP/USD forecast & analysis Pound Dollar on August 16, 2017 Abolishing the option of reducing the pair will be a strong growth and breakdown of the area of 1.3010, which…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish channel, we should expect a rebound and growth in the area of the upper boundary and the continuation of the decline. In favor of falling quotations of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI). AUD/USD forecast & technical analysis on August 16, 2017 The cancellation of the variant of the Australian Dollar price reduction will be the breakdown of the upper border of the channel and the closing above the level of 0.7950, which will indicate the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continues to move within the framework of the Forex Triangle model. At this point, there is potential for forming an inverted «Head and Shoulders» model with a test of the area of 109.70, from which we should expect a rebound and an increase in the pair’s quotations to an area above the level of 112.50. USD/JPY forecast & technical analysis on August 16, 2017 The cancellation of the variant of growth will be the fall and breakdown of the area 108.30, which will indicate the acceleration of the pair…
Quotes of BRENT crude oil continue to move within the ascending channel. It is worth waiting for an attempt to break the lower border and continue the decline in the area below the level of $ 46 per barrel. In favor of the fall is the breakdown of the support line on the indicator of relative strength. Analysis & forecast crude oil on August 16, 2017 The abolition of the decline in oil prices will be a strong growth and breakdown of the region 53, which will indicate the continued growth of oil in the local maximum area. Expect the…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of an bullish correction. At this point, we should expect an attempt to drop the pair in the lower boundary area near the level of 1.2680. USD/CAD forecast & technical analysis on August 16, 2017 Whence again it is necessary to expect the continuation of the growth of the pair USD/CAD above the level of 1.2850. In favor of growth, a test of the support line on the indicator of relative strength index (RSI) will perform. The cancellation of the variant of growth will be…