Quotes Gold XAU/USD continue to move within the framework of a bearish correction. At the moment, we should expect an attempt to test the level of 1280 and the beginning of the fall in the area below the level of 1250 as part of the development of the bearish wave model of Wolfe. XAU/USD forecast & technical analysis GOLD on August 16, 2017 In favor of the growth of quotations XAU/USD is the test of the support line on the indicator of relative strength index (RSI). The cancellation of the variant of the drop in the price of GOLD will…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the formation of the «Head and Shoulders» reversal pattern. It is expected to rebound the pair in the area above the level of 0.7410 and then continue the decline in the area below the level of 0.7050. NZD/USD forecast & technical analysis on August 16, 2017 In favor of the growth of quotations from current levels is the test of the support line on the indicator of relative strength index (RSI). Cancellation of the growth option will be a fall and breakdown…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of the formation of the bearish wave model of Wolfe. At this point, we should expect the growth of the Dollar/Franc pair to continue above the level of 0.9790, from which we should expect the pair to rebound and fall below 0.9540, within the framework of the bearish model. USD/CHF forecast & technical analysis on August 16, 2017 In favor of the fall of the Dollar/Franc pair is the resistance area test on the relative strength indicator. Canceling the option of reducing the pair USD/CHF on…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the Triangle model. At the moment, we should expect a test of the support area near the area of 59.50 rubles per dollar and then continue to grow above the level of 63 rubles. USD/RUB forecast & technical analysis on August 16, 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 the acceleration of the pair USD/RUB pair growth with the breakdown of the upper bound of the Triangle model and…
Bitcoin BTC/USD is traded at 4118. 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 3900 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 a test of the support area. Bitcoin prediction & analysis BTC/USD on August 16, 2017 Earlier, a strong signal was received for the buying of Bitcoin cryptocurrency due…
Dashcoin DSH/USD is traded at 197 level. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Dashcoin. It is expected to rebound quotes from the upper boundary of the Ichimoku Kinko Hyo Cloud and the continuation of the development of the bullish trend with a target near the level of 215. Dashcoin prediction & analysis DSH/USD on August 16, 2017 Earlier, a weak signal was received for sales of Dashcoin cryptocurrency, by crossing the signal lines at level 200. The abolition of the growth of Dashcoin quotations…
Ethereum Classic ETC/USD is trading at 13.30. 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. Ichimoku Kinko Hyo cloud near the level of 13.80, from where it is expected to attempt a rebound and a fall with a target near the level of 12.00. Ethereum Classic prediction & analysis on August 16, 2017 Earlier, we received a weak signal for sales of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of…
Ethereum ETH/USD is traded at 288. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the level of 287, from which one should expect an attempt of growth and further development of the bull tendency on Ethereum for the target of growth near the level of 320. Ethereum prediction & analysis ETH/USD on August 16, 2017 An additional signal in favor of growth is the test of the lower boundary of the Wedge model. Earlier, we received a…
Litecoin LTC/USD is trading at 41.43. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a change in the trend in favor of the bearish Litecoin. Ichimoku Kinko Hyo indicator area test is expected near the level of 43.60, from which it is expected to decrease and further development of the bearish trend with a target near level 38. Litecoin prediction & analysis LTC/USD on August 16, 2017 An additional signal in favor of the drop will be a test of the resistance area. Previously received a weak signal for cryptocurrency Litecoin sales, due…
Monero XMR/USD is trading at 46.44. Cryptocurrency is trading below the lower boundary of the Cloud of Ichimoku Kinko Hyo, which indicates a change in the trend in favor of the bearish Monero. Will test the breached border clouds Ichimoku Kinko Hyo near the level of 47.50, where we can expect an attempt to drop and further development of the bearish trend for the purpose near the level 42. Monero prediction & analysis XMR/USD on August 16, 2017 Previously received a weak signal for cryptocurrency sales Monero, due to the crossing of the signal lines at the level of 50.…