Author: 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.

Ripple XRP/USD is trading at the level of 0.1564. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of ​​Ichimoku Kinko Hyo indicator lines near the level of 0.1635 is expected, from which it is expected to try to fall and further develop the bearish trend with the target near the level of 0.1410. Ripple prediction & analysis XRP/USD on August 16, 2017 Earlier, a weak signal was received to buy Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1635. Ripple cancellation…

Read More

Zcash ZEC/USD is trading at 206. Cryptocurrency trading below the cloud base Ichimoku Kinko Hyo, which indicates a shift in favor of a bearish trend for Zcash. Is expected to test the lower boundary of Ichimoku Kinko Hyo indicator Clouds near the level of 215, from which we can expect an attempt to drop and further development of the bearish trend with a drop target near the level of 180. Zcash prediction & analysis ZEC/USD on August 16, 2017 Previously, it was a weak signal is received for sales cryptocurrency Zcash, due to the crossing of the signal lines at…

Read More

The currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of the bullish channel. At this point, we should expect a test of the level of 1.1840 and the beginning of the fall in the area below the level of 1.16. EUR/USD forecast & technical analysis on August 15, 2017 In favor of the growth of the fall of the euro against the US dollar will test the resistance line on the indicator of relative strength index (RSI). Canceling the variant of falling quotations of the euro dollar forex will be a breakdown of the…

Read More

The currency pair British Pound to US Dollar GBP/USD continues to move within the framework of the «Head and Shoulders» reversal pattern. GBP/USD forecast & analysis Pound Dollar on August 15, 2017 The pair will continue to test the support area. At this point, we should expect a rebound and a rise in the quotations of the Pound/Dollar to the area above the level of 1.3140, where again we should expect the pair to fall with a potential target near the area of ​​1.2760. In favor of the fall of GBP/USD, a resistance line test will be performed on the…

Read More

Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the bearish channel. At this point, we should expect a rebound and a test of the upper boundary of the bearish channel near the area of ​​0.7920. AUD/USD forecast & technical analysis on August 15, 2017 In favor of falling quotations of the pair AUD/USD is the resistance line test on the indicator of relative strength index (RSI). The cancellation of the variant of the Australian Dollar price reduction will be a breakdown at the level of 0.7960, which will indicate continuation of the pair’s growth to 0.8050…

Read More

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the bearish channel. There is a potential for this to form an inverted model of the «Head and Shoulders». It is worth waiting for the test level 109.20 and the beginning of the growth of the pair in the area above the level of 111.60. USD/JPY forecast & technical analysis on August 15, 2017 In favor of reducing the pair of Yen Dollar is the resistance line test on the indicator of relative strength index (RSI). The cancellation of the variant of growth will be…

Read More

Quotes of BRENT oil will make a move within the bullish channel. It is worth waiting for an attempt to drop quotations to the lower boundary at $ 50 per barrel. In favor of the fall is the breakdown of the support line on the indicator of relative strength index (RSI). Analysis & forecast BRENT oil prices on August 15, 2017 The abolition of the option of reducing oil prices will be a strong growth and breakdown of the region 54, which will indicate the continued growth of oil. Expect the acceleration of the drop in quotes BRENT is with…

Read More

The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the bullish channel. At this point, we should expect an attempt to drop the pair in the lower boundary area near the level of 1.2680. Whence again it is necessary to expect the continuation of the growth of the pair USD/CAD above the level of 1.2850. USD/CAD forecast & technical analysis on August 15, 2017 The cancellation of the variant of growth will be the breakdown of the area of ​​1.2600, which will indicate the continuation of the pair’s decline into the area of ​​1.2420. Expect to…

Read More

Quotes Gold XAU/USD continue to move within the framework of a strong bullish momentum. At the moment, we should expect an attempt to fall into the area below the level of 1250 as part of the start-up of the bearish wave model of Wolfe. XAU/USD forecast & technical analysis GOLD on August 15, 2017 In favor of falling quotations XAU/USD will make the formation of a reversal model the failure swing on the indicator of relative strength index (RSI). The cancellation of the variant of the fall in the price of Gold will be the breakdown of the area of…

Read More

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 necessary to expect the growth of quotations in the area above the level of 0.7410 and further continue the decline in the area below the level of 0.7050. NZD/USD forecast & technical analysis on August 15, 2017 In favor of the growth of quotations of the pair NZD/USD is the formation of a reversal model the failure swing on the indicator of relative strength index (RSI). Cancellation of the growth option…

Read More