The currency pair British Pound to US Dollar GBP/USD continues to move in the fall. At this point, we should expect a rebound and the continued growth of quotations of the Pound against the US Dollar in the area above the level of 1.3010. GBP/USD forecast & analysis Pound Dollar on August 31, 2017 Where again we can expect a rebound and a fall in the pair’s quotes with a potential target near the level of 1.2870, as part of the start-up of the bearish wave model of Wolfe. In favor of the growth of the Pound/Dollar pair on Forex…
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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.
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the descending channel and the bearish model 5-0. At this point, we should expect an attempt to test the upper boundary of the channel and fall into the support area at the level of 0.7800. AUD/USD forecast & technical analysis on August 31, 2017 In favor of the fall of the pair is the breakdown of the ascending trend line 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 0.8000,…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY are trading within the upward momentum. At the moment, we should expect a test of the upper border of the channel near the area of 110.40 and continue the decline of the pair into the area below the level of 108.20. USD/JPY forecast & technical analysis on August 31, 2017 In favor of the fall of the Dollar/Yen pair is the resistance line test on the relative strength indicator (RSI). The abolition of the fall option will be a strong growth and breakdown of the area of 110.70, indicating…
Quotes of BRENT crude oil continue to trade below the lower limit of the «Triangle» model. At this point, we should expect an attempt to test the broken model boundary and continue the decline to an area below the level of $ 49 per barrel. Technical analysis & forecast crude oil on August 31, 2017 In favor of falling quotes and prices for oil BRENT is a test of the resistance line on the indicator of relative strength index (RSI). Abolition of the variant of falling oil prices will be a strong growth and breakdown of the region 53 dollars…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the upward correction. It is worth waiting for an attempt to test the resistance level and lower quotations in the area below 1.2500. In favor of falling quotations of the Canadian Dollar is the resistance line test on the indicator of relative strength index (RSI). USD/CAD forecast & technical analysis on August 31, 2017 The cancellation of the USD/CAD fall on the Forex market will be strong growth and breakdown of the area of 1.2640, which will indicate the continued growth of the pair with a potential…
Quotes Gold XAU/USD continue to move within the correction. At the moment, we should expect a test of the support area near the level of 1295, where again we should expect a rebound and growth of quotations and GOLD prices above the level of 1320. XAU/USD forecast & technical analysis GOLD on August 31, 2017 In favor of the growth of XAU/USD quotations, a support line test will be performed on the relative strength indicator (RSI). Expect the acceleration of growth is with the breakdown of the level of 1317. The cancellation of the variant of the growth of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. It is worth waiting for the test of the upper border of the channel near the level of 0.7280 and continuation of the fall in the area below the level of 0.7140. NZD/USD forecast & technical analysis on August 31, 2017 Expect to accelerate the fall in quotations NZD/USD is with the breakdown of the lower boundary of the channel and the consolidation of quotations below the level of 0.7120. In favor of the reduction of the pair, there will be…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the bearish channel. At the moment, we should expect a test of the upper border of the channel and the continuation of the pair’s quotes decline into the area below the level of 0.9445. USD/CHF forecast & technical analysis on August 31, 2017 In favor of the fall of the pair, the Dollar/Franc will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the USD/CHF decline option will result in a strong growth and breakdown of the area of 0.9650, which will…
Currency pair US Dollar to Russian Ruble USD/RUB continues to trade below the «Triangle» boundary line. At the moment, we should expect a test of the support area near the level of 58 rubles per dollar and the continuation of the growth of the Dollar/Ruble pair quotations above the level of 59.50. USD/RUB forecast & technical analysis on August 31, 2017 In favor of the growth of the pair will make the formation of the reversal model of the «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the growth variant of the Dollar Ruble…
Zcash ZEC/USD is trading at 277. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Zcash. A test of the lower border of the uplink near level 270 is expected, from which it is expected to attempt a rebound and further development of the bullish trend with a target to growth near level 320. An additional signal in favor of the growth of the cryptocurrency quotes will come from the support area test. Zcash prediction & analysis ZEC/USD on August 31, 2017 Earlier, a weak signal was received for sales…