The currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of the bullish channel. At the moment, there is a potential for falling quotations of the euro dollar in the region of the lower border of the channel at the level of 1.1715. EUR/USD forecast & analysis Euro Dollar on August 8, 2017 In favor of the decline is the breakdown of the support line on the indicator of relative strength index (RSI). In the event of a breakdown of the lower border of the channel and the consolidation of quotations below the level of…
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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 start of the Wedge turnout. It is worth waiting for a correction attempt to the area of 1.3110 and continuing the decline of the pound/dollar pair into the area below the level of 1.2840. GBP/USD forecast & analysis Pound Dollar on August 8, 2017 In favor of falling quotations GBP/USD will perform a test of a broken trend line on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the region of 1.3250, which…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move near the area of 0.7930. At the moment, we should expect a test of 0.80 level and continue the decline of the pair in the area below the level of 0.7720. AUD/USD forecast & technical analysis on August 8, 2017 In favor of falling quotations of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of falling quotations will be a breakdown at 0.8090, indicating that the pair will continue to grow. Important news from Australia is…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the Triangle model. At the moment, there is a potential for testing the lower boundary of the model at 110.20 and continuing the growth above the level of 112.50. USD/JPY forecast & technical analysis on August 8, 2017 In favor of the pair’s growth, the Yen Dollar will test the support line on the indicator of relative strength index (RSI). The cancellation of the pair’s growth option will result in a fall and breakout of the area of 109.40, which will indicate that the pair…
Quotes of BRENT crude oil continue to move within the Triangle model. At the moment, we should expect a sweaty test of the upper limit of the model and the beginning of the fall in the area below the level of $ 50 per barrel. Technical analysis & forecast crude oil on August 8, 2017 In favor of falling quotations and oil prices will test the resistance line on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the region of 53.50, which will indicate the continued growth…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move near the area of 1.2650. At the moment, we should expect a test of the broken down boundary of the descending channel and the continuation of the pair’s growth above the level of 1.2930. USD/CAD forecast & technical analysis on August 8, 2017 In favor of the growth of USD/CAD quotes is the breakdown of the bearish trendline on the indicator of relative strength index (RSI). The cancellation of the growth option will be the fall and breakdown of the area of 1.2580, which will indicate the continuation…
Quotes Gold XAU/USD continue to move as part of the completion of growth. At the moment, we should expect an attempt to test the area 1265 and continue the decline in prices of gold in the region below the level of 1225. XAU/USD Forex Forecast Gold prices on August 8, 2017 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall option will result in a strong growth and a robbery of the area of 1275, which will indicate the continued growth of XAU/USD. XAU/USD Forex…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bullish channel. It is worth expecting a tight test of the support area at 0.7360 and the continuation of the pair’s growth above the level of 0.7550. NZD/USD forecast & technical analysis on August 8, 2017 In favor of the growth of quotations NZD/USD will test the trend line on the indicator of relative strength index (RSI). Cancellation of the growth option will be a fall and breakdown of the area of 0.7270, which will indicate the continuation of the fall of the…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade near the resistance area. At this point, we should expect the fall of the Dollar/Franc pair to fall below 0.9550 and further the pair’s growth. USD/CHF forecast & technical analysis on August 8, 2017 In favor of growth, a test of the support line on the indicator of relative strength index (RSI) will perform. Canceling the option of reducing the Dollar/Franc forex pair will be a strong growth and breakdown of the area of 0.9820, which will indicate continued growth. Important news from Switzerland, which may have an impact…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the Triangle model. At the moment, we should expect the fall of the Dollar/Ruble pair to fall to the lower boundary of the model and continue to grow above the level of 60.60 Rubles per US Dollar. USD/RUB forecast & technical analysis on August 8, 2017 In favor of the growth of the Dollar/Ruble pair will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the dew variant will be the fall and breakdown of the area of 58.20,…