Bitcoin BTC/USD is trading at 4218. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a trend reversal in favor of a bearish in Bitcoin. A test of the lower boundary of the Cloud of the indicator near the level of 4480 is expected, from which it is expected to attempt a rebound and continue falling with the target close to 4150. An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Bitcoin forecast & analysis BTC/USD on September 6, 2017 Earlier, a weak signal was…
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.
The currency pair Euro to US Dollar EUR/USD continues to trade near the area of 1.19. At the moment, the pair is testing the support area, we should expect a rebound attempt to the area above the level of 1.1960. Where again we should expect a rebound and a fall in the pair’s quotes for the target below the area of 1.1800. EUR/USD forecast & analysis Euro Dollar on September 5, 2017 In favor of reducing the pair will test the resistance line on the indicator of relative strength index (RSI). Cancellation of the variant of falling quotations of the…
The currency pair British Pound to US Dollar GBP/USD continues to move as part of the start-up of the bearish wave model of Wolfe. At this point, we should expect a rebound from the level of resistance and falling quotations of the Pound against the US Dollar in the area below the level of 1.2820. GBP/USD forecast & analysis Pound Dollar on September 5, 2017 In favor of reducing the Pound/Dollar pair on Forex will perform a bearish trend test on the indicator of relative strength index (RSI). The abolition of the pair’s decline will be a strong growth and…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the our forecast. At this point, we should expect a rebound attempt and growth in the area above 0.7960, where again we should expect a fall in quotations with a potential target below 0.78. In favor of the fall of the pair is the formation of a reversal model of the «Head and Shoulders» on the indicator of relative strength index (RSI). AUD/USD forecast & technical analysis on September 5, 2017 The cancellation of the variant of the Australian Dollar price reduction will be a breakdown at the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY are trading within the limits of the decline. At the moment, we should expect a test level of 108.70 and the beginning of the pair’s growth in the area above the level of 113.00. USD/JPY forecast & technical analysis on September 5, 2017 In favor of the pair’s growth, the Dollar/Yen will test the support line on the relative strength indicator (RSI), as well as the formation of the «Head and Shoulders» reversal pattern. Cancellation of the variant of growth will be a fall and breakdown of the region…
Quotes of BRENT crude oil continue to be traded within the lateral movement. At this point, we should expect an attempt to test the resistance level near the area of $ 53 per barrel. Where again we should expect a rebound and a fall in oil prices in the region below the level of $ 50.50 per barrel. Technical analysis & forecast crude oil on September 5, 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). The abolition of the fall in oil…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move near the area of 1.2420. It is worth waiting for the test of the support level 1.2400 and the growth of quotations in the area above the level of 1.2680. USD/CAD forecast & technical analysis on September 5, 2017 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD growth option on Forex will be the fall and breakdown of the area of 1.23, which will…
Quotes Gold XAU/USD continue to move within the framework of strong growth. At the moment, we should expect a test of the support area near the level of 1325, where again we should expect a rebound and growth of quotations and GOLD prices above the level of 1350. XAU/USD forecast & technical analysis GOLD on September 5, 2017 In favor of the growth of XAU/USD quotations, the trend line test will be performed on the relative strength indicator (RSI). Expect the acceleration of growth is with the breakdown of the level of 1315. The abolition of the variant of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bull model of the Wolfe wave. At the moment, there is potential for rebound and growth of the pair above the level of 0.7350. In favor of the growth of the pair will perform a test of the support line on the indicator of relative strength. NZD/USD forecast & technical analysis on September 5, 2017 Expect to accelerate the growth of quotations NZD/USD is worth a breakdown of 0.72. The cancellation of the growth of the New Zealand Dollar quotations will result in…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of a strong «Head and Shoulders» reversal pattern. At the moment, we should expect a test of the level of 0.9530 and the continuation of the growth of the pair’s quotations to the area above the level of 0.9770. USD/CHF forecast & technical analysis on September 5, 2017 In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the indicator of relative strength index (RSI). Canceling the growth of the pair USD/CHF on Forex will be a fall…