The currency pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2660. At the moment, we should expect the pair to continue growing above the level of 1.29 as part of the completion of the formation of the «bearish model 5-0». USD/CAD weekly forecast on August 7 — 11, 2017 In favor of the growth of USD/CAD quotes is the breakdown of the Wedge model on the indicator of relative strength index (RSI). The cancellation of the growth option may come in the form of a fall and breakdown of the area of 1.2450,…
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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 completes trading week near the area of 0.7899. At the moment, it is necessary to expect the formation of the «Head and Shoulders» reversal pattern and continue the decline to the area below the level of 0.77. AUD/USD weekly forecast on August 7 — 11, 2017 In favor of the fall of the pair is the test of the upper border of the channel, as well as the breakdown of the rising trend line on the indicator of relative strength index (RSI). The cancellation of the fall of the AUD/USD pair will…
Currency pair USD/RUB closes the trading week near the level of 60 rubles per US dollar. At the moment, the pair continues to trade within the framework of the «Triangle» model formation. It is worth expecting the test of the lower boundary of the model at level 59 and the continuation of growth above the level of 63 rubles per US dollar. USD/RUB weekly forecast on August 7 — 11, 2017 In favor of growth, a test of the support line on the indicator of relative strength index (RSI) will perform. The cancellation of the variant of the Dollar/Ruble pair…
Currency pair Pound/Dollar GBP/USD completes the trading week near the area of 1.13040. The pair continues to push off from the upper border of the channel. It is expected to continue falling to the area below the level of 1.24. GBP/USD weekly forecast on August 7 — 11, 2017 In favor of falling quotes of the pound-dollar pair is the formation of the «Wedge» model at small time intervals. The cancellation of the fall of the GBP/USD pair is the breach of the 1.3350 area, which will indicate the continued growth of the pair. Among the important news from England…
Quotes of BRENT oil close the trading week near the region of $ 52 per barrel. It is worth waiting for an attempt to rebound and fall in quotations and oil prices in the region below the level of $ 45 per barrel. In favor of the fall, a resistance level test comes in, as well as a bearish trendline test on the relative strength indicator index (RSI). BRENT crude oil weekly forecast on August 7 — 11, 2017 The cancellation of the variant of falling quotations and oil prices will be followed by breakdown of the area 55, which…
Currency pair Euro to US Dollar EUR/USD closes the trading week near the area of 1.1760. The pair continues to trade within the bullish channel. At the moment, the potential for continuing the decline of the pair in the area below the level of 1.1550 remains. EUR/USD weekly forecast on August 7 — 11, 2017 Where again we should expect a rebound and a position of growth. In favor of the growth of the euro, the test of the support line on the indicator of relative strength index (RSI) will perform. Cancellation of the growth option will be a drop…
Zcash ZEC/USD is trading at the level of 188.49. Cryptocurrency continues to be traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Zcash. Ichimoku Kinko Hyo Cloud Upper Test is expected near the level of 193.00, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 177.00. Zcash ZEC/USD prediction & analysis on August 5, 2017 Earlier, we received a weak signal for buying of Zcash cryptocurrency, due to the crossing of signal lines at the level of 176.94. Consider buying Zcash is…
Ripple XRP/USD is trading at the level of 0.1673. Cryptocurrency continues to be traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Ripple. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.1740 level, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 0.1600. Ripple XRP/USD prediction & analysis on August 5, 2017 Earlier, a weak signal was received for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1575. Consider buying Ripple…
Monero XMR/USD is trading at 43.33. Cryptocurrency continues to trade above the upper boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of an bullish trend for Monero. Ichimoku Kinko Hyo Cloud is expected to test near the level of 42.30, from which it is expected to try to grow and further develop the bullish trend with the target of rising near the level of 48.30. Monero XMR/USD prediction & analysis on August 5, 2017 Earlier, a medium strength signal was obtained for buying of the Monero cryptocurrency, by crossing the signal lines at level 42.43. Cancellation of…
Litecoin LTC/USD is trading at 41.91. Cryptocurrency continues to be traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near level 39.90 is expected. Litecoin LTC/USD prediction & analysis on August 5, 2017 Earlier, a weak signal was received for buying of Litecoin cryptocurrency, due to the crossing of signal lines at 40.00. Consider buying Litecoin stands with the breaking of the upper boundary of the Cloud Ichimoku Kinko Hyo and the closing of quotes above the level of 43.30, in…