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…
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.
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…
Ripple XRP/USD is trading at the level of 0.2144. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test of the lower boundary of the Cloud of the indicator near the level of 0.22 is expected, from which it is expected to rebound and drop the cryptocurrency with the target near the level of 0.1650. Ripple prediction & analysis XRP/USD on August 31, 2017 Earlier, a weak signal was received for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2300. Cancellation of…
Monero XMR/USD is trading at level 130. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Monero. It is expected to test the area of the signal lines of the indicator near the level of 125, from which we expect a rebound and the continuation of the development of the bullish trend with a target near level 170. An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Monero prediction & analysis XMR/USD on August 31, 2017 Earlier, a strong signal was…
Litecoin LTC/USD is trading at 62. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. It is expected to test the area of the signal lines of the indicator near level 60, from which it is expected to rebound and continue the growth of LTC/USD for a target above level 75. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower border of the uplink. Litecoin prediction & analysis LTC/USD on August 31, 2017 Earlier, a strong signal was received for buying…
Ethereum ETH/USD is trading at 376. Cryptocurrency trading above the upper boundary of the clouds Ichimoku Kinko Hyo, indicating a bullish trend on the Ethereum. It is expected to test the area of the signal lines of the indicator near the level of 370, from which we should expect a rebound and a growth attempt with a target at level 425. Ethereum prediction & analysis ETH/USD on August 31, 2017 An additional signal in favor of the growth of the cryptocurrency will be a test of the broken channel’s uplink. Previously received a strong signal for buying cryptocurrency Ethereum, due…
Ethereum Classic ETC/USD is trading at the level of 15.76. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo indicator area signal lines are expected to be near the level of 15.45, from which one should expect a rebound attempt and further growth with the target near the 17.00 level. Ethereum Classic prediction & analysis on August 31, 2017 Earlier, a strong signal was received for purchases of the Ethereum Classic cryptocurrency, by crossing the signal lines at the level of 15.45. The cancellation…