Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of the formation of the «Triangle» model. It is worth waiting for an attempt to continue falling into the area below the level of 109. USD/JPY forecast & technical analysis on August 4, 2017 In favor of falling quotations of the pair of Dollar/Yen is the formation of the model of the «Head and Shoulders» on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the area of 111.00, which indicates…
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.
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of growth. At the moment, the potential for rebound and growth of the pair’s quotations to the area above the 0.8040 level remains. AUD/USD forecast & technical analysis on August 4, 2017 In favor of the growth of the Australian Dollar pair comes the support line test on the indicator of relative strength index (RSI). The cancellation of the variant of growth will be the breakdown of the area of 0.7875, which will indicate the continuation of the pair’s decline. Among the important news from Australia,…
The currency pair British Pound to US Dollar GBP/USD continues to move in line with expectations and our GBP/USD forecast. At the moment, quotes of the pair test the lower limit of the Wedge model, we should expect a rebound and a rise in quotations of the pound/dollar to the area above the level of 1.32, where again we should expect the pair to fall. GBP/USD forecast & analysis Pound Dollar on August 4, 2017 In favor of the growth of the pair is the test of the support line on the indicator of relative strength index (RSI). The abolition…
The currency pair Euro to US Dollar EUR/USD continues to trade near the local maximum area. At the moment, there is a potential for falling quotations of the euro/dollar in the lower channel boundary, where again we should expect a rebound and continued growth of the pair. EUR/USD forecast & analysis Euro Dollar on August 4, 2017 In favor of the fall, a trendline test will be performed on the relative strength index indicator. The abolition of the reduction option will be a strong growth and breakdown of the area of 1.1940, which will indicate the acceleration of the pair…
Zcash ZEC/USD is trading at the level of 187.70. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Zcash. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 195.00 level, from which the Ichimoku Kinko Hyo Cloud bottom test is expected near the 177.00 level. Zcash forecast & analysis ZEC/USD on August 4, 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 with the breaking of the upper boundary…
Ripple XRP/USD is trading at the level of 0.1647. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.1590 level, from which it is expected to test the upper boundary of the Ichimoku Kinko Hyo Cloud near the 0.1750 level. Ripple forecast & analysis XRP/USD on August 4, 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 is with the…
Monero XMR/USD is trading at 43.14. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Monero. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the level of 42.40, from which one should expect an attempt of growth and further development of the bullish trend with the target of growth near the level of 48.70. Monero forecast & analysis XMR/USD on August 4, 2017 Earlier, a medium strength signal was obtained for buying of the Monero cryptocurrency, by crossing the signal lines at level 42.43.…
Litecoin LTC/USD is trading at the level of 42.14. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 42.30 level, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near level 39.90. Litecoin forecast & analysis LTC/USD on August 4, 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 costs with the breaking of the upper…
Ethereum ETH/USD is trading at 226.10. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ethereum. The drop of quotations of ETH/USD to the level of 216.00 is expected, from which one should expect an attempt of growth and further development of the bull tendency on Ethereum with the target of growth near the level of 266.00. Ethereum forecast & analysis ETH/USD on August 4, 2017 Earlier, a weak signal was received for buying of the Ethereum cryptocurrency, due to the crossing of signal lines at the level of 191.61. The…
Ethereum Classic ETC/USD is trading at the level of 14.78. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 14.80, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 13.60. Ethereum Classic forecast & analysis on August 4, 2017 Earlier, a weak signal was received for buying of the Ethereum Classic cryptocurrency, due to crossing of the signal lines at the level of…