Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the downward channel. At the moment, we should expect the pair to continue growing above the level of 0.7995, where again we should expect an attempt to fall into the area below the level of 0.7780. AUD/USD forecast & technical analysis on August 23, 2017 The cancellation of the variant of the Australian Dollar price reduction will be a breakdown at the level of 0.8020, which will indicate the continued growth of the pair on Forex. Important news from Australia is not expected, so the pair will continue…
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continues to move in the fall. At the moment, we should expect a test of the support area near the area of 108.50. Where can we expect the rebound and the pair’s growth in the area above the level of 110.80. USD/JPY forecast & technical analysis on August 23, 2017 In favor of the growth of the pair is the formation of the reversal model «Double Bottom». The cancellation of the variant of growth will be the fall and breakdown of the area 108.00, which will indicate that the…
Quotes of BRENT crude oil continue to trade near the area of $ 51 per barrel. At the moment, we should expect an attempt to continue the decline in oil prices in the region below the level of 47 dollars. In favor of the drop, there is a rebound from the resistance line on the indicator of relative strength index (RSI). Technical analysis & forecast crude oil on August 23, 2017 The abolition of the decline in oil prices will be a strong growth and breakdown of the local maximum area with the closing of quotes above level 54, which…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the limits of the decline. At this point, we should expect an attempt to test the area of 1.2520, where we should expect a rebound and the growth of quotations above the level of 1.2750. USD/CAD forecast & technical analysis on August 23, 2017 In favor of the rebound and growth of the pair’s quotes is the formation of a bullish Wolfe wave, as well as a test of the support line on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth option on…
Quotes Gold XAU/USD continue to move within the framework of the «Wedge» model. At the moment, we should expect an attempt to fall within the framework of the beginning of the development of the «Head and Shoulders» reversal model. XAU/USD forecast & technical analysis GOLD on August 23, 2017 Expect to accelerate the fall in quotations and the price of GOLD is worth a breakdown in the area of 1280. In favor of falling quotations XAU/USD will breakdown the lower boundary of the «Wedge» model. The cancellation of the variant of the fall in the price of GOLD will be…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the formation of the «Head and Shoulders» reversal pattern. It is necessary to expect continued growth of the pair on Forex in the area above the level of 0.7400, where again we should expect the beginning of the fall in the area below 0.6950. NZD/USD forecast & technical analysis on August 23, 2017 Canceling the variant of working out the «Head and Shoulders» reversal pattern will be the breakdown of the local maximum area and the closing of quotes above the level…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of the formation of the «Triangle» model. At the moment, we should expect a test of the lower boundary of the model near the level of 0.9605 and further the continuation of the growth above the level of 0.9750. USD/CHF forecast & technical analysis on August 23, 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). Cancellation of the growth option for the pair USD/CHF will be the…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the «Triangle» model. At the moment, quotes are testing the lower limit of the model, we should expect a rebound and a pair growth in the area above the level of 60.50. USD/RUB forecast & technical analysis on August 23, 2017 In favor of the growth of the Dollar/Ruble pair is the test of the support area on the indicator of relative strength index (RSI). Expect to accelerate the growth of the pair USD/RUB on Forex costs with the breakdown of the upper limit of the «Triangle» model…
Zcash ZEC/USD is trading at 221. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend for Zcash. Ichimoku Kinko Hyo indicator cloud is expected near the level of 217, from which one should expect an attempt of growth and further development of the bullish trend for the target of growth near the level of 260. Zcash forecast & analysis ZEC/USD on August 23, 2017 Earlier, a signal of medium strength was obtained for buying of the Zcash cryptocurrency, by crossing the signal lines at level 218. Cancellation of the variant…
Ripple XRP/USD is trading at the level of 0.1795. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ripple. Ichimoku Kinko Hyo indicator area signal line test near the level 0.1710 is expected, from which one should expect an attempt of growth and further development of the bullish trend with the target near the level of 0.2150. Ripple forecast & analysis XRP/USD on August 23, 2017 An additional signal in favor of the growth of XRP/USD will be a test of the support area. Earlier, a medium strength signal was obtained…