Quotes of BRENT crude oil continue to grow. At this point, we should expect an attempt to test the level of 52.50, where again we should expect the continued decline in oil prices in the area below the level of 47 dollars. In favor of the drop, a resistance line test will be performed on the relative strength indicator (RSI). Technical analysis & forecast crude oil on August 22, 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 the level of 54.…
Author: forex24pro
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the limits of the decline. At the moment, we should expect an attempt to test the area of 1.2540, where we should expect a rebound and the growth of quotations above the level of 1.27. USD/CAD forecast & technical analysis on August 22, 2017 In favor of the rebound and growth of the pair’s quotes is the formation of a bullish wave model of Wolfe, as well as a test of the support line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD…
Quotes Gold XAU/USD continue to move within the growth framework. 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 22, 2017 In favor of falling quotations XAU/USD will breakdown the lower limit of the Wedge model. The cancellation of the variant of the fall in the price of Gold will be the breakdown of the area of 1310, which will indicate the continuation of the growth of quotations. Expect to accelerate the fall of quotations…
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 expected to continue the growth of the pair on Forex in the area above the level of 0.7400 and then start falling to the area below 0.6950. NZD/USD forecast & technical analysis on August 22, 2017 Canceling the variant of working out the «Head and Shoulders» reversal model will be the breakdown of the local maximum area, which will indicate the continued growth of the pair. Expect to accelerate the fall…
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 22, 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). The cancellation of the growth of the USD/CHF pair on Forex will be…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the Triangle model. At the moment, we should expect an attempt to test the lower boundary of the model near the area of 59 Rubles per US Dollar. USD/RUB forecast & technical analysis on August 22, 2017 Where can we expect a rebound and the growth of quotations in the area above the level of 60.70. In favor of the growth of the Dollar/Ruble pair is the test of the support line on the indicator of relative strength index (RSI). Expect to accelerate the growth of the pair…
Zcash ZEC/USD is trading at 233. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend for Zcash. The Ichimoku Kinko Hyo indicator cloud is expected to be near the 227 level, from which it is expected to try to grow and further develop the bullish trend with a target to rising near level 270. Zcash prediction & analysis ZEC/USD on August 22, 2017 Earlier, a signal of medium strength was obtained for purchases of Zcash cryptocurrency, by crossing the signal lines at level 218. Cancellation of the variant of growth…
Ripple XRP/USD is trading at the level of 0.1495. 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 Ichimoku Kinko Hyo indicator cloud is expected near the level of 0.1525, from which one should expect an attempt to fall and further develop the bearish trend with the target near the level of 0.1285. Ripple prediction & analysis XRP/USD on August 22, 2017 An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel.…
Monero XMR/USD is trading at the level of 52.60. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Monero. Ichimoku Kinko Hyo indicator area signal lines are expected near the area 51 and the development of the bullish trend continues near the level of 60. Monero prediction & analysis XMR/USD on August 22, 2017 Earlier, a weak signal was received for buying of the Monero cryptocurrency, due to crossing of the signal lines at level 47. Cancellation of the variant of Monero quotes growth will be a…
Litecoin LTC/USD is trading at 44.97. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. The breakdown of the upper limit of the Triangle model is expected with the closing of quotes above level 47 and the continuation of growth with a target above level 50. Litecoin prediction & analysis LTC/USD on August 22, 2017 Earlier, a medium strength signal was obtained for buying of Litecoin cryptocurrency, by crossing the signal lines at 43.50. The cancellation of the growth scenario for Litecoin quotations will be the breakdown of the lower…