Quotes of BRENT crude oil continue to trade near the resistance area. At this point, we should expect an attempt to continue the decline in oil prices in the support area near 50. Where again we should expect a rebound and an increase in oil prices. Technical analysis & forecast crude oil on August 25, 2017 In favor of falling quotations, a resistance line test will be performed on the indicator of relative strength. The abolition of the fall in oil prices will be a strong growth and breakdown of the region of $ 54 per barrel, which will indicate…
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.
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of the formation of the bullish model of the Wolfe wave. It is expected to continue the decline in quotations in the area of 1.25, where again we should expect a rebound and growth of quotations of the pair with a potential target near the area of 1.2760. USD/CAD forecast & technical analysis on August 25, 2017 In favor of the growth of quotations will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth…
Quotes Gold XAU/USD continue to move within the framework of the Wedge model. At this point, we should expect an attempt to continue the growth of quotations above the level of 1295. In favor of the growth of quotations XAU/USD is the test of the support line on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis GOLD on August 25, 2017 Near the level of 1295 again expect a fall in quotations and prices for GOLD. To wait for the start of the Wedge model’s development is the closing of quotations below the area of 1280.…
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 rebound quotes from the support level and rise to the area above the level of 0.7330, where again we should expect the beginning of the fall in the area below 0.6990. NZD/USD forecast & technical analysis on August 25, 2017 In favor of the growth of the pair is the test of the support line on the indicator of relative strength index (RSI). Expect to accelerate the fall in…
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, the bottom of the model is near the area of 0.9590. Where again we should expect a rebound and the growth of quotations above the level of 0.9760. USD/CHF forecast & technical analysis on August 25, 2017 In favor of growth, a test of the support line on the indicator of relative strength index (RSI) will perform. Canceling the growth of the pair USD/CHF will be the fall and breakdown of the area of 0.9540, which…
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. It is expected to rebound quotes and growth in the area above the level of 59.80, where again we should expect a fall in the quotations of the Dollar/Ruble pair. USD/RUB forecast & technical analysis on August 25, 2017 In favor of the drop, a resistance line test will be performed on the relative strength indicator (RSI). Cancellation of the pair’s growth option will be a fall and breakdown of the area at…
Zcash ZEC/USD is trading at 227. Cryptocurrency is trading above the upper Ichimoku Kinko Hyo Cloud, which indicates a bullish trend for Zcash. The Ichimoku Kinko Hyo indicator cloud is expected near the level of 220, from which one should expect an attempt at growth and further development of the bullish trend with a target to growth near level 270. Zcash forecast & analysis ZEC/USD on August 25, 2017 Earlier, a strong signal was obtained for buying of Zcash cryptocurrency, by crossing signal lines at level 228. Canceling the variant of growth of quotations Zcash will become a breakdown of…
Ripple XRP/USD is trading at the level of 0.2542. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ripple. The test is expected to test the level of the indicator signal lines near the level of 0.22, from which it is expected to rebound and the growth of the cryptocurrency with the target near the level of 0.3250. Ripple forecast & analysis XRP/USD on August 25, 2017 Earlier, a medium strength signal was obtained for buying of the Ripple cryptocurrency, due to the crossing of the signal lines at the level…
Monero XMR/USD is trading at the level of 84. 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 of 77, from which one should expect a rebound and the continuation of the bullish trend development with the target near level 115. Monero forecast & analysis XMR/USD on August 25, 2017 Earlier, a strong signal was received for buying of Monero cryptocurrency, by crossing the signal lines at level 62. Canceling the growth variant quotes…
Litecoin LTC/USD is trading at the level of 50. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend in Litecoin. It is expected to test the area of the signal lines of the indicator near level 48, from which we should expect a rebound and continued growth of LTC/USD with a target above the level of 57. An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Litecoin forecast & analysis LTC/USD on August 25, 2017 Earlier, a strong signal…