The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of the formation of the bull model of the Wolfe wave. The target of working out this model is the area at the level of 1.2770. In favor of the growth of quotations will perform a test of the support line on the indicator of relative strength index (RSI). USD/CAD forecast & technical analysis on August 24, 2017 At the moment, we should expect an attempt to test the area of 1.2540, from which we should expect a rebound and the growth of quotations. Cancellation…
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 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 1305. 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 24, 2017 To expect the beginning of the fall in the price of Gold is with the breakdown of the lower boundary of the Wedge model and the closing of quotations below the area of 1280. The…
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 the pair’s growth in the area above the level of 0.7360, where again we should expect the beginning of the fall in the area below 0.6950. NZD/USD forecast & technical analysis on August 24, 2017 In favor of the growth of the pair is the test of the support line on the indicator of relative strength index (RSI). Canceling the variant of…
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 level of 0.9715 and the beginning of the fall in the area of the lower boundary of the model. USD/CHF forecast & technical analysis on August 24, 2017 In favor of the fall of the pair, the Dollar/Franc will test the resistance line on the indicator of relative strength. Cancellation of the fall of the pair USD/CHF will be a strong growth and breakdown of the area of 0.9770,…
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 upper boundary at the level of 60.50 Rubles per US Dollar. USD/RUB forecast & technical analysis on August 24, 2017 In favor of growth 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 and…
Zcash ZEC/USD is trading at the level of 230. Cryptocurrency 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 with the target of growth near the level of 280. Zcash prediction & analysis ZEC/USD on August 24, 2017 Earlier, a signal of average strength was obtained for buying of the Zcash cryptocurrency, by crossing the signal lines at level 218. Cancellation of…
Ripple XRP/USD is trading at the level of 0.2830. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ripple. A test of the level of 0.2510 is expected, from which one should expect an attempt of growth and further development of the bullish trend with the target close to the level of 0.3405. Ripple prediction & analysis XRP/USD on August 24, 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 of 0.1575. Cancellation of the…
Monero XMR/USD is trading at the level of 94. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in Monero. Ichimoku Kinko Hyo indicator area signal lines are expected near the area of 88 and the development of the bullish trend continues near the level of 115. Monero prediction & analysis XMR/USD on August 24, 2017 Earlier, a strong signal was received for buying of the Monero cryptocurrency, by crossing the signal lines at level 62. Cancellation of the variant of Monero quotes growth will be a…
Litecoin LTC/USD is trading at 46.46. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend for Litecoin. It is expected to test the upper border of the indicator near area 44 and continue the growth of LTC/USD with a target above level 50. Litecoin prediction & analysis LTC/USD on August 24, 2017 Earlier, a medium strength signal was obtained for buying of Litecoin cryptocurrency, by crossing signal lines at 43.50. Cancellation of the Litecoin growth option will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with…
Ethereum ETH/USD is traded at the level of 319. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud near the level 300 is expected to be tested near the level of 300, from which we should expect a rebound and a growth attempt with a target at level 370. Ethereum prediction & analysis ETH/USD on August 24, 2017 Earlier we received a weak signal for sales of the Ethereum cryptocurrency, by crossing the signal lines at level 311. Cancellation of the…