The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the limits of the decline. At the moment, the values of the relative strength indicator are testing the support area, we should expect a rebound and growth of the pair’s quotes above the level of 1.26. USD/CAD forecast Canadian Dollar on July 28, 2017 Cancellation of the variant of development of the bullish correction will be a fall and breakdown at the level of 1.24, which will indicate the acceleration of the fall of the pair. Among the important news from Canada, which can have a strong…
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 BRENT crude oil continue to move within the framework of the bearish wave model of Wolfe. It is worth waiting for an attempt to fall into the area below the level of $ 48 per barrel. Technical analysis & forecast crude oil on July 28, 2017 In favor of falling quotations and oil prices is the resistance line test on the indicator of relative strength index (RSI). The cancellation of the variant of quotations decrease will be a strong growth and a breakdown of level 52, which will indicate the continued growth of oil. Expect to accelerate the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continues to move within the bull model 5-0. It is worth expecting a rebound and continued growth of the pair above the level of 113.20. In favor of the growth of quotations of the pair Dollar/Yen is the test of the support line on the indicator of relative strength index (RSI). USD/JPY forecast & technical analysis on July 28, 2017 An additional signal will be the breakdown of the upper limit of the «Triangle» model. Cancellation of the variant growth of the pair will fall and breakdown at the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in anticipation. At the moment, there is a potential for the pair to fall into the support area at 0.7970, then continue to rise above 0.8080. In favor of the growth of the AUD/USD pair is the formation of an bullish 5-0 model. AUD/USD forecast & technical analysis on July 28, 2017 The cancellation of the pair’s growth option will result in a drop and breakdown at the level of 0.7950, indicating that the pair will continue to decline. Important news from Australia is not expected, so the pair…
The currency pair British Pound to US Dollar GBP/USD continues to move within the framework of the bearish wave model of Wolfe. It is worth waiting for an attempt to test the area of 1.3170 and the fall of quotations below the level of 1.30. GBP/USD forecast & analysis Pound Dollar on July 28, 2017 In favor of falling quotes of the pound/dollar pair, a trend line test will appear on the indicator of relative strength index (RSI). The abolition of the fall option will be a breakdown at 1.3250 level. Expect to accelerate the fall of the pair is…
The currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of expectations and our EUR USD forecast. At the moment, there is a potential for lowering the quotes of the euro/dollar in the area below the level of 1.16. EUR/USD forecast & analysis Euro Dollar on July 28, 2017 In favor of the fall of the pair is the resistance line test on the relative strength indicator (RSI). The abolition of the reduction option will be a strong growth and breakdown at the level of 1.18, which will indicate continued growth. Expect to accelerate the…
Zcash ZEC/USD is trading at the level of 183.85. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. The price of Zcash is expected to drop to 177.00, then the lower limit of Ichimoku Kinko Hyo Cloud will be near the level of 184.00, from which one should expect an attempt to fall and further develop the bearish trend with a view to lower near 132.00. Zcash forecast & analysis ZEC/USD on July 28, 2017 Earlier, we received a weak signal for sales of Zcash cryptocurrency, due to the…
Ripple XRP/USD is trading at the level of 0.1650. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. Ichimoku Kinko Hyo Cloud is expected to test near the 0.1640 level, from which it is expected to test the upper boundary of the Ichimoku Kinko Hyo Cloud near the level of 0.1880. Ripple forecast & analysis XRP/USD on July 28, 2017 Earlier, a weak signal was received for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1920. To consider selling Ripple stands with the…
Monero XMR/USD is trading at the level of 43.88. The Crypto currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Monero. The price of XMR/USD is expected to drop to the level of 41.30, 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 51.40. Monero forecast & analysis XMR/USD on July 28, 2017 Earlier, a weak signal was received for sales of Monero cryptocurrency, due to the crossing of signal lines…
Litecoin LTC/USD is trading at 40.71. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the level of 41.40, from which one should expect an attempt to drop and develop a bearish trend over LTC/USD with the target of lowering near the level of 35.00. Litecoin forecast & analysis LTC/USD on July 28, 2017 Earlier, we received a weak signal for sales of Litecoin cryptocurrency, due to the crossing of signal lines at the level of 44.10. Canceling the variant of…