Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish channel, we should expect a rebound and growth in the area of the upper boundary and the continuation of the decline. In favor of falling quotations of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI). AUD/USD forecast & technical analysis on August 16, 2017 The cancellation of the variant of the Australian Dollar price reduction will be the breakdown of the upper border of the channel and the closing above the level of 0.7950, which will indicate the…
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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 within the framework of the Forex Triangle model. At this point, there is potential for forming an inverted «Head and Shoulders» model with a test of the area of 109.70, from which we should expect a rebound and an increase in the pair’s quotations to an area above the level of 112.50. USD/JPY forecast & technical analysis on August 16, 2017 The cancellation of the variant of growth will be the fall and breakdown of the area 108.30, which will indicate the acceleration of the pair…
Quotes of BRENT crude oil continue to move within the ascending channel. It is worth waiting for an attempt to break the lower border and continue the decline in the area below the level of $ 46 per barrel. In favor of the fall is the breakdown of the support line on the indicator of relative strength. Analysis & forecast crude oil on August 16, 2017 The abolition of the decline in oil prices will be a strong growth and breakdown of the region 53, which will indicate the continued growth of oil in the local maximum area. Expect the…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of an bullish correction. At this point, we should expect an attempt to drop the pair in the lower boundary area near the level of 1.2680. USD/CAD forecast & technical analysis on August 16, 2017 Whence again it is necessary to expect the continuation of the growth of the pair USD/CAD above the level of 1.2850. In favor of growth, a test of the support line on the indicator of relative strength index (RSI) will perform. The cancellation of the variant of growth will be…
Quotes Gold XAU/USD continue to move within the framework of a bearish correction. At the moment, we should expect an attempt to test the level of 1280 and the beginning of the fall in the area below the level of 1250 as part of the development of the bearish wave model of Wolfe. XAU/USD forecast & technical analysis GOLD on August 16, 2017 In favor of the growth of quotations XAU/USD is the test of the support line on the indicator of relative strength index (RSI). The cancellation of the variant of the drop in the price of GOLD will…
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 the pair in the area above the level of 0.7410 and then continue the decline in the area below the level of 0.7050. NZD/USD forecast & technical analysis on August 16, 2017 In favor of the growth of quotations from current levels is the test of the support line on the indicator of relative strength index (RSI). Cancellation of the growth option will be a fall and breakdown…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of the formation of the bearish wave model of Wolfe. At this point, we should expect the growth of the Dollar/Franc pair to continue above the level of 0.9790, from which we should expect the pair to rebound and fall below 0.9540, within the framework of the bearish model. USD/CHF forecast & technical analysis on August 16, 2017 In favor of the fall of the Dollar/Franc pair is the resistance area test on the relative strength indicator. Canceling the option of reducing the pair USD/CHF on…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the Triangle model. At the moment, we should expect a test of the support area near the area of 59.50 rubles per dollar and then continue to grow above the level of 63 rubles. USD/RUB forecast & technical analysis on August 16, 2017 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 the acceleration of the pair USD/RUB pair growth with the breakdown of the upper bound of the Triangle model and…
Bitcoin BTC/USD is traded at 4118. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. The Ichimoku Kinko Hyo indicator signal line test is near the 3900 level, from which it is expected to try to grow and further develop the bullish trend for BTC/USD with a target near the 4500 level. An additional signal in favor of growth will be a test of the support area. Bitcoin prediction & analysis BTC/USD on August 16, 2017 Earlier, a strong signal was received for the buying of Bitcoin cryptocurrency due…
Dashcoin DSH/USD is traded at 197 level. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Dashcoin. It is expected to rebound quotes from the upper boundary of the Ichimoku Kinko Hyo Cloud and the continuation of the development of the bullish trend with a target near the level of 215. Dashcoin prediction & analysis DSH/USD on August 16, 2017 Earlier, a weak signal was received for sales of Dashcoin cryptocurrency, by crossing the signal lines at level 200. The abolition of the growth of Dashcoin quotations…