Bitcoin BTC/USD is trading at cryptocurrency 3839. Cryptocurrency trading below the cloud base Ichimoku Kinko Hyo, indicating that the bearish trend of Bitcoin. A lower boundary test near the 3900 area is expected, from which it is expected to attempt a fall with a target near the level of 3350. An additional signal in favor of a drop may come from the resistance area test. Bitcoin forecast & analysis BTC/USD on August 23, 2017 Previously received a weak signal for Bitcoin cryptocurrency sales, due to the crossing of the signal lines at the level of 4050. Cancellation option Bitcoin fall…
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 Euro to US Dollar EUR/USD continues to be traded within the descending channel. At this point, we should expect a rebound from the upper border of the channel near the level of 1.1780, and continue the decline in the area below 1.1620. EUR/USD forecast & analysis Euro Dollar on August 22, 2017 In favor of continuing the decline in the euro, the dollar will test the downward resistance line on the indicator of relative strength index (RSI). Cancellation of the variant of falling of quotations of euro the dollar will breakdown at the level of 1.1830 and…
The currency pair British Pound to US Dollar GBP/USD continues to move within the descending channel. At the moment, we should expect a test of the upper border of the channel and the continuation of the decline to the area below the level of 1.2750. GBP/USD forecast & analysis Pound Dollar on August 22, 2017 In favor of the fall of the Pound/Dollar pair on Forex is the formation of the reversal model of the «Head and Shoulders» on the indicator of relative strength index (RSI). The abolition of the pair’s decline will be strong growth and breakdown at the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of growth. At the moment, we should expect the pair to continue growing above the level of 0.7995, where again we should expect the pair to fall. In favor of falling quotations of the pair AUD/USD is the formation of the bearish wave model Wolfe with the potential target of working at a level below the area of 0.7840. AUD/USD forecast & technical analysis on August 22, 2017 The cancellation of the variant of the Australian Dollar price reduction will be a breakdown at the level…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continues to move in the fall. At the moment, quotes are testing the support area. We should expect a test of the level of 10850, from which we should expect a rebound and growth of quotations of the pair of Dollar/Yen in the area above the level of 11.30. USD/JPY forecast & technical analysis on August 22, 2017 An additional signal in favor of the growth of the pair on Forex will be a test of the support line on the indicator of relative strength index (RSI). The cancellation…
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.…
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…