Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the formation of an inverted «Head and Shoulders» model. At the moment, we should expect a test of the level of 109.60, from which we should expect a rebound and an increase in the pair’s quotes to the area above the level of 112.50, as part of the development of the «Head and Shoulders» reversal model. USD/JPY forecast & technical analysis on August 18, 2017 An additional signal in favor of the growth of the Yen Dollar pair on Forex will be a…
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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 BRENT crude oil continue to test the support area. At this point, we should expect an attempt to correct the quotations in the area above the level of 52, where again we should expect the continuation of the decline in oil prices in the region below the level of $ 47 per barrel. Technical analysis & forecast crude oil on August 18, 2017 In favor of the drop, a resistance line test will be performed on the relative strength indicator (RSI). Abolishing the variant of oil price reduction will be a strong growth and breakdown of the region…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the limits of the decline. At this point, we should expect an attempt to rebound the pair’s quotes from the support level with a potential growth target above the level of 1.2850. USD/CAD forecast & technical analysis on August 18, 2017 In favor of the rebound and the growth of quotations of the pair is the test of the support line on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth option on Forex will be the breakdown of the area of 1.2600, which…
Quotes Gold XAU/USD continue to move within the bullish momentum. At this point, we should expect a test level of 1295. In favor of falling quotations XAU/USD is the formation of the reversal model of the «Head and Shoulders» on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis GOLD on August 18, 2017 The cancellation of the variant of the fall in the price of Gold will be the breakdown of the area 1305, which will indicate the continuation of the growth of quotations. Expect to accelerate the fall of quotations is with the breakdown of…
Quotations of the currency pair New Zealand Dollar against the 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 in the area above the level of 0.7400 and then start falling to the area below the level of 0.7000. Forex forecast & analysis NZD/USD on August 18, 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. Important news from…
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 the test of the lower boundary of the model near the level of 0.9635 and further the continuation of the growth above the level of 0.9740. USD/CHF forecast & technical analysis on August 18, 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…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the Triangle model. At this point, we should expect an attempt to test the bottom of the model near the area of 58.80. Where can we expect a rebound and the growth of quotations in the area above the level of 60.70. USD/RUB forecast & technical analysis on August 18, 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 to accelerate the growth of the pair USD/RUB on Forex costs with…
Zcash ZEC/USD is trading at the level of 216.93. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. The Ichimoku Kinko Hyo indicator cloud is expected near the level 217, from which it is expected to try to fall and further develop the bearish trend with a view to falling near the level of 180. Zcash prediction & analysis ZEC/USD on August 18, 2017 Earlier, a weak signal was obtained for purchases of Zcash cryptocurrency due to the crossing of signal lines at level 205. Canceling the variant of…
Ripple XRP/USD is trading at the level of 0.1538. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The lower limit of the Ichimoku Kinko Hyo indicator cloud is expected near the level of 0.1595, from which one should expect an attempt to fall and further develop the bearish trend with the target near the level of 0.1360. Ripple prediction & analysis XRP/USD on August 18, 2017 An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Earlier, a strong…
Monero XMR/USD is trading at 48.34. It is expected to break the upper boundary of the Ichimoku Kinko Hyo Cloud and continue the development of the bullish trend with a target near level 53. Earlier, a weak signal was received for buying of the Monero cryptocurrency, by crossing the signal lines at 47.30. Monero prediction & analysis XMR/USD on August 18, 2017 Cancellation of the variant of the growth of quotations Monero will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 46.50, which indicates a change…