Ethereum ETH/USD is traded at the level of 274. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in Ethereum. ETH/USD is expected to drop to the level of 257, from which it is expected to attempt an increase and further development of the bull tendency on Ethereum for the target of growth near the level of 305. Ethereum ETH/USD prediction & analysis on August 9, 2017 Earlier, a weak signal for buying of the Ethereum cryptocurrency was obtained, by crossing the signal lines at level 191. Canceling the option…
Author: forex24pro
Ethereum Classic ETC/USD is trading at the level of 14.94. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 14.50, 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 16.50. Ethereum Classic prediction & analysis on August 9, 2017 Earlier, a weak signal was received for sales of the Ethereum Classic cryptocurrency, due to the crossing of the…
Dashcoin DSH/USD is trading at the level of 195. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Dashcoin. Ichimoku Kinko Hyo Cloud near the level 185 is expected to be tested near the level of 185, from which it is expected to attempt a growth and further development of the bullish trend for the target of growth near the level of 220. Dashcoin DSH/USD prediction & analysis on August 9, 2017 Earlier, a weak signal was obtained for buying of Dashcoin cryptocurrency due to crossing of…
Bitcoin BTC/USD is trading at the level of 3238. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. BTC/USD is expected to drop to the level of 3275, from which it is expected to try to grow and further develop the bullish trend for BTC/USD for the target of growth near the level of 3700. Bitcoin BTC/USD prediction & analysis on August 9, 2017 Earlier, a strong signal was received for buying of Bitcoin cryptocurrency due to the crossing of signal lines at 2767 level. The cancellation of the variant…
The currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of the bullish channel. At the moment, there is a potential for falling quotations of the euro dollar in the region of the lower border of the channel at the level of 1.1715. EUR/USD forecast & analysis Euro Dollar on August 8, 2017 In favor of the decline is the breakdown of the support line on the indicator of relative strength index (RSI). In the event of a breakdown of the lower border of the channel and the consolidation of quotations below the level of…
The currency pair British Pound to US Dollar GBP/USD continues to move within the start of the Wedge turnout. It is worth waiting for a correction attempt to the area of 1.3110 and continuing the decline of the pound/dollar pair into the area below the level of 1.2840. GBP/USD forecast & analysis Pound Dollar on August 8, 2017 In favor of falling quotations GBP/USD will perform a test of a broken trend line on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the region of 1.3250, which…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move near the area of 0.7930. At the moment, we should expect a test of 0.80 level and continue the decline of the pair in the area below the level of 0.7720. AUD/USD forecast & technical analysis on August 8, 2017 In favor of falling quotations of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of falling quotations will be a breakdown at 0.8090, indicating that the pair will continue to grow. Important news from Australia is…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the Triangle model. At the moment, there is a potential for testing the lower boundary of the model at 110.20 and continuing the growth above the level of 112.50. USD/JPY forecast & technical analysis on August 8, 2017 In favor of the pair’s growth, the Yen Dollar will test the support line on the indicator of relative strength index (RSI). The cancellation of the pair’s growth option will result in a fall and breakout of the area of 109.40, which will indicate that the pair…
Quotes of BRENT crude oil continue to move within the Triangle model. At the moment, we should expect a sweaty test of the upper limit of the model and the beginning of the fall in the area below the level of $ 50 per barrel. Technical analysis & forecast crude oil on August 8, 2017 In favor of falling quotations and oil prices will test the resistance line on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the region of 53.50, which will indicate the continued growth…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move near the area of 1.2650. At the moment, we should expect a test of the broken down boundary of the descending channel and the continuation of the pair’s growth above the level of 1.2930. USD/CAD forecast & technical analysis on August 8, 2017 In favor of the growth of USD/CAD quotes is the breakdown of the bearish trendline on the indicator of relative strength index (RSI). The cancellation of the growth option will be the fall and breakdown of the area of 1.2580, which will indicate the continuation…