Quotes Gold XAU/USD continue to move within the framework of the upward correction. At the moment, there is the potential for a tight test of the pierced neckline line of the «Head and Shoulders» reversal pattern. Whence again we should expect a rebound and a drop in quotations of GOLD below the level of 1195. XAU/USD forecast & technical analysis GOLD on July 18, 2017 In favor of the reduction, a dense test of the resistance line will appear on the indicator of relative strength. Cancellation of the fall option will be a strong growth and breakdown of the level…
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 US Dollar to Canadian Dollar USD/CAD continues to move within the limits of the decline. At the moment, we should expect a correction attempt in the area of 1.27, where again we should expect the pair to continue falling into the area below the level of 1.2550. USD/CAD forecast & technical analysis on July 18, 2017 In favor of falling quotes of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength. The abolition of the reduction option will be strong growth and breakdown at the level of 1.2770, which will…
Quotes of BRENT crude oil continue to move within the framework of the formation of the bearish wave model of Wolfe. It is worth waiting for an attempt to drop quotes below the level of $ 48 per barrel. In favor of the fall is the formation of the «Head and Shoulders» reversal model on the indicator of relative strength. Technical analysis & forecast crude oil on July 18, 2017 From level 48, we should expect a rebound and an increase in quotations of oil above the level of $ 50 per barrel. The abolition of the growth option will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the downward channel. It is worth waiting for an attempt to test the upper border of the channel, where again we should expect the pair of Dollar/Yen to fall to the area of 111.80. USD/JPY forecast & technical analysis on July 18, 2017 In favor of falling USD/JPY quotations there will be a tight test of the trend line on the indicator of relative strength index (RSI), as well as a test of the resistance area. Canceling the option will be a breakdown at level…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of strong growth. At the moment, we should expect an attempt to drop the quotations in the support area at the level of 0.77. AUD/USD forecast & technical analysis on July 18, 2017 In favor of falling quotations AUD/USD is the test of the resistance area on the indicator of relative strength. Cancellation of the fall option will be a breakdown at the level of 0.7850, which will indicate continued growth. Among the important news from Australia, which can have a strong impact on the Australian…
The currency pair British Pound to US Dollar GBP/USD keeps moving within the framework of the formation of the bearish wave model of Wolfe. It is expected to rebound from the top of the model and the beginning of the fall of quotations of the pound dollar below the level of 1.2780. GBP/USD forecast & analysis Pound Dollar on July 18, 2017 The cancellation of the GBP/USD decline option will be triggered by a breakdown at 1.3150, indicating that growth will continue. Among the important news from Britain, which can influence the pound against the dollar, there are: Consumer Price…
The currency pair Euro to US Dollar EUR/USD continues to trade near the area of 1.1460. It is worth waiting for the attempt of growth of quotations above the level of 1.1485, where again we should expect the continuation of the decline in quotations. EUR/USD forecast & analysis Euro Dollar on July 18, 2017 The target of the fall of the pair is the area at the level of 1.1430. In favor of the fall of EUR/USD, a resistance line test will be performed on the indicator of relative strength. The abolition of the euro’s decline in the euro will…
Zcash ZEC/USD is trading at the level of 173.88. Cryptocurrency continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to test the lower boundary near the level of 200.00, from where one should expect an attempt to fall and develop a bearish tendency in the cryptocurrency to reduce near the level of 100.00. Zcash ZEC/USD prediction & analysis on July 18, 2017 Earlier, a strong signal was received for sales of Zcash cryptocurrency, due to the crossing of signal lines…
Ripple XRP/USD is trading at the level of 0.1625. Cryptocurrency continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a downward trend for Ripple. The Ichimoku Kinko Hyo cloud low limit test is expected near the level of 0.1840, from which one should expect an attempt to fall and further develop the bearish trend over XRP/USD with the target of lowering near the level of 0.0910. Ripple XRP/USD prediction & analysis on July 18, 2017 Earlier, a strong signal was received for sales of Ripple cryptocurrency, due to the crossing of…
Cryptocurrency Litecoin LTC/USD is trading at 41.71. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. LTC/USD is expected to rise to the level of 43.10, from which one should expect an attempt to drop and develop a bearish trend over LTC/USD with a view to reducing near the level of 34.20. Litecoin LTC/USD prediction & analysis on July 18, 2017 Earlier, a strong signal was received for sales of Litecoin cryptocurrency, due to crossing of signal lines at 45.00. Cancellation of the variant of the Litecoin quotations drop will…