Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the rising channel. At this point, we should expect a rebound and the growth of quotations in the area above the level of 0.7560. NZD/USD forecast & technical analysis on August 4, 2017 In favor of the growth of quotations of the pair NZD/USD 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 of the area of 0.7320, which will indicate the continuation of the New Zealand…
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.
Quotes Gold XAU/USD continue to move near the area of 1270. It is worth to wait for the test of the level of 1272 and the beginning of the fall of quotations and Gold prices in the area below the level of 1240. In favor of the drop, a resistance line test will be performed on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis GOLD on August 4, 2017 Cancellation of the variant of the fall of quotations XAU/USD will be a strong growth and breakdown of the region 1275, which will indicate the continued growth…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the bearish channel. At the moment, the pair is testing the upper limit of the channel, we should expect a rebound and a fall in quotations of the pair below the level of 1.2350. USD/CAD forecast & technical analysis on August 4, 2017 In favor of falling USD/CAD is the resistance line test on the indicator of relative strength index (RSI). Cancellation of the fall option will be a strong growth and breakdown of the area of 1.2640, which indicates the continued growth of the pair. Among…
Quotes of BRENT crude oil continue to move within the bullish channel. At this time it is expected to continue the growth of quotations in the area above the level of 53 dollars per barrel and then continue the decline to the lower boundary of the channel. Technical analysis & forecast crude oil on August 4, 2017 In favor of falling quotations and oil prices will form a reversal model of the «Head and Shoulders» on the indicator of relative strength index (RSI). The abolition of the reduction option will be the breakdown of area 54, which will indicate the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of the formation of the «Triangle» model. It is worth waiting for an attempt to continue falling into the area below the level of 109. USD/JPY forecast & technical analysis on August 4, 2017 In favor of falling quotations of the pair of Dollar/Yen is the formation of the model of the «Head and Shoulders» on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the area of 111.00, which indicates…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of growth. At the moment, the potential for rebound and growth of the pair’s quotations to the area above the 0.8040 level remains. AUD/USD forecast & technical analysis on August 4, 2017 In favor of the growth of the Australian Dollar pair comes the support line test on the indicator of relative strength index (RSI). The cancellation of the variant of growth will be the breakdown of the area of 0.7875, which will indicate the continuation of the pair’s decline. Among the important news from Australia,…
The currency pair British Pound to US Dollar GBP/USD continues to move in line with expectations and our GBP/USD forecast. At the moment, quotes of the pair test the lower limit of the Wedge model, we should expect a rebound and a rise in quotations of the pound/dollar to the area above the level of 1.32, where again we should expect the pair to fall. GBP/USD forecast & analysis Pound Dollar on August 4, 2017 In favor of the growth of the pair is the test of the support line on the indicator of relative strength index (RSI). The abolition…
The currency pair Euro to US Dollar EUR/USD continues to trade near the local maximum area. At the moment, there is a potential for falling quotations of the euro/dollar in the lower channel boundary, where again we should expect a rebound and continued growth of the pair. EUR/USD forecast & analysis Euro Dollar on August 4, 2017 In favor of the fall, a trendline test will be performed on the relative strength index indicator. The abolition of the reduction option will be a strong growth and breakdown of the area of 1.1940, which will indicate the acceleration of the pair…
Zcash ZEC/USD is trading at the level of 187.70. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Zcash. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 195.00 level, from which the Ichimoku Kinko Hyo Cloud bottom test is expected near the 177.00 level. Zcash forecast & analysis ZEC/USD on August 4, 2017 Earlier, we received a weak signal for buying of Zcash cryptocurrency, due to the crossing of signal lines at the level of 176.94. Consider buying Zcash is with the breaking of the upper boundary…
Ripple XRP/USD is trading at the level of 0.1647. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.1590 level, from which it is expected to test the upper boundary of the Ichimoku Kinko Hyo Cloud near the 0.1750 level. Ripple forecast & analysis XRP/USD on August 4, 2017 Earlier, a weak signal was received for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1575. Consider buying Ripple is with the…