The currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the downward channel. At the moment, the potential for falling to the area below the level of 1.2250 remains. In favor of the fall of the pair is the test of the trend line on the indicator of relative strength index (RSI). USD/CAD forecast & technical analysis on August 3, 2017 The abolition of the reduction option will be the breakdown of the area of 1.2640, which will indicate the continued growth of the pair. Important news from Canada is not expected, so the pair will continue…
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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 move within expectations and the formation of a bearish wave model of Wolfe. At this point, we should expect a rebound and a drop in oil quotations to the lower boundary of the channel at $ 50 per barrel. Technical analysis & forecast crude oil on August 3, 2017 In favor of falling quotations BRENT will test the trend line on the indicator of relative strength index (RSI). The cancellation of the fall variant will be followed by breakdown of area 54, which will indicate the continued growth of oil. Technical analysis &…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continues to move in the fall. At the moment, we should expect the pair to continue growing in the area above the level of 111.50, then continue the decline in the area of 109.60. USD/JPY forecast & technical analysis on August 3, 2017 In favor of falling quotations of the pair, the Dollar/Yen will test the trend line on the indicator of relative strength. The abolition of the fall option will be a strong growth and breakdown of the region of 111.80, which indicates the continued growth. Important news…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the rising channel. It is worth waiting for the test of the lower border of the channel and the continuation of the growth of the pair with a target above the area of 0.8090. AUD/USD forecast & technical analysis on August 3, 2017 In favor of the growth of the pair will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of the growth of quotations will be the fall and breakdown of the area of 0.7870, which…
The currency pair British Pound to US Dollar GBP/USD continues to move within the Wedge model. It expects a rebound from the upper limit of the model and the fall of the pound dollar quotations into the area below the level of 1.30. GBP/USD forecast & analysis Pound Dollar on August 3, 2017 In favor of a pair of pairs is the test of the trend line on the indicator of relative strength index (RSI). Cancellation of the variant of the fall in the quotations of the British Pound will break through the area of 1.33, indicating that the pair…
The currency pair Euro to US Dollar EUR/USD continues to trade as part of the growth. At the moment, there is still potential for falling quotations of the euro dollar in the lower border of the upward channel at the level of 1.17. EUR/USD forecast & analysis Euro Dollar on August 3, 2017 In favor of the fall comes the test of the line of the net on the indicator of relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal model. The cancellation of the variant of the fall of the pair will be…
Zcash ZEC/USD is trading at 189. Cryptocurrency continues to trade within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Zcash. Ichimoku Kinko Hyo Cloud near the level 195 is expected to be tested near the level of 195, from which it is expected to attempt a fall and further development of the bearish trend with a target to reducing near the level of 175. Zcash forecast & analysis ZEC/USD on August 3, 2017 Earlier, a strong signal was obtained for buying of Zcash cryptocurrency due to the crossing of signal lines at level 178.…
Ripple XRP/USD is trading at the level of 0.1665. Cryptocurrency continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.1650, from which it is expected to try to fall and further develop the bearish trend over XRP/USD with the target of lowering near the level of 0.1150. Ripple forecast & analysis XRP/USD on August 3, 2017 Earlier, a weak signal was received for buying of Ripple cryptocurrency, due to the crossing of…
Litecoin LTC/USD is trading at 41.86. Cryptocurrency continues to be traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. Ichimoku Kinko Hyo Cloud near the level 42 is expected to be tested near the level of 42, from which one should expect an attempt to drop and develop a bearish trend over LTC/USD with a target to lower near level 40. Litecoin forecast & analysis LTC/USD on August 3, 2017 Earlier, a weak signal was obtained for buying of Litecoin cryptocurrency, due to crossing of signal lines at level 40 The cancellation…
Ethereum ETH/USD is trading at 222. The Ichimoku Kinko Hyo Cloud broke through and began to trade above its upper limit, indicating an bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to be tested near the level 208, from which we should expect an attempt of growth and further development of the bull tendency on Ethereum for the target of growth near the level of 255. Ethereum forecast & analysis ETH/USD on August 3, 2017 Earlier we received a weak signal for the purchases of the Ethereum cryptocurrency due to the crossing of signal lines at the level…