Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in line with expectations and our NZD/USD forecast. At the moment, we should expect an attempt to break the support area at the level of 0.7150 and continue the decline in the area below the level of 0.7080. NZD/USD forecast & technical analysis on July 12, 2017 The cancellation of the option will be a strong growth and a breakdown at the level of 0.7350, in which case we should expect the pair to continue growing. Important news from New Zealand, which may have an…
Author: forex24pro
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade as part of the formation of the reversal pattern «Double Bottom». It is expected to continue the growth of quotations of the pair in the area above the level of 0.9770. USD/CHF forecast & technical analysis on July 12, 2017 In favor of the growth of the pair USD/CHF is the breakdown of the resistance line on the indicator of relative strength index (RSI). The cancellation of the pair’s growth option will result in a fall and breakdown of the level of 0.95, which will indicate the continuation of…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of growth. At this point, we should expect an attempt to test the lower border of the channel and continue the growth of quotations of the pair above the level of 61.50. In favor of the growth of the dollar against the ruble, a test of the support line on the indicator of relative strength index (RSI) will perform. USD/RUB forecast & technical analysis on July 12, 2017 Cancellation of the growth option will drop the breakdown of level 60, which indicates continuation of the correction…
The currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of the formation of the reversal model «Double Top». It is worth waiting for an attempt to drop the quotes below the level of 1.13. In favor of the fall will break through the «Triangle» model. EUR/USD forecast & analysis Euro Dollar on July 12, 2017 By abolishing the option of lowering the quotations of the euro, the dollar will be a breakdown at the level of 1.1470, which will indicate the continued growth of the EUR/USD pair. Expect the acceleration of the fall of…
Zcash ZEC/USD is trading at the level of 169.80. Cryptocurrency continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for Zcash. The price of ZEC/USD is expected to rise to 215.00, from which it is expected to try to fall and develop a bearish trend in the cryptocurrency to reduce near the level of 95.00. Zcash ZEC/USD prediction & analysis on July 12, 2017 Earlier, a strong signal was received for sales of the Zcash cryptocurrency, due to the crossing of the signal lines at the level of…
Ripple XRP/USD is trading at the level of 0.1696. Cryptocurrency continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The growth of quotations of XRP/USD to the level of 0.1910 is expected, from which one should expect an attempt to drop and further develop the bearish trend for XRP/USD with the target of decreasing near the level of 0.0930. Ripple XRP/USD prediction & analysis on July 12, 2017 Earlier, a strong signal was received for the sale of Ripple cryptocurrency, due to the crossing of signal lines at the level…
Monero XMR/USD is trading at the level 41.10. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. The growth of quotations of XMR/USD to the level of 38.10 is expected, from which one should expect an attempt to drop and develop the bearish trend on Monero with the target of reducing near the level of 27.80. Monero XMR/USD prediction & analysis on July 12, 2017 Earlier, we received a weak signal for sales of the Monero cryptocurrency, due to the crossing of the signal lines at the level of 45.20.…
Cryptocurrency Litecoin LTC/USD is trading at the level 43.49. 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 a level of 45.50, from which it is expected to try to fall and develop a bearish trend for LTC/USD with a target to lower near the level of 35.90. Litecoin LTC/USD prediction & analysis on July 12, 2017 Earlier, a medium strength signal was received for sales of Litecoin cryptocurrency, due to crossing of signal lines at the level of 47.30. Canceling the variant of…
Ethereum ETH/USD is trading at the level 187.50. Cryptocurrency continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The growth of quotations of ETH/USD to the level of 211.00 is expected, from which one should expect an attempt to drop and develop a bearish trend on Ethereum with a target to lower near the level of 138.00. Ethereum ETH/USD prediction & analysis on July 12, 2017 Earlier, a strong signal was received for the sales of the Ethereum cryptocurrency, due to the crossing of the signal lines at the level…
Ethereum Classic ETC/USD is trading at the level of 12.55. Cryptocurrency continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. The growth of quotations of ETC/USD to the level of 14.20 is expected, from which one should expect an attempt to drop and further develop the bearish trend in Ethereum Classic with the target of reducing near the level of 9.90. Ethereum Classic prediction & analysis on July 12, 2017 Earlier, a medium strength signal was received for the sales of the Ethereum Classic cryptocurrency, due to the…