Cryptocurrency DASHCOIN DSH/USD is traded at level 190. Quotes of the currency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for DASHCOIN. At the moment, quotes of the pair test the average border of the bands of the indicator Bollinger Bands. A moving average test is expected near the level of 180, from which we again expect an attempt to continue growth and further development of the bull trend in the DASHCOIN cryptocurrency with the target near the level of 235. DASHCOIN forecast & analysis DSH/USD on July 8,…
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.
BITCOIN BTC/USD is trading at the level of 2540.84. Quotes of the currency are traded above the moving average with a period of 55, indicating a bullish trend for BITCOIN. At the moment, quotes are testing the lower limit of the indicator. BITCOIN is expected to rebound and continue to grow from already current levels, with the target close to the level of 2740. The conservative area for buying of BITCOIN is located near the lower boundary of the Bollinger Bands indicator strip at 2520. BITCOIN forecast & analysis BTC/USD on July 8, 2017 The abolition of the continuation of…
The currency pair EUR/USD continues to be traded within the limits of expectations and our forecast euro/dollar. At the moment, there is a potential for growth above the local maximum and test the upper limit of the uplink. EUR/USD forecast Euro Dollar on July 7, 2017 Near the level of 1.1460 again we should expect an attempt to drop the quotations of the euro/dollar. In case of breakdown of the upper border of the channel, we should expect the EUR/USD quotes to continue growing. Among the important news that can affect the euro against the dollar, it is worth highlighting:…
The currency pair GBP/USD continues to move within the rising channel. It is worth waiting for an attempt to fall and test the lower border of the channel, from where again the pair can show growth above the level of 1.3050. GBP/USD forecast Pound Dollar on July 7, 2017 In favor of the growth of quotations, the pound/dollar will perform a tight test of the support line on the indicator of relative strength index (RSI). Canceling the growth of the pair will be a fall and breakdown of the area of 1.28, in which case it is expected to continue…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in near area 0.7580. It is worth waiting for an attempt to test the bottom of the rising channel and continue the growth of the pair in the area above 0.7650. AUD/USD forecast Australian Dollar on July 7, 2017 In favor of the growth of the AUD/USD pair will perform a tight test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of growth will be a fall and breakdown of the area of 0.75, which will indicate the continued decline of…
Quotes of the USD/JPY Dollar to Japanese Yen continue to move near the resistance area. It is worth waiting for an attempt to rebound and fall of quotations in the area below the level of 112.30. USD/JPY forecast Japanese Yen on July 7, 2017 In favor of the fall of the pair USD/JPY is the formation of the head and shoulders reversal pattern on the relative strength indicator, the breakdown of the local maximum region will be a cancellation. Important news from Japan is not expected, so the pair will continue to move in the technical analysis of USD/JPY. USD/JPY…
Quotes of BRENT crude oil continue to move in line with expectations and our forecast of oil prices. It is worth waiting for an attempt to tightly test the broken channel border and continue the decline in the area below the level of $ 46 per barrel. BRENT forecast crude oil prices on July 7, 2017 Expect to accelerate the fall in quotations BRENT is worth a breakdown of the area of $ 47.25 per barrel. The abolition of the fall option will be a breakdown of the level of $ 50, which will indicate the continued growth in oil…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in line with expectations. At the moment, the potential for correction to the upper channel boundary at the level of 1.3130 remains. In favor of growth is the formation of the reversal model of the «Head and Shoulders». USD/CAD forecast Canadian Dollar on July 7, 2017 The cancellation of the growth of USD/CAD quotations will be the fall and breakdown of the local minimum area, which will indicate the continuation of the pair’s decline. Near the upper border of the channel, we again expect the pair to fall. Among…
Quotes of Gold XAU/USD continue to move within the downward channel. It is worth to expect an attempt to correct the quotations in the area above the level of 1235, and further continue the decline in GOLD prices in the area below the level of 1205. XAU/USD forecast Forex GOLD price on July 7, 2017 In favor of falling quotations and the price of Gold will come a close test of the downward trend line on the indicator of relative strength. The abolition of the reduction option will be a strong growth and breakdown of the area 1245, which will…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move near the area of 0.7270. It is worth waiting for an attempt to test the area of 0.7290 and continue the decline in the area below the level of 0.7150. NZD/USD forecast New Zealand Dollar on July 7, 2017 In favor of falling quotations of the pair will perform a tight test of the resistance line on the indicator of relative strength index (RSI). The abolition of the reduction option will be the breakdown of the local maximum area, which will indicate the continued growth…