Bitcoin BTC/USD is trading at the level of 2567.16. The Ichimoku Cloud of Kinko Hyo broke through the cryptocurrency and began to trade above its upper limit, indicating an bullish trend in Bitcoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 2530.00, from which one should expect an attempt of growth and further development of the bullish trend for BTC/USD with a target to growth near the level of 2740.00. Bitcoin BTC/USD prediction & analysis on July 4, 2017 Earlier, a medium strength signal was obtained for the buying of Bitcoin cryptocurrency, due to…
Author: forex24pro
Currency pair US Dollar Russian Ruble USD/RUB continues to move near the area of 59.20 rubles per US dollar. It is worth to expect an attempt to break the upper limit of the «Triangle» pattern of the continued growth of the Dollar/Ruble quotations to the area above the level of 61.50. USD/RUB Forecast Russian Ruble on July 4, 2017 In favor of the growth of USD/RUB quotations is the test of the support line on the indicator of relative strength index (RSI). The cancellation of the variant of growth will be the fall and breakdown of the area of 58.40,…
Currency pair USD/CHF US Dollar to Swiss Franc continues to trade as part of the decline. At the moment, the values of the relative strength indicator have broken through the resistance line. It is expected to rebound and the growth of quotations of the Dollar Frank pair in the area above the level of 0.9720. USD/CHF Forecast Swiss Franc on July 4, 2017 Cancel the option of growth of the pair USD/CHF will fall and breakdown of the area of 0.95, indicating that the acceleration of the pair’s quotes decline. Important news from Switzerland, which may have an impact on…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to move within the formation of the «Wedge» model. We should expect an attempt to break the lower boundary of the model and continue the decline in NZD/USD quotations to the area below the level of 0.7170. NZD/USD Forecast New Zealand Dollar on July 4, 2017 In favor of the fall of the pair is the resistance line test on the indicator of relative strength. The cancellation of the New Zealand Dollar fall will be the breakdown of the local maximum area, which will indicate the…
Quotes Gold XAU/USD continue to move within the framework of the formation of the bullish «Triangle» model. It is worth waiting for an attempt to tightly test the lower boundary of the model and continue the growth in the area above the level of 1260. XAU/USD Forecast Forex GOLD prices on July 4, 2017 In favor of the growth of quotations and prices for gold is the test of the support line on the indicator of relative strength index (RSI). Canceling the option growth in quotations and prices for Gold will be a fall and breakdown of the 1225 area,…
Currency pair Canadian Dollar to US Dollar USD/CAD continues to move in the bearish channel. We should expect an attempt to rebound from the lower border of the channel and continue the growth of the pair USD/CAD in the area above the level of 1.3090. USD/CAD Forecast Canadian Dollar on July 4, 2017 In favor of growth, the support area test comes on the indicator of relative strength index (RSI). Cancellation will be a variant of the growth of the Canadian Dollar to US Dollar will fall and breakdown of the area of 1.2930, indicating that the development of the…
Quotes of BRENT crude oil continue to move within the framework of an bullish correction. It is worth waiting for an attempt to test the resistance area near the level of $ 50 per barrel and continuing the decline in the area below the level of 46.50. BRENT forecast crude oil prices on July 4, 2017 In favor of falling quotations and oil prices is the test of the resistance area on the indicator of relative strength. The abolition of the reduction option will be the breakdown of the region at $ 51 per barrel, which will indicate a continued…
Currency pair US Dollar to Japanese Yen USD/JPY continues to move within the limits of growth. It is worth waiting for an attempt to test the lower boundary of the bullish channel of the continuation of growth in the region of the upper boundary of the «Triangle» model. USD/JPY Forecast Japanese Yen on July 4, 2017 In favor of the growth of fur seals, the Dollar/Yen will perform a tight test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth option of the pair will be the fall and breakdown of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the rising channel. It is worth to expect an attempt to break through the support area and fall of the pair’s quotations to the lower channel boundary area on the 0.7585 window. AUD/USD Forecast Australian Dollar on July 4, 2017 In favor of the drop, the values of the relative strength indicator from the resistance line rebound. Cancellation of the variant of the fall in the quotes of the Australian Dollar pair will be a breakdown of the area of 0.7730, which will indicate the continued growth. Among…
Currency pair British Pound to US Dollar GBP/USD continues to move within the framework of the bullish 5-0 formation. It is worth waiting for an attempt to drop the quotations of the pound dollar in the area below the level of 1.28. GBP/USD Forecast British Pound on July 4, 2017 In favor of the fall comes the breakdown of the upward trend line on the indicator of relative strength. An additional signal is the breakdown of the lower boundary of the «Triangle» model. Near the area of 1.28, we expect a rebound and a rise in the quotes of the…