Currency pair Euro to US Dollar EUR/USD continues to trade near the local maximum area. It is worth expecting an attempt to drop the pair’s quotations in the support area at the level of 1.1270. In favor of lowering the EUR/USD quotes, a breakdown of the upward trend line on the relative strength indicator will perform. EUR/USD Forecast Euro Dollar on July 4, 2017 The abolition of the pair’s decline option will be the breakdown of the local maximum area, which will indicate the continued growth of the pair. Important news from Europe and America is not expected, so the…
Author: forex24pro
Cryptocurrency ETHEREUM ETH/USD is trading at the level of 275.50. Quotes of the currency are traded below the moving average with a period of 55, which indicates a bearish trend for ETHEREUM. At the moment, quotations ETHEREUM test the average boundary stripes indicator Bollinger Bands. The quotation is expected to reach the upper boundary at 285, where again we should expect an attempt to continue the fall and further develop the bearish trend in the ETHEREUM cryptocurrency to fall near the level of 230. ETHEREUM ETH/USD forecast and analysis on July 4, 2017 The conservative sales area ETHEREUM is located…
Cryptocurrency LITECOIN LTC/USD is trading at the level of 45.85. Quotes of the currency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for LITECOIN. For this, we expect a test of the broken support area at level 42, from which we again expect an attempt to continue growth and further development of the bullish trend for the LITECOIN cryptocurrency with the target of growth near the level of 50. LITECOIN LTC/USD forecast and analysis on July 4, 2017 The abolition of the option for continuing the growth of the…
BITCOIN BTC/USD is trading at 2568.25. Quotes of the currency are traded above the moving average with a period of 55, which indicates a change in the trend in favor of the bullish trend for BITCOIN. At the moment, quotes are testing the upper limit of the indicator. A moving average test is expected near the level of 2500, from which we again expect an attempt to continue the growth and further development of the bullish trend in the BITCOIN cryptocurrency with the target near the level of 2750. BITCOIN BTC/USD forecast and analysis on July 4, 2017 The conservative…
BITCOIN BTC/USD closed the trading month near the level of 2400. Currencies quotations are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for BITCOIN. At the moment, quotes are testing the lower limit of the indicator Bollinger Bands. Another test of the 2400 level is expected again, where again one should expect an attempt to continue growth and further development of the bull trend in the BITCOIN cryptocurrency with the target near the level of 3200 in July 2017. BITCOIN BTC/USD forecast and analysis on July 2017 The conservative area…
ETHEREUM ETH/USD has completed the trading month near the level of 250. Quotes of the currency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for ETHEREUM. At the moment, quotations ETHEREUM test the lower boundary of the bands of the indicator Bollinger Bands. It is expected that the quotations will fall to the moving average at 250, where again we should expect an attempt to continue growth and further development of the bullish trend in the ETHEREUM cryptocurrency with the target of falling near 400 in July 2017. ETHEREUM…
LITECOIN LTC/USD completed the trading month near the level of 37. Quotes of the currency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for LITECOIN. This is expected to test the support level near area 35, where again we should expect an attempt to continue growth and further development of the bullish trend for LITECOIN cryptocurrency with the target of growth near level 55. LITECOIN LTC/USD forecast and analysis on July 2017 The conservative area for LITECOIN buying is located near the lower boundary of the Bollinger Bands indicator…
ZCASH ZEC/USD has closed the trading month near the level of 280. Currencies quotations are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for ZCASH. At the moment, quotes are testing the lower limit of the indicator. A moving average test is expected as well as a test of the lower border of the uplink at level 260, where again one should expect an attempt to continue growth and further development of the bullish trend for the ZCASH cryptocurrency for growth near the level of 440. An additional signal in…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continues to move within the limits of growth. At the moment, there is potential for the formation of a bullish wave model of Wolfe. It is expected that the pair of Dollar/Yen pair will fall to the area below the level of 111.60, where the rebound and growth of the pair USD/JPY in the area above the 113.10 level are expected. USD/JPY Japanese Yen forecast on July 3, 2017 In favor of the pair growth, a tight test of the support line on the relative strength initiator will perform.…
Quotes of Gold XAU/USD continue to move within the bearish channel. It is expected to try the test area 1247 and continue falling quotations and Gold prices in the area below the level of 1230. In favor of the fall of XAU/USD will come a close test of the downward trend line on the indicator of relative strength index (RSI). XAU/USD forecast & analysis Gold prices on July 3, 2017 Cancellation of the reduction option will be a strong growth and breakdown of the area of 1255, indicating that the price of gold will continue to increase to the level…