Quotes of BRENT crude oil continue to move as part of the development of the inverted head and shoulders model. It is worth waiting for an attempt to grow above the level of $ 50 per barrel and then continue the decline in quotations below $ 45. Technical analysis & forecast crude oil on July 17, 2017 In favor of the fall, a dense test of the resistance area will perform on the indicator of relative strength index (RSI). The cancellation of the fall option will be a breakdown of the level of 51.50, which will indicate the continued growth…
Author: forex24pro
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the limits of the decline. It is worth to expect an attempt to correct the quotations in the area above the level of 1.2750, where again we should expect the pair to continue falling below 1.2580. USD/CAD forecast & technical analysis on July 17, 2017 In favor of falling quotations of the Canadian Dollar will perform a tight test of the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall option will be a strong growth and breakdown at the level…
Quotes Gold XAU/USD continue to move within the framework of an bullish correction. At the moment, the quotations are testing the area of the broken neck line. It is expected to rebound and fall in quotations XAU/USD below the level of 1195. XAU/USD forecast & technical analysis GOLD on July 17, 2017 In favor of the fall in the price of gold will perform a tight test of the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of falling prices for GOLD will be performed by breakdown at level 1240, which will indicate…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the upward momentum. It is worth waiting for an attempt to fall into the area below the level of 0.7160. NZD/USD forecast & technical analysis on July 17, 2017 In favor of falling quotations of the pair NZD/USD is the test of the resistance area on the indicator of relative strength index (RSI). The reversal of the fall of the pair will be a strong growth and breakdown at the level of 0.7380, which will indicate continued growth. Important news from New Zealand, which…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade in a downward channel. It is worth waiting for an attempt to continue falling below the level of 0.9520. In favor of the drop, the values of the relative strength indicator from the resistance line rebound. USD/CHF forecast & technical analysis on July 17, 2017 The abolition of the decline option will be a strong growth and breakdown at 0.9710, which indicates the continued growth of the Dollar/Franc. Important news from Switzerland, which may have an impact on the Swiss Franc against the US Dollar, is not expected, so…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the correction. At the moment, quotes are testing the area of the lower border of the bullish channel. It is expected to rebound and the growth of quotations above the level of 61. USD/RUB forecast & technical analysis on July 17, 2017 In favor of the growth of the pair Dollar/Ruble comes a 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 58.50, which will indicate the…
ZCASH ZEC/USD is trading at the level of 184. Currencies quotations are traded below the moving average with a period of 55, which indicates a bearish trend for ZCASH. Currently, the quotes are testing the average border of the Bollinger Bands indicator bars. The upper limit of the indicator strips is expected to be tested at level 218, where again one should expect an attempt to continue the fall and further develop the bearish trend in the ZCASH cryptocurrency with the target of falling near the level of 100. ZCASH forecast & analysis ZEC/USD on July 15, 2017 The conservative…
RIPPLE XRP/USD is trading at the level of 0.1850. Quotes of the currency are traded below the moving average with a period of 55, indicating a bearish trend for RIPPLE. Currently, the quotes are testing the average border of the Bollinger Bands indicator bars. It is expected to test the upper limit of the indicator at 0.2000, where again we should expect a fall attempt with a target near the level of 0.1255. Conservative area for sales RIPPLE is located near the area of 0.2100. RIPPLE forecast & analysis XRP/USD on July 15, 2017 The abolition of the option of…
LITECOIN LTC/USD is traded at level 44. Quotes of the currency are traded below the moving average with a period of 55, which indicates a bearish trend for LITECOIN. At the moment, quotes are testing the average border of the Bollinger Bands. A moving average test is expected at 45.00, where again we should expect an attempt to continue the fall and further develop the bearish trend in the LITECOIN cryptocurrency to reduce it near level 35. The LITECOIN conservative sales area is located near the middle border of the Bollinger Bands indicator strip at level 46. LITECOIN forecast &…
ETHEREUM ETH/USD is trading at 197. Quotes of the currency are traded below the moving average with a period of 55, indicating a bearish trend in ETHEREUM. At the moment, quotations ETHEREUM test the average boundary stripes indicator Bollinger Bands. The upper bound of the indicator is expected to be tested at 205, where again we should expect an attempt to continue the fall and further develop the bearish trend in the ETHEREUM crypto currency with the target of falling near the level of 140. ETHEREUM forecast & analysis ETH/USD on July 15, 2017 The conservative sales area ETHEREUM is…