Cryptocurrency Bitcoin BTC/USD is traded at the level of 2342. Quotes of the cryptocurrency show a decrease in the downward channel. It is worth waiting for an attempt to test the upper border of the channel at the level of 2350 and then continue the decline in quotations of Bitcoin below the level of 2150. Technical analysis & Bitcoin forecast on July 13, 2017 An additional signal in favor of falling quotations of BTC/USD is the resistance line test on the indicator of relative strength index (RSI). The cancellation of the fall option will result in a strong increase in…
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.
ZCASH ZEC/USD is trading at the level of 179. Currencies quotations are traded below the moving average with a period of 55, which indicates the presence of a bearish trend for ZCASH. At the moment, quotes are testing the lower boundary of the bands of the Bollinger Bands indicator. The test is expected to test the middle border of the indicator bands at 225, where again we should expect an attempt to continue the fall and further develop the bearish trend in the ZCASH cryptocurrency to fall near the level of 110. ZCASH forecast & analysis ZEC/USD on July 12,…
RIPPLE XRP/USD is trading at the level of 0.1750. Quotes of the currency are traded below the moving average with a period of 55, indicating a bearish trend for RIPPLE. At the moment, quotes are testing the lower boundary of the bands of the Bollinger Bands indicator. The test of the average border of the indicator at the level of 0.2100 is expected, where again we should expect a fall attempt with the target near the level 0.1180. RIPPLE forecast & analysis XRP/USD on July 12, 2017 The conservative area for sales of RIPPLE is located near the area of…
LITECOIN LTC/USD is trading at level 43. Quotes of the currency are traded below the moving average with a period of 55, indicating a bearish trend for LITECOIN. At the moment, quotes are testing the lower boundary of the Bollinger Bands. A moving average test is expected at 45.00, where again one should expect an attempt to continue the fall and further develop the bearish trend for LITECOIN cryptocurrency to reduce near level 35. The LITECOIN conservative sales area is located near the middle border of the Bollinger Bands indicator strip at 48. LITECOIN forecast & analysis LTC/USD on July…
ETHEREUM ETH/USD is trading at 190. 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 lower boundary of the bands of the indicator Bollinger Bands. A test of the broken resistance area is expected at the level of 219, where again we should expect an attempt to continue the fall and further develop the bearish trend in the ETHEREUM cryptocurrency with the target of falling near the level of 135. ETHEREUM forecast & analysis ETH/USD on July 12, 2017 The conservative…
DASHCOIN DSH/USD is trading at the level of 164. Currencies are traded below the moving average with a period of 55, indicating a bearish trend for DASHCOIN. At the moment, quotes are testing the lower boundary of the bands of the Bollinger Bands indicator. A moving average test is expected near the level of 181, where again one should expect an attempt to continue the fall and further develop the bearish trend for the DASHCOIN cryptocurrency with a target near the level of 135. An additional signal in favor of a fall may be the test of the resistance area.…
BITCOIN BTC/USD is trading at 2339. Currencies are traded below the moving average with a period of 55, indicating a bearish trend for BITCOIN. At the moment, quotes of the pair test the lower border of the bands of the indicator Bollinger Bands. It is expected to test the average border of the indicator near the level of 2450, where again we should expect an attempt to continue the fall and further develop the bearish trend in the BITCOIN cryptocurrency with the target near the level of 2150. BITCOIN forecast & analysis BTC/USD on July 12, 2017 The conservative area…
The currency pair British Pound to US Dollar GBP/USD continues as part of the bull model 5-0. It is expected to continue the growth of the pair in the area above the level of 1.31. In favor of the growth of quotations GBP/USD is the breakdown of the downward trend line on the indicator of relative strength index (RSI). GBP/USD forecast & analysis Pound Dollar on July 12, 2017 Cancellation of the growth option will be a fall and breakdown at the level of 1.28, which will indicate the continuation of the decline in the area below the level of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the formation of the head and shoulders reversal pattern. It is worth to expect an attempt of a minor correction in the area above the level of 0.7630 and continuation of the pair’s decline below the level of 0.7450. AUD/USD forecast & technical analysis on July 12, 2017 In favor of falling quotations of the Australian Dollar will perform a test of the resistance line on the indicator of relative strength. Canceling the option of reducing the pair will be a strong increase in the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move outside the Triangle model. At this point, we should expect an attempt to correct the pair’s quotations in the lower boundary area and continue to rise above the level of 116.00. USD/JPY forecast & technical analysis on July 12, 2017 In favor of growth, a breakdown of resistance will be made on the indicator of relative strength index (RSI). Canceling the option of continuing the growth of the pair Dollar/Yen will fall and breakdown at 113.00, indicating that the pair continues to decline. Important news from…