Quotes of BRENT crude oil continue to move within the limits of the decline. At this point, we should expect an attempt to correct quotes and oil prices in the region above the level of 47.40, where again we should expect the continued decline in oil below 44.50. Technical analysis & forecast crude oil on July 11, 2017 In favor of correction is the test of the support line on the indicator of relative strength index (RSI). The abolition of the reduction option will be a strong growth and breakdown of the region of $ 48, which will indicate the…
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of growth. At the moment, the pair was able to break the upper limit of the «Triangle» model, which indicates that the growth continues into the area above the level of 116.00. USD/JPY forecast & technical analysis on July 11, 2017 In favor of the growth of the pair will perform a tight test of the support line on the indicator of relative strength index (RSI). At the moment, we should expect an attempt to correct the USD/JPY quotations in the region 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 to grow the pair in the area above the level of 0.7650, where again we should expect the pair to continue falling below the level of 0.7450. AUD/USD forecast & technical analysis on July 11, 2017 In favor of reducing the pair AUD/USD will test the trend line on the indicator of relative strength. The cancellation of the variant of falling quotations will be a strong growth and breakdown…
The currency pair British Pound to US Dollar GBP/USD continues to move within the framework of the formation of the «5-0» bullish forex model. It is worth waiting for an attempt to test the lower border of the channel and continue growth in the area above the level of 1.31. GBP/USD forecast & analysis Pound Dollar on July 11, 2017 In favor of the growth of the Pound/Dollar pair on Forex, the support line test on the relative strength indicator appears. Cancellation of the growth option will be a drop and breakdown at the level of 1.28, which will indicate…
The currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of the formation of the reversal model the «Double Top». It is necessary to expect a decrease in the quotations of the euro/dollar after the breakdown of the uptrend line. EUR/USD forecast & analysis Euro Dollar on July 11, 2017 Expect the acceleration of the fall is with the breakdown of the support area at the level of 1.1300. An additional signal is the formation of the «Head and Shoulders» reversal pattern on the relative strength indicator. The abolition of the pair’s decline will be…
Zcash ZEC/USD is trading at the level of 216.87. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. ZEC/USD is expected to rise to 240.00, from which it is expected to try to fall and develop a bearish trend in the cryptocurrency to reduce near the level of 166.00. Zcash ZEC/USD prediction & analysis on July 11, 2017 Earlier, a strong signal was received for sales of the Zcash cryptocurrency, due to the crossing of the signal lines at the level of 276.00. Cancellation of the variant of falling of…
Ripple XRP/USD is trading at the level of 0.2150. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The growth of quotations of XRP/USD to the level of 0.2250 is expected, from which one should expect an attempt to fall and further develop the bearish trend for XRP/USD with a view to lower near the level of 0.1790. Ripple XRP/USD prediction & analysis on July 11, 2017 Earlier, a strong signal was received for the sale of Ripple cryptocurrency, due to the crossing of signal lines at the level of…
Monero XMR/USD is trading at 41.10. The Ichimoku Cloud Kinko Hyo broke through the Crypto currency and began to trade below its lower limit, which indicates the presence of a bearish trend for Monero. The growth of quotations of XMR/USD to the level of 43.50 is expected, from which one should expect an attempt to drop and develop a bearish trend along the Monero with a view to falling near the level of 34.10. Monero XMR/USD prediction & analysis on July 11, 2017 Earlier, we received a weak signal for sales of the Monero cryptocurrency, due to the crossing of…
Litecoin LTC/USD is trading at 45.20. The Cloud of Ichimoku Kinko Hyo broke through the cryptocurrency and began to trade below its lower limit, which indicates a bearish trend in Litecoin. LTC/USD is expected to rise to 46.20, from which it is expected to try to fall and develop a bearish trend for LTC/USD with a target to reducing near the level of 38.00. Litecoin LTC/USD prediction & analysis on July 11, 2017 Earlier, a medium strength signal was received for sales of Litecoin cryptocurrency, due to crossing of signal lines at the level of 47.30. Canceling the variant of…
Ethereum ETH/USD is trading at 215.68. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The growth of quotations of ETH/USD to the level of 232.00 is expected, from which one should expect an attempt to drop and develop a bearish trend on Ethereum with a target to reducing near the level of 184.00. Ethereum ETH/USD prediction & analysis on July 11, 2017 Earlier, a strong signal was received for the sales of the Ethereum cryptocurrency, due to the crossing of the signal lines at the level of 263.90. The…