Gold Quotes XAU/USD continue to move in the fall. At the moment, Gold quotes are testing the area at the level of 1210. One should expect a rebound and an increase in XAU/USD quotations to the upper boundary of the bearish channel at the level of 1220, where again we should expect a further decline in gold prices. XAU/USD forecast FOREX price GOLD on July 10, 2017 In favor of the drop in quotations, a tight test of the resistance line will appear on the indicator of relative strength index (RSI). Canceling the option of lowering quotations and prices for…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move near the area of 0.7270. At the moment, there is a potential for continuing the decline in the pair’s quotations in the area below the level of 0.7150. NZD/USD forecast New Zealand Dollar on July 10, 2017 In favor of the fall of NZD/USD, a resistance line test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall of the pair will result in a strong growth and breakdown at the level of 0.7380, which will indicate the continued…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade in a bearish channel. It is worth waiting for an attempt to continue correction to the upper bound of the channel well beyond 0.97, where again we should expect the pair to continue falling into the area below the level of 0.9550. USD/CHF forecast Swiss Franc on July 10, 2017 In favor of the fall of the Dollar/Franc pair will perform a tight resistance line test on the indicator of relative strength index (RSI). Cancellation of the fall of the pair USD/CHF will be a strong increase in the…
Currency pair US Dollar Ruble USD/RUB continues to move within the framework of growth. At the moment, there is a potential for falling quotations in the area below the level of 58.90 rubles per US dollar. In favor of falling quotations of the Dollar Ruble pair is the formation of a reversal pattern the «Failure Swing» on the indicator of relative strength index (RSI). USD/RUB forecast Russian Ruble on July 10, 2017 Near the lower boundary of the channel, we expect a rebound and growth of quotations of the pair in the region above the level of 61.50. In favor…
Bitcoin BTC/USD is trading at the level of 2526. Quotes of the crypto currency show a decline. It is worth waiting for an attempt to test the broken model of the «Triangle» and continue the growth of Bitcoin. In favor of the growth of quotations BTC/USD is the test of the support line on the indicator of relative strength index (RSI). Technical analysis and Bitcoin forecast on July 10, 2017 Cancellation of the growth option will be a fall and breakdown of the area of 2450, which will indicate the continued decline in quotations of BTC/USD. With the breakdown of…
Cryptocurrency Dashcoin DSH/USD is trading at the level of 191.58. Quotes of the cryptocurrency continue to move within the ascending channel. It is necessary to expect a tight test of the lower border of the channel and the continuation of growth in the area above the level of 220. Technical analysis and Dashcoin forecast on July 10, 2017 In favor of the growth of quotations DSH/USD is the test of the support line on the indicator of relative strength index (RSI). Canceling the option of continuing the growth will be a drop in the breakdown of the 175 area, which…
Ethereum ETH/USD is trading at 243.50. Quotes of the cryptocurrency will continue to move within the bearish channel, which implies a bearish trend in Ethereum and the continuation of the decline. It is worth waiting for an attempt to test the upper border of the channel, as well as the resistance level near the area of 250. Technical analysis and Ethereum forecast on July 10, 2017 Again, we should expect the continuation of the decline of quotations ETH/USD in the area below the level of 210. In favor of the fall Ethereum will perform a tight test of the downward…
Cryptocurrency Litecoin LTC/USD is traded at the level of 46/57. Quotes of cryptocurrency will continue to move within the framework of a bearish correction. At the moment, testing the support area. It is worth expecting a rebound and an attempt to continue the growth of LTC/USD quotations in the region above the level of 57. Technical analysis and Litecoin forecast on July 10, 2017 In favor of the growth of the crypto currency is the test of the support line on indicator of relative strength index (RSI). Canceling the option, the fall will increase and the breakdown of the region…
RIPPLE XRP/USD is trading at the level of 0.2338. Quotes of the currency are traded below the moving average with a period of 55, which indicates the presence of a downward trend for RIPPLE. At the moment, quotes are testing the lower boundary of the bands of the Bollinger Bands indicator. It is expected to test the average border at 0.2500, where again we should expect an attempt to fall from a drop in growth near the level of 0.2065. RIPPLE forecast & analysis XRP/USD on July 8, 2017 Conservative sales area RIPPLE is located near the upper boundary of…
Cryptocurrency ZCASH ZEC/USD is trading at the level of 264.80. Quotes of the currency are traded below the moving average with a period of 55, indicating a bearish trend for ZCASH. At the moment, quotes are testing the lower limit of the indicator. A moving average test is expected at the level of 290, from which we again expect an attempt to continue the fall and further develop the bearish trend in the ZCASH cryptocurrency to fall near the level of 225. ZCASH forecast & analysis ZEC/USD on July 8, 2017 The conservative ZCASH sales area is located near the…