Quotes of the USD/JPY Dollar to Japanese Yen continue to move near the resistance area. It is worth waiting for an attempt to rebound and fall of quotations in the area below the level of 112.30. USD/JPY forecast Japanese Yen on July 7, 2017 In favor of the fall of the pair USD/JPY is the formation of the head and shoulders reversal pattern on the relative strength indicator, the breakdown of the local maximum region will be a cancellation. Important news from Japan is not expected, so the pair will continue to move in the technical analysis of USD/JPY. USD/JPY…
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 BRENT crude oil continue to move in line with expectations and our forecast of oil prices. It is worth waiting for an attempt to tightly test the broken channel border and continue the decline in the area below the level of $ 46 per barrel. BRENT forecast crude oil prices on July 7, 2017 Expect to accelerate the fall in quotations BRENT is worth a breakdown of the area of $ 47.25 per barrel. The abolition of the fall option will be a breakdown of the level of $ 50, which will indicate the continued growth in oil…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in line with expectations. At the moment, the potential for correction to the upper channel boundary at the level of 1.3130 remains. In favor of growth is the formation of the reversal model of the «Head and Shoulders». USD/CAD forecast Canadian Dollar on July 7, 2017 The cancellation of the growth of USD/CAD quotations will be the fall and breakdown of the local minimum area, which will indicate the continuation of the pair’s decline. Near the upper border of the channel, we again expect the pair to fall. Among…
Quotes of Gold XAU/USD continue to move within the downward channel. It is worth to expect an attempt to correct the quotations in the area above the level of 1235, and further continue the decline in GOLD prices in the area below the level of 1205. XAU/USD forecast Forex GOLD price on July 7, 2017 In favor of falling quotations and the price of Gold will come a close test of the downward trend line on the indicator of relative strength. The abolition of the reduction option will be a strong growth and breakdown of the area 1245, which will…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move near the area of 0.7270. It is worth waiting for an attempt to test the area of 0.7290 and continue the decline in the area below the level of 0.7150. NZD/USD forecast New Zealand Dollar on July 7, 2017 In favor of falling quotations of the pair will perform a tight test of the resistance line on the indicator of relative strength index (RSI). The abolition of the reduction option will be the breakdown of the local maximum area, which will indicate the continued growth…
Currency pair US Dollar to Swiss Franc USD/CHF continues to trade in a bearish channel. It is worth waiting for an attempt to test the upper limit and continue to decline the pair below the level of 0.9520. USD/CHF forecast Swiss Franc on July 7, 2017 In favor of falling quotations of the Dollar Franc pair is a rebound from the trend line on the indicator of relative strength index (RSI). Cancellation of the fall option will be a breakdown of the area of 0.97, in which case it is necessary to expect the pair to continue growing. Important news…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move in line with expectations and our forecast for the ruble exchange rate for tomorrow. At this point, you should expect an attempt to test the cork oh support area at 58.80 rubles per US dollar. USD/RUB forecast Russian Ruble on July 7, 2017 Where again we should expect a rebound and growth of quotations of USD/RUB above the level of 61 rubles. In favor of the growth of the pair USD/RUB will perform a tight test of the support line on the indicator of relative strength. The cancellation of…
Cryptocurrency Zcash ZEC/USD is trading at the level of 286.30. Cryptocurrency continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for Zcash. Ichimoku Kinko Hyo Cloud is expected to test the lower boundary near the level of 290.00, from which one should expect an attempt to drop and develop a bearish trend in the cryptocurrency to reduce near the level of 230.00. Zcash ZEC/USD prediction & analysis on July 7, 2017 Earlier, a strong signal was received for sales of the Zcash cryptocurrency, due to the crossing of…
Cryptocurrency Ripple XRP/USD is trading at the level of 0.2410. The Ichimoku Cloud of Kinko Hyo broke through the cryptocurrency and began to trade below its lower limit, which indicates a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.2440, from which one should expect an attempt to fall and further develop the bearish trend over the XRP/USD with a view to lower near the level of 0.2160. Ripple XRP/USD prediction & analysis on July 7, 2017 Earlier, a strong signal was received for the sale of the Ripple cryptocurrency,…
Monero XMR/USD is trading at 47.34. Cryptocurrency continues to trade above the upper boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of an bullish trend for Monero. The price of XMR/USD is expected to close near the level of 45.10, where we can expect an attempt to grow and develop the bullish trend for Monero with a view to growth near the level of 52.50. Monero XMR/USD prediction & analysis on July 7, 2017 Earlier, a weak signal was received for buying of the Monero cryptocurrency, due to the crossing of the signal lines at the level…