Currency pair Canadian Dollar to US Dollar USD/CAD continues to move in the bearish channel. We should expect an attempt to rebound from the lower border of the channel and continue the growth of the pair USD/CAD in the area above the level of 1.3090. USD/CAD Forecast Canadian Dollar on July 4, 2017 In favor of growth, the support area test comes on the indicator of relative strength index (RSI). Cancellation will be a variant of the growth of the Canadian Dollar to US Dollar will fall and breakdown of the area of 1.2930, indicating that the development of the…
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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 within the framework of an bullish correction. It is worth waiting for an attempt to test the resistance area near the level of $ 50 per barrel and continuing the decline in the area below the level of 46.50. BRENT forecast crude oil prices on July 4, 2017 In favor of falling quotations and oil prices is the test of the resistance area on the indicator of relative strength. The abolition of the reduction option will be the breakdown of the region at $ 51 per barrel, which will indicate a continued…
Currency pair US Dollar to Japanese Yen USD/JPY continues to move within the limits of growth. It is worth waiting for an attempt to test the lower boundary of the bullish channel of the continuation of growth in the region of the upper boundary of the «Triangle» model. USD/JPY Forecast Japanese Yen on July 4, 2017 In favor of the growth of fur seals, the Dollar/Yen will perform a tight test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth option of the pair will be the fall and breakdown of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the rising channel. It is worth to expect an attempt to break through the support area and fall of the pair’s quotations to the lower channel boundary area on the 0.7585 window. AUD/USD Forecast Australian Dollar on July 4, 2017 In favor of the drop, the values of the relative strength indicator from the resistance line rebound. Cancellation of the variant of the fall in the quotes of the Australian Dollar pair will be a breakdown of the area of 0.7730, which will indicate the continued growth. Among…
Currency pair British Pound to US Dollar GBP/USD continues to move within the framework of the bullish 5-0 formation. It is worth waiting for an attempt to drop the quotations of the pound dollar in the area below the level of 1.28. GBP/USD Forecast British Pound on July 4, 2017 In favor of the fall comes the breakdown of the upward trend line on the indicator of relative strength. An additional signal is the breakdown of the lower boundary of the «Triangle» model. Near the area of 1.28, we expect a rebound and a rise in the quotes of the…
Currency pair Euro to US Dollar EUR/USD continues to trade near the local maximum area. It is worth expecting an attempt to drop the pair’s quotations in the support area at the level of 1.1270. In favor of lowering the EUR/USD quotes, a breakdown of the upward trend line on the relative strength indicator will perform. EUR/USD Forecast Euro Dollar on July 4, 2017 The abolition of the pair’s decline option will be the breakdown of the local maximum area, which will indicate the continued growth of the pair. Important news from Europe and America is not expected, so the…
Cryptocurrency ETHEREUM ETH/USD is trading at the level of 275.50. Quotes of the currency are traded below the moving average with a period of 55, which indicates a bearish trend for ETHEREUM. At the moment, quotations ETHEREUM test the average boundary stripes indicator Bollinger Bands. The quotation is expected to reach the upper boundary at 285, where again we should expect an attempt to continue the fall and further develop the bearish trend in the ETHEREUM cryptocurrency to fall near the level of 230. ETHEREUM ETH/USD forecast and analysis on July 4, 2017 The conservative sales area ETHEREUM is located…
Cryptocurrency LITECOIN LTC/USD is trading at the level of 45.85. Quotes of the currency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for LITECOIN. For this, we expect a test of the broken support area at level 42, from which we again expect an attempt to continue growth and further development of the bullish trend for the LITECOIN cryptocurrency with the target of growth near the level of 50. LITECOIN LTC/USD forecast and analysis on July 4, 2017 The abolition of the option for continuing the growth of the…
BITCOIN BTC/USD is trading at 2568.25. Quotes of the currency are traded above the moving average with a period of 55, which indicates a change in the trend in favor of the bullish trend for BITCOIN. At the moment, quotes are testing the upper limit of the indicator. A moving average test is expected near the level of 2500, from which we again expect an attempt to continue the growth and further development of the bullish trend in the BITCOIN cryptocurrency with the target near the level of 2750. BITCOIN BTC/USD forecast and analysis on July 4, 2017 The conservative…
BITCOIN BTC/USD closed the trading month near the level of 2400. Currencies quotations are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for BITCOIN. At the moment, quotes are testing the lower limit of the indicator Bollinger Bands. Another test of the 2400 level is expected again, where again one should expect an attempt to continue growth and further development of the bull trend in the BITCOIN cryptocurrency with the target near the level of 3200 in July 2017. BITCOIN BTC/USD forecast and analysis on July 2017 The conservative area…