Quotes of GOLD XAU/USD continue to move within the framework of strong growth. At this point, we should expect an attempt to test the support level near the area of 1320. Where can we expect a rebound and the continued growth in the price of gold with a target above the level of 1365 as part of the development of the «Wedge» model. XAU/USD forecast & technical analysis March 23, 2018 In favor of the growth of quotations XAU/USD will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of…
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 within the correction. At the moment, we should expect a test of the resistance area near the level of 0.7250 and continuation of the fall in the area below the level of 0.7120. NZD/USD forecast & technical analysis March 23, 2018 In favor of the fall of NZD/USD, a resistance line test will be performed on the indicator of relative strength index (RSI), as well as the formation of the bearish model «5-0». The cancellation of the New Zealand Dollar forex quotation will result in…
Currency pair Dollar Franc USD/CHF continues to move within the correction. At this point, we should expect an attempt to test the bottom of the channel near the level of 0.9460 and the continued growth of the US Dollar against the Swiss Franc with a target above 0.9620. USD/CHF forecast & technical analysis March 23, 2018 In favor of the growth of the Dollar Franc pair will perform a test of the support line on the indicator of strength index (RSI). The cancellation of the growth of the USD/CHF pair on Forex will be the fall and breakdown of the…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the bullish channel. At this point, we should expect an attempt to test the resistance area near the level of 57.60 and continue the fall of the pair in the area below the level of 55.90 as part of the development of the reversal model «Head and Shoulders». USD/RUB forecast & technical analysis March 23, 2018 In favor of the fall of the pair USD/RUB, a trend line test will be performed on the indicator of relative strength. Canceling the growth of the pair USD/RUB on Forex will be…
Bitcoin BTC/USD is trading at 8572. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend over Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the area of 8300 is expected, from which we should expect a rebound and an attempt to continue growth with the target at 9700 level. Bitcoin forecast & analysis BTC/USD on March 23, 2018 In favor of growth of quotations of cryptocurrency, a test of the support area will perform. Earlier, we received a weak signal for the buy of Bitcoin cryptocurrency, due to the crossing of the…
Dash DSH/USD is traded at the level of 400. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo Cloud is expected to test near the level 410, from which it is expected to rebound and attempt to continue falling with a target at level 300. Dash forecast & analysis DSH/USD on March 23, 2018 An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Earlier, a weak signal was received for buy…
Ethereum Classic ETC/USD is trading at the level of 15.45. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud upper test is expected near the area at 15.00, from which it is expected to attempt a rebound and continue growth with the target near the level of 21.80. Ethereum Classic forecast & analysis on March 23, 2018 An additional signal in favor of growth will test the level of support. Earlier, a weak strength signal was obtained for buy of the Ethereum…
Ethereum ETH/USD is trading at 526. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. A support area test is expected near the 510 level, from which one should expect a rebound and an attempt to start the growth of the cryptocurrency with a target at 690 level. Ethereum forecast & analysis ETH/USD on March 23, 2018 An additional signal in favor of the growth of the crypto currency is the formation of the reversal model «Head and Shoulders». A confirmation of the growth will be a breakdown of…
Litecoin LTC/USD is trading at 163. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the level 155, from which we should expect a rebound and an attempt to continue the growth of LTC/USD with a target above the 195 level. Litecoin forecast & analysis LTC/USD on March 23, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a weak signal was received for buy of Litecoin cryptocurrency,…
Monero XMR/USD is trading at 223. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near level 210 is expected, from which we should expect a rebound and an attempt to continue the fall of the crypto currency with a target at level 155. Monero forecast & analysis XMR/USD on March 23, 2018 An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel. Earlier, a…