Quotes of GOLD continue to move within the limits of the decline. At this point, we should expect a test of the support level near the 1320 area. Where can we expect the rebound and the continued growth in the price of GOLD with a target above the level of 1340. XAU/USD forecast & technical analysis March 30, 2018 In favor of the growth of quotations XAU/USD will perform a test of the support area on the indicator of relative strength index (RSI). Cancellation of the variant of the price increase for GOLD will be the fall and breakdown of…
Author: forex24pro
Quotes of BRENT crude oil continue to move within the bullish channel. At the moment, we should expect an attempt to test the lower boundary of the bullish channel near the area of 68.00. Then continue the growth in the area above the level of 73.00. BRENT forecast & technical analysis March 30, 2018 In favor of the growth of quotations and prices for oil BRENT will test the trend line on the indicator of relative strength index (RSI). Abolition of the variant of oil price growth will be a drop and a breakdown of the level of 66.50 dollars…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of the bullish correction. At this point, we should expect an attempt to test the resistance area near the area of 106.80 and continue falling of the pair into the area below the level of 104.30. USD/JPY forecast & technical analysis March 30, 2018 In favor of the fall of the pair USD/JPY, the trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the Dollar/Yen decline option will result in a strong growth and a…
Currency pair Pound Dollar GBP/USD continues to move in the fall. At this point, we should expect an attempt to test the resistance level near the area of 1.4100, where again we should expect a rebound and the continuation of the fall of the Pound against the US Dollar. The target of reducing the GBP/USD pair is the area below the level of 1.3850. GBP/USD forecast & technical analysis March 30, 2018 In favor of the fall of the pair on FOREX will perform a test of the broken trend line on the indicator of relative strength index (RSI). The…
The currency pair Euro Dollar EUR/USD continues to move within the correction. At this point, we should expect a test of the support level near the area of 1.2300, where again we should expect a rebound and continue the growth of the euro/dollar with a target above 1.2430. EUR/USD forecast & technical analysis March 30, 2018 In favor of the growth of EUR/USD quotations, a support line test will be performed on the relative strength index (RSI), as well as a test of the lower limit of the bullish model «5-0». Cancellation of the variant of the Euro/Dollar price growth…
Bitcoin BTC/USD is trading at 7331. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the area of 7600 is expected, from which it is expected to rebound and attempt to continue falling with a target at 6500 level. Bitcoin forecast & analysis BTC/USD on March 30, 2018 In favor of falling quotations of the cryptocurrency will test the lower limit of the model «Triangle». Earlier, a weak signal was received for the sell of Bitcoin cryptocurrency, due to…
Dash DSH/USD is traded at the level of 294. The cryptocurrency is traded below the lower Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. The test area of Ichimoku Kinko Hyo signal lines near the 350 level is expected, from which one should expect a rebound and an attempt to continue falling of Dash with a target at level 230. Dash forecast & analysis DSH/USD on March 30, 2018 An additional signal in favor of the drop will be a test of the upper boundary of the channel, as well as a resistance level…
Ethereum Classic ETC/USD is trading at the level of 15.21. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. The test area of the Ichimoku Kinko Hyo signal lines near the area of 15.50 is expected, from which it is expected to attempt a rebound and continue the fall with the target near the level of 13.00. Ethereum Classic forecast & analysis on March 30, 2018 An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel, as…
Ethereum ETH/USD is traded at 386. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The test area of the Ichimoku Kinko Hyo signal lines near area 430 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 280. Ethereum forecast & analysis ETH/USD on March 30, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the upper…
Litecoin LTC/USD is trading at the level of 119. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Litecoin. The test area of the Ichimoku Kinko Hyo signal lines near level 130 is expected, from which we should expect a rebound and an attempt to continue falling LTC/USD with a target below 95. Litecoin forecast & analysis LTC/USD on March 30, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of…