Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the limits of the decline. At the moment, we should expect an attempt to test the resistance area near the level of 1.3020 and continue falling of the pair in the area below the level of 1.2690 within the beginning of the development of the reversal model «Head and Shoulders». USD/CAD forecast & technical analysis March 27, 2018 In favor of falling quotations of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the USD/CAD fall…
Author: forex24pro
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 lower boundary of the upstream channel near the area of 1340. Where can we expect a rebound and the continued growth in the price of GOLD with a target above the level of 1365. XAU/USD forecast & technical analysis March 27, 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 the price increase for GOLD…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At this point, we should expect an attempt to test the upper border of the channel near the level of 0.7310 and continue falling to the area below the level of 0.7120. NZD/USD forecast & technical analysis March 27, 2018 In favor of the fall of NZD/USD, a resistance line test will be performed on the relative strength index (RSI). The cancellation of the New Zealand Dollar forex quotation will result in a strong growth and a breakdown at the level of…
Currency pair Dollar Franc USD/CHF continues to move within the correction. At this point, we should expect an attempt to test the upper limit of the «Triangle» model near the level of 0.9470 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9370. USD/CHF forecast & technical analysis March 27, 2018 In favor of the fall of the pair DollarFranc will perform a trend line test on the indicator of relative strength index (RSI). Cancellation option falling pair USD/CHF Forex becomes strong rise, and the breakdown field of 0.9490, that will…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction. At the moment, we should expect a test of the resistance area near the level of 57.75 and continuation of 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». In favor of the fall of the pair USD/RUB, a trend line test will be performed on the indicator of relative strength. USD/RUB forecast & technical analysis March 27, 2018 Canceling the growth of the pair USD/RUB on Forex will be a…
Bitcoin BTC/USD are traded at 8385 and continue to move within the correction. At this point, we should expect an attempt to test the support area near the 8200 level. Again, we should expect a rebound and an attempt to continue Bitcoin growth with a target above the level of 9500. Bitcoin (BTC/USD) technical analysis on March 27, 2018 In favor of the growth of quotations BTC/USD will test the trend line on the indicator of relative strength index (RSI), as well as test the lower boundary of the bullish channel. The abolition of Bitcoin growth will be the fall…
Ethereum ETH/USD are traded at 514 and continue to move within a bearish trend. At this point, we should expect an attempt to test the upper bound of the «Triangle» model near area 530. Again, we expect a rebound and the continued decline in the Ethereum rate with a target below 470. Ethereum (ETH/USD) technical analysis on March 27, 2018 In favor of falling quotations ETH/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall option will be a strong growth and breakdown of the level of 550, which will indicate…
Bitcoin BTC/USD is closing the trading week near the area of 8544. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near 9000 is expected, from which it is expected to attempt a rebound and continue the development of the fall with a target below the level of 5500. Bitcoin (BTC/USD) forecast on March 26 — 30, 2018 An additional signal in favor of the drop will be a test of the upper boundary of the bearish channel, as…
Dash DSH/USD completes trading week near area 391. The cryptocurrency is trading below the lower boundary of 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 450 level is expected, from which it is expected to rebound and continue the development of the bearish trend with the target near the level of 170. Dash (DSH/USD) forecast on March 26 — 30, 2018 An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish…
Ethereum Classic ETC/USD completes the trading week near the area on 18.06. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of the Ichimoku Kinko Hyo signal lines is expected near the level of 22.00, from which it is expected to attempt a rebound and further fall of quotations with a target near the level of 11.50. Ethereum Classic forecast on March 26 — 30, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the…