GOLD XAU/USD close the trading week near the area of 1319. Quotes continue to move within the correction. At the moment, we should expect a test of the support level near the area of 1300 and the continuation of growth above the level of 1365. XAU/USD weekly forecast on March 19 — 23, 2018 In favor of the growth of quotations and prices for Gold will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of growth of XAU/USD quotations will be the fall and breakdown of the 1290 area,…
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 the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7252. The pair continues to move within the framework of the formation of the «Triangle» model. At the moment, we should expect a test of the resistance area near the level of 0.7300 and continuation of the fall of the pair below the level of 0.7000. NZD/USD weekly forecast on March 19 — 23, 2018 In favor of the fall of NZD/USD, a trend line test will be performed on the indicator of relative strength index (RSI). Cancellation of the fall variant…
Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9491. At this point, we should expect an attempt to test the resistance area near the level of 0.9540 and continue the fall of the pair with a target below 0.9150. USD/CHF weekly forecast on March 19 — 23, 2018 In favor of the fall of the Dollar/Franc pair, a breakdown of the trend line on the relative strength indicator will appear, as well as the formation of the bearish model «Wolfe Wave». The cancellation of the USD/CHF decline option will result in a strong growth and…
Bitcoin BTC/USD is trading at 8094. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud cloud test is expected near the area of 8800, 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 17, 2018 In favor of falling quotations of cryptocurrency will test the upper limit of the bearish channel, as well as a test of the resistance level. Earlier, a strong signal was received for the sell…
Dash DSH/USD is trading at the level of 380. 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 level 420 is expected, from which it is expected to rebound and attempt to continue falling with a target at level 280. Dash forecast & analysis DSH/USD on March 17, 2018 An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Earlier, a strong signal was received for…
Ethereum Classic ETC/USD is trading at the level of 14.29. 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 Ichimoku Kinko Hyo signal lines near the area of 15.50 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 7.50. Ethereum Classic forecast & analysis on March 17, 2018 An additional signal in favor of the drop will be a test of the resistance level, as well as a test of…
Ethereum ETH/USD is traded at 588. The cryptocurrency is trading 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 the level of 630 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 485 level. Ethereum forecast & analysis ETH/USD on March 17, 2018 An additional signal in favor of the fall of the cryptocurrency will come from the lower channel test, as well as the resistance level test.…
Litecoin LTC/USD is trading at the level of 148. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The test area of the Ichimoku Kinko Hyo signal lines near level 155 is expected, from which we should expect a rebound and an attempt to continue the LTC/USD fall below 120. Litecoin forecast & analysis LTC/USD on March 17, 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 boundary of the…
Monero XMR/USD is trading at 198 level. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Monero. The test area of the Ichimoku Kinko Hyo signal lines near the level 235 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 145. Monero forecast & analysis XMR/USD on March 17, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the channel,…
Ripple XRP/USD is trading at 0.65. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.70 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target near 0.50. Ripple forecast & analysis XRP/USD on March 17, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the channel, as well as a test…