Brent crude oil is trading at $ 64.81 a barrel. Brent oil is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Oil. Ichimoku Kinko Hyo Cloud is expected to test near the level of 65.00, from which one should expect a rebound attempt and continue the development of a bearish trend with a target to falling near the level of 62.00 dollars per barrel. Analysis & forecast Brent Oil on March 16, 2018 An additional signal in favor of the fall is the upper bound of the «Triangle» model. Earlier,…
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.
Currency pair GBP/JPY British Pound to Japanese Yen is trading at 148.46. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the pair of Pound Yen. The test area of Ichimoku Kinko Hyo signal lines near the level of 148.20 is expected, from which it is expected to attempt a rebound and further development of the bullish trend with the aim of growth near the level of 150.45. Pound Yen forecast GBP/JPY on March 16, 2018 An additional signal in favor of growth will be a test of…
Currency pair EUR/GBP Euro to British Pound is trading at 0.8853. The pair continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates a bearish trend in the pair Euro/Pound. Ichimoku Kinko Hyo Cloud is expected to test near the 0.8875 level, from which it is expected to attempt a rebound and further develop the bearish trend with the aim of falling near the level of 0.8780. Euro Pound forecast EUR/GBP on March 16, 2018 An additional signal in favor of the fall will be a test of the resistance area. Earlier, a weak signal…
Stock index DAX 30 is trading at 12250. DAX 30 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the DAX 30. The Ichimoku Kinko Hyo Cloud is expected to test near the 12150 level, from which it is expected to attempt a rebound and develop a bullish trend on the DAX 30 for the target of growth near the level of 12795. DAX 30 forecast & analysis on March 16, 2018 An additional signal in favor of the fall will test the level of support. Earlier, we received a weak signal…
The Dow Jones index is trading at 24755. Dow Jones is trading within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend on the Dow Jones. Ichimoku Kinko Hyo Cloud upper test is expected near the level of 24950, from which it is expected to attempt a rebound and further development of a bearish trend with a target to falling near the area of 24050. Dow Jones forecast & analysis on March 16, 2018 An additional signal in favor of the fall of the index is the test of the upper boundary of the bearish channel. Earlier, a weak…
Ripple XRP/USD traded at 0.63 and continue to move in the fall. At the moment, we should expect an attempt to test the resistance area near the level of 0.70 and continue the fall of the cryptocurrency in the area below 0.50. Ripple forecast & technical analysis on March 16, 2018 In favor of falling quotations XRP/USD will test the resistance line on the indicator of relative strength index (RSI). Cancellation of the variant of the fall will be a breakdown at the level of 0.75, which will indicate the breakdown of the upper boundary of the channel and the…
Ethereum ETH/USD are traded at 584 and continue to move within a bearish trend. At this point, we should expect a test of resistance level near the area of 625. Again, we expect a rebound and the continued decline in the Ethereum rate with a target below the level of 500. Ethereum forecast & technical analysis on March 16, 2018 In favor of falling quotations ETH/USD will test the resistance line on the indicator of relative strength index (RSI). The reversal of the fall variant will be a strong growth and a breakdown of the level of 670, which will…
Bitcoin BTC/USD are traded at the level of 7791 and continue to move within the bearish trend. At this point, you should expect a test of the resistance area near the level of 8200. Where again we should expect a rebound and an attempt to continue the fall of Bitcoin with a target below the level of 7000. Bitcoin forecast & technical analysis on March 16, 2018 In favor of falling quotes BTC/USD will test the trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin reduction option will result in a strong growth and…
Bitcoin BTC/USD is trading at 8542. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud near the area of 9000 is expected, from which it is expected to rebound and attempt to continue falling with the target at 7450 level. Bitcoin forecast & analysis BTC/USD on March 15, 2018 In favor of falling quotations of cryptocurrency will test the upper limit of the bearish channel, as well as the formation of the reversal model «Head and Shoulders». Earlier, a strong signal was received for the…
Dash DSH/USD is trading at 433. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Dash. Ichimoku Kinko Hyo Cloud is expected to test near the 455 level, from which it is expected to rebound and attempt to continue falling with a target at level 340. Dash forecast & analysis DSH/USD on March 15, 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 sell of Dash cryptocurrency, due to the crossing…