Litecoin LTC/USD are traded at the level of 184 and continue to move within a bearish trend. At this point, we should expect a test of the resistance level near area 190. Again, we should expect a rebound and the continued decline in the Litecoin exchange rate with a target below the level of 165. In favor of the drop in LTC/USD quotations, a resistance line test will be performed on the relative strength index (RSI). Litecoin forecast & technical analysis on March 9, 2018 The abolition of the fall option will be a strong growth and breakdown of the…
Author: forex24pro
Brent crude oil is trading at $ 64.58 per 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 64.65, from which it is expected to attempt a rebound and continue the development of a bearish trend with a target to falling near the level of 62.15 dollars per barrel. Analysis & forecast Brent Oil on March 9, 2018 An additional signal in favor of the fall will be a test of the resistance area.…
GOLD is trading at 1324. XAU/USD is traded within the Ichimoku Kinko Hyo Cloud, which indicates a lateral trend over GOLD. Ichimoku Kinko Hyo Cloud near the 1320 level is expected to be tested near the level of 1320, from which it is expected to rebound and continue the development of the bullish trend in GOLD for the target of growth near the level of 1355. GOLD prices forecast XAU/USD on March 9, 2018 An additional signal in favor of XAU/USD growth will be a test of the support level, as well as the formation of the «Head and Shoulders»…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 106.06. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Yen pair. Ichimoku Kinko Hyo signal line area test is near the level of 106.15, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 104.75. Japanese Yen forecast USD/JPY on March 9, 2018 An additional signal in favor of reducing the pair will be a test of the resistance level, as well as a test…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.78. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the pair US Dollar/Russian Ruble. Ichimoku Kinko Hyo Cloud is expected to test near the level of 56.80, from which it is expected to rebound and continue the development of a bearish trend with a target at 55.55. Russian Ruble forecast USD/RUB on March 9, 2018 An additional signal in favor of the fall of the pair is the resistance level test. Earlier, we received a weak signal…
Currency pair EUR/USD Euro to US Dollar is trading at 1.2411. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Euro/Dollar pair. Ichimoku Kinko Hyo Cloud is expected to test near the 1.2365 level, from which it is expected to attempt a rebound and continue growth with the target near the level of 1.2530. Euro Dollar forecast EUR/USD on March 9, 2018 An additional signal in favor of the growth of the pair will test the level of support. Earlier, we received a weak signal for buy…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2896. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the pair US Dollar/Canadian Dollar. Ichimoku Kinko Hyo Cloud upper test is expected near the level of 1.2830, from which it is expected to attempt a rebound and continue growth with a target at 1.3080. Canadian Dollar forecast USD/CAD on March 9, 2018 An additional signal in favor of the growth of the pair will test the level of support. Previously, a strong signal was received for buy of…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9430. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Dollar/Franc pair. The test area is expected to be 0.9460, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9275. Dollar Franc forecast USD/CHF on March 9, 2018 An additional signal in favor of the fall of the pair will be a test of the resistance area, as well as the formation of the…
Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7287. The pair continues to trade within the Cloud of Ichimoku Kinko Hyo, which indicates the presence of a flat trend for the pair New Zealand Dollar/US Dollar. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.7260 is expected, from which it is expected to attempt a rebound and further growth with the target near the level of 0.7390. New Zealand Dollar forecast NZD/USD on March 9, 2018 An additional signal in favor of the growth of the pair will test the level of…
Currency pair Pound Dollar GBP/USD is trading at the level of 1.3904. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the Pound/Dollar pair. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 1.3890, from which it is expected to attempt a rebound and continue the growth of the pair with the target near the level of 1.4060. Pound Dollar forecast GBP/USD on March 9, 2018 An additional signal in favor of the growth of the pair will be a test of the support…