Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7313. 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 Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.7310 level, from which one should expect a rebound attempt and further growth with the target near the level of 0.7455. An additional signal in favor of the growth of the pair will test the level of support. New Zealand Dollar forecast NZD/USD on February 28, 2018 Earlier, a…
Author: forex24pro
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9376. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Dollar/Franc pair. Ichimoku Kinko Hyo Cloud is expected to test near the 0.9340 level, from which it is expected to attempt a rebound and continue the pair’s growth with the target close to the level of 0.9455. An additional signal in favor of the growth of the pair will test the level of support. Dollar Franc forecast USD/CHF on February 28, 2018 Earlier, a weak signal was…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2678. 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. The test area of the Ichimoku Kinko Hyo signal lines near the level of 1.2645 is expected, from which it is expected to attempt a rebound and continue growth with the target at 1.2850. Canadian Dollar forecast USD/CAD on February 28, 2018 An additional signal in favor of the growth of the pair will be a test of the support level, as well as…
Currency pair EUR/USD Euro to US Dollar is trading at 1.2312. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Euro/Dollar pair. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.2355 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 1.2160. An additional signal in favor of the fall of the pair is the resistance level test. Euro Dollar forecast EUR/USD on February 28, 2018 Earlier, a weak signal was received…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at 55.96. 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 signal line area test is expected near the level of 56.25, from which it is expected to rebound and continue the development of a downward trend with a target at 55.25. An additional signal in favor of the fall of the pair is the resistance level test. Russian Ruble forecast USD/RUB on February 28, 2018 Earlier, a weak signal was…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 106.91. The pair is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Dollar/Yen pair. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 106.80 level, from which it is expected to attempt a rebound and continue falling of the pair with a target near the level of 104.95. An additional signal in favor of the fall of the pair is the test of the upper boundary of the bearish channel. Japanese Yen forecast USD/JPY on February 28, 2018 Earlier, a medium…
GOLD is trading at 1332. GOLD is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in GOLD. Ichimoku Kinko Hyo Cloud is expected to test near the 1335 level, from which it is expected to rebound and continue the development of the bearish trend for GOLD with a target to falling near the level of 1310. GOLD prices forecast XAU/USD on February 28, 2018 Earlier, a weak signal was obtained for the buy of GOLD, due to crossing of signal lines at 1335 level. Canceling the option of dropping GOLD quotes will be…
Brent crude oil is trading at $ 67.41 per barrel. Brent oil is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Oil. The test area of Ichimoku Kinko Hyo signal lines near the level of 66.50 is expected, from which it is expected to attempt a rebound and continue the development of the upward trend with the target of growth near the level of 69.50 dollars per barrel. An additional signal in favor of growth will be a test of the support level, as well as a test of the lower boundary…
The currency pair Euro Dollar EUR/USD continues to move within the framework of a bearish correction. At this point, we should expect a test of the support level near the area of 1.2280, where again we should expect a rebound and continue the growth of the euro/dollar with a target above 1.2530. In favor of the EUR/USD quotes growth, the trend line test will be performed on the indicator of relative strength index (RSI). EUR/USD forecast & technical analysis February 27, 2018 Cancellation of the variant of Euro/Dollar price growth will be a breakdown at the level of 1.2220, which…
Currency pair Pound Dollar GBP/USD continues to move within the correction. At this point, we should expect an attempt to test the lower limit of the «Triangle» model near the level of 1.3980, where again we should expect a rebound and the continued growth of the Pound/Dollar. The growth target for the GBP/USD pair is the area above the level of 1.4450. GBP/USD forecast & technical analysis February 27, 2018 In favor of the growth of the pair on FOREX will breakdown the line of the downtrend on the indicator of relative strength index (RSI). The cancellation of the growth…