Ethereum ETH/USD completes the trading week near area 823. The cryptocurrency is traded below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. Ichimoku Kinko Hyo signal line area test is near the level of 860, from which it is expected to attempt a rebound and continue falling of the cryptocurrency with the target at the level of 520. An additional signal in favor of the drop of the cryptocurrency will come from the upper channel test, as well as the resistance level test. Ethereum (ETH/USD) forecast February 26 — March…
Author: forex24pro
Litecoin LTC/USD completes trading week near area 204. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. Ichimoku Kinko Hyo Cloud near the 175 level is expected to be tested near the level of 175, from which one should expect a rebound and an attempt to continue LTC/USD growth with a target above the level of 280. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Litecoin (LTC/USD) forecast February 26 — March 2, 2018 Earlier, a weak signal…
Monero XMR/USD completes trading week near area 262. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Monero. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 290, from which it is expected to rebound and continue the development of the downward trend with a target near the level of 175. Monero (XMR/USD) forecast February 26 — March 2, 2018 An additional signal in favor of the drop of the cryptocurrency will be the channel test, and the resistance level test. Earlier,…
Ripple XRP/USD completes the trading week near the area of 0.86. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of the Ichimoku Kinko Hyo signal lines near the level of 0.95 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.50 level. An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel. Ripple (XRP/USD) forecast February 26…
Zcash ZEC/USD is closing the trading week near the 353 area. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the 380 level is expected to be tested near the level of 380, from which it is expected to rebound and continue the development of the bearish trend in cryptocurrency with the aim near the level of 255. An additional signal in favor of the drop of the cryptocurrency will be the test of the upper boundary of the bearish channel. Zcash (ZEC/USD) forecast…
Bitcoin Cash BCH/USD is completing the trading week near the 1146 area. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. In the current trading week, the Ichimoku Kinko Hyo signal line area is expected to be tested near 1250, from which it is expected to attempt a rebound and continue to develop a bearish trend with a target below the level of 350. An additional signal in favor of the drop of the cryptocurrency will come from the upper boundary test of the bearish channel. Bitcoin Cash…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the level of 0.7833. The pair is trading within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Australian Dollar/US Dollar. Ichimoku Kinko Hyo Cloud near the level of 0.7810 is expected to test the bottom of the cloud, from which it is expected to attempt a rebound and continue growth with the target near the level of 0.7990. An additional signal in favor of growth will test the level of support. FOREX forecast AUD/USD on February 26 — March 2, 2018 Earlier, a weak signal…
Currency pair Pound Dollar GBP/USD closes the trading week near the level of 1.3965. 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 1.3830, from which it is expected to attempt a rebound and further development of the bullish trend for GBP/USD with a target to growth near the level of 1.4520. Pound Dollar forecast GBP/USD on February 26 — March 2, 2018 Earlier, a weak signal was received for the sell…
Currency pair New Zealand Dollar to US Dollar NZD/USD is closing the trading week near the level of 0.7289. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the pair New Zealand Dollar/US Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.7260, from which it is expected to attempt a rebound and further growth with a target near the level of 0.7550. Analysis & forecast NZD/USD on February 26 — March 2, 2018 An additional signal in favor of the growth of…
Currency pair US Dollar to Swiss Franc USD/CHF completes trading week near the level of 0.9366. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Franc pair. Ichimoku Kinko Hyo signal line area test is expected near the level of 0.9410, from which it is expected to attempt a rebound and further fall with the target near the 0.9050 level. An additional signal in favor of the fall of the pair will be a test of the resistance level, as well as a test of the upper boundary…