GOLD is trading at 1314. XAU/USD is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in GOLD. Ichimoku Kinko Hyo signal line area test is near the 1320 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 1300. An additional signal in favor of the fall of XAU/USD will be the test of the lower border of the channel. GOLD prices forecast XAU/USD on March 2, 2018 Earlier, a strong signal was received for the…
Author: forex24pro
Brent crude oil is trading at $ 64.82 a barrel. Brent oil is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Oil. Ichimoku Kinko Hyo Cloud is expected to test near the level of 65.65, 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 62.00 dollars per barrel. An additional signal in favor of the fall is the resistance level test. Analysis & forecast Brent Oil on March 2, 2018 Earlier, a weak signal was…
Bitcoin BTC/USD is trading at 10334. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for Bitcoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 10500 level, from which it is expected to rebound and attempt to continue falling with the target at 8700. An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Earlier, a weak signal was received for buy of Bitcoin cryptocurrency, due to the crossing of signal lines at 9800 level. Bitcoin forecast & analysis BTC/USD…
Dash DSH/USD is trading at 567. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Dash. Ichimoku Kinko Hyo signal line area test is near the 585 level, from which it is expected to rebound and attempt to continue falling with the target at level 470. An additional signal in favor of the fall will be the test of the upper bound of the «Triangle» model. Dash forecast & analysis DSH/USD on March 1, 2018 Earlier, a weak signal was received for buy of Dash cryptocurrency, due to the crossing…
Ethereum Classic ETC/USD is traded at the level of 31.05. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. A test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the area of 31.50, from where one should expect a rebound attempt and continue falling with the target near the level of 23.00. Ethereum Classic forecast & analysis on March 1, 2018 Earlier, a medium strength signal was received for buy of the Ethereum Classic cryptocurrency, by crossing the signal lines at…
Ethereum ETH/USD is trading at 851. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 870 level, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 725. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Ethereum forecast & analysis ETH/USD on March 1, 2018 Earlier, a weak signal was received for buy of the Ethereum cryptocurrency, due to the crossing…
Litecoin LTC/USD is trading at 197 level. 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 200 level is expected to be tested near the 200 level, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below the level of 170. An additional signal in favor of the drop of the cryptocurrency will be the test of the upper boundary of the bearish channel. Litecoin forecast & analysis LTC/USD on March 1, 2018 Earlier,…
Monero XMR/USD is trading at 282. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat Monero trend. The Ichimoku Kinko Hyo Cloud upper limit test is expected near level 290, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 240. An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Monero forecast & analysis XMR/USD on March 1, 2018 Earlier, a weak signal was received for buy of Monero cryptocurrency,…
Ripple XRP/USD is trading at 0.87. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud low limit test is expected near the 0.90 level, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.70. An additional signal in favor of the fall of the cryptocurrency will come from the upper bound of the «Triangle» model. Ripple forecast & analysis XRP/USD on March 1, 2018 Earlier, a weak signal was received for buy…
Zcash ZEC/USD is trading at the level of 359. 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 level 365 is expected to be tested near the level of 365, from which one should expect a rebound and an attempt to continue falling with a target below the level of 300. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Zcash forecast & analysis ZEC/USD on March 1, 2018 Earlier, we received a weak signal…