Currency pair USD/JPY US Dollar to Japanese Yen is trading at 105.58. 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 105.85, from which it is expected to attempt a rebound and continue falling of the pair with a target near the level of 104.00. Japanese Yen forecast USD/JPY on March 6, 2018 An additional signal in favor of the pair’s decline is the resistance level test. Earlier, the signal was a strong signal for…
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.
GOLD is trading at 1326. XAU/USD is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in GOLD. Ichimoku Kinko Hyo Cloud near the 1328 level is expected to be near the level of 1328, from which it is expected to rebound and continue the development of a bearish trend in GOLD with a target to falling near the level of 1305. GOLD prices forecast XAU/USD on March 6, 2018 An additional signal in favor of the fall of XAU/USD will be the test of resistance level test. Earlier, a strong signal was received…
Brent crude oil is trading at $ 64.72 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 61.70 dollars per barrel. Analysis & forecast Brent Oil on March 6, 2018 An additional signal in favor of the fall will be a test of the resistance area. Earlier,…
Bitcoin BTC/USD is trading at 10975. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend on Bitcoin. Ichimoku Kinko Hyo is expected to test the upper boundary of the Cloud, from which one should expect a rebound and an attempt to continue growth with the target at the level of 12350. In favor of lowering the quotations of the cryptocurrency is the formation of the «Wedge» model. Bitcoin forecast & analysis BTC/USD on March 5, 2018 Earlier, a weak signal was received for buy of Bitcoin cryptocurrency, due to the crossing…
Dash DSH/USD is trading at the level of 575. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 580, from which it is expected to rebound and attempt to continue falling with a target at 510. An additional signal in favor of the fall is the test of the upper bound of the «Triangle» model. Dash forecast & analysis DSH/USD on March 5, 2018 Earlier, a strong signal was received for sell of…
Ethereum Classic ETC/USD is trading at the level of 25.89. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near the area of 26.50 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 19.50. An additional signal in favor of the fall is the resistance level test. Ethereum Classic forecast & analysis on March 5, 2018 Earlier, a medium strength signal was received for sell…
Ethereum ETH/USD is traded at 837. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud near the 850 level is expected to be tested near the level of 850, where we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 760. An additional signal in favor of the drop of the cryptocurrency will be a test of the «Neckline» of the reversal «Head and Shoulders» model. Ethereum forecast & analysis ETH/USD on March 5, 2018 Earlier, a medium strength signal…
Litecoin LTC/USD is trading at the level of 195. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in 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 the LTC/USD fall with the goal below the level of 165. An additional signal in favor of the drop of the cryptocurrency will be the upper bound of the «Triangle» model. Litecoin forecast & analysis LTC/USD on March 5, 2018 Earlier, weak…
Monero XMR/USD is trading at 339. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Monero. The Ichimoku Kinko Hyo signal line area test is expected near the 320 level, from which one should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 390. An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the channel and a test of the support level. Monero forecast & analysis XMR/USD on March 5, 2018…
Ripple XRP/USD is trading at 0.89. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud lower limit test is expected near 0.90, where we expect a rebound and an attempt to continue falling of the cryptocurrency with the target close to 0.75. An additional signal in favor of the fall of the cryptocurrency will be the upper bound of the «Triangle» model. Ripple forecast & analysis XRP/USD on March 5, 2018 Earlier, a strong signal was received for sell of Ripple cryptocurrency, due to the…