Zcash ZEC/USD is trading at the level of 362. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the level 370 is expected to be tested near the level of 370, from which one should expect a rebound and attempt to continue the fall with a target below the level of 305. An additional signal in favor of the drop of the cryptocurrency will come from the upper bound of the «Triangle» model. Zcash forecast & analysis ZEC/USD on March 5, 2018 Earlier,…
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.
Bitcoin Cash BCH/USD is traded at the level of 1244. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Bitcoin Cash. It is expected to test the resistance area near the level of 1300, from which it is expected to attempt a rebound and continue falling with a target below the level of 1000. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Bitcoin Cash forecast & analysis on March 5, 2018 Earlier, a weak signal was received for buy of Bitcoin…
NEO NEO/USD is trading at 124.10. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in NEO. Ichimoku Kinko Hyo Cloud is expected to test near the 127.00 level, from which it is expected to rebound and attempt to continue falling with the target near the level of 100.00. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, we received a weak signal for sell of NEO cryptocurrency, due to the crossing of signal lines at 130.00. NEO forecast & analysis NEO/USD…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.2317 and continues to move within the bullish channel. At the moment, we should expect an attempt to test the support area near the level of 1.2150 and continue growth in the area above 1.2790. EUR/USD weekly forecast on March 5 — 9, 2018 In favor of the EUR/USD growth, the test line will be supported on the indicator of relative strength index (RSI). The cancellation of the growth of the pair’s quotations in the current trading week will be a drop and breakdown at the level…
Quotes of BRENT crude oil close the trading week near the area of $ 64.25 per barrel. It is worth waiting for an attempt to test the resistance area near the level of 65.50 and the continuation of the fall of oil in the area below $ 57.50 per barrel. An additional signal in favor of falling oil quotes will be a test of the resistance line on the indicator of relative strength index (RSI). BRENT crude oil forecast on March 5 — 9, 2018 The cancellation of the variant of falling quotes and prices for BRENT oil in the…
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3768. The pair continues to move within the bullish channel. At this point, we should expect an attempt to test the support area near the level of 1.3650 and continue the growth of quotations in the area above the level of 1.4750. GBP/USD weekly forecast on March 5 — 9, 2018 In favor of the growth of the British Pound, a trend line test will be performed on the relative strength index (RSI), as well as a test of the lower boundary of the bullish channel. Cancellation…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 57.15 Rubles per US Dollar. The pair continues to move within the bearish channel. At the moment, we should expect a resistance level test near the area of 58.20 and the continuation of the fall of the pair below the level of 55.80. In favor of the fall of the Dollar/Ruble pair is the resistance area test on the relative strength index (RSI). USD/RUB weekly forecast on March 5 — 9, 2018 The abolition of the continuation of the fall of the Dollar/Ruble pair…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7750. The pair continues to move within the bullish channel. At this point, we should expect a test of the support level test near the area of 0.7680 and the continuation of growth with a target above 0.8050. AUD/USD weekly forecast on March 5 — 9, 2018 In favor of the growth of the pair is the test of the bearish trend line on the indicator of relative strength index (RSI). Cancellation of the AUD/USD growth option will be a drop and a breakdown at…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2907. At the moment, we should expect an attempt of a resistance level near the 1.3040 area and the continuation of the fall of quotations with a target below the level of 1.2350, within the beginning of the development of the bearish model «Wolfe Wave». USD/CAD weekly forecast on March 5 — 9, 2018 In favor of the fall of the pair, a trend line test will be performed on the indicator of relative strength index (RSI). The abolition of the continuation of the…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 105.46. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the 107.80 area and continue the fall of the pair into the area below the level of 100.10. USD/JPY weekly forecast on March 5 — 9, 2018 In favor of the fall of the pair, the Dollar/Yen will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall of the pair USD/JPY on the current trading…