Currency pair USD/JPY US Dollar to Japanese Yen is trading at 106.68. 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 Cloud is expected to test near the 106.80 level, from which it is worth to expect a rebound attempt and continue falling of the pair with a target near the level of 104.85. Japanese Yen forecast USD/JPY on February 26, 2018 Earlier, we received a weak signal for buy of the Dollar/Yen pair, due to the crossing of the signal lines at the…
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 1331. XAU/USD 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 a bearish trend in GOLD for a fall near the 1300 level. An additional signal in favor of the fall of the pair is the resistance level test. GOLD prices forecast XAU/USD on February 26, 2018 Earlier, a weak signal was received for the sell of Gold, due to the crossing of…
Brent crude oil is trading at 66.10 dollars per barrel. Brent oil is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Oil. Ichimoku Kinko Hyo Cloud is expected to test near the level of 65.25, from which it is expected to attempt a rebound and continue the development of an upward trend with the target of rising near the level of 68.50 dollars per barrel. An additional signal in favor of growth will test the level of support. Analysis & forecast Brent Oil on February 26, 2018 Earlier,…
Currency pair GBP/JPY British Pound to Japanese Yen is trading at 148.81. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the pair of Pound/Yen. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 149.10 level, from which it is expected to attempt a rebound and further develop the bearish trend with a target to falling near the level of 146.30. Pound Yen forecast GBP/JPY on February 26, 2018 Earlier, a medium strength signal was received for the sell of the Pound/Yen pair, due to…
Bitcoin BTC/USD is trading at 9827. Cryptocurrency continues to move within a downtrend. At the moment, we expect Bitcoin correction to the resistance area at 10250. Further, the rebound and the continuation of the BTC/USD fall below 9000. A strong test for the drop of the cryptocurrency will be the test of level 80 on the Stochastic indicator. Bitcoin (BTC/USD) forecast on February 24, 2018 The cancellation of the Bitcoin drop option will be a breakdown of the upper moving average level and a close above 10600, which will indicate the continued growth of the cryptocurrency and the likely change…
Bitcoin BTC/USD is trading at 9770. 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 10400 level, from which one should expect a rebound and an attempt to continue falling with the target at 8250. An additional signal in favor of the drop will be a resistance level test. Bitcoin forecast & analysis BTC/USD on February 23, 2018 Earlier, a weak signal was received for the sell of Bitcoin cryptocurrency, due to the crossing of signal lines at the level…
Dash DSH/USD is trading at the level of 571. The cryptocurrency is traded below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. The Ichimoku Kinko Hyo signal line area test is expected near the 625 level, from which it is expected to rebound and attempt to continue falling with a target at level 460. Dash forecast & analysis DSH/USD on February 23, 2018 An additional signal in favor of the drop is the resistance level test. Earlier, a weak signal was received for sell of Dash cryptocurrency, due to the…
Ethereum Classic ETC/USD is traded at the level of 28.09. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud upper test is expected near the area at 31.00, from where it will be expected to attempt a rebound and continue falling with a target near the level of 19.60. An additional signal in favor of the fall is the resistance level test. Ethereum Classic forecast & analysis on February 23, 2018 Earlier, a weak signal was received for sell of the Ethereum…
Ethereum ETH/USD is traded at the level of 790. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test near the 845 level, from which one should expect a rebound and an attempt to continue falling of the cryptocurrency with a target at 655. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Ethereum forecast & analysis ETH/USD on February 23, 2018 Earlier, a weak signal was received for the…
Litecoin LTC/USD is trading at 181. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. Ichimoku Kinko Hyo signal line area test near the 200 level is expected, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below the level of 125. An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance level, as well as a test of the lower boundary of the bullish channel. Litecoin forecast & analysis LTC/USD on…