Currency pair USD/RUB US Dollar to Russian Ruble is trading at 55.96. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the pair US Dollar/Russian Ruble. Ichimoku Kinko Hyo signal line area test is expected near the level of 56.25, from which it is expected to rebound and continue the development of a downward trend with a target at 55.25. An additional signal in favor of the fall of the pair is the resistance level test. Russian Ruble forecast USD/RUB on February 28, 2018 Earlier, a weak signal was…
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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.
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 106.91. The pair is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Dollar/Yen pair. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 106.80 level, from which it is expected to attempt a rebound and continue falling of the pair with a target near the level of 104.95. An additional signal in favor of the fall of the pair is the test of the upper boundary of the bearish channel. Japanese Yen forecast USD/JPY on February 28, 2018 Earlier, a medium…
GOLD is trading at 1332. GOLD 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 the bearish trend for GOLD with a target to falling near the level of 1310. GOLD prices forecast XAU/USD on February 28, 2018 Earlier, a weak signal was obtained for the buy of GOLD, due to crossing of signal lines at 1335 level. Canceling the option of dropping GOLD quotes will be…
Brent crude oil is trading at $ 67.41 per barrel. Brent oil is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Oil. The test area of Ichimoku Kinko Hyo signal lines near the level of 66.50 is expected, from which it is expected to attempt a rebound and continue the development of the upward trend with the target of growth near the level of 69.50 dollars per barrel. An additional signal in favor of growth will be a test of the support level, as well as a test of the lower boundary…
The currency pair Euro Dollar EUR/USD continues to move within the framework of a bearish correction. At this point, we should expect a test of the support level near the area of 1.2280, where again we should expect a rebound and continue the growth of the euro/dollar with a target above 1.2530. In favor of the EUR/USD quotes growth, the trend line test will be performed on the indicator of relative strength index (RSI). EUR/USD forecast & technical analysis February 27, 2018 Cancellation of the variant of Euro/Dollar price growth will be a breakdown at the level of 1.2220, which…
Currency pair Pound Dollar GBP/USD continues to move within the correction. At this point, we should expect an attempt to test the lower limit of the «Triangle» model near the level of 1.3980, where again we should expect a rebound and the continued growth of the Pound/Dollar. The growth target for the GBP/USD pair is the area above the level of 1.4450. GBP/USD forecast & technical analysis February 27, 2018 In favor of the growth of the pair on FOREX will breakdown the line of the downtrend on the indicator of relative strength index (RSI). The cancellation of the growth…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction. At the moment, we should expect an attempt to test the resistance area near the level of 0.7895 and continue falling quotations in the area below the level of 0.7710. In favor of the fall of the AUD/USD pair, a resistance line test will be performed on the relative strength index (RSI), as well as a test of the upper boundary of the bearish channel. AUD/USD forecast & technical analysis February 27, 2018 The cancellation of the drop in the AUD/USD quotations will result in a…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the descending channel. At the moment, we should expect an attempt to test the resistance level near the 107.00 area and continue the fall of the pair into the area below the level of 105.40. USD/JPY forecast & technical analysis February 27, 2018 In favor of reducing the pair USD/JPY will make the formation of the reversal forex pattern «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the fall variant of the Dollar/Yen pair will result in a strong…
Quotes of BRENT crude oil continue to move within the correction. At this point, we should expect an attempt to test the level of resistance of the channel near the area of 67.50. Then continue the fall in the area below the level of 63.00. In favor of falling quotations and oil prices, BRENT will test the downward trend line on the indicator of relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal forex pattern. BRENT forecast & technical analysis February 27, 2018 The abolition of the fall in oil prices will be a…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction. At the moment, we should expect an attempt to test the resistance level near the area of 1.2660 and continue falling of the pair into the area below the level of 1.2400. In favor of falling quotes of the Canadian Dollar, a resistance line test will be performed on the indicator of relative strength index (RSI), as well as the formation of the bearish model «Wolfe Wave». USD/CAD forecast & technical analysis February 27, 2018 Cancellation of the USD/CAD fall in the forex market will be…