GOLD completes the trading week near the level of 1328. XAU/USD continues to trade above the upper boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bullish trend in GOLD. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 1320, from which it is expected to attempt a rebound and continue growth with the target near the level of 1385. An additional signal in favor of growth is the lower bound of the «Triangle» model. GOLD forecast XAU/USD on February 26 — March 2, 2018 Earlier, a strong signal was received…
Author: forex24pro
Brent crude Oil closes the trading week near the level of 67.17 dollars per barrel. Brent crude continues to trade 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 66.50, from which one should expect a rebound attempt and further development of the bullish trend in Oil with a target near the level of 72.50. Analysis & forecast Brent oil on February 26 — March 2, 2018 Earlier, a weak signal was received for the sell of Brent Oil, due to…
Bitcoin BTC/USD is trading at the level of 9317. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud near the 9700 level is expected to be tested near the level of 9700, from which we should expect a rebound and an attempt to continue falling with the target at 7500. Bitcoin forecast & analysis BTC/USD on February 26, 2018 Earlier we received a weak signal for sell of Bitcoin cryptocurrency due to the crossing of signal lines at the level of 10850. The cancellation of…
Dash DSH/USD is trading at the level of 550. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo signal line area test is near the 580 level, from which it is expected to rebound and attempt to continue falling with a target at 450. An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Dash forecast & analysis DSH/USD on February 26, 2018 Earlier, a weak signal was received for sell of…
Ethereum Classic ETC/USD is trading at the level of 30.90. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to be tested near the area of 32.00, from which it is expected to attempt a rebound and continue falling with the target near the level of 22.00. An additional signal in favor of the fall will be the test of the lower boundary of the bullish channel. Ethereum Classic forecast & analysis on February 26, 2018 Earlier, a medium strength…
Ethereum ETH/USD is traded at 811. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 840 level, from which we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 690. An additional signal in favor of the fall of the cryptocurrency will come from the upper bound of the «Triangle» model. Ethereum forecast & analysis ETH/USD on February 26, 2018 Earlier, a weak signal was received for the sell…
Litecoin LTC/USD is trading at 193. 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 level 205 is expected, from which it is expected to rebound and attempt to continue falling of LTC/USD for a level below 160. An additional signal in favor of the drop of the cryptocurrency will be a test of resistance level, as well as a test of the lower boundary of the bullish channel. Litecoin forecast & analysis LTC/USD on February 26, 2018 Earlier, a medium…
Monero XMR/USD is trading at 258. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. Ichimoku Kinko Hyo Cloud near the level 265 is expected to be tested near the level of 265, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at the level of 195. An additional signal in favor of the drop will be a resistance level test. Monero forecast & analysis XMR/USD on February 26, 2018 Earlier, a weak signal was received for sell…
Ripple XRP/USD is trading at 0.86. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of Ichimoku Kinko Hyo signal lines near the 0.90 level is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.65. 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 February 26, 2018 Earlier, we received a weak signal…
Zcash ZEC/USD is trading at the level of 354. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo signal line area test is near the level 365, from which it is expected to rebound and attempt to continue falling with a target below the level of 290. An additional signal in favor of the drop of the cryptocurrency will be the test of the upper boundary of the bearish channel. Zcash forecast & analysis ZEC/USD on February 26, 2018 Earlier, a weak signal was received for…