GOLD is trading at 1318. XAU/USD is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in GOLD. Ichimoku Kinko Hyo signal line area test is near the level of 1325, 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 1295. In favor of the drop, a resistance level test will perform. GOLD prices forecast XAU/USD on February 12, 2018 Previously, a strong signal was received for the sell of GOLD, due to the crossing of the…
Author: forex24pro
Brent crude oil is trading at $ 64.56 a barrel. Brent oil is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Oil. The test area of the Ichimoku Kinko Hyo signal lines near the level 66.10 is expected, from which it is expected to attempt a rebound and continue the development of a bearish trend with a target to falling near the level of 63.70 dollars per barrel. An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Analysis &…
Bitcoin BTC/USD is trading at 8269. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 8700 level, from which one should expect a rebound and an attempt to continue falling with the target at 6100. An additional signal in favor of the drop will be a resistance level test, as well as a test of the upper boundary of the bearish channel. Bitcoin forecast & analysis BTC/USD on February 9, 2018 Earlier, a weak signal was received…
Dash DSH/USD is trading at 542. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Dash. Ichimoku Kinko Hyo’s lower bound is expected near the level of 560, from which it is expected to rebound and attempt to continue falling with a target at 410. An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel, as well as the resistance level test. Dash forecast & analysis DSH/USD on February 9, 2018 Earlier, a strong signal was received for buy of…
Ethereum Classic ETC/USD is trading at the level of 16.96. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The Ichimoku Kinko Hyo lower border test is expected near the area of 19.50, from which it is expected to attempt a rebound and continue falling with the target near the level of 9.50. An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the channel, as well as a test of the resistance level. Ethereum Classic…
Ethereum ETH/USD is trading at 779. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud near the 840 level is expected to be tested near the level of 840, from which we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at the level of 520. 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 upper boundary of the bearish channel.…
Litecoin LTC/USD is trading at level 130. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. Ichimoku Kinko Hyo Cloud near the 140 level is expected to be tested near the level of 140, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below the level of 80. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Litecoin forecast & analysis LTC/USD on February 9, 2018 Earlier, a strong signal was received…
Monero XMR/USD is trading at the level of 230. The cryptocurrency is traded below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Monero. Ichimoku Kinko Hyo Cloud near the level 235 is expected to be tested near the level of 235, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 140. An additional signal in favor of the drop will be a resistance level test, as well as a test of the upper boundary of the bearish channel. Monero…
Ripple XRP/USD is trading at the level of 0.72. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The lower limit of Ichimoku Kinko Hyo is expected near the level of 0.80, where we expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.45. An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel. Ripple forecast & analysis XRP/USD on February 9, 2018 Earlier, a strong signal…
Zcash ZEC/USD is trading at 371. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to be tested near the 350 level, from which we should expect a rebound and an attempt to continue growth with a target above 475. An additional signal in favor of the growth of the cryptocurrency will be a breakdown of the upper boundary of the bearish channel. Zcash forecast & analysis ZEC/USD on February 9, 2018 Earlier, a weak signal was received for buy of Zcash…