Currency pair EUR/USD Euro to US Dollar is trading at 1.2275. The pair continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for the pair Euro/Dollar. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.2345 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 1.2105. An additional signal in favor of the fall of the pair is the resistance level test. Euro Dollar forecast EUR/USD on February 9, 2018 Earlier, a…
Author: forex24pro
Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.17. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair US Dollar/Russian Ruble. Ichimoku Kinko Hyo Cloud is expected to test near the level of 56.80, from which it is expected to rebound and continue the development of the bullish trend with a target at 58.45. An additional signal in favor of the growth of the pair will test the level of support. Russian Ruble forecast USD/RUB on February 9, 2018 Earlier, we…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 109.43. 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 Test is expected near the level of 109.55, from which it is expected to attempt a rebound and continue falling of the pair with a target near the level of 107.75. Japanese Yen forecast USD/JPY on February 9, 2018 Earlier, a medium strength signal was received for the sell of the Dollar/Yen pair, due to the crossing of the signal lines at 109.30. The…
GOLD is trading at 1314. 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 9, 2018 Previously, a strong signal was received for the sell of GOLD, due to the crossing of the…
Brent crude oil is trading at 65.74 dollars per 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 is expected near the level of 66.60, from which one should expect a rebound attempt 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 a test of the lower 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. Ichimoku Kinko Hyo Cloud near the 8600 level is expected to be tested near the level of 8600, from which we 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 test of the resistance level, as well as a test of the upper boundary of the bearish channel. Bitcoin forecast & analysis BTC/USD on February 8, 2018 Earlier,…
Dash DSH/USD is trading at 536. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo’s lower bound is expected near the level of 565, from which we expect a rebound and an attempt to continue the fall with a target at 320. An additional signal in favor of the fall will be a test of the upper boundary of the bearish channel, as well as a resistance level test. Dash forecast & analysis DSH/USD on February 8, 2018 Earlier, a strong signal was…
Ethereum Classic ETC/USD is trading at the level of 16.76. 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 18.50, 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 819. The cryptocurrency is trading 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 crypto currency with a target at the level of 520. Ethereum forecast & analysis ETH/USD on February 8, 2018 An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance level, as well as…
Litecoin LTC/USD is trading at level 147. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 150 level, from which one should expect a rebound and an attempt to continue falling LTC/USD with a target below 95. Litecoin forecast & analysis LTC/USD on February 8, 2018 An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Earlier, a strong signal was received for sell of Litecoin cryptocurrency, due to the…