Currency pair Pound Dollar GBP/USD is trading at 1.3951. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Pound/Dollar pair. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.4030 is expected, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 1.3740. An additional signal in favor of the fall of the pair is the resistance level test. Pound Dollar forecast GBP/USD on February 8, 2018 Earlier, a weak signal was…
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.
Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7296. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the New Zealand Dollar/US Dollar pair. Ichimoku Kinko Hyo Cloud near the level 0.7330 is expected to test the bottom of the cloud, from which it is expected to attempt a rebound and further fall with the target near the level of 0.7200. An additional signal in favor of the growth of the pair is the lower bound of the «Triangle» model. New Zealand Dollar forecast NZD/USD on…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9365. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Franc pair. Ichimoku Kinko Hyo Cloud is expected to test near the 0.9370 level, from which it is expected to attempt a rebound and continue the fall of the pair with the target close to the level of 0.9150. Dollar Franc forecast USD/CHF on February 8, 2018 An additional signal in favor of the fall of the pair is the resistance level test. Earlier, a weak signal was…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2526. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the pair US Dollar/Canadian Dollar. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.2485 is expected, from which it is expected to attempt a rebound and continue growth with the target at 1.2635. An additional signal in favor of the fall of the pair will test the level of support. Canadian Dollar forecast USD/CAD on February 8, 2018 Earlier, a weak signal was received…
Currency pair EUR/USD Euro to US Dollar is trading at 1.2379. The pair continues to trade within the Cloud of Ichimoku Kinko Hyo, which indicates the presence of a flat trend for the pair Euro/Dollar. The Ichimoku Kinko Hyo Cloud lower limit test is expected near 1.2355, from which it is expected to attempt a rebound and continue growth with the target near the level of 1.2640. An additional signal in favor of the growth of the pair will test the level of support. Euro Dollar forecast EUR/USD on February 8, 2018 Earlier, a weak signal was received for the…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.09. 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 56.85, from which it is expected to rebound and continue the development of the bullish trend with a target at 58.05. Russian Ruble forecast USD/RUB on February 8, 2018 Earlier, we received a weak signal for buy of the US Dollar/Russian Ruble, due to the crossing of signal…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 109.45. The pair is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Dollar/Yen pair. The Ichimoku Kinko Hyo Cloud Upgrade Test is expected near the level of 109.65, 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 8, 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 1320. XAU/USD is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in GOLD. Ichimoku Kinko Hyo Cloud near the level 1325 is expected to be tested near the level of 1325, from which it is expected to rebound and continue the development of a bearish trend in GOLD with a view to falling near the level of 1300. In favor of the fall is the formation of the reversal model «Head and Shoulders». GOLD prices forecast XAU/USD on February 8, 2018 Previously, a strong signal was received for the…
Brent crude oil is trading at $ 67.16 per barrel. Brent oil is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Oil. Ichimoku Kinko Hyo signal line area test is near the level of 67.85, 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 65.50 dollars per barrel. An additional signal in favor of the fall of the pair is the resistance level test. Analysis & forecast Brent Oil on February 8, 2018…
Bitcoin BTC/USD is trading at 6927. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo signal line area test near the 7600 level is expected, from which it is expected to rebound and attempt to continue falling with the target at 4800. 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 descending channel. Bitcoin forecast & analysis BTC/USD on February 7, 2018 Earlier, a weak signal was received for the…