Currency pair Pound Dollar GBP/USD is trading at 1.4264. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the Pound/Dollar pair. Ichimoku Kinko Hyo Cloud is expected to test near the 1.4215 level, from which it is expected to attempt a rebound and continue the growth of the pair with the target near the level of 1.4650. An additional signal in favor of the growth of the pair will be a test of the lower boundary of the bullish channel. Pound Dollar forecast GBP/USD on February 5, 2018 Previously,…
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 0.7390. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is a bullish trend in the pair New Zealand Dollar US Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.7365 level, from which it is expected to attempt a rebound and further growth with a target near the level of 0.7515. An additional signal in favor of the growth of the pair is a rebound from the level of support. New Zealand Dollar forecast…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9267. 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 signal line area test is near the level of 0.9310, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9125. An additional signal in favor of the fall of the pair is the test of the upper boundary of the bearish channel. Dollar Franc forecast USD/CHF on February 5, 2018…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2265. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the pair US Dollar/Canadian Dollar. Ichimoku Kinko Hyo signal line area test is near the level 1.2295, from which it is expected to attempt a rebound and continue falling with the target at 1.2165. Canadian Dollar forecast USD/CAD on February 5, 2018 Previously, a strong signal was received for the sell of the pair US Dollar/Canadian Dollar, due to the crossing of signal lines at 1.2325.The cancellation of the…
Currency pair EUR/USD Euro to US Dollar is trading at 1.2513. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the Euro/Dollar pair. 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 near the level of 1.2720. An additional signal in favor of the growth of the pair is the upper bound of the «Triangle» model. Euro Dollar forecast EUR/USD on February 5, 2018 Earlier, a strong…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.08. 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 Cloud is expected to test near the level 56.45, from which it is expected to rebound and continue the development of the bearish trend with a target at 54.90. Russian Ruble forecast USD/RUB on February 5, 2018 Earlier, we received a weak signal for buy of the US Dollar/Russian Ruble, due to the crossing of signal lines at 56.15. The…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 109.34. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Yen pair. Ichimoku Kinko Hyo Cloud is expected to test near the 109.45 level, from which it is expected to attempt a rebound and continue falling of the pair with a target near the level of 107.50. An additional signal in favor of the fall of the Dollar/Yen pair will be the test of the upper boundary of the bearish channel. Japanese Yen forecast USD/JPY on February 5,…
GOLD is trading at 1348. XAU/USD is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend over GOLD. Ichimoku Kinko Hyo Cloud is expected to test near the level of 1355, 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 1315. In favor of the fall, the formation of the «Head and Shoulders» reversal pattern is advocating. GOLD prices forecast XAU/USD on February 5, 2018 Earlier, a weak signal was received for the sell of GOLD, due to the crossing of…
Brent crude oil is trading at $ 70.03 per barrel. Brent oil is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Oil. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 70.20, 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 68.70 dollars per barrel. Analysis & forecast Brent Oil on February 5, 2018 Earlier, a weak signal was received for the sell of Brent Oil, due to the crossing of…
Bitcoin BTC/USD is trading at 9208. The cryptocurrency is trading 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 9550 level is expected, from which it is expected to rebound and attempt to continue falling with the target at 7800. An additional signal in favor of the drop will be a resistance level test. Bitcoin forecast & analysis BTC/USD on February 2, 2018 Earlier, a weak signal was received for the sell of Bitcoin cryptocurrency, due to the crossing of signal lines at the…