GOLD XAU/USD close the trading week near the area of 1313. Quotes continue to move within the correction. At the moment, we should expect a test of the support level near the area of 1300 and the continuation of the growth above the level of 1395 as part of the start of the development of the bullish model «5-0». XAU/USD weekly forecast on February 12 — 16, 2018 In favor of the growth of quotations and prices for GOLD will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of…
Author: forex24pro
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7248. The pair continues to move within the framework of growth. At the moment, we should expect a test of the resistance area near the level of 0.7350 and the continuation of the fall of the pair below the level of 0.7050. In favor of the fall of NZD/USD, a trend line test will be performed on the relative strength index (RSI). NZD/USD weekly forecast on February 12 — 16, 2018 The cancellation of the fall option will be a strong growth…
Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9399. At this point, we should expect an attempt to test the upper limit of the descending channel near the level of 0.9450 and continue the fall of the pair with a target below 0.9120. USD/CHF weekly forecast on February 12 — 16, 2018 In favor of the fall of the pair Dollar/Franc will perform a trend line test on the indicator of relative strength index (RIS). The cancellation of the USD/CHF decline option will result in a strong growth and breakdown of the area of 0.9540, which…
Bitcoin BTC/USD is traded at the level of 8520. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the 8700 level, from which it is expected to rebound and attempt to continue falling with a target at 6400. 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 10, 2018 Earlier, a weak signal was…
Dash DSH/USD is traded at level 602. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Dash. Ichimoku Kinko Hyo upper limit test near level 610 is expected, from which it is expected to rebound and attempt to continue falling with a target at 450. An additional signal in favor of the drop will be a resistance level test. Dash forecast & analysis DSH/USD on February 10, 2018 Earlier, a weak signal was received for buy of Dash cryptocurrency, due to the crossing of signal lines at level 490. The…
Ethereum Classic ETC/USD is trading at 21.96. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the Ethereum Classic. The Ichimoku Kinko Hyo upper boundary test is expected near the area of 22.30, from which it is expected to attempt a rebound and continue falling with the target near the level of 14.50. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Ethereum Classic forecast & analysis on February 10, 2018 Earlier, a weak signal was received for buy of the Ethereum…
Ethereum ETH/USD is trading at 851. 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 level 865 is expected to be tested near the level of 865, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at the level of 590. 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…
Litecoin LTC/USD is trading at 146. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Litecoin. Ichimoku Kinko Hyo Cloud near the level 135 is expected to be tested near the level 135, from which one should expect a rebound and an attempt to continue LTC/USD growth with a target above the level of 180. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Litecoin forecast & analysis LTC/USD on February 10, 2018 Earlier, a medium…
Monero XMR/USD is trading at 247. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend on the Monero. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 255, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 185. An additional signal in favor of the drop will be a resistance level test. Monero forecast & analysis XMR/USD on February 10, 2018 Earlier, a weak signal was received for buy of the Montero cryptocurrency, due to the…
Ripple XRP/USD is trading at 0.88. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. The Ichimoku Kinko Hyo upper limit test is expected near the level of 0.0.95, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.75. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Ripple forecast & analysis XRP/USD on February 10, 2018 Earlier, a weak signal was received for buy of Ripple cryptocurrency,…