IOTA IOT/USD is trading at the level of 1.93. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in IOTA. The test area of Ichimoku Kinko Hyo signal lines near level 2.10 is expected, from which we should expect a rebound and an attempt to continue growth with the target close to 1.50. Earlier, a strong signal was received for sell of IOTA cryptocurrency, due to the crossing of signal lines at the level of 2.20. IOTA forecast & analysis IOT/USD on February 2, 2018 The cancellation of the drop in…
Author: forex24pro
Stellar XLM/USD is trading at 0.46. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Stellar. Ichimoku Kinko Hyo Cloud is expected to test near the level of 0.54, from which we should expect a rebound and an attempt to continue the fall with a target near 0.30. An additional signal in favor of the fall of the cryptocurrency will be the formation of the reversal model «Head and Shoulders». Stellar forecast & analysis XLM/USD on February 2, 2018 Earlier, we received a weak signal for sell of Stellar,…
EOS EOS/USD is trading at the level of 10.36. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in EOS. The test area of Ichimoku Kinko Hyo signal lines near the level of 11.50 is expected, from which it is expected to rebound and attempt to continue falling with the target near 8.00. EOS forecast & analysis EOS/USD on February 2, 2018 Earlier, we received a weak signal for sell of EOS cryptocurrency, due to the crossing of signal lines at the level of 13.50. The cancellation of the drop in…
Litecoin LTC/USD are traded at the level of 139 and continue to move within a bearish trend. At this point, we should expect a test of the resistance level near 150. Again, we should expect a rebound and the continued decline in the Litecoin exchange rate with a target below the level of 115. In favor of the drop in LTC/USD quotations, a resistance line test will be performed on the relative strength index (RSI). Litecoin forecast & technical analysis February 2, 2018 The cancellation of the fall variant will result in a strong growth and breakdown of the 175…
Ripple XRP/USD are traded at 1.01 and continue to move in the bearish trend. At the moment, we should expect a test of the resistance region test near the level 1.10 and continue the fall into the area below the level of 0.80. Ripple forecast & technical analysis February 2, 2018 In favor of falling quotations XRP/USD will test the resistance line on the indicator of relative strength index (RSI). The abolition of the reduction option will be a breakdown at the level of 1.25, which will indicate the breakdown of the resistance area and the continued growth of XRP/USD…
Ethereum ETH/USD are traded at 1084 and continue to move within the bullish channel. At this point, we should expect an attempt to test the level of 1100. Again, we expect a rebound and the continued decline in the Ethereum rate with a target below 850. In favor of the drop in ETH/USD quotes, a trend line test will be performed on the relative strength index (RSI), as well as the formation of a reversal model «Head and Shoulders». Ethereum forecast & technical analysis February 2, 2018 The cancellation of the fall option will result in strong growth and a…
Bitcoin BTC/USD are traded at the level of 9411 and continue to move in the fall. At this point, we should expect a test of the resistance area near the level of 10,000. Again, we should expect a rebound and an attempt to continue fall Bitcoin with a target below 8150. Bitcoin forecast & technical analysis February 2, 2018 In favor of the growth of the BTC/USD quotations, the trend line test will be performed on the relative strength index (RSI). The abolition of the Bitcoin decrease option will be a strong growth and breakdown of the area of 10900,…
Brent crude oil is trading at $ 69.18 a 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 Cloud is expected to test near the level of 69.65, from which one should expect a rebound attempt and continue the development of a downward trend with a target to falling near the level of 67.00 dollars per barrel. Analysis & forecast Brent Oil on February 2, 2018 Earlier, a weak signal was received for the sell of Brent Oil, due to the crossing of…
GOLD is trading at 1345. 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 1350 level is expected to be tested near the level of 1350, from which it is expected to rebound and continue the development of the bearish trend for GOLD with a view to falling near the level of 1315. Earlier, a weak signal was received for the sell of GOLD, due to crossing of signal lines at 1348 level. GOLD prices forecast XAU/USD on February 2, 2018 Canceling the option…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 109.11. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward 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 107.20. 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 2,…