Ripple XRP/USD are traded at the level of 1.07 and continue to move within the bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the area of 1.15 and continue falling to the area below 0.80. In favor of falling quotations XRP/USD will test the resistance line on the indicator of relative strength index (RSI). Ripple forecast & technical analysis February 1, 2018 The abolition of the reduction option will be a breakdown at level 1.40, which will indicate the breakdown of the upper boundary of the bearish channel and…
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.
Litecoin LTC/USD are traded at level 150 and continue to move within a bearish correction. At this point, we should expect a test of the level of 160. Again, we expect a rebound and the continued decline in the Litecoin exchange rate with a target below 1115. Litecoin forecast & technical analysis February 1, 2018 In favor of the drop in LTC/USD quotations, a resistance line test will be performed on the relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the area 180, which will indicate the outflow of quotes…
Brent crude oil is trading at 68.66 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. 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 bearish trend with a target to falling near the level of 67.00 dollars per barrel. Analysis & forecast Brent Oil on February 1, 2018 Earlier, a weak signal was received for the sell of Brent Oil, due to the crossing of…
GOLD is trading at 1336. XAU/USD is trading above the upper boundary of the Cloud Ichimoku Kinko Hyo, indicating the presence of a bullish trend in GOLD. Ichimoku Kinko Hyo Cloud is expected to test near the 1335 level, from which it is expected to rebound and continue the development of the upward trend in Gold for the target of growth near the level of 1355. Earlier, we received a weak signal for the sell of GOLD, due to tossing of the signal lines at 1348 level. GOLD prices forecast XAU/USD on February 1, 2018 Canceling the growth of GOLD…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 108.81. 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 109.55 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 1,…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.29. 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 56.55, from which it is expected to rebound and continue the development of the bearish trend with a target at 54.95. Russian Ruble forecast USD/RUB on February 1, 2018 Earlier, a strong signal was received for the sell of the US Dollar/Russian Ruble, due to the crossing of the signal lines at…
Currency pair EUR/USD Euro to US Dollar is trading at 1.2447. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Euro/Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 1.2415, 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 be a test of the lower boundary of the ascending channel. Euro Dollar forecast EUR/USD on February 1, 2018…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2290. 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. The test area of the Ichimoku Kinko Hyo signal lines near the level of 1.2315 is expected, from which it is expected to attempt a rebound and continue falling with a target at 1.2180. Canadian Dollar forecast USD/CAD on February 1, 2018 An additional signal in favor of the fall will be the test of the lower bound of the «Triangle» model. Earlier, a…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9357. 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 near the level of 0.9385 is expected, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9185. 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 1,…
Currency pair New Zealand Dollar US Dollar NZD/USD iis trading at 0.7327. 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. Ichimoku Kinko Hyo Cloud near the level of 0.7365 is expected to be tested, from which it is expected to attempt a rebound and further growth with a target near the level of 0.7500. An additional signal in favor of the growth of the pair is a rebound from the level of support. New Zealand Dollar forecast NZD/USD…