Ripple XRP/USD are traded at the level of 0.73 and continue to move in a downward trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.75 and continue falling to the area below the level of 0.45. In favor of falling quotations XRP/USD will test the resistance line on the indicator of relative strength index (RSI), as well as test the upper boundary of the bearish channel. Ripple forecast & technical analysis February 8, 2018 Cancellation of the reduction option will be a breakdown at the level of 0.85, which will…
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.
Ethereum ETH/USD are traded at 759 and continue to move in a bearish trend. At this point, we should expect a test of the resistance level near the area of 780. Again, we should expect a rebound and the continued decline in the Ethereum rate with a target below 450. Ethereum forecast & technical analysis February 8, 2018 In favor of falling quotations, ETH/USD will test the resistance line on the relative strength index (RSI), as well as the upper boundary test down channel. The reversal of the fall option will be a strong growth and a breakdown of the…
Bitcoin BTC/USD are traded at the level of 7634 and continue to move within the bearish trend. At this point, we should expect an attempt to test the upper boundary of the descending channel near the level of 7650. Again, we should expect a rebound and an attempt to continue falling Bitcoin with a target below 4900. In favor of falling quotes BTC/USD will test the resistance line on the indicator of relative strength index (RSI). Bitcoin forecast & technical analysis February 8, 2018 The abolition of the Bitcoin reduction option will be a strong growth and breakdown of the…
Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7884. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the pair Australian Dollar/US Dollar. Ichimoku Kinko Hyo signal line area test is expected near the 0.7920 level, from which it is expected to attempt a rebound and further development of the bearish trend with a target to falling near the level of 0.7790. Australian Dollar forecast AUD/USD on February 8, 2018 An additional signal in favor of the fall of the pair is the resistance level test. Earlier,…
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…
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…