Currency pair USD/JPY US Dollar to Japanese Yen is trading at 109.45. The pair is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Dollar/Yen pair. The Ichimoku Kinko Hyo Cloud Upgrade Test is expected near the level of 109.65, from which it is expected to attempt a rebound and continue falling of the pair with a target near the level of 107.75. Japanese Yen forecast USD/JPY on February 8, 2018 Earlier, a medium strength signal was received for the sell of the Dollar/Yen pair, due to the crossing of the signal lines at 109.30. The…
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.
GOLD is trading at 1320. 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 level 1325 is expected to be tested near the level of 1325, from which it is expected to rebound and continue the development of a bearish trend in GOLD with a view to falling near the level of 1300. In favor of the fall is the formation of the reversal model «Head and Shoulders». GOLD prices forecast XAU/USD on February 8, 2018 Previously, a strong signal was received for the…
Brent crude oil is trading at $ 67.16 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 signal line area test is near the level of 67.85, from which it is expected to attempt a rebound and continue the development of a bearish trend with a target to falling near the level of 65.50 dollars per barrel. An additional signal in favor of the fall of the pair is the resistance level test. Analysis & forecast Brent Oil on February 8, 2018…
Bitcoin BTC/USD is trading at 6927. The cryptocurrency is traded 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 7600 level is expected, from which it is expected to rebound and attempt to continue falling with the target at 4800. 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 descending channel. Bitcoin forecast & analysis BTC/USD on February 7, 2018 Earlier, a weak signal was received for the…
Dash DSH/USD is trading at 430 level. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo signal line area test is near the 495 level, from which it is expected to rebound and attempt to continue falling with a target at level 260. An additional signal in favor of the drop will be the test of the upper boundary of the downlink, as well as the resistance level test. Dash forecast & analysis DSH/USD on February 7, 2018 Earlier, a strong signal…
Ethereum Classic ETC/USD is trading at 13.79. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines is expected near the area of 16.45, from which it is expected to attempt a rebound and continue falling with the target near the level of 7.80. An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the channel, as well as a test of the resistance level. Ethereum Classic forecast…
Ethereum ETH/USD is traded at 693. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. Ichimoku Kinko Hyo signal line area test near the 800 level is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 425. 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 channel. Ethereum forecast & analysis ETH/USD on…
Litecoin LTC/USD is trading at the level of 114. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 120 is expected to be tested near the level of 120, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below the level of 65. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Litecoin forecast & analysis LTC/USD on February 7, 2018 Earlier, a strong signal…
Monero XMR/USD is trading at the level of 169. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. Ichimoku Kinko Hyo signal line area test is near the 200 level, from which we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 100. 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. Monero forecast & analysis XMR/USD on February 7, 2018 Earlier,…
Ripple XRP/USD is trading at 0.67. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.72 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.35. An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the descending channel. Ripple forecast & analysis XRP/USD on February 7, 2018 Earlier, a strong…