Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. At this point, we should expect an attempt to test the resistance level near the area of 0.7280 and continue falling to the area below the level of 0.7120. In favor of the fall of the pair NZD/USD, a resistance line test will be performed on the indicator of relative strength index (RSI). NZD/USD forecast & technical analysis February 13, 2018 The cancellation of the New Zealand Dollar quotation will result in a strong growth and breakout of the area of…
Author: forex24pro
Currency pair Dollar Franc USD/CHF continues to move within the descending channel. At this point, we should expect an attempt to test the level of 0.9420 and the continuation of the fall of the US dollar against the Swiss Franc with a target below 0.9200. In favor of the fall of the pair, the Dollar/Franc will perform a resistance line test on the relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal pattern at small time intervals. USD/CHF forecast & technical analysis February 13, 2018 The cancellation of the USD/CHF fall on the Forex…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the bullish correction. At the moment, we should expect the test of the support area test near the level of 57.00 and the continuation of the pair’s growth in the area above the level of 60.00. In favor of the fall of the pair USD/RUB will test the resistance line on the indicator of relative strength index (RSI). USD/RUB forecast & technical analysis February 13, 2018 Cancellation of the growth variant of the USD/RUB pair on Forex will be a drop and breakdown of the level…
Bitcoin BTC/USD is traded at 8511. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Bitcoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 7900 level, from which one should expect a rebound and an attempt to continue growth with a target at 10,000. An additional signal in favor of growth is the formation of the «Head and Shoulders» reversal model. Bitcoin forecast & analysis BTC/USD on February 13, 2018 Earlier, a medium strength signal was received for the sell of Bitcoin cryptocurrency, due to the…
Dash DSH/USD is trading at 581. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. Ichimoku Kinko Hyo upper limit test is expected near the level of 550, from which we should expect a rebound and an attempt to continue growth with the target at the level of 705. An additional signal in favor of growth will be breakdown of the resistance level. Dash forecast & analysis DSH/USD on February 13, 2018 Earlier, we received a weak signal for sell of Dash cryptocurrency, due to…
Ethereum Classic ETC/USD is trading at the level of 23.93. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near area 22.20 is expected, from which it is expected to attempt a rebound and continue growth with the aim near the level of 29.40. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Ethereum Classic forecast & analysis on February 13, 2018 Earlier, a weak signal was…
Ethereum ETH/USD is traded at 830. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 835, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at the level of 650. An additional signal in favor of the drop of the cryptocurrency will be the test of the upper boundary of the bearish channel. Earlier, a medium strength signal was received to sell the Ethereum cryptocurrency, by crossing…
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 flat trend for Litecoin. A test of the Ichimoku Kinko Hyo signal line area near the level 135 is expected, from which one should expect a rebound and an attempt to continue the growth of LTC/USD with a target above the level of 180. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower bound of the «Triangle» model. Litecoin forecast & analysis LTC/USD on February…
Monero XMR/USD is trading at 234. The cryptocurrency y is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Monero. The Ichimoku Kinko Hyo Cloud upper limit test is expected near level 210, from which we expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at level 300. An additional signal in favor of growth will be breakdown of the resistance level. Monero forecast & analysis XMR/USD on February 13, 2018 Earlier, a weak signal was received for sell of Monero cryptocurrency, due to the crossing…
Ripple XRP/USD is trading at 1.00. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.97 is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target close to 1.22. An additional signal in favor of the growth of the cryptocurrency will be an uptrend line test. Ripple forecast & analysis XRP/USD on February 13, 2018 Earlier, a weak signal was…