Bitcoin Cash BCH/USD is trading at 1205. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The Ichimoku Kinko Hyo signal line area test is expected near the level of 1400, from which it is expected to attempt a rebound and continue the fall with a target close to 800. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Bitcoin Cash forecast & analysis on February 3, 2018 Earlier, a strong signal was received for the sell of Bitcoin Cash…
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 116 and continue to move within a bearish trend. At this point, we should expect a test of the resistance level near 140. Once again, we expect a rebound and the continued decline in the Litecoin exchange rate with a target below 75. Litecoin forecast & technical analysis February 3, 2018 In favor of the drop in LTC/USD quotations, a resistance line test will be performed on the relative strength index (RSI). The reversal of the fall option will be a strong growth and breakdown of the area 155, which will indicate the breakdown…
Ripple XRP/USD are traded at 0.84 and continue to move in a bearish trend. At the moment, we should expect a test of the resistance region near the 0.90 level and continue the fall into the area below 0.50. 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 3, 2018 The abolition of the reduction option will be breakdown at the level of 1.20, which will indicate the breakdown of the resistance area and the continued growth of XRP/USD to the area above the…
Ethereum ETH/USD are traded at 893 and continue to move in a bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 960. Once again, we expect a rebound and the continued decline in the Ethereum rate with a target below 640. In favor of falling quotations, ETH/USD will test the trend line on the indicator of relative strength index (RSI). Ethereum forecast & technical analysis February 3, 2018 The abolition of the fall option will be a strong growth and breakdown of the level of 1000, which will indicate the…
Bitcoin BTC/USD are traded at 8559 and continue to move in the fall. At this point, we should expect an attempt to test the resistance area near the level of 8800. Where again we should expect a rebound and an attempt to continue the Bitcoin drop with a target below 7000. Bitcoin forecast & technical analysis February 3, 2018 In favor of falling quotes, BTC/USD will test the trend line on the relative strength index (RSI). The abolition of the Bitcoin reduction option will be a strong growth and breakdown of the area of 9200, which will indicate the continuation…
Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.8039. The pair continues to bargain inside the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Australian Dollar/US Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near 0.8055, from which it is expected to attempt a rebound and further development of a downward trend with a view to falling near the level of 0.7890. An additional signal in favor of the fall of the pair is the formation of the reversal model «Head and Shoulders». Australian Dollar forecast AUD/USD on February 5, 2018 Earlier, a…
Currency pair Pound Dollar GBP/USD is trading at 1.4264. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the Pound/Dollar pair. Ichimoku Kinko Hyo Cloud is expected to test near the 1.4215 level, from which it is expected to attempt a rebound and continue the growth of the pair with the target near the level of 1.4650. An additional signal in favor of the growth of the pair will be a test of the lower boundary of the bullish channel. Pound Dollar forecast GBP/USD on February 5, 2018 Previously,…
Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7390. 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. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.7365 level, from which it is expected to attempt a rebound and further growth with a target near the level of 0.7515. An additional signal in favor of the growth of the pair is a rebound from the level of support. New Zealand Dollar forecast…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9267. 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 is near the level of 0.9310, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9125. 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 5, 2018…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2265. 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. Ichimoku Kinko Hyo signal line area test is near the level 1.2295, from which it is expected to attempt a rebound and continue falling with the target at 1.2165. Canadian Dollar forecast USD/CAD on February 5, 2018 Previously, a strong signal was received for the sell of the pair US Dollar/Canadian Dollar, due to the crossing of signal lines at 1.2325.The cancellation of the…