Currency pair EUR/USD Euro to US Dollar is trading at 1.2513. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the Euro/Dollar pair. 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 near the level of 1.2720. An additional signal in favor of the growth of the pair is the upper bound of the «Triangle» model. Euro Dollar forecast EUR/USD on February 5, 2018 Earlier, a strong…
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.
Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.08. 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 56.45, from which it is expected to rebound and continue the development of the bearish trend with a target at 54.90. Russian Ruble forecast USD/RUB on February 5, 2018 Earlier, we received a weak signal for buy of the US Dollar/Russian Ruble, due to the crossing of signal lines at 56.15. The…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 109.34. 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 109.45 level, from which it is expected to attempt a rebound and continue falling of the pair with a target near the level of 107.50. 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 5,…
GOLD is trading at 1348. XAU/USD is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend over GOLD. Ichimoku Kinko Hyo Cloud is expected to test near the level of 1355, from which it is expected to rebound and continue the development of the bearish trend for GOLD with a target to falling near the level of 1315. In favor of the fall, the formation of the «Head and Shoulders» reversal pattern is advocating. GOLD prices forecast XAU/USD on February 5, 2018 Earlier, a weak signal was received for the sell of GOLD, due to the crossing of…
Brent crude oil is trading at $ 70.03 per barrel. Brent oil is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Oil. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 70.20, 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 68.70 dollars per barrel. Analysis & forecast Brent Oil on February 5, 2018 Earlier, a weak signal was received for the sell of Brent Oil, due to the crossing of…
Bitcoin BTC/USD is trading at 9208. The cryptocurrency is trading 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 9550 level is expected, from which it is expected to rebound and attempt to continue falling with the target at 7800. An additional signal in favor of the drop will be a resistance level test. Bitcoin forecast & analysis BTC/USD on February 2, 2018 Earlier, a weak signal was received for the sell of Bitcoin cryptocurrency, due to the crossing of signal lines at the…
Dash DSH/USD is trading at the level of 603. 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 630 level, from which it is expected to rebound and attempt to continue falling with a target at 465. An additional signal in favor of the drop will be a resistance level test. Dash forecast & analysis DSH/USD on February 2, 2018 Earlier, a weak signal was received for sell of Dash cryptocurrency, due to the crossing…
Ethereum Classic ETC/USD is trading at the level of 22.75. 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 near the area of 23.50 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 17.65. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Ethereum Classic forecast & analysis on February 2, 2018 Earlier, we received a weak…
Ethereum ETH/USD is traded at 1071. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, indicating a lateral trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 1085, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 850. Earlier, a weak signal was received for sell of the Ethereum cryptocurrency, by crossing the signal lines at level 1100. Ethereum forecast & analysis ETH/USD on February 2, 2018 Cancellation of the Ethereum fall variant will be a breakdown of the…
Litecoin LTC/USD is trading at 136. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Litecoin. Ichimoku Kinko Hyo signal line area test is near the level 165, from which we should expect a rebound and an attempt to continue the LTC/USD fall with a target below the level of 100. An additional signal for the fall of the cryptocurrency will come from the lower bound of the «Triangle» model. Litecoin forecast & analysis LTC/USD on February 2, 2018 Earlier, we received a weak signal for sell of Litecoin cryptocurrency,…