Bitcoin BTC/USD are traded at 8102 and continue to move in a bearish trend. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the 8700 level. Again, we should expect a rebound and an attempt to continue the drop of Bitcoin with a target below 4000. In favor of falling quotes, BTC/USD will test the resistance line on the relative strength index (RSI), the boundary of the bearish channel. Bitcoin forecast & technical analysis February 9, 2018 The abolition of the Bitcoin reduction option will result in a strong growth and…
Author: forex24pro
Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7826. 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. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.7885 is expected, from which one should expect a rebound attempt and further development of a downward trend with a target to falling near the level of 0.7730. Australian Dollar forecast AUD/USD on February 9, 2018 An additional signal in favor of the fall of the pair is the resistance level…
Currency pair Pound Dollar GBP/USD is trading at 1.3882. 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 1.3960 is expected, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 1.3640. An additional signal in favor of the fall of the pair is the resistance level test. Pound Dollar forecast GBP/USD on February 9, 2018 Earlier, a weak signal was…
Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7251. 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. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.7300 is expected, from which it is expected to attempt a rebound and further fall with a target near the level of 0.7140. An additional signal in favor of the growth of the pair is the resistance level test. New Zealand Dollar forecast NZD/USD on February 9, 2018 Earlier,…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9424. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for the Dollar/Franc pair. Ichimoku Kinko Hyo Cloud near the level 0.9430 is expected to be tested, from which it is expected to attempt a rebound and continue falling of the pair with the target close to the level of 0.9325. Dollar Franc forecast USD/CHF on February 9, 2018 Earlier, a weak signal was received for the buy of the Dollar/Franc pair, due to the crossing of the signal lines at the level…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2564. 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 1.2515 is expected, from which it is expected to attempt a rebound and continue growth with the target at 1.2670. An additional signal in favor of the fall of the pair will test the level of support. Canadian Dollar forecast USD/CAD on February 9, 2018 Earlier, a weak signal was received…
Currency pair EUR/USD Euro to US Dollar is trading at 1.2275. The pair continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for the pair Euro/Dollar. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.2345 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 1.2105. An additional signal in favor of the fall of the pair is the resistance level test. Euro Dollar forecast EUR/USD on February 9, 2018 Earlier, a…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.17. 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 56.80, from which it is expected to rebound and continue the development of the bullish trend with a target at 58.45. An additional signal in favor of the growth of the pair will test the level of support. Russian Ruble forecast USD/RUB on February 9, 2018 Earlier, we…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 109.43. The pair is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Dollar/Yen pair. The Ichimoku Kinko Hyo Cloud Upper Test is expected near the level of 109.55, 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 9, 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…
GOLD is trading at 1314. XAU/USD is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in GOLD. Ichimoku Kinko Hyo signal line area test is near the level of 1325, from which it is expected to rebound and continue the development of a bearish trend in GOLD with a target to falling near the level of 1295. In favor of the drop, a resistance level test will perform. GOLD prices forecast XAU/USD on February 9, 2018 Previously, a strong signal was received for the sell of GOLD, due to the crossing of the…