Ripple XRP/USD are traded at 1.01 and continue to move in the bearish trend. At the moment, we should expect a test of the resistance region test near the level 1.10 and continue the fall into the area below the level of 0.80. Ripple forecast & technical analysis February 2, 2018 In favor of falling quotations XRP/USD will test the resistance line on the indicator of relative strength index (RSI). The abolition of the reduction option will be a breakdown at the level of 1.25, which will indicate the breakdown of the resistance area and the continued growth of XRP/USD…
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.
Ethereum ETH/USD are traded at 1084 and continue to move within the bullish channel. At this point, we should expect an attempt to test the level of 1100. Again, we expect a rebound and the continued decline in the Ethereum rate with a target below 850. In favor of the drop in ETH/USD quotes, a trend line test will be performed on the relative strength index (RSI), as well as the formation of a reversal model «Head and Shoulders». Ethereum forecast & technical analysis February 2, 2018 The cancellation of the fall option will result in strong growth and a…
Bitcoin BTC/USD are traded at the level of 9411 and continue to move in the fall. At this point, we should expect a test of the resistance area near the level of 10,000. Again, we should expect a rebound and an attempt to continue fall Bitcoin with a target below 8150. Bitcoin forecast & technical analysis February 2, 2018 In favor of the growth of the BTC/USD quotations, the trend line test will be performed on the relative strength index (RSI). The abolition of the Bitcoin decrease option will be a strong growth and breakdown of the area of 10900,…
Brent crude oil is trading at $ 69.18 a 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 Cloud is expected to test near the level of 69.65, from which one should expect a rebound attempt and continue the development of a downward trend with a target to falling near the level of 67.00 dollars per barrel. Analysis & forecast Brent Oil on February 2, 2018 Earlier, a weak signal was received for the sell of Brent Oil, due to the crossing of…
GOLD is trading at 1345. 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 1350 level is expected to be tested near the level of 1350, from which it is expected to rebound and continue the development of the bearish trend for GOLD with a view to falling near the level of 1315. Earlier, a weak signal was received for the sell of GOLD, due to crossing of signal lines at 1348 level. GOLD prices forecast XAU/USD on February 2, 2018 Canceling the option…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 109.11. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward 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 107.20. 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 2,…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.21. 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 of 56.45, from which it is expected to rebound and continue the development of the bearish trend with a target at 54.95. Russian Ruble forecast USD/RUB on February 2, 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.…
Currency pair EUR/USD Euro to US Dollar is trading at 1.2413. 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 Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 1.2405, from which it is expected to attempt a rebound and continue growth with the target near the level of 1.2650. An additional signal in favor of the growth of the pair will be a test of the lower boundary of the bullish channel. Euro Dollar forecast EUR/USD on February 2, 2018…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2297. 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. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.2305 is expected, from which it is expected to attempt a rebound and continue falling with a target at 1.2170. An additional signal in favor of the fall will be the test of the lower bound of the «Triangle» model. Canadian Dollar forecast USD/CAD on February 2, 2018 Earlier, a strong…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9307. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Franc pair. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.9345 is expected, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9165. 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…