Quotes of GOLD XAU/USD continue to move within the bullish channel. At the moment, we should expect an attempt to test the lower border of the channel near the level of 1330, from which we should expect a rebound and continue the growth of the price for gold with a target above the level of 1360. XAU/USD forecast & technical analysis January 23, 2018 In favor of the growth of quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI), as well as the formation of a reversal the «Head and Shoulders» model. Cancellation of…
Author: forex24pro
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the growth. At the moment, we should expect an attempt to test the lower border of the channel near the level of 0.7285 and continue growth in the area above the level of 0.7425. NZD/USD forecast & technical analysis January 23, 2018 In favor of the growth of the pair NZD/USD will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of growth of quotations of the New Zealand Dollar on Forex will be…
Currency pair Dollar Franc USD/CHF continues to move within the descending channel. At the moment, we should expect an attempt to grow to the upper channel near the level of 0.9680 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9390. USD/CHF forecast & technical analysis January 23, 2018 In favor of the fall of the pair, the Dollar/Franc will perform a resistance line test on the relative strength index (RSI). The cancellation of the USD/CHF fall on the FOREX will result in a strong growth and breakdown of the area…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the bearish channel. At this point, we should expect an attempt to test the upper bound of the «Triangle» model near the area of 56.70 and continue the fall of the pair into the area below the level of 55.20. In favor of the fall of the pair USD/RUB, a trend line test will be performed on the indicator of relative strength index (RSI). USD/RUB forecast & technical analysis January 23, 2018 Canceling the fall of the USD/RUB pair on Forex will be a strong growth and a breakdown…
Bitcoin BTC/USD is trading at 10175. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud near the 10500 level is expected to be tested near the level of 10500, from which one should expect a rebound and an attempt to continue falling with the target at 7900. Bitcoin forecast & analysis BTC/USD on January 23, 2018 Earlier, a signal of medium strength was obtained for sell of Bitcoin cryptocurrency, by crossing signal lines at level 11200. Cancellation of the variant of Bitcoin quotations drop will…
Dash DSH/USD is trading at 720. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Dash. Ichimoku Kinko Hyo Cloud near the 755 level is expected to be tested near the 755 level, from which one should expect a rebound and an attempt to continue falling with the target at 540. Dash forecast & analysis DSH/USD on January 23, 2018 Earlier, a medium strength signal was obtained for sell Dash cryptocurrency, by crossing the signal lines at 790 level. The cancellation of the Dash fall variant will be a breakdown…
Ethereum Classic ETC/USD is trading at 24.94. 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 of the lower boundary of Ichimoku Kinko Hyo Cloud is expected near the area of 25.50, from which one should expect a rebound attempt and continue falling with the aim near the 16.00 level. Ethereum Classic forecast & analysis on January 23, 2018 Earlier, a medium strength signal was received for the sell of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the…
Ethereum ETH/USD is traded at 926. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud near the 940 level is expected to be tested near the 940 level, from which we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 725. Ethereum forecast & analysis ETH/USD on January 23, 2018 Earlier, we received an average signal signal for sell of the Ethereum cryptocurrency, by crossing the signal lines at 970 level. Cancellation of the Ethereum fall variant…
Litecoin LTC/USD is trading at level 152. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 155 is expected to be tested near the level 155, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below the level of 110. Litecoin forecast & analysis LTC/USD on January 23, 2018 Earlier, a signal of medium strength was obtained for sell of Litecoin cryptocurrency, due to crossing of signal lines at level 165. Cancellation of…
Monero XMR/USD is trading at 345. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level 335, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 425. An additional signal in favor of the growth of the cryptocurrency is the formation of the «Head and Shoulders» reversal model. Monero forecast & analysis XMR/USD on January 23, 2018 Earlier, a weak signal was obtained for sell…