Currency pair USD/JPY US Dollar to Japanese Yen is trading at 108.97. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Yen. Ichimoku Kinko Hyo Cloud is expected to test near the 109.65 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 is the resistance level test, as well as a test of the upper boundary of the bearish channel. Japanese Yen…
Author: forex24pro
GOLD is trading at 1342. XAU/USD is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in GOLD. Ichimoku Kinko Hyo Cloud near the 1340 level is expected to be tested near the level of 1340, from which it is expected to rebound and continue the development of the bullish trend in GOLD for the target of growth near the level of 1365. An additional signal in favor of the growth of quotations will be a test of the level of support. GOLD prices forecast XAU/USD on January 31, 2018 Earlier, a weak signal…
Brent crude oil is trading at 68.76 dollars per 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 near the level of 69.25 is expected to be tested, from which it is expected to attempt a rebound and continue the development of a bearish trend with a target to falling near the level of 67.00 dollars per barrel. Analysis & forecast Brent Oil on January 31, 2018 Earlier, a weak signal was received for the sell of Brent Oil, due to the…
The currency pair Euro Dollar EUR/USD continues to move within the framework of the bullish channel. At the moment, it is expected to correct the pair in the region of the lower border of the channel near the area of 1.2230, where again we should expect a rebound and continue the growth of the euro dollar with a target above 1.2650. EUR/USD forecast & technical analysis January 30, 2018 In favor of EUR/USD quotes growth, the trend line test will be performed on the indicator of relative strength index (RSI). Cancellation of the variant of the Euro/Dollar quotations growth will…
Currency pair Pound Dollar GBP/USD continues to move within the bullish channel. At this point, we should expect an attempt to test the lower border of the channel near the level of 1.4050, where again we should expect a rebound and continued growth of the Pound against the US Dollar. GBP/USD forecast & technical analysis January 30, 2018 The target of growth is the area above the level of 1.4550. In favor of the growth of the pair on Forex is the test of the support line on the indicator of relative strength index (RSI). Cancellation of the growth variant…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the rising channel. At the moment, we should expect an attempt to test the lower border of the channel near the 0.8050 area and the continuation of the growth of quotations in the area above the level of 0.8245. AUD/USD forecast & technical analysis January 30, 2018 In favor of the growth of the pair AUD/USD will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of the Australian Dollar price growth will be a drop and a…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of the decline. At this point, we should expect an attempt to test the upper border of the channel near the level of 108.90 and continue falling to the area below the level of 107.60. USD/JPY forecast & technical analysis January 30, 2018 In favor of the growth of the pair USD/JPY will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall variant of the Yen Dollar pair will result in a strong growth and…
Quotes of BRENT crude oil continue to move in line with growth. At the moment, you should expect an attempt to test the area of 70.30. Then start falling to the area below the level of 67.00. In favor of falling quotes and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Double top». BRENT forecast & technical analysis January 30, 2018 The abolition of the fall in oil prices will be a strong increase and breakdown of the level of 72.50 dollars…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the bearish channel. At this point, we should expect an attempt to test the resistance level near the 1.2365 area and continue falling to the area below the level of 1.2180. In favor of falling quotations of the Canadian Dollar will perform a test of the resistance line on the indicator of relative strength index (RSI). USD/CAD forecast & technical analysis January 30, 2018 The cancellation of the USD/CAD fall on the Forex market will result in a strong growth and breakdown of the area of 1.2440, which…
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 1340, from which we should expect a rebound and continue the growth of the price of GOLD with a target above the level of 1370. In favor of the growth of XAU/USD quotations, a support line test will be performed on the relative strength index (RSI). XAU/USD forecast & technical analysis January 30, 2018 Cancellation of the variant of gold price growth will be the fall and breakdown of…