Brent crude oil is trading at 68.66 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 is expected to test near the level of 69.65, 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 67.00 dollars per barrel. Analysis & forecast Brent Oil on February 1, 2018 Earlier, a weak signal was received for the sell of Brent Oil, due to the crossing of…
Author: forex24pro
GOLD is trading at 1336. XAU/USD is trading above the upper boundary of the Cloud Ichimoku Kinko Hyo, indicating the presence of a bullish trend in GOLD. Ichimoku Kinko Hyo Cloud is expected to test near the 1335 level, from which it is expected to rebound and continue the development of the upward trend in Gold for the target of growth near the level of 1355. Earlier, we received a weak signal for the sell of GOLD, due to tossing of the signal lines at 1348 level. GOLD prices forecast XAU/USD on February 1, 2018 Canceling the growth of GOLD…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 108.81. 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 109.55 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 1,…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.29. 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 56.55, 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 1, 2018 Earlier, a strong signal was received for the sell of the US Dollar/Russian Ruble, due to the crossing of the signal lines at…
Currency pair EUR/USD Euro to US Dollar is trading at 1.2447. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Euro/Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 1.2415, from which it is expected to attempt a rebound and continue growth with the target near the level of 1.2640. An additional signal in favor of the growth of the pair will be a test of the lower boundary of the ascending channel. Euro Dollar forecast EUR/USD on February 1, 2018…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2290. 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 the Ichimoku Kinko Hyo signal lines near the level of 1.2315 is expected, from which it is expected to attempt a rebound and continue falling with a target at 1.2180. Canadian Dollar forecast USD/CAD on February 1, 2018 An additional signal in favor of the fall will be the test of the lower bound of the «Triangle» model. Earlier, a…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9357. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Franc pair. Ichimoku Kinko Hyo signal line area test near the level of 0.9385 is expected, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9185. 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 February 1,…
Currency pair New Zealand Dollar US Dollar NZD/USD iis trading at 0.7327. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is a bullish trend in the pair New Zealand Dollar/US Dollar. Ichimoku Kinko Hyo Cloud near the level of 0.7365 is expected to be tested, from which it is expected to attempt a rebound and further growth with a target near the level of 0.7500. An additional signal in favor of the growth of the pair is a rebound from the level of support. New Zealand Dollar forecast NZD/USD…
Currency pair Pound Dollar GBP/USD is trading at 1.4197. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the Pound/Dollar pair. The Ichimoku Kinko Hyo Cloud upper limit test is expected near level 1.4165, from which it is expected to attempt a rebound and continue the growth of the pair with the target near the level of 1.4510. Pound Dollar forecast GBP/USD on February 1, 2018 An additional signal in favor of the growth of the pair will be a test of the lower boundary of the bullish channel.…
Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.8073. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the pair Australian Dollar/US Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.8040 level, from which it is expected to attempt a rebound and further development of the bullish trend with a target to growth near the level of 0.8205. An additional signal in favor of the growth of the pair will test the level of support. Australian Dollar forecast AUD/USD on February 1,…