GOLD is trading at 1333. XAU/USD is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in gold. Ichimoku Kinko Hyo signal line area test is near the 1330 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 1365. Earlier, we received a weak signal for sell of the GOLD, due to crossing of the signal lines at the level of 1331. GOLD prices forecast XAU/USD on January 24, 2018 The cancellation of the growth of…
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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.
Brent crude oil is trading at $ 69.15 per barrel. Brent oil is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Oil. Ichimoku Kinko Hyo Cloud is expected to test near the level of 69.00, from which one should expect a rebound attempt and continue the development of a bullish trend with a target to rising near the level of 71.35 dollars per barrel. An additional signal in favor of oil growth will test the level of support. Earlier, a weak signal was received for the sell of Brent Oil, due to…
The currency pair Euro Dollar EUR/USD continues to move within the framework of the bullish channel. At this point, we expect the pair to fall to the lower channel boundary near the 1.2140 area, where again we should expect a rebound attempt and the continued growth of the euro/dollar. EUR/USD forecast & technical analysis January 23, 2018 In favor of the growth of EUR/USD quotations, a test of the support line will be made on the indicator of relative strength index (RSI). The cancellation of the variant of Euro/Dollar price growth will be a breakdown at the level of 1.2090,…
Currency pair Pound Dollar GBP/USD continues to move within the bullish channel. At this point, we should expect an attempt to fall into the support area near the area of 1.3805. The growth target is the area above the level of 1.4050. In favor of the growth of the pair on Forex will perform a test of the support line on the indicator of relative strength index (RSI). GBP/USD forecast & technical analysis January 23, 2018 Cancellation of the growth variant of the Pound/Dollar will be a drop and a breakdown of the level of 1.3700, which will indicate the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bullish channel. At the moment, we should expect an attempt to test the lower border of the channel near the area of 0.7990 and continue the growth of quotations in the area above the level of 0.8150. AUD/USD forecast & technical analysis January 23, 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). The cancellation of the variant of the Australian Dollar price growth will be the drop and breakdown…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the descending channel. At this point, we should expect an attempt to test the upper border of the channel near the level of 110.90 and continue falling to the area below the level of 109.40. USD/JPY forecast & technical analysis January 23, 2018 In favor of the fall of the pair USD/JPY is the formation of the reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the fall variant of the Dollar/Yen pair will result in a strong…
Quotes of BRENT crude oil continue to move in line with growth. At this point, we should expect an attempt to test the support level near the area of 68.45. Then continue the growth in the area above the level of 70.95. In favor of the growth of quotations and prices for oil BRENT will perform a test of the support line on the indicator of relative strength index (RSI), as well as the formation of the bullish model «Wolfe Wave». BRENT forecast & technical analysis January 23, 2018 Abolition of the variant of oil price growth will be a…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction. At this point, we should expect an attempt to test the upper bound of the «Triangle» model near the area of 1.2470 and continue falling to the area below the level of 1.2230. USD/CAD forecast & technical analysis January 23, 2018 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). Canceling the USD/CAD fall on the Forex market will be strong growth and breakdown of the region of 1.2540, 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 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…
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…