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…
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.
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…
Ripple XRP/USD is trading at 1.18. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 1.25 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.65. Ripple forecast & analysis XRP/USD on January 23, 2018 Earlier, a medium strength signal was obtained for sell of Ripple cryptocurrency, due to the crossing of signal lines at 1.34. Cancellation of the…
Zcash ZEC/USD is trading at 409. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo signal line area test near level 430 is expected, from which it is expected to rebound and attempt to continue falling with a target below 275. Earlier, a strong signal was received for sell of Zcash cryptocurrency, due to crossing of signal lines at level 475. Zcash forecast & analysis ZEC/USD on January 23, 2018 Cancellation of the variant of the drop in Zcash quotations will be a breakdown of the…