Brent crude oil is trading at $ 69.24 a barrel. Brent oil is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Oil. The test area of Ichimoku Kinko Hyo signal lines near the level of 68.90 is expected, from which one should expect a rebound attempt and the continuation of the bullish trend development with the purpose of growth near the level of $ 71.60 per barrel. An additional signal in favor of oil growth will test the lower boundary of the rising channel. Analysis & forecast Brent…
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.
GOLD is trading at 1316. XAU/USD is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in GOLD. Ichimoku Kinko Hyo Cloud is expected to test near the 1310 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 1350. GOLD prices forecast XAU/USD on January 12, 2018 Previously, a strong signal was obtained for buy of GOLD, by crossing the signal lines at 1315. Canceling the option the growth of GOLD quotations will be a breakdown…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 111.33. 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 signal line area test is near the level of 111.80, from which it is expected to attempt a rebound and continue falling of the pair with a target near the level of 110.25. Japanese Yen forecast USD/JPY on January 12, 2018 Earlier, a medium strength signal was received for the sell of the Dollar/Yen pair, due to the crossing of the signal lines…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.91. 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. The test area of Ichimoku Kinko Hyo signal lines near the level of 57.05 is expected, from which it is expected to rebound and continue the development of the fall with a target at 55.65. An additional signal in favor of the fall is the resistance level test. Russian Ruble forecast USD/RUB on January 12, 2018 Earlier, a medium strength signal was received…
Currency pair EUR/USD Euro to US Dollar is trading at 1.1950. The pair continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for the pair Euro Dollar. Ichimoku Kinko Hyo Cloud is expected to be tested near the level of 1.1960, from which it is expected to attempt a rebound and continue falling with the target near the level of 1.1840. Euro Dollar forecast EUR/USD on January 12, 2018 Earlier, we received a weak signal for sell of the pair Euro/Dollar, due to the crossing of the signal…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2547. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the pair US Dollar/Canadian Dollar. Ichimoku Kinko Hyo Cloud is expected to test near the level of 1.2560, from which it is expected to attempt a rebound and continue falling with a target at 1.2290. Canadian Dollar forecast USD/CAD on January 12, 2018 An additional signal in favor of the drop in quotations will be a test of the level of the upper boundary of the bearish channel.…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9779. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for the Dollar/Franc pair. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.9805 level, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9670. An additional signal in favor of growth of quotations of the pair will be the formation of the reversal model «Head and Shoulders». Dollar Franc forecast USD/CHF on January 12, 2018 Earlier,…
Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7195. 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. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.7150, from which one should expect a rebound attempt and further growth with the target near the level of 0.7310. New Zealand Dollar forecast NZD/USD on January 12, 2018 An additional signal in favor of growth of quotations of the pair will be a…
Currency pair Pound Dollar GBP/USD is trading at 1.3506. The pair continues to trade within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for the Pound/Dollar pair. Ichimoku Kinko Hyo Cloud near the level 1.3490 is expected to be tested, from which it is expected to attempt a rebound and continue the growth of the pair with the target near the level of 1.3655. An additional signal in favor of the growth of the pair will be a test of the lower boundary of the bearish channel. Pound Dollar forecast GBP/USD on January 12, 2018 Earlier, a weak…
Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7840. 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 level of 0.7830, from which one should expect a rebound attempt and further development of the bullish trend with the target of growth near the level of 0.7965. Australian Dollar forecast AUD/USD on January 12, 2018 Earlier, a weak signal was received for the sell of the pair Australian Dollar/US Dollar, due…