Quotes of BRENT crude oil continue to move in line with growth. At this point, we should expect an attempt to test the upper boundary of the channel near the level of 67.50. Then continue the growth in the area above the level of 70.50. BRENT forecast & technical analysis January 9, 2018 In favor of the growth of quotations and prices for oil BRENT will test the trend line on the indicator of relative strength index (RSI). Abolishing the variant of oil price growth will be a drop and breakdown of the level of 67.00 dollars per barrel, which…
Author: forex24pro
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the fall. At this point, we should expect an attempt to test the upper border of the channel near the area of 1.2505 and continue falling to the area below the level of 1.2240. USD/CAD forecast & technical analysis January 9, 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). The cancellation of the USD/CAD fall on the Forex market will be strong growth and breakdown of the region of 1.2550,…
Quotes of GOLD XAU/USD continue to move within the limits of growth. At this point, we should expect an attempt to test the level of 1320 and the beginning of the fall in the price of gold below the level of 1295. In favor of falling quotations XAU/USD is the formation of the reversal model «Failure Swing» on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis January 9, 2018 The reversal of the decline in the price of GOLD will be a strong increase in the breakdown of the area of 1330, which indicates that the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the growth framework. At the moment, we should expect an attempt of a fall test in the region of the lower border of the channel near 0.7045. NZD/USD forecast & technical analysis January 9, 2018 In favor of the fall of the pair NZD/USD is the formation of the reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the New Zealand Dollar quotation on FOREX will result in a strong growth and breakdown of the 0.7205 area,…
Currency pair Dollar Franc USD/CHF continues 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 0.9860 and the continuation of the fall of the US dollar against the Swiss Franc with a target below 0.9720. USD/CHF forecast & technical analysis January 9, 2018 In favor of the growth of the Dollar Franc pair will test the trend line on the indicator of relative strength index (RSI). The cancellation of the USD/CHF fall on the Forex will result in a strong growth and breakdown…
Currency pair US Dollar Russian Ruble USD/RUB continues to move in the fall. At the moment, we should expect an attempt to correct and test the upper boundary of the bearish channel near the area of 58.05 and continue falling of the pair into the area below the level of 55.70. USD/RUB forecast & technical analysis January 9, 2018 In favor of the fall of the pair USD/RUB will test the resistance line on the indicator of relative strength. Cancellation of the fall of the USD/RUB pair on Forex will be a strong growth and breakdown of the level of…
Bitcoin BTC/USD completes the trading week near the area of 15969. The cryptocurrency is trading above the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test the upper boundary of the Cloud near 15200, from which it is expected to attempt a rebound and continue the development of the bullish trend with a target above the level of 2100. Bitcoin (BTC/USD) weekly forecast January 8 — 12, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the bullish channel.…
Dash DSH/USD completes trading week near area 1136. The cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. Ichimoku Kinko Hyo signal lines are expected near the level of 1050, from which it is expected to rebound and continue the development of the bullish trend with a target near the level of 1650. An additional signal in favor of the growth of the cryptocurrency will be a bullish line test. Dash (DSH/USD) weekly forecast January 8 — 12, 2018 Earlier, we received a weak signal for sell…
Ethereum Classic ETC/USD completes the trading week near area 32.13. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to be tested near the level of 28.00, from which one should expect a rebound attempt and further growth with the goal near the 44.00 level. Ethereum Classic weekly forecast January 8 — 12, 2018 Earlier, a weak signal was received for sell of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 28.90.…
Ethereum ETH/USD is completing the trading week near the area of 1051. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near the 960 level is expected, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency with a target at 1450. Ethereum (ETH/USD) weekly forecast January 8 — 12, 2018 An additional signal for the growth of the cryptocurrency will be the test of the lower boundary of the bullish channel. Earlier,…