Bitcoin BTC/USD are traded at 13450 and continue to move within the correction. At this point, we should expect a test of the support area near the 11500 level. Again, we should expect a rebound and an attempt to increase Bitcoin with a target higher than 18500. Bitcoin weekly forecast on January 15 — 19, 2018 In favor of the growth of the BTC/USD quotations, a support line test will be performed on the relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall and breakdown of the area of 10000, which will indicate the…
Author: forex24pro
Ripple XRP/USD traded at 1.97 and continue to move within the bearish correction. At this point, we should expect an attempt to continue falling into the area below the level of 1.35. Where again we should expect a rebound and the continued growth of the cryptocurrency in the area above the level of 2.55. Ripple weekly forecast on January 15 — 19, 2018 In favor of the growth of quotations XRP/USD will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth option will be breakdown at the level of…
Brent crude oil is trading at $ 69.42 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 of the Ichimoku Kinko Hyo signal line area near the 69.10 level is expected, from where one should expect a rebound attempt and the continuation of the bullish trend development with the target of growth near the level of 71.65 dollars per barrel. An additional signal in favor of oil growth will test the lower boundary of the bullish channel. Analysis & forecast Brent…
GOLD is trading at 1328. XAU/USD is trading above the upper boundary of the Cloud Ichimoku Kinko Hyo, indicating that there is a bullish trend in GOLD. Ichimoku Kinko Hyo Cloud is expected to test near the 1325 level, from which it is expected to rebound and continue the development of the bullish trend in Gold for the target of growth near the level of 1350. GOLD prices forecast XAU/USD on January 15, 2018 Earlier, a strong signal was obtained for buy of GOLD, by crossing the signal lines at 1315. Canceling the option growth of GOLD quotations will be…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 111.21. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Yen pair. The test area of Ichimoku Kinko Hyo signal lines near level 111.50 is expected, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 110.45. Japanese Yen forecast USD/JPY on January 15, 2018 Earlier, a medium strength signal was received for the sell of the Dollar/Yen pair, due to the crossing of the signal…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.63. 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 56.90 is expected, from which it is expected to rebound and continue the development of the fall with a target at 55.75. An additional signal in favor of the fall is the resistance level test. Russian Ruble forecast USD/RUB on January 15, 2018 Earlier, a medium strength signal was received…
Currency pair EUR/USD Euro to US Dollar is trading at 1.2044. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Euro/Dollar. Ichimoku Kinko Hyo signal line area test is expected near the level of 1.2010, from which it is expected to attempt a rebound and continue growth with the target near the level of 1.2160. An additional signal in favor of the growth of the pair will be the formation of an inverted «Head and Shoulders» model. Euro Dollar forecast EUR/USD on January 15, 2018 Earlier, a…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2535. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the pair US Dollar/Canadian Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 1.2560, from which it is expected to attempt a rebound and continue falling with a target at 1.2420. An additional signal in favor of the drop in quotations is the resistance level test. Canadian Dollar forecast USD/CAD on January 15, 2018 Earlier, a weak signal was received for buy of the…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9765. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for the Dollar/Franc. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.9775 is expected, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9670. 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 15, 2018…
Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7245. 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 test area of Ichimoku Kinko Hyo signal lines near the level of 0.7205 is expected, from which it is expected to attempt a rebound and further growth with the target near the level of 0.7350. New Zealand Dollar forecast NZD/USD on January 15, 2018 An additional signal in favor of growth of quotations of the pair will…