Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9744. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Franc pair. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.9790 is expected, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9640. An additional signal in favor of falling quotations of the pair will be the upper channel test. Dollar Franc forecast USD/CHF on January 8, 2018 Previously, a…
Author: forex24pro
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2491. 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. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.2510 is expected, from which it is expected to attempt a rebound and continue falling with a target at 1.2340. An additional signal in favor of the drop in quotations will be the test of the upper boundary of the bearish channel. Canadian Dollar forecast USD/CAD on January 8, 2018…
Currency pair EUR/USD Euro to US Dollar is trading at 1.2068. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Euro/Dollar pair. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.2050 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 1.2190. An additional signal in favor of the growth of the pair will be a test of the lower boundary of the bullish channel. Euro Dollar forecast EUR/USD on January…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.93. 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 the Ichimoku Kinko Hyo signal lines is expected near the level of 57.05, from which it is expected to rebound and continue the development of the fall with a target at 56.05. Russian Ruble forecast USD/RUB on January 8, 2018 Earlier, a medium strength signal was received for the sell of the US Dollar/Russian Ruble, due to the crossing…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 113.20. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Dollar/Yen pair. Ichimoku Kinko Hyo Cloud is expected to be tested near the 112.95 level, from which it is expected to attempt a rebound and continue the growth of the pair with the target near level 114.15. Japanese Yen forecast USD/JPY on January 8, 2018 Earlier, we received a weak signal for buy of the Dollar/Yen pair, due to the crossing of the signal lines at the…
GOLD XAU/USD is trading at 1322. GOLD 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 level of 1315, 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. An additional signal in favor of rising GOLD prices will be a test of the lower boundary of the bullish channel. GOLD prices forecast XAU/USD on January 8, 2018 Earlier, we received a weak signal…
Brent crude oil is trading at 68.35 dollars per 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 the Ichimoku Kinko Hyo signal line is near the level of 67.80, from which it is expected to attempt a rebound and continue the development of a bullish trend with a target to rising near the level of $ 70.20 per barrel. Analysis & forecast Brent Oil on January 8, 2018 Earlier, we received a weak signal for buy of Brent Oil,…
Bitcoin BTC/USD are traded at the level of 14394 and continue to move within the bullish channel. At this point, we should expect an attempt to test the lower border of the channel near the level of 13850. Again, we expect a rebound and an attempt to increase the rate of Bitcoin with a target above 16200. Bitcoin forecast & technical analysis January 5, 2018 In favor of the growth of quotations BTC/USD will perform a test of the broken support line on the indicator of relative strength index (RSI), border of the bullish channel. The abolition of the Bitcoin…
Ripple XRP/USD traded at 2.93 and continue to move within the framework of strong growth. At the moment, we should expect an attempt to reduce and test the lower boundary of the bullish channel of 2.75 area. Where again we should expect a rebound and the continued growth of the Ripple with a target above the level of 3.65. Ripple forecast & technical analysis January 5, 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 the…
NEM XEM/USD is trading at 1.65. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in NEM. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.55 is expected, from which we should expect a rebound and an attempt to continue growth with the aim near 2.25. NEM forecast & analysis XEM/USD on January 5, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the channel. Earlier, a medium strength signal was obtained for buy…