Currency pair USD/JPY US Dollar to Japanese Yen is trading at 112.27. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the Dollar/Yen pair. Ichimoku Kinko Hyo signal line area test is near the level of 112.60, from which it is expected to attempt a rebound and continue the fall of the pair with the target near the level of 111.20. Japanese Yen forecast USD/JPY on January 4, 2018 Earlier, a weak strength signal was obtained for the sell of the Dollar /Yen pair, due to crossing of the signal…
Author: forex24pro
GOLD XAU/USD is trading at 1317. GOLD is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Gold. The Ichimoku Kinko Hyo signal line area test is expected near the level of 1310, 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 1335. GOLD prices forecast XAU/USD on January 4, 2018 Earlier, a weak signal was obtained for buy of GOLD, due to crossing of signal lines at 1245 level. the growth of GOLD quotations will…
Brent crude oil is trading at 66.89 dollars per barrel. Brent oil is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an upward trend in Oil. The test area of the Ichimoku Kinko Hyo signal line is near the level of 66.30, from which one should expect a rebound attempt and continue the development of the bullish trend with the target of growth near the level of 69.60 dollars per barrel. Analysis & forecast Brent Oil on January 4, 2018 Earlier, we received a weak signal for buy of Brent Oil, due…
The currency pair Euro Dollar EUR/USD continues to move within the framework of the formation of the bearish model «Wolfe Wave». At this point, we should expect an attempt to test the level of 1.2065 and the beginning of the fall of the euro/dollar with a target below 1.1880. EUR/USD forecast & technical analysis January 3, 2018 In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength index (RSI). Cancellation of the variant of the Euro/Dollar price drop will be a breakdown at the level of 1.2160, which will indicate the cancellation of…
Currency pair Pound Dollar GBP/USD continues to move within the limits of growth. At the moment, we should expect a test of the support level near the 1.3545 area and the continuation of the pair’s growth above the level of 1.3650. GBP/USD forecast & technical analysis January 3, 2018 In favor of the growth of the pair on Forex will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the growth variant of the Pound/Dollar will be a drop and breakdown at the level of 1.3505, which will indicate continuation of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of growth. At the moment, we should expect a test of the support level near 0.7790 and the continuation of the growth of quotations in the area above the level of 0.7900. AUD/USD forecast & technical analysis January 3, 2018 In favor of the growth of the AUD/USD pair, a support line test will be performed on the relative strength index (RSI), as well as a test of the lower boundary of the channel. The cancellation of the variant of the Australian Dollar price growth will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the «5-0» bearish pattern. At the moment, we should expect a test of level 112.75 and continuation of the fall in the area below the level of 111.00. In favor of the fall of USD/JPY, a resistance line test will be performed on the relative strength index (RSI). USD/JPY forecast & technical analysis January 3, 2018 The cancellation of the fall variant of the Dollar/Yen pair will result in a strong growth and a breakdown at level 113.30, which will indicate the breakdown of the…
Quotes of BRENT crude oil continue to move in line with growth. At this point, we should expect a test of the support level near the level of 66.40. Then continue the growth in the area above the level of 69.50. 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). BRENT forecast & technical analysis January 3, 2018 The abolition of the variant of rising oil prices will be a drop and breakdown at the level of 65.10 dollars per barrel, which will indicate…
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 resistance level near the area of 1.2610 and continue falling to the area below the level of 1.2360. USD/CAD forecast & technical analysis January 3, 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 area of 1.2660, which will indicate…
Quotes of GOLD XAU/USD continue to move within the limits of growth. At this point, we should expect an attempt to test the lower border of the channel near the area of 1310 and continue growing above the level of 1330. In favor of the growth of quotations XAU/USD will perform a test of the support line on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis January 3, 2018 Canceling the variant of the GOLD price increase will be the breakdown of the 1300 area, which will indicate the breakdown of the lower border of the…