Monero XMR/USD is traded at the level of 260. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Monero. The test area of the Ichimoku Kinko Hyo signal lines near the 255 level is expected, from which it is expected to rebound and continue the growth of the cryptocurrency with the target at 325. Monero forecast & analysis XMR/USD on December 10, 2017 An additional signal in favor of the growth of the cryptocurrency will be the test of the lower boundary of the bullish channel. Earlier,…
Author: forex24pro
Ripple XRP/USD is trading at the level of 0.2381. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 0.2390 is expected, from which it is expected to rebound and continue falling of the cryptocurrency with the target near 0.2070. Ripple forecast & analysis XRP/USD on December 10, 2017 Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2170. Cancellation of the variant…
Zcash ZEC/USD is trading at 323. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level 315, from which one should expect a rebound and an attempt to continue growth with the goal above the level of 405. Zcash forecast & analysis ZEC/USD on December 10, 2017 Earlier, a weak signal was obtained for buy of Zcash cryptocurrency due to the crossing of signal lines at 310. Zcash there will be a breakdown of the lower boundary of the…
Currency pair Euro Dollar EUR/USD closes the trading week near the area of 1.1755. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the area of 1.1860 and continue falling to the area below the level of 1.1450. In favor of the fall of EUR/USD, a resistance area test will be performed on the relative strength indicator. EUR/USD weekly forecast on on December 11 — 15, 2017 The abolition of the fall option will be a strong growth and breakdown at the level of 1.2050, indicating that the pair will continue…
Quotes of BRENT crude oil close the trading week near the area of $ 63.02 per barrel. It is worth waiting for an attempt to test the level of 65 and the beginning of the fall in the support area at $ 57 per barrel. An additional signal in favor of falling oil quotations is the resistance line test on the indicator of relative strength index (RSI). BRENT crude oil forecast on on December 11 — 15, 2017 The cancellation of the variant of falling quotes and prices for BRENT oil in the current trading week will be the breakdown…
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3408. The pair continues to move within the bullish channel. At this point, we should expect an attempt to test the level of 1.3500 and continue falling quotations in the region at the level of 1.2820. GBP/USD weekly forecast on on December 11 — 15, 2017 In favor of the decline of the British Pound is the test of the resistance area on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head and Shoulders». Expect to accelerate the fall…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 59.10 Rubles per US Dollar. The pair continues to move within the framework of the «Triangle» model. At the moment, we should expect a test of the support level near the area of 58.30 and the continued growth of the pair above the level of 62.00. USD/RUB weekly forecast on on December 11 — 15, 2017 In favor of the growth of the Dollar/Ruble pair will perform a test of the support line on the indicator of relative strength index (RSI). The abolition of…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7517. The pair continues to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near the level of 0.7550 and continue falling below the level of 0.7350. AUD/USD weekly forecast on on December 11 — 15, 2017 In favor of the fall of the pair, a resistance line test will be performed on the indicator of relative strength index (RSI). The cancellation of the AUD/USD fall will result in a strong growth and…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2852. The pair continues to move within the framework of growth. At the moment, we should expect an attempt to fall to the lower boundary of the channel near the level of 1.2550 and continue growth with the target above the level of 1.3170. USD/CAD weekly forecast on on December 11 — 15, 2017 In favor of continuing the growth of the pair will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the continuation…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 113.25. At this point, we should expect a test of level 113.60 and continuation of the fall of the pair into the area below the level of 109.90. In favor of the fall, the Dollar/Yen will test the resistance line on the indicator of relative strength index (RSI). USD/JPY weekly forecast on on December 11 — 15, 2017 The cancellation of the USD/JPY decline in the current trading week will be strong growth and breakdown of the 115.20 area, which will indicate…