Ripple XRP/USD is trading at 0.2241. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.2300 level, from which it is expected to rebound and continue falling of the cryptocurrency with the target close to 0.1950. Earlier, a strong signal was received for sell of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2360. Ripple forecast & analysis XRP/USD on December 9, 2017 Cancellation of the variant of falling of quotations Ripple will become…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Zcash ZEC/USD is trading at the level of 305. Cryptocurrency is traded below the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the 310 level is expected to be tested near the 310 level, from which one should expect a rebound and an attempt to continue the fall with a target below the level of 250. Zcash forecast & analysis ZEC/USD on December 9, 2017 Earlier, a weak signal was received for sell of Zcash cryptocurrency due to the crossing of signal lines at 320. Zcash there will…
The currency pair Euro Dollar EUR/USD continues to move within the limits of the decline. At the moment, we should expect an attempt to test the resistance level near 1.1830 and continue the fall of the euro/dollar with a target below 1.1670. EUR/USD forecast & technical analysis on December 8, 2017 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 decline will be a breakdown at the level of 1.1860, which will indicate the continued growth of the Euro/Dollar pair above the…
Currency pair Pound Dollar GBP/USD continues to move within a downward correction. At the moment, we should expect a test of the level of 1.3430 and continuation of the fall of the pair into the area below the level of 1.3170. GBP/USD forecast & technical analysis on December 8, 2017 In favor of the fall of the pair on Forex will perform a test of the broken resistance line on the indicator of relative strength index (RSI). The abolition of the variant of the Pound/Dollar decline will be a strong growth and breakdown at the level of 1.3590, which will…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the downward channel. At the moment, we should expect a test of the resistance level near 0.7560 and the continuation of the fall of the pair with a target below the level of 0.7410. In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator of relative strength index (RSI). AUD/USD forecast & technical analysis on December 8, 2017 The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and breakdown at the level…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At this point, we should expect a test of level 113.30 and continue falling into the area below the level of 111.60. In favor of the USD/JPY decline, a resistance line test will be performed on the relative strength index (RSI). USD/JPY forecast & technical analysis on December 8, 2017 The cancellation of the continuation of the fall of the Dollar/Yen pair will result in a strong growth and breakdown at the level of 113.60, which will indicate the breakdown of…
Quotes of BRENT crude oil continue to move within the framework of the development of the reversal model «Double Top». At this point, we should expect a test of resistance level near the area 62.20. Further continuation of the fall in the area below the level of 59.45. In favor of falling quotations and oil prices, BRENT will perform a bearish trend test on the indicator of relative strength index (RSI). BRENT crude oil technical analysis on December 8, 2017 Expect to accelerate the decline of BRENT is with the breakdown of the nearest support and closing below 61.00. The…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the growth framework. At this point, we should expect an attempt to test the level of 1.2840 and the beginning of the fall in the area below the level of 1.2590 within the framework of the formation of the bullish «Wolfe Wave» model. 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). USD/CAD forecast & technical analysis on December 8, 2017 The cancellation of the USD/CAD fall on the Forex market will…
Quotes of GOLD XAU/USD continue to move within the limits of the decline. At this point, we should expect an attempt to test the resistance level near the level of 1260 and continue falling below the level of 1230. In favor of lowering the quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis on December 8, 2017 Canceling the variant of falling prices for GOLD will be the breakdown of the area of 1275, which will indicate the breakdown of the «Triangle» border and the continuation of growth in…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the limits of the decline. At the moment, we should expect a test of the level of 0.6870 and continuation of the fall into the area below the level of 0.6700. In favor of the fall of the pair NZD/USD will break the support line on the indicator of relative strength index (RSI). NZD/USD forecast & technical analysis on December 8, 2017 The cancellation of the New Zealand Dollar forex quotation will result in a strong growth and breakout of the area of 0.6960,…