Zcash ZEC/USD is trading at 289. Cryptocurrency is traded below the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the level 305 is expected to be tested near the level of 305, from which one should expect a rebound and an attempt to continue falling with a target below the level of 260. Zcash forecast & analysis ZEC/USD on December 8, 2017 Earlier, a weak signal was received for sell of Zcash cryptocurrency, due to the crossing of signal lines at 320 level. there will be a breakdown of…
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.
The currency pair Euro Dollar EUR/USD continues to move within the limits of the decline. At this point, we should expect an attempt to test the broken channel border near the level of 1.1850 and continue the fall of the euro dollar with a target below the level of 1.1690. EUR/USD forecast & technical analysis on December 7, 2017 In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price decline will be a breakdown at the level of 1.1905, which will indicate…
Currency pair Pound Dollar GBP/USD continues to move within a bearish correction. At the moment, we should expect a test of the level of 1.3430 and continuation of the fall of the pair in the area below the level of 1.3120. In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). GBP/USD forecast & technical analysis on December 7, 2017 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 indicate that the pair…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the downward channel. At this point, we should expect an attempt to test the upper boundary of the channel near the level of 0.7615 and continue the fall of the pair with a target below the level of 0.7450. In favor of the fall of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI). AUD/USD forecast & technical analysis on December 7, 2017 The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and breakdown…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the fall. At the moment, expect a resistance level near 112.55 and continue to fall below 110.65. 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 7, 2017 The cancellation of the continuation of the fall of the pair Dollar/Yen will be strong growth and breakdown at 113.40, which will indicate the breakdown of the resistance level and the continued growth of the pair USD/JPY on Forex. Expect…
Quotes of BRENT crude oil continue to move within the framework of the formation of the reversal model «Double Top». At the moment, we should expect a test of the level 63.60. Further continuation of the fall in the area below the level of 58 as part of the development of the reversal model «Double Top». BRENT crude oil technical analysis on December 7, 2017 In favor of falling quotations and oil prices, BRENT will perform a downward trend test on the indicator of relative strength index (RSI). Expect to accelerate the decline of BRENT is with the breakdown of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of strong growth. At this point, we should expect an attempt to test the level of 1.2820 and the beginning of the fall in the area below the level of 1.2590 within the framework of the formation of the bullish model«Wolfe Wave». USD/CAD forecast & technical analysis on December 7, 2017 In favor of falling quotations of the Canadian Dollar will perform a test of the resistance line on the indicator of relative strength. The cancellation of the USD/CAD fall on the Forex market will be…
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 1272 and continue falling below the level of 1250. In favor of lowering the quotes XAU/USD will test the resistance line on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis on December 7, 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 upper border of the channel and the continuation…
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 0.6910 and continuation of the fall into the area below the level of 0.6720. NZD/USD forecast & technical analysis on December 7, 2017 In favor of the fall of the pair NZD/USD, a resistance line test will be performed on the indicator of relative strength index (RSI). The cancellation of the New Zealand Dollar forex quotation will result in a strong growth and a breakout of the…
Currency pair Dollar Franc USD/CHF continues to move within the framework of an bullish correction. At this point, we should expect an attempt to test the upper border of the channel near 0.9845 and continue growing with a target above 0.9980. USD/CHF forecast & technical analysis on December 7, 2017 In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth of the USD/CHF pair on FOREX will be the fall and breakdown of the area of 0.9710, which will indicate…