Quotes of BRENT crude oil continue to move in line with growth. At this point, we should expect an attempt to test the level of 64 and continue in the fall area below level 58 as part of the development of the reversal model «Double top». In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). BRENT crude oil technical analysis on November 29, 2017 Expect to accelerate the decline of BRENT is with a breakdown of the trend line and closing below 62.50. The abolition of…
Author: forex24pro
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of an upward correction. At this point, we should expect an attempt to test the broken model of the «Triangle» at the level of 1.2800 and continue the growth in the area above the level of 1.2985. USD/CAD prediction & technical analysis on November 29, 2017 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD growth option on Forex will be the fall…
Quotes of GOLD XAU/USD continue to move within the framework of the «Triangle» model. At the moment, we should expect a test of the 1295 level and continue falling below the level of 1270. In favor of falling quotations XAU/USD is the formation of the reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). XAU/USD prediction & technical analysis on November 29, 2017 Canceling the option of reducing the price of GOLD will be a breakdown of area 1305, which indicates the breakdown of the upper boundary of the model «Triangle» and the continued growth. Expect…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. At the moment, we should expect a test of the level of 0.6920 and continuation of the fall into the area below the level of 0.6650. NZD/USD prediction & technical analysis on November 29, 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 breakout of the area of 0.6970,…
Currency pair Dollar Franc USD/CHF continues to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near 0.9875 and continue falling below 0.9750. In favor of the fall of the pair, Dollar/Frank will test the resistance area on the relative strength index (RSI). USD/CHF prediction & technical analysis on November 29, 2017 Canceling the fall of the USD/CHF pair on Forex will be the growth and breakdown of the area 0.9920, which will indicate the breakdown of the upper border of the channel and the continuation of the…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the limits of the decline. At the moment, we should expect a test of level 58.25 and continue the growth of the pair in the area above the level of 59.20. USD/RUB prediction & technical analysis on November 29, 2017 In favor of the growth of the pair USD/RUB is the formation of the reversal model «Head and Shoulders». The cancellation of the growth of the USD/RUB pair on Forex will be the fall and breakdown of the region of 57.90 rubles to the US dollar, which indicates…
Bitcoin Cash BCH/USD is traded at the level of 1536. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin Cash. The upper limit of the Ichimoku Kinko Hyo Cloud is expected near the 1500 level, from which it is expected to attempt a rebound and continue growth with a view near 1950. Bitcoin Cash prediction & analysis on November 29, 2017 An additional signal in favor of the growth of the cryptocurrency quotes will be an uptrend line test. Earlier, a medium strength signal was received for buy of…
Bitcoin BTC/USD is traded at the level of 9915. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo signal line area test near the 9800 level is expected, from which it is expected to rebound and continue growth with the target close to 10650. Bitcoin prediction & analysis BTC/USD on November 29, 2017 An additional signal in favor of the remainder of the cryptocurrency is the breakdown of the upper limit of the «Triangle» model. Earlier, a weak signal was received for the buy of Bitcoin cryptocurrency…
Dash DSH/USD is trading at 610. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. Ichimoku Kinko Hyo signal line area test near the level 605 is expected, from which we should expect a rebound and an attempt to continue growth with the target at 720. Dash prediction & analysis DSH/USD on November 29, 2017 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a strong signal was received for buy of Dash cryptocurrency due…
Ethereum Classic ETC/USD is trading at 30.34. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near the level of 28.40 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 36.50. Ethereum Classic prediction & analysis on November 29, 2017 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the bullish channel. Earlier, a strong…