Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the bearish channel. At the moment, we should expect a test of level 113.20 and continue falling into the area below the level of 110.50. In favor of the USD/JPY decline, a resistance line test will be performed on the relative strength index (RSI), and the formation of the «Head and Shoulders» reversal model will take place. USD/JPY forecast & technical analysis on December 21, 2017 The cancellation of the fall variant of the Dollar/Yen pair will result in a strong growth and a breakdown…
Author: forex24pro
Quotes of BRENT crude oil continue to move within the flat movement. At the moment, we should expect a test of the level of 64.30. Further continuation of the fall in the area below the level of 60.70. 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 December 21, 2017 The abolition of the fall in oil prices will be a strong increase and a breakdown of 65.90 dollars per barrel, which will indicate the breakdown of the resistance level…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the bearish channel. At the moment, we should expect an attempt to test the upper border of the channel near 1.2885 and continue falling to the area below the level of 1.2620. 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 21, 2017 Canceling the USD/CAD fall on the FOREX market will be a strong growth and breakdown of the area of 1.2940, which will…
Quotes of GOLD XAU/USD continue to move within the bearish channel. At this point, we should expect an attempt to test the resistance level near the 1265 area and continue falling below the level of 1240. 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 21, 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 resistance level and the continuation of growth in the area above…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At this point, we should expect an attempt to test the lower border of the channel near the level of 0.6950, then continue the growth of the pair with a target above 0.7150. NZD/USD forecast & technical analysis on December 21, 2017 In favor of the growth of the pair NZD/USD will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of growth of quotations of the New Zealand Dollar on Forex…
Currency pair Dollar Franc USD/CHF continues to move within the correction. At this point, we should expect an attempt to test the support level near the area of 0.9840 and the continuation of the US Dollar against the Swiss Franc with a target above 1.0030. USD/CHF forecast & technical analysis on December 21, 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), as well as the formation of the bullish «Wolfe Wave» model. Canceling the growth of the pair USD/CHF on FOREX…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the limits of the decline. At this point, we should expect a test of the level of 58.40 and the pair’s growth in the area above the level of 59.20. In favor of the growth of the pair USD/RUB is the test of the support line on the indicator of relative strength index (RSI). USD/RUB forecast & technical analysis on December 21, 2017 Cancellation of the growth option for the pair USD/RUB on FOREX will be a drop and a breakdown of the level of 58.10 rubles per dollar,…
Bitcoin Cash BCH/USD is trading at 2958. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is near the 2650 level, from which it is expected to attempt a rebound and continue growth with the target close to 3700. Bitcoin Cash forecast & analysis on December 21, 2017 Earlier, a strong signal was received for buy of Bitcoin Cash cryptocurrency, by crossing the signal lines at 1850 level. Cancellation of the growth rate quotes of BCH/USD will become a breakdown of the…
Bitcoin BTC/USD is trading at the level of 17000. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud near the level 16200 is expected to be tested near the level of 16200, from which we should expect a rebound and an attempt to continue growth with the target close to 20000. Bitcoin forecast & analysis BTC/USD on December 21, 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, a weak…
Dash DSH/USD is trading at 1491. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 1400, from which it is expected to rebound and attempt to continue growth with the target at the level of 1700. An additional signal in favor of the growth of the cryptocurrency will be the upper channel test. Dash forecast & analysis DSH/USD on December 21, 2017 Earlier, we received a weak signal for buy of Dash cryptocurrency due…