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…
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.
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…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the upward correction. At the moment, we should expect a test of the resistance level near 59.10 and the continuation of the fall of the pair in the area below the level of 57.80. USD/RUB forecast & technical analysis on December 7, 2017 In favor of the fall of the pair USD/RUB will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the USD/RUB fall variant on Forex will be a strong growth and breakdown of the region of 59.30…
Zcash ZEC/USD is trading at 317. Cryptocurrency is trading 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 it is expected to rebound and attempt to continue growth with a target higher than 380. Zcash forecast & analysis ZEC/USD on December 7, 2017 Earlier, a strong signal was received for buy of Zcash cryptocurrency due to the crossing of signal lines at level 315. Canceling the variant of growth of Zcash quotes there will be a breakdown of…
Ripple XRP/USD is trading at the level of 0.2256. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.2350 is expected, from which it is expected to rebound and continue falling of the cryptocurrency with the target close to 0.2100. Ripple forecast & analysis XRP/USD on December 7, 2017 Earlier, a strong signal was received for sell of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2360. Cancellation of the variant of…
Monero XMR/USD is trading at 279. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Monero. Ichimoku Kinko Hyo signal line area test is near the 260 level, from which it is expected to rebound and continue the growth of the cryptocurrency with the target at 320. Monero forecast & analysis XMR/USD on December 7, 2017 Earlier, a strong signal was received for buy of the Monero cryptocurrency, by crossing the signal lines at level 178. Canceling the variant of the growth of quotations Monero there will be…
Litecoin LTC/USD is trading at 98. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. The Ichimoku Kinko Hyo signal line area test is expected near the level 96, from which one should expect a rebound and an attempt to continue LTC/USD growth with a target above the level of 115. Litecoin forecast & analysis LTC/USD on December 7, 2017 Earlier, a weak signal was received for the sell of Litecoin cryptocurrency, by crossing the signal lines at level 100. Canceling the option the growth of Litecoin will be a…
Ethereum ETH/USD is traded at 440. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud near the level 445 is expected to be tested near the level of 445, where we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 400. Ethereum forecast & analysis ETH/USD on December 7, 2017 Earlier, we received a weak signal for sell of the Ethereum cryptocurrency, by crossing the signal lines at 460 level. there will be a breakdown of the…