Bitcoin BTC/USD is trading at 12727. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the 12350 level is expected, from which it is expected to rebound and continue growth with the target near 14050. Bitcoin forecast & analysis BTC/USD on December 7, 2017 Earlier, a strong signal was received for buy of Bitcoin cryptocurrency due to the crossing of signal lines at the level of 10250. The abolition of the variant of Bitcoin quotations growth will be a breakdown…
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.
Bitcoin Cash BCH/USD is trading at 1409. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test the lower boundary near the level of 1390, from which it is expected to attempt a rebound and continue growth with a view near 1670. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower boundary of the bullish channel. Bitcoin Cash forecast & analysis on December 7, 2017 Earlier, a weak signal was received for sell of the Bitcoin…
The currency pair Euro Dollar EUR/USD continues to move within the correction. 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 1.1720. EUR/USD forecast & technical analysis on December 6, 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 1.1905, which will indicate a return of quotes to the channel and…
Currency pair Pound Dollar GBP/USD continues to move within the rising channel. At the moment, we should expect an attempt to test the lower border of the channel near the level of 1.3390 and continue the growth of the pair in the area above the level of 1.3640. GBP/USD forecast & technical analysis on December 6, 2017 In favor of the growth of the pair on Forex is the test of the support line on the indicator of relative strength index (RSI). Cancellation of the growth variant of the Pound/Dollar will be a drop and a breakdown at the level…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the downward channel. At the moment, we should expect an attempt to test the upper border of the channel near the level of 0.7625 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 6, 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 within the framework of the bullish correction. At this point, we should expect a resistance level near 112.85 and continue to fall below 111.50. In favor of the fall of USD/JPY is the formation of the reversal model «Failure Swing» on the indicator of relative strength index (RSI). USD/JPY forecast & technical analysis on December 6, 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…
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 6, 2017 In favor of falling quotes and oil prices, BRENT will test the downward trend line 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 near the support level. At the moment, we should expect an attempt to test the level of 1.2645 and continue growth in the area above the level of 1.2875. USD/CAD forecast & technical analysis on December 6, 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 and breakdown of the area of 1.2600, which will indicate the…
Quotes of GOLD XAU/USD continue to move within the framework of the «Triangle» model. At this point, we should expect an attempt to test the breached model border near the level of 1270 and continue falling below the level of 1250. In favor of lowering the quotes XAU/USD is the resistance line test on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis on December 6, 2017 Canceling the variant of falling prices for GOLD will be the breakdown of area 1275, which will indicate the breakdown of the lower boundary of the «Triangle» model and the…
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 0.6890 and continuation of the fall in the area below the level of 0.6730. NZD/USD forecast & technical analysis on December 6, 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…