GOLD XAU/USD close the trading week near the area of 1258. Quotes continue to move within the limits of the decline. At the moment, we should expect a test of the lower limit of the Triangle model near the level of 1265 and continuation of the fall below the level of 1210. XAU/USD weekly forecast on December 18 — 22, 2017 In favor of falling quotes and prices for GOLD, a bearish test on the relative strength index (RSI) will perform. The cancellation of the fall in XAU/USD quotations will result in a strong growth and breakdown of the 1285…
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 the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7028. The pair continues to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near the level of 0.7100 and continue the fall of the pair below the level of 0.6500. NZD/USD weekly forecast on December 18 — 22, 2017 In favor of the fall of NZD/USD is the resistance line test on the indicator of relative strength index (RSI). The abolition of the decline option will be a strong…
Currency pair USD/CHF Dollar Franc completes the trading week near the level of 0.9874. At the moment, we should expect an attempt to test the level of 0.9790 and continue the growth of the pair with a target above 1.0270 as part of the start of the development of the «Head and Shoulders» reversal model. USD/CHF weekly forecast on December 18 — 22, 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). Cancellation of the USD/CHF growth scenario will be the fall and…
Bitcoin Cash BCH/USD is traded at the level of 1466. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin Cash. The test area of the Ichimoku Kinko Hyo cloud is expected near the level of 1400, from which it is expected to attempt a rebound and continue growth with the target near 1805. An additional signal in favor of the growth of the cryptocurrency will be the upper bound of the «Triangle» model. Bitcoin Cash forecast & analysis on December 16, 2017 Earlier, a weak signal was received for…
Bitcoin BTC/USD is trading at 17343. 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 is near the level of 16900, from which we expect a rebound and an attempt to continue growth with the target close to 19700. Earlier, a strong signal was received for buy of Bitcoin cryptocurrency due to the crossing of signal lines at 15200. Bitcoin forecast & analysis BTC/USD on December 16, 2017 An additional signal in favor of the growth of the cryptocurrency will test the ascending…
Dash DSH/USD is traded at the level of 855. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. The test area of the Ichimoku Kinko Hyo cloud is expected near the level of 830, from which we should expect a rebound and an attempt to continue growth with the target at 985. Dash forecast & analysis DSH/USD on December 16, 2017 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a weak signal was received…
Ethereum Classic ETC/USD is trading at the level of 26.41. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud upper limit test is expected near 26.20, from which it is expected to attempt a rebound and continue growth with the target near the level of 32.50. Ethereum Classic forecast & analysis on December 16, 2017 Earlier, a weak signal was received for sell of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 27.20. The…
Ethereum ETH/USD is traded at the level of 642. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Ethereum. Ichimoku Kinko Hyo signal line area test is near the 625 level, from which we expect a rebound and an attempt to continue the growth of the cryptocurrency with the target at the level of 795. Ethereum forecast & analysis ETH/USD on December 16, 2017 Earlier, a weak signal was received for buy of Ethereum cryptocurrency due to crossing of the signal lines at level 445. By abolishing…
Litecoin LTC/USD is trading at 279. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. A test of the Ichimoku Kinko Hyo signal line area near level 265 is expected, from which we should expect a rebound and an attempt to continue the growth of LTC/USD with a target above the level of 405. Litecoin forecast & analysis LTC/USD on December 16, 2017 Earlier, a strong signal was received for buy of Litecoin cryptocurrency, by crossing signal lines at level 105. Canceling option growth of Litecoin will be a breakdown…
Monero XMR/USD is trading at the level of 303. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Monero. Ichimoku Kinko Hyo signal line area test near the level 290 is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at the level of 370. Monero forecast & analysis XMR/USD on December 16, 2017 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a…