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 9, 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…
Author: forex24pro
Litecoin LTC/USD is trading at the level of 97. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 95 is expected to be tested near the level 95, from which one should expect a rebound and an attempt to continue the growth of LTC/USD with a target above the level of 115. Litecoin forecast & analysis LTC/USD on December 9, 2017 Earlier, a weak signal was received for the sell of Litecoin cryptocurrency, by crossing the signal lines at level…
Monero XMR/USD is trading at 240. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is a bullish trend in Monero. The test area of Ichimoku Kinko Hyo signal lines near the level of 230 is expected, from which we should expect a rebound and the continued growth of the cryptocurrency with a target at level 305. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower boundary of the uplink. Monero forecast & analysis XMR/USD on December 9, 2017 Earlier, a strong signal…
Ripple XRP/USD is trading at 0.2241. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.2300 level, from which it is expected to rebound and continue falling of the cryptocurrency with the target close to 0.1950. Earlier, a strong signal was received for sell of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2360. Ripple forecast & analysis XRP/USD on December 9, 2017 Cancellation of the variant of falling of quotations Ripple will become…
Zcash ZEC/USD is trading at the level of 305. Cryptocurrency is traded below the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the 310 level is expected to be tested near the 310 level, from which one should expect a rebound and an attempt to continue the fall with a target below the level of 250. Zcash forecast & analysis ZEC/USD on December 9, 2017 Earlier, a weak signal was received for sell of Zcash cryptocurrency due to the crossing of signal lines at 320. Zcash there will…
The currency pair Euro Dollar EUR/USD continues to move within the limits of the decline. At the moment, we should expect an attempt to test the resistance level near 1.1830 and continue the fall of the euro/dollar with a target below 1.1670. EUR/USD forecast & technical analysis on December 8, 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 1.1860, which will indicate the continued growth of the Euro/Dollar pair above the…
Currency pair Pound Dollar GBP/USD continues to move within a downward correction. At the moment, we should expect a test of the level of 1.3430 and continuation of the fall of the pair into the area below the level of 1.3170. GBP/USD forecast & technical analysis on December 8, 2017 In favor of the fall of the pair on Forex will perform a test of the broken resistance line on the indicator of relative strength index (RSI). The abolition of the variant of the Pound/Dollar decline will be a strong growth and breakdown at the level of 1.3590, which will…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the downward channel. At the moment, we should expect a test of the resistance level near 0.7560 and the continuation of the fall of the pair with a target below the level of 0.7410. In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator of relative strength index (RSI). AUD/USD forecast & technical analysis on December 8, 2017 The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and breakdown at the level…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At this point, we should expect a test of level 113.30 and continue falling into the area below the level of 111.60. In favor of the USD/JPY decline, a resistance line test will be performed on the relative strength index (RSI). USD/JPY forecast & technical analysis on December 8, 2017 The cancellation of the continuation of the fall of the Dollar/Yen pair will result in a strong growth and breakdown at the level of 113.60, which will indicate the breakdown of…
Quotes of BRENT crude oil continue to move within the framework of the development of the reversal model «Double Top». At this point, we should expect a test of resistance level near the area 62.20. Further continuation of the fall in the area below the level of 59.45. In favor of falling quotations and oil prices, BRENT will perform a bearish trend test on the indicator of relative strength index (RSI). BRENT crude oil technical analysis on December 8, 2017 Expect to accelerate the decline of BRENT is with the breakdown of the nearest support and closing below 61.00. The…