Quotes of BRENT crude oil continue to move in line with growth. At the moment, we should expect a drop in quotations to the lower channel boundary at 62.70. Where can we expect a rebound and the continuation of the rise in oil prices above the level of 66. Brent prediction & technical analysis on November 10, 2017 In favor of the growth of quotations and prices for oil BRENT will perform a resistance test on the indicator of relative strength index (RSI). Abolition of the variant of oil price growth will be a drop and breakdown of the level…
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.
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within a bearish correction. At this point, we should expect an attempt to rebound from the area of support and continue growth with a target above the level of 1.30. In favor of the growth of quotations of the Canadian Dollar is the test of an bullish trendline on the indicator of relative strength index (RSI). USD/CAD prediction & technical analysis on November 10, 2017 The cancellation of the USD/CAD growth option on Forex will be the fall and breakdown of the area of 1.2650, which will indicate the…
Quotes of GOLD XAU/USD continue to move within the framework of the «Triangle» model. At the moment, we should expect an attempt to test the level of 1285 and continue the fall in gold prices below the level of 1240. In favor of falling prices XAU/USD comes the resistance line test on the indicator of relative strength index (RSI), as well as the formation of the bearish model of «Wolfe Waves». XAU/USD prediction & technical analysis on November 10, 2017 Canceling the variant of falling prices for GOLD will be a breakdown of the area of 1300, which will indicate…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of the bullish correction. At this point, we should expect a test of the resistance level near 0.7030 and the continuation of the fall with a target below 0.6730. NZD/USD prediction & technical analysis on November 10, 2017 In favor of reducing the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the New Zealand Dollar forex quotation will result in a strong growth and breakdown of the area of 0.7085, which…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of growth. At this point, we should expect an attempt to test the support level near 58.60 and continue growth in the area above the level of 60.60. USD/RUB prediction & technical analysis on November 10, 2017 In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth of the USD/RUB pair on Forex will be the fall and breakdown of the area of 57.70 Rubles per…
Zcash ZEC/USD is trading at 244. Cryptocurrency is trading above the upper bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating that there is an bullish trend in Zcash. Ichimoku Kinko Hyo signal line area test is expected near the level of 240, from which one should expect a rebound and an attempt of further growth with the goal above the level of 265. An additional signal in favor of the growth of the cryptocurrency is the formation of the «Head and Shoulders» reversal model. Zcash forecast & analysis ZEC/USD on November 10, 2017 Earlier, we received a weak signal…
Ripple XRP/USD is trading at the level of 0.2107. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.2070 is expected, from which it is expected to rebound and continue the growth of the cryptocurrency with the target close to 0.2350. Ripple prediction & analysis XRP/USD on November 10, 2017 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a strong signal…
Monero XMR/USD is trading at level 112. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Monero. Ichimoku Kinko Hyo signal line area test is near the 107 level, from which it is expected to rebound and continue the growth of the cryptocurrency with the target at level 130. Monero forecast & analysis XMR/USD on November 10, 2017 An additional signal in favor of the growth of the cryptocurrency will be the test of the lower border of the bullish channel. Earlier, a weak signal was received for buy of the…
Litecoin LTC/USD is trading at 62. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. Ichimoku Kinko Hyo signal line area test near level 60 is expected, from which we should expect a rebound and an attempt to continue LTC/USD growth with a goal above the level of 70. Litecoin forecast & analysis LTC/USD on November 10, 2017 An additional signal in favor of the growth of the cryptocurrency will be the test of the lower border of the bullish channel. Earlier, a weak signal was received for buy of…
Ethereum ETH/USD is traded at the level of 313. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. A test of the Ichimoku Kinko Hyo signal line area near the level 305 is expected, from which we expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at level 330. Ethereum forecast & analysis ETH/USD on November 10, 2017 Earlier, a medium strength signal was obtained for buy of the Ethereum cryptocurrency, by crossing the signal lines at level 291. Cancellation of the…