Brent crude oil is trading at $ 64.18 a barrel. Brent oil is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Oil. The test area of the Ichimoku Kinko Hyo signal lines near level 63 is expected, from which it is expected to attempt a rebound and further development of the bullish trend with a target near the level of $ 67 per barrel. Analysis & forecast Brent Oil on November 8, 2017 Earlier, a strong signal was received for the buy of Brent Oil, due to the crossing of signal lines…
Author: forex24pro
Currency pair EUR/GBP Euro to British Pound is trading at 0.8824. The pair continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates a bearish trend in the pair Euro/Pound. Ichimoku Kinko Hyo Cloud is expected to test near the 0.8830 level, from which it is expected to attempt a rebound and further develop the bearish trend with a view to falling near the level of 0.8715. Euro Pound forecast EUR/GBP on November 8, 2017 Earlier, a weak signal was received for the sell of the pair Euro/Pound, due to the crossing of the signal…
The currency pair Euro Dollar EUR/USD continues to move within the fall. At the moment, we should expect an attempt to test the upper boundary of the bearish channel near the level of 1.1645 and continue falling below the level of 1.1460. EUR/USD prediction & technical analysis on November 7, 2017 In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of falling quotations of the euro/dollar on FOREX will be strong growth and breakdown at the level of 1.1720, which will indicate the continued growth…
Currency pair Pound Dollar GBP/USD continues to move within the limits of the decline. At this point, we should expect a rebound from the support level in the 1.3240 area and continue falling into the area below the level of 1.2825. In favor of reducing the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). GBP/USD prediction & technical analysis on November 7, 2017 Cancellation of the variant of the fall of the Pound/Dollar will be a strong growth and breakdown at the level of 1.3340, which will indicate the cancellation of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the moment, we should expect a test of the level of 0.7700 and continue falling below the level of 0.7520. In favor of the fall of the pair AUD/USD will form a reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). AUD/USD prediction & technical analysis on November 7, 2017 The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and a breakdown at the level of 0.7810, which will indicate the…
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 the level of 113.65 and continuation of the pair’s growth in the area above the level of 115.50. In favor of reducing the growth of the pair will perform a test of the support line on the indicator of relative strength index (RSI). USD/JPY prediction & technical analysis on November 7, 2017 The cancellation of the growth variant of the Dollar/Yen pair will result in a drop and a breakdown at the…
Quotes of BRENT crude oil continue to move in line with growth. At the moment, we should expect a decline in the area below the level of 60.50. Where can we expect a rebound and an attempt to form a reversal model «Head and shoulders», which will indicate the continuation of the fall in oil prices. Brent prediction & technical analysis on November 7, 2017 In favor of falling quotations and prices for oil BRENT is the breakdown of the resistance line on the indicator of relative strength index (RSI). Expect to accelerate the fall of quotations is with the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within a bearish correction. At the moment, you should expect to try the test area 1.2740. Where can we expect a rebound and the continued growth of USD/CAD quotations with a target above 1.3070. USD/CAD prediction & technical analysis on November 7, 2017 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support area on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth option on Forex will be the fall and breakdown of the area of 1.2690,…
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 1280 and continue falling prices for GOLD below the level of 1240. In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI). XAU/USD prediction & technical analysis on November 7, 2017 The cancellation of the variant of the fall in the price of GOLD will be the breakdown of the area of 1290, which will indicate that the price of GOLD XAU/USD will continue…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At this point, we should expect an attempt to test the upper border of the channel near the level of 0.6940 and continue falling with a target below 0.6680. NZD/USD prediction & technical analysis on November 7, 2017 In favor of continuing the fall of the pair on Forex will test the resistance area 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 0.7035…