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…
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 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…
Currency pair Dollar Franc USD/CHF continues to move within the framework of the «Bullish Triangle» model formation. At this point, you should expect to try the test level of 0.9970 and continue growing above the level of 1.0205. USD/CHF prediction & technical analysis on November 7, 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). The cancellation of the growth of the USD/CHF pair on Forex will be the fall and breakdown of the area of 0.9910, which will indicate that the USD/CHF…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of growth. At the moment, we should expect a test of the breakthrough support level near 58.50 and the continuation of growth in the area above the level of 60.75. USD/RUB prediction & technical analysis on November 7, 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…
Zcash ZEC/USD is trading at 226. Cryptocurrency is traded within the Ichimoku Kinko Hyo Indicator Cloud, indicating a flat trend in Zcash. Ichimoku Kinko Hyo Cloud near the level 220 is expected to be tested near the level, from which one should expect a rebound and an attempt of further growth with a goal above the level of 250. An additional signal in favor of the growth of the cryptocurrency will be the formation of the «Head and Shoulders» reversal model. Zcash forecast & analysis ZEC/USD on November 7, 2017 Earlier, a weak signal was received for buy of Zcash…
Ripple XRP/USD is trading at the level of 0.1982. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.1950 level, from which it is expected to rebound and continue the growth of the crypto currency with the target close to 0.2340. Ripple prediction & analysis XRP/USD on November 7, 2017 Earlier, a weak signal was received for sell of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1955. The cancellation…
Monero XMR/USD is traded at level 89. 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 Cloud near the level 87 is expected to be tested near the level of 87, from which we expect a rebound and the continued growth of the cryptocurrency with a target at level 100. Monero forecast & analysis XMR/USD on November 7, 2017 Earlier we received a weak signal for buy of the Monero cryptocurrency, by crossing the signal lines at level 85. The cancellation of the…
Litecoin LTC/USD is trading at level 54. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the level 53, from which we should expect a rebound and an attempt to continue the growth of LTC/USD with a target above the level of 60. Litecoin forecast & analysis LTC/USD on November 7, 2017 Earlier, we received a weak signal for buy of Litecoin cryptocurrency due to crossing of signal lines at level 53. The cancellation of the growth…