Quotes GOLD XAU/USD close the trading week near the area of 1267. Quotes continue to move in the formation of the model «Triangle». At this point, we should expect a rebound test of the lower boundary of the channel and the continuation of the fall below the level of 1210. XAU/USD weekly forecast on November 6 — 10, 2017 In favor of falling quotations and prices for GOLD, a breakdown of the support line on the indicator of relative strength index (RSI) will perform. The cancellation of the fall of XAU/USD quotations will result in a strong growth and breakdown…
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 0.6909. The pair continues to move within the framework of the bullish correction. At the moment, we should expect an attempt to test the upper border of the channel and continue falling below the level of 0.6680. NZD/USD weekly forecast on November 6 — 10, 2017 In favor of the fall of NZD/USD, a trend line test will be performed on the relative strength indicator (RSI). The cancellation of the fall option will result in a strong growth and breakdown of the…
Currency pair USD/CHF Dollar Franc completes the trading week near the level of 1.00. At the moment, we should expect an attempt to test the lower border of the channel and continue growth with the target near the level of 1.0250. 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). USD/CHF weekly forecast on November 6 — 10, 2017 Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of 0.9850, which will indicate the continued decline in the…
Zcash ZEC/USD is trading at 217. Cryptocurrency is traded below the lower bound of the Cloud of the Ichimoku indicator Kinko Hyo, indicating a bullish trend for Zcash. Ichimoku Kinko Hyo signal line area test is near the 225 level, from which it is expected to rebound and attempt a further fall with a target below level 195. Zcash forecast & analysis ZEC/USD on November 4, 2017 An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance level. Earlier, a weak signal was received for sell of Zcash cryptocurrency, due to the…
Ripple XRP/USD is trading at the level of 0.1953. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend over Ripple. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.1970 level, from which it is expected to rebound and continue the decline of the cryptocurrency with the target close to 0.1720. An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel. Ripple prediction & analysis XRP/USD on November 4, 2017 Earlier, a strong signal was received…
Monero XMR/USD is trading at 83. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. The test area of Ichimoku Kinko Hyo signal lines near level 85 is expected, from which we should expect a rebound and the continued fall of the cryptocurrency with a target at level 75. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Monero forecast & analysis XMR/USD on November 4, 2017 Earlier, a strong signal was received to sell the Monero cryptocurrency, by crossing the signal…
Litecoin LTC/USD is trading at 53. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the 55 level is expected to be near the level of 55, from which one should expect a rebound and an attempt to continue the LTC/USD fall below the level of 45. Litecoin forecast & analysis LTC/USD on November 4, 2017 Earlier, a signal of medium strength signal for sell of Litecoin crypto currency was obtained, due to intersection of signal lines at level 55. Cancellation of the Litecoin fall…
Ethereum ETH/USD is traded at the level of 295. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level 300, from which we expect a rebound and an attempt to continue the fall of the crypto currency with a target at the level of 270. An additional signal in favor of the drop of the cryptocurrency will be the test of the upper boundary of the bearish channel. Ethereum forecast & analysis ETH/USD on November 4, 2017 Earlier,…
Ethereum Classic ETC/USD is trading at 10.11. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The Ichimoku Kinko Hyo cloud is expected to test near the 10.20 level, from which it is expected to attempt a rebound and continue falling with the target near the level of 8.90. An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel. Ethereum Classic forecast & analysis on November 4, 2017 Earlier, a weak signal was received…
Dash DSH/USD is trading at the level of 264. Cryptocurrency is traded at the lower end of the Cloud of Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for Dash. The test area of the Ichimoku Kinko Hyo signal lines near the 270 level is expected, from which one should expect a rebound and a fall attempt with a target at 240. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Dash forecast & analysis DSH/USD on November 4, 2017 Earlier, a strong signal was received for sell of…