Quotes of the pair USD/JPY close the trading week near the area of 113.50. At the moment, the pair has broken the upper boundary of the bearish channel. It is necessary to expect the test of the broken channel border and continuation of growth in the area above the level of 117.50. USD/JPY weekly forecast on October 23 — 27, 2017 In favor of the growth of the pair will break the resistance line on the indicator of relative strength index (RSI). The cancellation of the growth variant of the pair USD/JPY on the current trading week will be the…
Author: forex24pro
Quotes GOLD XAU/USD close the trading week near the area of 1279. Quotes continue to move within the framework of the upward correction. At the moment, quotes have pushed off the lower border of the channel, we should expect the growth of quotations above the level of 1350. XAU/USD weekly forecast on October 23 — 27, 2017 In favor of the growth of quotations and prices for GOLD, a test of the support line on the indicator of relative strength index (RSI), as well as the formation of the bullish model 5-0. Cancellation of the growth scenario for XAU/USD will…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6960. The pair continues to move within the framework of the bullish model of the Wolfe wave. At the moment, we should expect a rebound and a rise in quotations to the area above 0.7200. NZD/USD weekly forecast on October 23 — 27, 2017 In favor of the growth of NZD/USD is the test of the lower border of the channel, as well as the test of the support area on the indicator of relative strength index (RSI). Cancellation of the growth…
Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9841. The pair was able to break through the resistance area. It is worth waiting for an attempt to test the punched area of support and continue growth with a target above the level of 1.0140. USD/CHF weekly forecast on October 23 — 27, 2017 In favor of the pair’s growth, the Dollar/Franc will perform a broken resistance line on the indicator of relative strength index (RSI). Cancellation of the growth option will be a fall and breakdown of the area of 0.97, which will indicate the continued…
Bitcoin BTC/USD is trading at 5660. Cryptocurrency trading above the upper boundary of the clouds Ichimoku Kinko Hyo, indicating a bullish trend of Bitcoin. It is expected to test the upper boundary of the clouds Ichimoku Kinko Hyo near the level of 5520, where we can expect a rebound attempt and continued growth for the target at the level 6350. An additional signal in favor cryptocurrency growth is the formation model «Head and Shoulders». Bitcoin prediction & analysis BTC/USD on October 21, 2017 Previously received average strength signal for buy cryptocurrency Bitcoin, due to the crossing of the signal lines…
Dash DSH/USD is traded at level 291. Cryptocurrency is traded at the bottom of the upper Ichimoku Kinko Hyo Cloud boundary, which indicates the presence of a bearish trend for Dash. It is expected the cloud base Ichimoku Kinko Hyo test level near 293, where we can expect a rebound and the continued development of the bearish trend with the target level near 265. Dash prediction & analysis DSH/USD on October 21, 2017 Previously received a weak signal for selling cryptocurrency Dash, due to the crossing of the signal lines at 302. Cancellation option quotations fall Dash will become a…
Ethereum Classic ETC/USD is trading at 11.10. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a downward trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near the level of 11.50 is expected, from which it is expected to attempt a rebound and further fall with a target near the level of 10.00. An additional signal in favor of the fall of the crypto currency will be a resistance level test. Ethereum Classic prediction & analysis on October 21, 2017 Earlier, we received a weak signal for sell…
Ethereum ETH/USD is traded at the level of 303. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. The test area of the Ichimoku Kinko Hyo signal lines near level 310 is expected, from which we should expect a rebound and a drop attempt with a target at level 275. Ethereum prediction & analysis ETH/USD on October 21, 2017 An additional signal in favor of the drop of the cryptocurrency will be the resistance level. Previously it received a weak signal for sell cryptocurrency Ethereum, due…
Litecoin LTC/USD is trading at the level of 60. Cryptocurrency is traded below the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 60 is expected to be tested near the level 60, from which we should expect a rebound and an attempt to drop LTC/USD with a target below the level of 50. Litecoin forecast & analysis LTC/USD on October 21, 2017 Earlier, we received a weak signal for sell of Litecoin cryptocurrency, by crossing the signal lines at level 62. By abolishing the…
Monero XMR/USD is trading at 91. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. Ichimoku Kinko Hyo Cloud near the level 92 is expected to be tested near the level, from which it is expected to rebound and continue falling of the cryptocurrency for the target near the level of 80. Monero prediction & analysis XMR/USD on October 21, 2017 An additional signal in favor of the drop will be a resistance level test. Earlier, a weak signal was received for sell of Monero cryptocurrency, due to the crossing…