Ethereum ETH/USD is traded at the level of 296. 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 of the lower boundary of Ichimoku Kinko Hyo Cloud near the 310 level is expected, from which one should expect a rebound and a fall attempt with a target at the level of 280. An additional signal in favor of the fall of the cryptocurrency will come out of the resistance level. Ethereum prediction & analysis ETH/USD on October 20, 2017 Earlier, a weak signal was…
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.
Ethereum Classic ETC/USD is trading at the level of 11.14. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines is expected near the level of 11.45, from which it is expected to attempt a rebound and further fall with a target near the level of 9.90. An additional signal in favor of the fall of the cryptocurrency will come from the upper channel test. Ethereum Classic prediction & analysis on October 20, 2017 Earlier, we received a weak…
Dash DSH/USD is traded at level 280. Cryptocurrency is traded at the bottom of the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo Cloud near the level 295 is expected to be tested near the level, from which one should expect a rebound and the continuation of the development of the bearish trend with a target near the level of 265. An additional signal in favor of the drop of the cryptocurrency will come from the upper channel test. Dash prediction & analysis DSH/USD on October 20, 2017…
Bitcoin BTC/USD is trading at 5706. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud near the 5480 level is expected to be tested near the level of 5480, from which it is expected to attempt a rebound and continue growth with a target above the level of 6350. Bitcoin prediction & analysis BTC/USD on October 20, 2017 An additional signal in favor of the growth of the cryptocurrency is the formation of the «Head and Shoulders» reversal model. Earlier, a weak signal was received for…
The currency pair Euro Dollar EUR/USD continues to move within the framework of a bearish correction. At the moment, we should expect a test level of 1.1820, where again we should expect a rebound and a fall of the pair in the area below the level of 1.1640. EUR/USD prediction & technical analysis on October 20, 2017 In favor of the EUR/USD quotes growth, the «Head and Shoulders» reversal pattern appears on the relative strength indicator (RSI). Cancellation of the variant of growth of quotations of the euro dollar for Forex will be a drop and breakdown at the level…
Currency pair Pound Dollar GBP/USD continues to test the support area near the level of 1.3180. It is expected to rebound and the pair Pound Dollar rise above 1.3310 as part of the completion of the «Head and Shoulders» reversal pattern. In the vicinity of 1.3310, we should again expect a further decline with a potential target at 1.2890. GBP/USD prediction & technical analysis on October 20, 2017 In favor of reducing the pair on Forex, a trend line test will be performed on the indicator of relative strength index (RSI). The reversal of the fall of the pair will…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the moment, the pair is testing the area of 0.7840, we should expect a rebound attempt and growth above the level of 0.7910 as part of the formation of the bearish wave model of Wolfe. AUD/USD prediction & technical analysis on October 20, 2017 The target of testing the model is the area below the level of 0.7770. Again, from the level of 0.7910, we should expect a further fall. In favor of reducing the pair AUD/USD, a resistance area test will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY are traded within the framework of the bullish model «5-0». At the moment, the pair is testing the resistance area. One should expect an attempt to rebound and fall into the region of the lower boundary of the channel near the area of 111.75. USD/JPY prediction & technical analysis on October 20, 2017 In favor of the fall of the pair is a test of the resistance level on the indicator of relative strength index (RSI). With the breakdown of area 111.05, we should expect the continuation of the…
Quotes of BRENT crude oil continue to trade as part of the growth. At the moment, you should expect a test level of 58 and continue falling into the area below the level of $ 55 per barrel. In favor of falling quotations and prices for oil BRENT will perform a test of a broken trend line on the indicator of relative strength index (RSI). Brent prediction & technical analysis on October 20, 2017 Expect to accelerate the fall of quotations is with a breakdown level of $ 54 per barrel, which indicates the completion of the formation of the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of the formation of the reversal model «Double Top». At this point, we should expect an attempt to test the broken trend line near the area of 1.2510 and continue falling below the level of 1.2340. USD/CAD prediction & technical analysis on October 20, 2017 In favor of lowering the quotes of the Canadian Dollar, a rebound will come from the resistance area of the relative strength indicator (RSI). Cancellation of the USD/CAD decline on Forex will be strong growth and breakdown of the area of…