Ethereum ETH/USD is traded at the level of 339. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near the 335 level is expected, from which we should expect a rebound and a growth attempt with a target at 390. An additional signal in favor of the growth of the cryptocurrency will be the breakdown of the upper boundary of the «Triangle» model. Ethereum prediction & analysis ETH/USD on October 16, 2017 Earlier, a medium strength signal was obtained for…
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.
Litecoin LTC/USD is traded at the level of 60. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near level 57 is expected, from which we should expect a rebound and an attempt at LTC/USD growth with a goal above the level of 65. Litecoin forecast & analysis LTC/USD on October 16, 2017 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a medium strength signal was obtained for buy…
Monero XMR/USD is traded at the level of 94. Cryptocurrency is traded above the upper boundary of the Cloud of Ichimoku Kinko Hyo, which indicates that there is an bullish trend in Monero. Ichimoku Kinko Hyo signal line area test is near the 90 level, from which we expect a rebound and the continued growth of the cryptocurrency with the target near the level of 100. Monero prediction & analysis XMR/USD on October 16, 2017 Earlier we received a weak signal for buy of the Monero cryptocurrency, by crossing the signal lines at level 87. Canceling the growth of the…
Ripple XRP/USD is trading at 0.2519. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Ripple. The test of the upper boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.2500, from which it is expected to rebound and the growth of the cryptocurrency with the target near 0.2860. Ripple prediction & analysis XRP/USD on October 16, 2017 Earlier, a medium strength signal was obtained for buy of the Ripple cryptocurrency, due to the crossing of the signal lines at the level of…
Zcash ZEC/USD iis trading at 237. Cryptocurrency is traded below the lower bound of the Cloud of the Ichimoku Kinko Hyo, indicating a bearish trend for Zcash. Ichimoku Kinko Hyo Cloud near the level 240 is expected to be tested near the level of 240, from which one should expect a rebound and an attempt to further fall below the level of 190. Earlier, a weak signal was received for buy of the Zcash cryptocurrency, by crossing the signal lines at level 234. Zcash prediction & analysis ZEC/USD on October 16, 2017 By abolishing the Zcash there will be a…
Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9739. the pair continues to test the resistance area. It is worth waiting for an attempt to continue the decline with a target below 0.9550. In favor of reducing the Dollar/Franc pair is the resistance area test on the relative strength indicator (RSI). USD/CHF weekly forecast on October 16 — 20, 2017 Cancellation of the fall variant will be a strong growth and breakdown of the area 0.9910, which will indicate the continued growth of the pair on Forex. Important news from Switzerland, which could have an impact…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7186. The pair continues to move within the framework of the bullish wave model of Wolfe. At the moment, we should expect an attempt to test the level of 0.7110 in and continue the growth of the pair with a potential target near the level of 0.7500. NZD/USD weekly forecast on October 16 — 20, 2017 In favor of the growth of NZD/USD, a breakdown of the bearish trendline will occur on the indicator of relative strength index (RSI). Cancellation of the…
Quotes Gold XAU/USD close the trading week near the area of 1300. Quotes continue to move within the framework of the upward correction. At the moment GOLD has rebounded from the lower border of the channel, it is necessary to expect the growth of quotations above the level of 1350. It is worth to wait for the test of the level of 1280 and the continuation of growth. XAU/USD weekly forecast on October 16 — 20, 2017 In favor of the growth of quotations and prices for gold, there is a rebound from the support line on the indicator of…
Quotes of the pair USD/JPY close the trading week near the area of 111.90. The pair continued to move within the bearish channel. It is expected to rebound from the upper boundary of the channel and continue falling into the area below the level of 108.00. USD/JPY weekly forecast on October 16 — 20, 2017 In favor of reducing the pair is a rebound from the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall of the pair USD/JPY in the current trading week will be strong growth and breakdown of the 114.00 area,…
The pair US Dollar to Canadian Dollar USD/CAD closes the trading week near the level of 1.2497. The pair continues to move within the framework of the bullish correction. At the moment, we should expect an attempt to fall into the area below the level of 1.2270 as part of the formation of the «Head and Shoulders» reversal model. USD/CAD weekly forecast on October 16 — 20, 2017 Near the area of 1.2270 again we should expect a rebound and an attempt of growth of a pair with a potential target above the level of 1.2950. In favor of the…