Ethereum Classic ETC/USD completes the trading week near the 11.52 area. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. Ichimoku Kinko Hyo lower limit test is expected near the level of 13.40, from which it is expected to attempt a rebound and further fall with the target near the level of 7.90. An additional signal in favor of falling quotations of the cryptocurrency will be a resistance level test. Ethereum Classic weekly forecast on October 16 — 20, 2017 Earlier, a strong signal was received for…
Author: forex24pro
Dash DSH/USD completes trading week near area 300. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Dash. The test is expected to be more accurate than the Ichimoku Kinko Hyo indicator cloud near level 290, from which it is expected to rebound and continue the development of the bullish trend with a target near 425. An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the bullish channel. Dash weekly forecast on October 16 — 20, 2017…
Bitcoin BTC/USD completes the trading week near area 5637. Cryptocurrency is traded above the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. A 5300 level test is expected in the current trading week, from which it is expected to try to grow and continue the development of the bullish trend with a target near the level of 6500. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower boundary area of the channel. Bitcoin weekly forecast on October 16 — 20, 2017 Earlier, a medium strength signal was obtained for…
Brent crude oil is trading at a level of 56.22 dollars per barrel. Brent oil is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend for Oil. A test of level 56.40 is expected, from which one should expect an attempt at a rebound and a further development of the bearish trend with a view to reducing near the level of 54.55 dollars per barrel. Analysis & forecast Brent Oil on October 16, 2017 An additional signal in favor of the fall in oil prices will be the test of the upper boundary of…
GOLD XAU/USD is trading at 1293. Gold continues to trade above the upper Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend in GOLD. Ichimoku Kinko Hyo indicator cloud is expected near the level of 1285, from which it is expected to rebound and further development of the bullish trend for Gold with a target near the level of 1315. GOLD prices forecast XAU/USD on October 16, 2017 An additional signal in favor of a rise in gold prices will be a test of the level of support. Earlier, we received a weak signal for buy GOLD,…
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 112.27. The pair is trading below the lower Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Yen pair. The lower limit test is expected. Ichimoku Kinko Hyo indicator cloud near 112.55, where we expect an attempt to fall and further develop the bearish trend with the target near the level of 110.95. Japanese Yen forecast USD/JPY on October 16, 2017 Earlier, a weak signal was received for the sell of the Dollar/Yen pair, due to the crossing of signal lines at 112.70. The cancellation of the fall…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.63. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the US Dollar/Russian Ruble. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 57.60 is expected, from which it is expected to rebound and continue the development of the bullish trend with the target of growth at the level of 58.80. Russian Ruble forecast USD/RUB on October 16, 2017 Earlier, a strong signal was received for buy of the US…
Currency pair EUR/USD Euro to US Dollar is trading at 1.1829. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Euro/Dollar pair. Ichimoku Kinko Hyo indicator area signal line test near the level 1.1815 is expected, from which it is expected to attempt a rebound and further development of the bullish trend with the target of growth near the level of 1.1940. Euro Dollar forecast EUR/USD on October 16, 2017 An additional signal in favor of the growth of the pair is the support level test. Earlier,…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2477. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the pair US Dollar/Canadian Dollar. The Ichimoku Kinko Hyo Cloud lower limit test is expected near 1.2460, from which it is expected to rebound and continue the development of the bullish trend with a target at 1.2540. An additional signal in favor of the growth of the pair is the support level test. Canadian Dollar forecast USD/CAD on October 16, 2017 Earlier, a weak signal was received for the sell…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9750. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for the Dollar/Franc pair. The breakdown and the test of the lower boundary of the Ichimoku Kinko Hyo indicator Cloud are expected near the level of 0.9745, from which one should expect an attempt to fall and further develop the bearish trend with the target near the level of 0.9625. Dollar Franc forecast USD/CHF on October 16, 2017 Earlier, a weak signal was received for the sell of the Dollar/Franc, due to the…