Quotes of BRENT crude oil continue to be traded within the upward momentum. At this point, we should expect a rebound and a drop in oil prices in the area below the level of 53. In favor of falling quotations and prices for oil BRENT is the test of the resistance area on the indicator of relative strength index (RSI). Analysis & forecast Brent crude oil on September 19, 2017 Expect to accelerate the fall is with the breakdown of the lower boundary of the Wedge model. Abolition of the variant of falling oil prices will be a strong growth…
Author: forex24pro
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the downward channel. It is worth waiting for an attempt to test the upper border of the channel near the level of 1.2245 and continue the fall with a potential target near the level of 1.1940. USD/CAD forecast Canadian Dollar on September 19, 2017 In favor of falling quotations of the Canadian Dollar will perform a resistance test on the indicator of relative strength index (RSI). Canceling the USD/CAD fall on the Forex market will be a strong growth and breakdown of the area of 1.2270, which indicates…
Quotes of Gold XAU/USD continue to move in the fall. At the moment, one should expect a level 1305 level and an attempt to raise gold prices above the level of 1350 as part of the development of the bull model of the Wolfe wave. XAU/USD forecast Forex GOLD on September 19, 2017 Whence again it is necessary to expect a fall in the price of GOLD with a target below the level of 1295. In favor of the growth of quotations XAU/USD will perform a test of the support area on the indicator of relative strength index (RSI). Expect…
Quotations of the currency pair New Zealand Dollar against the US Dollar NZD/USD continue to move within the growth framework. At this point, we should expect the continuation of the growth of quotations in the area above the level of 0.7360. Forex forecast & analysis NZD/USD on September 19, 2017 Whence again we should expect a rebound and the continuation of the decline of quotations below the level of 0.7140 within the beginning of the development of the bearish wave model of Wolfe. In favor of the fall of the pair, a resistance line test will be performed on the…
Currency pair Dollar Franc USD/CHF continues to move within the correction. At the moment, we should expect a test of the support area near the level of 0.9545 and the continuation of growth above the level of 0.9795. USD/CHF forecast Dollar Franc on September 19, 2017 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). Expect to accelerate the growth of the pair Dollar/Franc stands with the breakdown of the level of 0.9730. Canceling the growth of the pair USD/CHF on Forex will be…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the limits of the decline. At the moment, there is an attempt to test the level of 57.10 and the beginning of the growth of the Dollar/Ruble pair above the level of 58.50, within the framework of the development of the inverted reversal model «Head and Shoulders». USD/RUB forecast US Dollar on September 19, 2017 In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength. The abolition of the growth option for the Dollar/Ruble pair…
Zcash ZEC/USD is trading at the level of 171. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. Waiting for the test of the lower boundary of the Cloud of the indicator near the level 190, from which it is expected to attempt a rebound and further development of the bearish trend with a target to falling below the level of 130. Zcash prediction & analysis ZEC/USD on September 18, 2017 An additional signal in favor of continuing the decline of the cryptocurrency will be a test of the…
Ripple XRP/USD is trading at the level of 0.1705. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test of the lower border of the Cloud of the indicator near the level of 0.1840 is expected, from which it is expected to rebound and drop the cryptocurrency with the target near the level of 0.1345. An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a test of the upper boundary of the bearish channel. Ripple prediction…
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. A test of the lower boundary of the Cloud of the indicator near the level of 105 is expected, from which one should expect a rebound and a fall with the target near level 70. Monero prediction & analysis XMR/USD on September 18, 2017 An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Earlier, a weak signal was received for buying of Monero cryptocurrency, by crossing the…
Litecoin LTC/USD is trading at level 49. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. It is expected to test the area of signal lines of the indicator near level 54, from which it is expected to rebound and continue falling of LTC/USD for a level below 32. An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary of the bearish channel. Litecoin prediction & analysis LTC/USD on September 18, 2017…