Gold XAU/USD is trading at 1271. Gold continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in GOLD. Ichimoku Kinko Hyo indicator area signal lines are expected near the level of 1285, from which we should expect a rebound and a further development of the bearish trend for Gold with a target near the level of 1250. An additional signal in favor of the drop in quotes will come from the resistance level test. Gold prices forecast XAU/USD on October 4, 2017 Earlier, a strong signal was received for the sell of…
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.
Currency pair USD/JPY US Dollar to Japanese Yen is trading at 112.73. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in the Dollar/Yen pair. The test of the upper boundary is expected. Ichimoku Kinko Hyo indicator cloud near the level 112.25, where we can expect an attempt of growth and further development of the bullish trend with the target near the level of 113.90. Japanese Yen forecast USD/JPY on October 4, 2017 Earlier, a strong signal was received for the buy of the Dollar/Yen pair, due to the crossing…
Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.87. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair US Dollar/Russian Ruble. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 57.85, from which it is expected to rebound and continue the development of the upward trend with a target at the level of 59.50. Russian Ruble forecast USD/RUB on October 4, 2017 Earlier, a medium strength signal was received for buy of the US Dollar Russian/Ruble…
Currency pair EUR/USD Euro to US Dollar is trading at 1.1733. The pair continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for the pair Euro/Dollar. Ichimoku Kinko Hyo indicator area signal line test near the level 1.1780 is expected, from which it is expected to attempt a rebound and further development of the bearish trend with the target of falling near the level of 1.1590. An additional signal in favor of reducing the pair will be the test of the upper boundary of the bearish channel. Euro…
Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.2512. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair US Dollar/Canadian Dollar. The test area of Ichimoku Kinko Hyo indicator lines near the level of 1.2450 is expected, from which it is expected to rebound and continue the development of the bullish trend with the target at 1.2685. Canadian Dollar forecast USD/CAD on October 4, 2017 Earlier, a medium strength signal was received for buy of the pair US Dollar/Canadian Dollar, due to crossing of signal…
Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9749. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Dollar/Franc pair. Ichimoku Kinko Hyo indicator cloud is expected near the level of 0.9710, from which it is expected to try to grow and further develop the bullish trend with the target near the level of 0.9860. An additional signal in favor of the growth of the pair will test the level of support. Dollar Franc forecast USD/CHF on October 4, 2017 Earlier, a weak signal was…
Currency pair New Zealand Dollar US Dollar NZD/USD is trading at 0.7195. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the New Zealand Dollar/US Dollar. The test of the lower boundary of the Ichimoku Kinko Hyo indicator cloud is expected near the level of 0.7220, from which one should expect an attempt to fall and further develop the bearish trend with the target near the level of 0.7060. New Zealand Dollar forecast NZD/USD on October 4, 2017 Earlier, a weak signal was received for the sell of the pair…
Currency pair Pound Dollar GBP/USD is trading at the level of 1.3274. A pair below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Pound/Dollar pair. Ichimoku Kinko Hyo indicator area signal line test is near the level of 1.3365, from where it is expected to attempt a fall with the target near the level of 1.3080. An additional signal in favor of falling quotations of the pair will be a resistance level test. Pound Dollar forecast GBP/USD on October 4, 2017 Earlier, a weak signal was received for the sell of the…
Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7825. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the pair Australian Dollar/US Dollar. Ichimoku Kinko Hyo indicator area signal line test near the level of 0.7870 is expected, from which one should expect an attempt to fall and further development of the bearish trend with the target of decreasing near the 0.7720 level. Australian Dollar forecast AUD/USD on October 4, 2017 An additional signal in favor of falling quotations of the pair will be a resistance level…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move near the resistance level of 57.80 rubles to the US dollar. At this point, we should expect an attempt to test the upper limit of the downlink near the level of 58.30 Rubles and the continuation of the fall below 56.70. USD/RUB prediction & technical analysis on October 3, 2017 In favor of the fall of the pair USD/RUB will test the resistance line on the indicator of relative strength index (RSI). An additional signal in favor of the fall will be the formation of a reversal model of…