Quotes of the currency pair US Dollar to Japanese Yen USD/JPY are trading within the limits of the decline. At this point, we should expect a test level of 108.50, from which we should expect a rebound and the beginning of the pair’s growth in the area above the level of 110.45. USD/JPY forecast & technical analysis on September 8, 2017 In favor of the growth of the Dollar/Yen pair is the formation of a reversal pattern the «Failure Swing» on the relative strength indicator (RSI), which indicates the breakdown of the 109.50 area by closing prices. Cancellation of the…
Author: forex24pro
Quotes of BRENT crude oil continue to trade as part of the growth. At this point, we should expect a rebound from the level of $ 54 per barrel and falling quotes with a potential target near the area of 51.80. In favor of falling quotations and prices for oil BRENT is a test of the resistance line on the indicator of relative strength index (RSI). Technical analysis & forecast crude oil on September 8, 2017 Cancellation of the fall in oil prices will be a strong growth and breakdown of the region of $ 55 per barrel, which will…
The currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the fall. It is worth waiting for an attempt to test the upper limit of the bearish channel near 1.2270 from which it is expected to rebound and fall of quotations of the pair below the level of 1.2050. USD/CAD forecast & technical analysis on September 8, 2017 In favor of falling quotations of the Canadian Dollar will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD fall on the Forex market will be a strong growth and breakdown…
Quotes Gold XAU/USD continue to move within the growth framework. At the moment, we should expect a test of the support area near the level of 1330, where again we should expect a rebound and growth of quotations and Gold prices above the level of 1370. XAU/USD forecast & technical analysis on September 8, 2017 In favor of the growth of XAU/USD quotations, a support line test will be performed on the relative strength indicator (RSI). Expect the acceleration of growth is with the breakdown of the level of 1350. The abolition of the variant of the growth of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bull model of the Wolfe wave. At the moment, we should expect a test of the level of 0.7170, where again we should expect the continuation of growth with a potential target near 0.74. NZD/USD forecast & technical analysis on September 8, 2017 In favor of the growth of the pair is the formation of an inverted model of the «Head and Shoulders». Expect to accelerate the growth of quotations NZD/USD is with a breakdown of the level of 0.7280. The cancellation of…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the limits of the decline. At the moment, we should expect a test of the level of 0.9515 and the beginning of the growth of the pair’s quotations to the area above the level of 0.9645. USD/CHF forecast & technical analysis on September 8, 2017 In favor of the growth of the Dollar/Franc pair is the test of the support area on the indicator of relative strength index (RSI). Expect the acceleration of the pair’s growth Dollar/Franc is the breakdown of the upper limit of the Wedge model.…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the limits of the decline. At the moment, we should expect a test of the level of 57.40 Rubles to the US dollar and the continuation of the fall of quotations of the pair below the level of 56.20. USD/RUB forecast & technical analysis on September 8, 2017 In favor of the fall of the pair, a resistance line test will be performed on the indicator of relative strength index (RSI). Abolishing the option of reducing the Dollar Ruble pair will be a strong growth and breakdown of…
Zcash ZEC/USD is trading at 237. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend for Zcash. It is expected to test the resistance area near the level of 245, from which one should expect a rebound attempt and further development of the bearish trend with a view to falling below the level of 195. Zcash forecast & analysis ZEC/USD on September 8, 2017 Earlier, a weak signal was obtained for buying of Zcash cryptocurrency due to the crossing of signal lines at level 225. Cancellation the variant of falling quotes,…
Ripple XRP/USD is trading at 0.2169. 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 0.2200 is expected, from which it is expected to rebound and drop the cryptocurrency with the target near the level of 0.1700. Ripple forecast & analysis XRP/USD on September 8, 2017 Earlier, we received a weak signal for buying of Ripple cryptocurrency, due to the intersection of signal lines at the level of 0.2080. Cancellation of the drop in…
Monero XMR/USD is trading at level 117. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. The test of the lower boundary of the Indicator Cloud is expected near the level of 120, from which one should expect a rebound and a fall with a target near the level of 90. An additional signal in favor of the fall of the cryptocurrency is the resistance area test. Monero forecast & analysis XMR/USD on September 8, 2017 Earlier, a weak signal was received for buying of Monero cryptocurrency due to the…