The currency pair US Dollar to Canadian Dollar USD/CAD continues to move in line with expectations. It is worth waiting for an attempt to test the upper limit of the bearish channel near 1.2350 from which we should expect a rebound and fall of quotations of the pair below the level of 1.2050. USD/CAD forecast & technical analysis on September 7, 2017 In favor of a rebound in the Canadian Dollar quotes, the support line test on the relative strength indicator (RSI) appears upward. The cancellation of the USD/CAD fall on the Forex market will result in a strong growth…
Author: forex24pro
Quotes Gold XAU/USD continue to move within the growth framework. At the moment, we should expect a test of the lower limit of the «Wedge» model, where again we should expect a rebound and growth of quotations and GOLD prices above the level of 1355. XAU/USD forecast & technical analysis on September 7, 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 1340. The abolition of the variant of the growth of the price…
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 fall in quotations to the area of 0.7170, where again we should expect further growth. NZD/USD forecast & technical analysis on September 7, 2017 In favor of the growth of the pair will make 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 the growth of the New…
Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of the formation of the «Head and Shoulders» reversal pattern. At the moment, we should expect a test of the level of 0.9530 and the beginning of the growth of the pair’s quotations to the area above the level of 0.9770. USD/CHF forecast & technical analysis on September 7, 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). The cancellation of the growth of the USD/CHF pair on Forex…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the limits of the decline. At this point, we should expect a test of the level of 57.45 Rubles per US Dollar and the continuation of the fall of quotations of the pair below the level of 56.30. USD/RUB forecast & technical analysis on September 7, 2017 In favor of the fall of the pair, a resistance line test will be performed on the indicator of relative strength index (RSI). The cancellation of the option of reducing the Dollar/Ruble pair will result in a strong growth and breakdown…
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 area of the signal lines of the indicator near the level of 240, from which it is expected to attempt a rebound and further develop the bearish trend to fall below the level of 195. Zcash prediction & analysis ZEC/USD on September 7, 2017 Earlier, a weak signal was received for sales of Zcash cryptocurrency, by crossing signal lines at level 272. Canceling the variant of falling quotes…
Ripple XRP/USD is trading at the level of 0.2176. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test of the lower bound 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 0.1865. Ripple prediction & analysis XRP/USD on September 7, 2017 Earlier, a weak signal was received for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2350. Cancellation of…
Monero XMR/USD is trading at the level of 116. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Monero. The test of the lower boundary of the Cloud of the indicator near the level 117 is expected, from which we should expect a rebound and a fall with the target near the level of 90. An additional signal in favor of the drop of the cryptocurrency is the resistance area test. Monero prediction & analysis XMR/USD on September 7, 2017 Earlier, we received a weak signal for…
Litecoin LTC/USD is trading at level 75. Cryptocurrency is traded inside the Ichimoku Kinko Hyo Indicator Cloud, which indicates the presence of a flat trend for Litecoin. A cloud near the 70 level is expected, from which it is expected to rebound and continue the growth of LTC/USD with a target above the level of 77. Earlier, a weak signal was obtained for sales of Litecoin cryptocurrency, due to the crossing of signal lines at level 78. Litecoin prediction & analysis LTC/USD on September 7, 2017 The abolition of Litecoin growth scenario will be a breakdown the lower boundary of…
Ethereum ETH/USD is traded at 327. The currency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. It is expected to test the area of signal lines of the indicator near the level 335, from which we should expect a rebound and attempt to fall with a target at level 285. An additional signal in favor of the fall of the cryptocurrency is the test of the resistance area. Ethereum prediction & analysis ETH/USD on September 7, 2017 Earlier, a weak signal was received for the sale of the Ethereum cryptocurrency,…