Zcash ZEC/USD is trading at the level of 209. The currency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. Ichimoku Kinko Hyo indicator line signal area test is near the level 215, from which it is expected to attempt a fall and further development of the bearish trend with a target to falling near the level of 180. An additional signal in favor of the fall will be a test of the resistance area. Zcash forecast & analysis ZEC/USD on August 17, 2017 Earlier, a weak signal was received…
Author: forex24pro
Ripple XRP/USD is trading at the level of 0.1483. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo indicator area signal line test near the level 0.1540 is expected, from which it is expected to try to fall and further develop the bearish trend with the target near the level of 0.1270. Ripple forecast & analysis XRP/USD on August 17, 2017 Earlier, a strong signal was received for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1610. Cancellation of the…
Monero XMR/USD is trading at the level of 47.59. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. Ichimoku Kinko Hyo Cloud Cloud Test is near the 48 level, from which it is expected to attempt a fall and further development of the bearish trend with a target near level 42. Monero forecast & analysis XMR/USD on August 17, 2017 Earlier, a weak signal was received for sales of Monero cryptocurrency, by crossing the signal lines at level 50. By abolishing the fall variant quotes Monero will be a breakdown…
Litecoin LTC/USD is trading at the level of 42.43. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in Litecoin. Ichimoku Kinko Hyo indicator area signal lines are expected near the level of 43.60, from which it is expected to decrease and further develop the bearish trend with a target near level 38. Litecoin forecast & analysis LTC/USD on August 17, 2017 An additional signal in favor of the fall will be a test of the resistance area. Earlier, a weak signal was received for sales of Litecoin cryptocurrency, due to the…
Ethereum ETH/USD is traded at 286. The currency is traded within the Ichimoku Kinko Hyo Cloud, indicating a trend reversal in favor of the Ethereum side. Ichimoku Kinko Hyo Cloud near the level 287 is expected to be tested near the level of 287, from which we should expect a growth attempt near the level of 300. Earlier, we received a weak signal for sales of the Ethereum Crypto currency, by crossing the signal lines at level 303. Ethereum forecast & analysis ETH/USD on August 17, 2017 Cancellation of the growth scenario for Ethereum quotations will be a breakdown The…
Ethereum Classic ETC/USD is trading at the level of 13.24. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. The test area of the signal lines is expected. The Ichimoku Kinko Hyo cloud near the level of 13.75, from where it is expected to attempt a rebound and a fall with a target near the level of 12.00. In favor of the rebound is the test of the support area. Ethereum Classic forecast & analysis on August 17, 2017 Earlier, we received a weak signal for sales of…
Dashcoin DSH/USD is trading at level 213. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Dashcoin. A level 207 test is expected and the development of the bullish trend continues near the level of 230. Earlier, a strong signal was received for buying of Dashcoin cryptocurrency due to the crossing of signal lines at level 201. Dashcoin forecast & analysis DSH/USD on August 17, 2017 The cancellation of the growth of Dashcoin quotations will be the breakdown of the lower boundary of Ichimoku Kinko Hyo…
Bitcoin BTC/USD is trading at 4140. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. The Ichimoku Kinko Hyo indicator signal line test is near the 4000 level, from which it is expected to try to grow and further develop the bullish trend for BTC/USD with a target near the 4500 level. An additional signal in favor of growth will be the test of the support area. Also, we should not exclude the attempt to form the «Head and Shoulders» reversal model, which will start working out in the…
The currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of the bullish channel. At the moment, we should expect a rebound from the support level of 1.17 and the beginning of growth in the area above the level of 1.19. EUR/USD forecast & analysis Euro Dollar on August 16, 2017 In favor of the growth of the euro against the US dollar is the test of the support line on the indicator of relative strength index (RSI) on the daily chart of the pair. Cancellation of the variant of growth of quotations of the…
The currency pair British Pound to US Dollar GBP/USD continues to move as part of the development of the bearish Wolfe wave model with a potential drop target below 1.26. At this point, we should expect a rebound and a rise in the quotations of the Pound/Dollar in the resistance area at 1.2930, where again we should expect a pair fall with a potential target near the area of 1.2600. GBP/USD forecast & analysis Pound Dollar on August 16, 2017 Abolishing the option of reducing the pair will be a strong growth and breakdown of the area of 1.3010, which…