The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.2875. The pair continues to move as part of the rise and the formation of the “Triangle” pattern. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the rise in the near future. At the moment, we should expect an attempt to develop a correction and test the support level near the area of 1.2545. Then, a rebound upwards and the continuation…
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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.
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 130.34. The pair continues to move within the growth and bullish channel. Moving averages indicate a bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from US dollar buyers and a potential continuation of the rise. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 124.45. Then, a rebound up and continued growth of the fall of the pair to the area below…
GOLD completes the trading week near the 1884 area. XAU/USD quotes continue to move as part of the correction and the formation of the “Wedge” reversal pattern. Moving averages indicate the presence of a bullish trend for Gold. Prices are pushing up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of price growth. At the moment, we should expect an attempt to develop a decrease in prices and a test of the support level near the area of 1845. Further, the continuation of the growth in the price of Gold with a…
Quotes of the New Zealand Dollar to US Dollar NZD/USD end the trading week with a fall near the area of 0.6434. Moving averages indicate the presence of a bearish trend for the pair. Prices have broken through the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall from current levels on the market. At the moment, we should expect an attempt to develop the growth of the currency pair on Forex and test the resistance area near the level of 0.6735. Then, a rebound down and the…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9854 The pair continues to move as part of a strong growth and a bullish channel. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines up, which indicates pressure from buyers of the US currency and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to reduce the price and test the support area near the level of 0.9605. Further, a rebound and an attempt to continue the rise of the pair with a…
Bitcoin BTC/USD ends the trading week at 35964, continues to move as part of the fall. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall in asset quotes. At the moment, we should expect an attempt to develop a rise in the price of the coin and a test of the resistance area near the level of 37055. From where we should again expect a rebound down and a continuation of the fall in the Bitcoin rate…
Ethereum ETH/USD ends the trading week at 2682 and continues to move as part of the fall and a long-term bullish channel. The moving averages indicate a bearish trend for ETH/USD. Prices have broken through the area between the signal lines down, which indicates pressure from cryptocurrency sellers and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a price increase and test the resistance level near the 2945 area. From where we should again expect a rebound down and a continuation of the fall in the exchange rate…
XRP/USD complete the trading week at 0.5926 and continue to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the cryptocurrency’s decline from current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near 0.7255. Where can we expect a rebound and a continuation of the fall of the cryptocurrency to the area below the level of 0.2565 again. XRP Weekly Forecast…
Litecoin LTC/USD ends the trading week at 95.43 and continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines. This indicates pressure from sellers of the digital asset and a potential continuation of the fall in the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance area near the level of 102.55. Where can we expect a rebound down again and an attempt to…
Bitcoin Cash ends the trading week at 269.55, continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the BCH/USD rate forecast for the next trading week, we should expect an attempt to correct the value of the digital asset and test the resistance area near the level of 325.55. From where a rebound is expected again and an attempt to fall…