BRENT complete the trading week near the area of 86.29 dollars per barrel. And it 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 buyers of raw materials and a potential continuation of the rise. At the moment, we should expect an attempt to develop a correction and test the support area near the level of 78.35. Then, it is worth considering a rebound upwards and the continuation of the growth of oil in the area above the level…
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 Pound Dollar GBP/USD completes the trading week near the area of 1.3569. The pair continues to move within the bullish correction and the downward channel. As you can see, there has already been a rebound down from the border of this channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers and a potential continuation of the growth of the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to develop a bullish correction and test the…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 76.45 Rubles per US Dollar. The pair continues to move within the framework of growth and is preparing for a test of the upper border of the bearish channel. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the US dollar and a likely continuation of the pair’s growth already from these levels. In the current trading week January 24 — 28, 2022 we should expect an attempt to develop…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7200. The pair continues to move within the framework of the fall and the descending channel. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall in the value of the currency pair. At the moment, we should expect an attempt to develop a small bullish correction and a test of the resistance area near the level of 0.7265. Then, a rebound…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.2510. The pair continues to move within the limits of the decline and the bullish channel. Moving averages indicate the presence of a sideways trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the currency pair and a potential continuation of the fall. At the moment, we should expect an attempt to develop a correction and test the support level near the area of 1.2485. Then, a rebound upwards and the continuation of the rise…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 113.88. The pair continues to move within the framework of the growth and the rising channel. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the US dollar and a potential continuation of the rise. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of 112.05. Then, a rebound up and the continuation of the growth of the pair…
GOLD completes the trading week near the 1834 area. XAU/USD quotes continue to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate the presence of a bullish trend for GOLD. Prices have broken through the area between the signal lines up, which indicates pressure from buyers and a potential continuation of the price rise. 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 1785. Further, the continuation of the growth in the price of Gold with a…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6728. Moving averages indicate the presence of a bearish trend for the pair. Prices have broken through the area between the signal lines down, 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 an upward correction of the currency pair on Forex and a test of the resistance area near the level of 0.6845. Then, a rebound and a…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9117. The pair continues to move as part of the correction and the formation of a large “Triangle” pattern. Moving averages indicate the presence of a sideways trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the US currency and a potential continuation of the instrument’s decline. At the moment, we should expect an attempt to reduce the price and test the support area near the level of 0.9055. Further, a rebound and an attempt to continue the rise…
Bitcoin BTC/USD nds the trading week at 38982, continues to move as part of the fall and left the bullish channel. Moving averages indicate a bullish 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 42355. From where we should again expect a rebound down and a continuation of the…