Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 63.99 Rubles per US Dollar. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. In the current trading week December 2 — 6, 2019, we should expect an attempt to grow and test the resistance area near the level of 64.70. Where can we expect a rebound and the continuation of the fall of the Dollar below the level of 58.95. USD/RUB Forecast and Analysis December 2 — 6, 2019 In favor of the fall…
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 Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6774. The pair continues to move within the correction and the bearish channel. Moving averages indicate a bearish trend, prices again pushed from the area between the signal lines, which indicates pressure from sellers. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.6835. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6265. AUD/USD Forecast and Analysis December 2 — 6, 2019 In favor of…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3283. The pair continues to move within the correction and the upward channel. Moving averages indicate a lateral trend. Prices rose above the level of signal lines, which indicates pressure from the bulls. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3115. Then continued growth of quotations with a target above the level of 1.3725. USD/CAD Forecast and Analysis December 2 — 6, 2019 In favor of the rise of the USD/CAD currency…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 109.48. The pair continues to move within the correction and the bearish channel. Moving averages indicate a bearish trend, prices have broken through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to continue growth and test the resistance level near the area of 109.85. Then the rebound and the continuation of the fall of the pair in the area below the level of 104.75. USD/JPY Forecast and Analysis December 2…
GOLD completes the trading week near the area of 1457. XAU/USD quotes continue to move as part of the correction. Moving averages indicate a bullish trend for GOLD, prices returned to the area between the signal lines, indicating a likely continuation of the rise. At the moment, we should expect an attempt to correct prices and test the resistance level near the area of 1475. Further, the continuation of the fall in the price of GOLD with a potential target below the level of 1345. GOLD Price Forecast and Analysis December 2 — 6, 2019 An additional signal in favor…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6426. Moving averages indicate a bearish trend in the pair. At the moment, we should expect an attempt to continue the development of the upward correction and test the resistance area near the level of 0.6495. Then the continuation of the fall of the currency pair with a potential target below the level of 0.6005. NZD/USD Forecast and Analysis December 2 — 6, 2019 In favor of the fall of the NZD/USD currency pair, a downward resistance line test will be performed…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9985. The pair continues to move in the framework of growth and the bullish channel. Moving averages indicate a flat trend. However, prices are above the signal lines, indicating pressure from buyers of the American currency. At the moment, we should expect an attempt to continue the rise in prices and test the resistance area near the level of 1.0105. Further, a rebound and an attempt to fall the pair with a potential target below the level of 0.9645. USD/CHF Forecast and Analysis December 2 — 6, 2019…
Bitcoin BTC/USD ends the trading week at 7521 and continues to move as part of the correction and formation of the «Wolfe Wave» model. Moving averages indicate a bullish trend. However, prices have pierced the area between the signal lines down, indicating pressure from the sellers of the digital asset. At the moment, we should expect an attempt to continue the fall and test the support area near the level of 6470. Where again we should expect a rebound and continued growth of the Bitcoin rate with a potential target above the level of 11750. Bitcoin Forecast and Analysis December…
Ethereum ETH/USD closes the trading week at 151.28 and continues to move as part of the fall and the bearish channel. Moving averages indicate a bearish trend for ETH/USD. At the moment, we should expect an attempt to continue the fall and test the support level near the area of 125.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 280.05. Ethereum Forecast and Analysis December 2 — 6, 2019 An additional signal in favor of raising the ETH/USD quotes for the current trading week December 2…
Ripple XRP/USD end the trading week at 0.2237 and continue to move as part of the correction and the downward channel. Moving averages indicate the presence of a bearish trend, continue to be repelled by signal lines, which indicates pressure from the bears. At the moment, we should expect an attempt to continue the development of the fall and test the support area near 0.1625. Where again we should expect a rebound and continued growth of the cryptocurrency in the region above the level of 0.3635. Ripple Forecast and Analysis December 2 — 6, 2019 In favor of the growth…