Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2294. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At this, we should expect an attempt to develop an upward correction and test the resistance area near the level of 1.2445. Further, the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1575. GBP/USD Forecast and Analysis September 9 — 13, 2019 In favor of the fall of the British Pound, a test of the downward resistance line on the relative…
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 US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 68.81 Rubles per US Dollar. The pair continues to move within the correction and the upward channel. Moving averages indicate a bullish trend. In the current trading week September 9 — 13, 2019 we should expect a decrease and a test of the support area near the level of 63.95. Where can we expect a rebound and continued growth of the dollar above the level of 71.25. USD/RUB Forecast and Analysis September 9 — 13, 2019 In favor of the rise of the Dollar/Ruble…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6836. The pair continues to move as part of the decline and the bearish channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 0.6915. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6365. AUD/USD Forecast and Analysis September 9 — 13, 2019 In favor of the fall of the pair on FOREX, a test of the downward…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3227. The pair continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3155. Then continued growth of quotations with a target above the level of 1.3945. USD/CAD Forecast and Analysis September 9 — 13, 2019 In favor of the rise of the USD/CAD currency pair, a test of the support line on the relative strength index (RSI) will…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 107.00. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 104.85. Then a rebound and continued growth of the pair to the area above the level of 111.90. USD/JPY Forecast and Analysis September 9 — 13, 2019 A test of the support line on the relative strength index (RSI) will be in favor of…
GOLD completes the trading week near the area of 1507. Quotes XAU/USD continue to move as part of the growth and upward channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1440. Further, the continuation of the growth in the price of GOLD with a potential target above the level of 1675. GOLD Price Forecast and Analysis September 9 — 13, 2019 In favor of the rise in quotations and GOLD prices in the current trading week September 9 — 13, 2019, a…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6413. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to grow 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 0.5980. NZD/USD Forecast and Analysis September 9 — 13, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward resistance line on the relative strength index (RSI) will…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9906. The pair continues to move as part of the correction and the formation of the inverted «Head and Shoulders» model. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9735. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0265. USD/CHF Forecast and Analysis September 9 — 13, 2019 In favor of the rise of the Dollar/Franc currency pair, a test of…
Bitcoin BTC/USD ends the trading week at the level of 10769 and continues to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue to decline and test the support area near the level of 9550. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 14550. Bitcoin Forecast and Analysis September 9 — 13, 2019 In favor of raising BTC/USD quotes in the current…
Ethereum ETH/USD ends the trading week at 174.84 and continues to move as part of the fall and the formation of the bullish «Wolfe Wave» pattern. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and test the support level near the area of 140.00. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above 265.00. Ethereum Forecast and Analysis September 9 — 13, 2019 In favor of raising the ETH/USD quotes for the current trading week September 9 — 13, 2019, a test…