BRENT complete the trading week near the area of 60.44 dollars per barrel. And it continues to move in the framework of the decline and the downward channel. Moving averages indicate a downward trend. At the moment, we should expect an attempt to rise and test the resistance area near the level of 62.85. Then the continuation of the fall of oil to the area below the level of 49.65 dollars per barrel. BRENT oil Forecast and Analysis September 16 — 20, 2019 An additional signal in favor of reducing oil quotes this week will be a test of the…
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 1.2454. The pair continues to move within a strong upward correction and a bearish channel. Moving averages indicate a bearish trend and prices are already testing the area between these lines. At this, we should expect an attempt to continue the development of the correction and test the resistance area near the level of 1.2535. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1685. GBP/USD Forecast and Analysis September 16 — 20, 2019 In favor…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.12 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 16 — 20, 2019 we should expect an attempt to fall and test the support area near the level of 63.75. Where can we expect a rebound and continued growth of the Dollar rate above the level of 70.15. USD/RUB Forecast and Analysis September 16 — 20, 2019 In favor of raising the pair Dollar/Ruble,…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6876. The pair continues to move as part of the decline and the downward 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 0.6925. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6505. AUD/USD Forecast and Analysis September 16 — 20, 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 1.3219. The pair continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend, but prices have broken through both moving ones, which indicates pressure from sellers. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3065. Then continued growth of quotations with a target above the level of 1.3445. USD/CAD Forecast and Analysis September 16 — 20, 2019 In favor of the rise of the USD/CAD currency pair,…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 107.96. The pair continues to move within the framework of the correction and the bearish channel, and there is also the potential for the formation of the «Head and Shoulders» reversal pattern in an inverted form. 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 the rebound and continued growth of the pair in the region above the level of 112.45. USD/JPY Forecast and…
GOLD completes the trading week near the area of 1507. Quotes XAU/USD continue to move as part of the correction and the bullish channel. Moving averages indicate a bullish trend for GOLD, which has just begun to develop. At the moment, we should expect an attempt to reduce and test the support level near the area of 1455. Further, the continuation of the growth in the price of GOLD with a potential target above the level of 1645. GOLD Price Forecast and Analysis September 16 — 20, 2019 In favor of the rise in quotations and GOLD prices in the…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6390. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to continue the correction and test the resistance area near the level of 0.6490. Then, the continuation of the fall of the currency pair with a potential target below the level of 0.6125. NZD/USD Forecast and Analysis September 16 — 20, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward resistance line on the relative strength index…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9854. 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, and quotes are testing the resistance area. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9745. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0215. USD/CHF Forecast and Analysis September 16 — 20, 2019 In favor of the rise of…
Bitcoin BTC/USD ends the trading week at the level of 10313 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 9535. 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 14050. Bitcoin Forecast and Analysis September 16 — 20, 2019 In favor of raising the BTC/USD quotes in the…