Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1193 area. The pair continues to move within the correction and the bearish channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1265. Where is the rebound expected and the continuation of the fall of the euro dollar. A potential reduction target is the area below the level of 1.0695. EUR/USD Forecast and Analysis August 12 — 16, 2019 In favor of the fall of the EUR/USD currency pair at FOREX, a…
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.
BRENT complete the trading week near the area of 58.81 dollars per barrel. And it continues to move as part of the decline. 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 61.05. Then the continuation of the fall in oil to the area below the level of 46.75 dollars per barrel. BRENT oil Forecast and Analysis August 12 — 16, 2019 An additional signal in favor of reducing oil quotes this week will be a test of the resistance line on the relative…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2069. 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 1.2385. Further, the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1505. GBP/USD Forecast and Analysis August 12 — 16, 2019 In favor of the fall of the British Pound, a test of the downward resistance line on the relative…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 65.26 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, August 12 — 16, 2019 we should expect a decrease and a test of the support area near the level of 63.45. Where can we expect a rebound and continued growth of the Dollar above the level of 69.85. USD/RUB Forecast and Analysis August 12 — 16, 2019 In favor of raising the pair Dollar/Ruble, the…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6806. The pair continues to move within the upward correction and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue the development of the correction and test the resistance area near the level of 0.6905. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6335. AUD/USD Forecast and Analysis August 12 — 16, 2019 In favor of the fall of the pair on Forex, a test of…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3212. The pair continues to move within the correction and the 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 1.3155. Then continued growth of quotations with a target above the level of 1.3795. USD/CAD Forecast and Analysis August 12 — 16, 2019 In favor of the rise of the USD/CAD currency pair, a test of the broken resistance line on the relative strength index (RSI)…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 105.78. The pair continues to move in the framework of a strong fall and a 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 104.55. Then the rebound and continued growth of the pair in the region above the level of 110.05. USD/JPY Forecast and Analysis August 12 — 16, 2019 In favor of the rise of the Dollar/Yen pair, a test of the…
GOLD closes the trading week near the area of 1497. XAU/USD quotes continue to move as part of the growth and have already tested the area above the level of 1500 in the current trading week, indicating a general economic instability and an attempt by investors to invest in conservative instruments. 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 1405. Further, the continuation of the growth in the price of Gold with a potential target above the level of 1575. GOLD Price Forecast…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6486. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6575. Then, the continuation of the fall of the currency pair with a potential target below the level of 0.6110. NZD/USD Forecast and Analysis August 12 — 16, 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)…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9736. The pair continues to move within the correction and the upward channel. 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 0.9705. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0105. USD/CHF Forecast and Analysis August 12 — 16, 2019 In favor of the rise of the Dollar/Franc currency pair, a test of the support line on the relative strength index…