BRENT crude oil close the trading week near the area of $ 64.05 per barrel. And it continues to move within an upward correction. Moving averages indicate a downward trend. At the moment, we should expect an attempt to continue the correction and test the resistance area near the level of 65.85. Then continued the fall of oil in the area below the level of 51.35 dollars per barrel. BRENT oil Forecast and Analysis June 24 — 28, 2019 An additional signal in favor of reducing the quotations of oil this week will be the test of the resistance line…
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 ends the trading week near the 1.2677 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At this point, we should expect an attempt to continue the correction and test the resistance area near the level of 1.2785. Further, the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.2065. GBP/USD Forecast and Analysis June 24 — 28, 2019 In favor of the fall of the British Pound will test the downward trend line on the indicator of relative…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 63.04 rubles for the US dollar. The pair continues to move within the fall and the descending channel. Moving averages indicate an uptrend. In the current trading week of June 24 — 28, 2019, we expect a correction and a test of the resistance area near the level of 64.55. Where can we expect a rebound and the continuation of the fall of the dollar below 61.05. USD/RUB Forecast and Analysis June 24 — 28, 2019 In favor of the fall of the pair…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6913. The pair continues to move within 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 0.7000. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6615. AUD/USD Forecast and Analysis June 24 — 28, 2019 In favor of the fall of the pair on FOREX will test the downward trend line on…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3186. The pair continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. However, there was a breakdown of the moving averages area, which indicates pressure from the sellers. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3105. Then, the growth of quotations with the target above the level of 1.3845. USD/CAD Forecast and Analysis June 24 — 28, 2019 A test of the rising support line…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the 107.43 area. The pair continues to move within the fall and the descending channel. Moving averages indicate a bearish trend. Here, also, the quotes failed to test even the area of moving averages, which indicates aggressive sales of investors. At the moment, we should expect an attempt to grow and test the resistance level near the area of 108.25. Then rebound and the continuation of the fall of the pair in the area below 104.45. USD/JPY Forecast and Analysis June 24 — 28, 2019…
GOLD completes the trading week near the area of 1387. XAU/USD quotes continue to move in the framework of strong growth. Moving averages indicate a bullish trend. Moreover, the quotes went far up from the moving averages area, which indicates strong purchases and pressure from buyers. At the moment, we should expect an attempt to fall and a test of the support level near the area of 1355. Further continuation of the rise in the price of GOLD with a potential target above the level of 1485. GOLD Price Forecast and Analysis June 24 — 28, 2019 In favor of…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6567 area. Moving averages indicate a bearish trend in the pair. As you can see, the quotes could not break through the area between the moving averages, which indicates the pressure from the sellers and the strength of the current trend. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6645. Then, the currency pair will continue to fall with a potential target below the level of 0.6195. NZD/USD Forecast and Analysis June 24…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9821. The pair continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. However, the quotes broke through the sliding area, which indicates strong pressure from sellers. At the moment, we should expect an attempt to continue the correction and test the support area near the level of 0.9745. Further, the rebound and attempt to grow a pair with a potential goal above the level of 1.0075. USD/CHF Forecast and Analysis June 24 — 28, 2019 The test of the support line…
Bitcoin BTC/USD ends the trading week at the level of 9705 and continues to move in the framework of strong growth and the ascending channel. Moving averages indicate a bullish trend. An important area of support is located near the level of 7750. At the moment, we should expect an attempt to correct and test the area of support near the level of 8155. Where can we expect a rebound again and an attempt to continue the growth of Bitcoin with a potential target above the level of 11650. Bitcoin Forecast and Analysis June 24 — 28, 2019 In the…