Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 63.41 rubles for the US dollar. The pair continues to move as part of the growth and formation of the ascending «Wolfe Wave» model. Moving averages indicate a lateral trend. In the current trading week July 8 — 12, 2019, a drop in the test and support area near the level of 62.95 is expected. Where can we expect a rebound and the continuation of the growth of the dollar above the level of 66.35. USD/RUB Forecast and Analysis July 8 — 12, 2019…
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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 0.7013. The pair continues to move within the bullish correction 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 0.7075. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6555. AUD/USD Forecast and Analysis July 8 — 12, 2019 In favor of the fall of the pair on Forex will test the downward trend line…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3067. The pair continues to move within the correction and the ascending channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near 1.3035. Then the growth of quotations continued with the goal above the level of 1.3655 USD/CAD Forecast and Analysis July 8 — 12, 2019 A test of the rising support line on the relative strength indicator will be in favor of the USD/CAD rise. The second signal will be…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.03. 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 reduce and test the support level near 107.45. Then rebound and continued growth of the pair to the area above the level of 113.35. USD/JPY Forecast and Analysis July 8 — 12, 2019 In favor of the rise of a pair of Dollar/Yen will test the rising trend line on the indicator of relative…
GOLD completes the trading week near the 1413 area. The XAU/USD quotes continue to move as part of 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. However, there are risks of decline in the area of slipping. At the moment, we should expect an attempt to fall and a test of the support level near the 1355 area. Further, the Gold price will continue to rise with a potential target above the level of 1495. GOLD Price Forecast and Analysis July 8…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6659 area. 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 0.6775. Then, the currency pair will continue to fall with a potential target below the level of 0.6255. NZD/USD Forecast and Analysis July 8 — 12, 2019 In favor of the fall of the currency pair NZD/USD test will perform a downward resistance line on the indicator of relative strength. The second signal…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9875. The pair continues to move within the correction and the ascending channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9735. Further, the rebound and attempt to grow a pair with a potential target above the level of 1.0095. USD/CHF Forecast and Analysis July 8 — 12, 2019 The test of the support line on the relative strength indicator will be in favor of the rise of the dollar franc…
Bitcoin BTC/USD ends the trading week at 11298 and continues to move as part of the correction and the upward channel. Moving averages indicate a bullish trend. An important area of support is located near the level of 9450. At the moment, we should expect an attempt of correction and a test of the area of support near the level of 9755. Where once again should we expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 14950. Bitcoin Forecast and Analysis July 8 — 12, 2019 In…
Ethereum ETH/USD ends the trading week at 292.47 and continues to move through the growth and upward channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to fall and maintain the test level near the area of 245.00. Where can we expect a rebound again and the continuation of the growth rate of Ethereum with a potential target above the level of 580.00. Ethereum Forecast and Analysis July 8 — 12, 2019 A test of the upward support line on the relative strength indicator will be in favor of lifting the ETH/USD quotes on…
Ripple XRP/USD close the trading week at 0.3800 and continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate an uptrend. At the moment, we should expect an attempt to fall and a test of the support level near the 0.3705 area. Where can we again expect a rebound and continued growth of cryptocurrency in the region above the level of 0.7205. Ripple Forecast and Analysis July 8 — 12, 2019 In favor of the rise of XRP/USD quotes in the current trading week July 8 — 12, 2019, a test of…