The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3335. 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 1.3235. Then the growth of quotations continued with the goal above the level of 1.3825. USD/CAD Forecast and Analysis June 17 — 21, 2019 A test of the rising support line on the relative strength index (RSI) will be in favor of the USD/CAD rise. The second signal will…
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.
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.19. 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 grow and test the resistance level near 109.70. Then rebound and the continuation of the fall of the pair in the area below 104.15. USD/JPY Forecast and Analysis June 17 — 21, 2019 In favor of the growth of the Dollar/Yen pair will test the downward trend line on the indicator of relative strength…
GOLD completes the trading week near the 1355 area. The XAU/USD quotes continue to move as part of strong growth. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue the correction and test the support level near the 1315 area. Further, the GOLD price will continue to rise with a potential target above the 1425 level. GOLD Price Forecast and Analysis June 17 — 21, 2019 In favor of the rise of quotations and prices for GOLD in the current trading week on June 17 — 21, 2019, a test of an uptrend…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6533 area. Moving averages indicate a bearish trend in the pair. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6685. Then, the currency pair will continue to fall with a potential target below the level of 0.6215. NZD/USD Forecast and Analysis June 17 — 21, 2019 In favor of the fall of the NZD/USD currency pair, a test of the resistance area on the relative strength index (RSI) will be made. The second…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9953. 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 continue the correction and test the support area near the level of 0.9795. Further, the rebound and continued growth of the pair with the goal above the level of 1.0175. USD/CHF Forecast and Analysis June 17 — 21, 2019 In favor of the growth of the Dollar/Franc will perform a test of the support area on the relative strength index…
Bitcoin BTC/USD ends the trading week at 8280 and continues to move as part of the growth and bullish channel. Moving averages indicate a bullish trend. An important support area is located near the 7000 level. At the moment, we should expect an attempt to correct and test the support area near the 7250 level. Where can we expect a rebound again and an attempt to continue the growth of the Bitcoin rate with a potential target above the 10550 level. Bitcoin Forecast and Analysis June 17 — 21, 2019 In favor of raising the BTC/USD quotes in the current…
Ethereum ETH/USD ends the trading week at 253 and continues 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 decrease and test the level of support near area 225. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 365. Ethereum Forecast and Analysis June 17 — 21, 2019 A test of the support line on the relative strength index (RSI) will be in favor of raising the ETH/USD quotes on the…
Ripple XRP/USD close the trading week at 0.3947 and continue to move as part of the correction and the «Triangle» model. Moving averages indicate a bearish trend, which is nearing completion. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3805. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.5815. Ripple Forecast and Analysis June 17 — 21, 2019 In favor of the rise of XRP/USD quotes in the current trading week on June 17 —…
Litecoin LTC/USD ends the trading week at the level of 131.50 and continues to move within the growth and upward channel. Moving averages indicate a bullish trend. The potential for continued growth is maintained. At the moment, we should expect an attempt to test the support area near the level of 105.55. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a potential target above the level of 160.55. Litecoin Forecast and Analysis June 17 — 21, 2019 An additional signal in favor of the growth of LTC/USD quotes in the current trading…
Bitcoin Cash ends the trading week at the level of 409 and continues to move as part of the correction and the upward channel. Moving averages indicate a flat trend, which is likely to change in favor of an uptrend. As part of the BCH/USD exchange rate forecast for the next trading week, we can expect an attempt at a correction and a test of the support area near the level of 370. Where will the rebound be expected again and the attempt to continue to grow Bitcoin Cash with a potential target higher than 645. Bitcoin Cash Forecast and…