Currency pair Pound Dollar GBP/USD completes the trading week near the 1.2753 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 1.2865. Further, the beginning of the decline in quotations of the Pound/Dollar to the area below the level of 1.2145. GBP/USD Forecast and Analysis June 10 — 14, 2019 In favor of the fall of the British Pound will test the downward trend line on the indicator of…
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 US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 65.40 rubles for the US dollar. The pair continues to move within the descending channel and the formation of the «Triangle» model. Moving averages indicate an uptrend. In the current trading week of June 10 — 14, 2019, a decline is expected and a test of the support area near the level of 64.45. Where can we expect a rebound and the continuation of the growth of the dollar rate above 67.55. USD/RUB Forecast and Analysis June 10 — 14, 2019 In favor of…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.6995 area. The pair continues to move within the 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 0.6585. AUD/USD Forecast and Analysis June 10 — 14, 2019 In favor of the fall of the pair on Forex will test the downward trend line on the…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3299. The pair continues to move within the strong 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 the 1.3205 area. Then the growth of quotations continued with the target above the level of 1.3825. USD/CAD Forecast and Analysis June 10 — 14, 2019 A test of the rising support line on the relative strength index (RSI) will be in favor of the USD/CAD rise. The…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the 107.91 area. 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 the area of 109.65. Then rebound and the continuation of the fall of the pair in the area below 104.85. USD/JPY Forecast and Analysis June 10 — 14, 2019 In favor of the growth of the dollar-yen pair will test the downward trend line on the indicator of…
GOLD completes the trading week near the 1343 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 a test of the support level near the 1305 area. Further, the GOLD price will continue to rise with a potential target above the level of 1395. GOLD Price Forecast and Analysis June 10 — 14, 2019 In favor of the rise of quotations and prices for GOLD in the current trading week of 10 — 14, 2019 a test of…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6654 area. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6725. Then, the currency pair will continue to fall with a potential target below the level of 0.6355. NZD/USD Forecast and Analysis June 10 — 14, 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 0.9865. 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 0.9805. Further, the rebound and continued growth of the pair with the target above the level of 1.0175. USD/CHF Forecast and Analysis June 10 — 14, 2019 In favor of the growth of a pair of dollar/franc will test the rising trend line on the indicator of relative…
Bitcoin BTC/USD ends the trading week at 7919 and continues to move as part of the correction and the bullish channel. Moving averages indicate a bullish trend. An important area of support is located near the 7000 level. At the moment, we should expect an attempt to correct and test the support area near the 6825 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 level of 10650. Bitcoin Forecast and Analysis June 10 — 14, 2019 In favor of raising the BTC/USD quotes…
Ethereum ETH/USD ends the trading week at 245 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 210. Where again we should expect a rebound and continued growth of the course of Ethereum with a potential target above the level of 355. Ethereum Forecast and Analysis June 10 — 14, 2019 A test of the support line on the relative strength index (RSI) will be in favor of raising the ETH/USD quotes on…