BRENT crude oil complete the trading week near the area of 71.40 dollars per barrel. And it continues to move within a strong upward correction. Moving averages indicate a lateral trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 73.05. Then, the oil will continue to fall into the region below the level of 56.05 dollars per barrel. BRENT oil Forecast and Analysis April 22 — 26, 2019 An additional signal in favor of reducing the quotations of oil this week will be the test of the resistance…
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 completes the trading week near the 1.2999 area. The pair continues to move as part of the formation of the correction and the downward pattern of the «Wolfe Wave». Moving averages indicate a bearish trend. At present, we should expect an attempt to develop an upward correction and test the resistance area near the level of 1.3165. Further, the beginning of the decline in quotations of the Pound/Dollar to the area below the level of 1.2355. GBP/USD Forecast and Analysis April 22 — 26, 2019 In favor of the fall of the British Pound will…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.23 Rubles for the US Dollar. The pair continues to move within the downward channel. Moving averages indicate an uptrend. In the current trading week of April 22 — 26, 2019, we can expect a further decline and a test of the support area near the level of 63.35. Where can we expect a rebound and continued growth of the dollar above 67.45. USD/RUB Forecast and Analysis April 22 — 26, 2019 The growth of the Dollar Ruble pair will be supported by the…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7150 area. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue the correction and test the resistance area near the level of 0.7235. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6645. AUD/USD Forecast and Analysis April 22 — 26, 2019 In favor of the fall of the pair on Forex will test…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3370. The pair continues to move within the ascending channel. At the same time, the couple could not leave the limits of the «Triangle» model. This indicates a pair uncertainty. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near 1.3225. Then the growth of quotations continued with the goal above the level of 1.3995. USD/CAD Forecast and Analysis April 22 — 26, 2019 The test of the support line on the indicator…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the 111.91 area. The pair continues to move within the downward channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 111.45. Then rebound and continued growth of the pair to the area above the level of 114.85. USD/JPY Forecast and Analysis April 22 — 26, 2019 In favor of the rise of a pair of Dollar/Yen will test the rising trend line on the indicator of relative strength index…
GOLD completes the trading week near the area of 1275. The XAU/USD quotes continue to move as part of the correction and the beginning of the development of the «Triangle» model. Moving averages indicate an uptrend. At the moment, we should expect an attempt to continue the correction and test the resistance level near the 1300 area. Further, the GOLD price will continue to fall with a potential target below 1195. GOLD Price Forecast and Analysis April 22 — 26, 2019 In favor of reducing the quotations and prices for GOLD in the current trading week of April 22 —…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6685 area. The tool was able to break through the lower boundary of the «Triangle» model, which indicates a likely continuation of the downward trend in the next trading week. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6765. Then, the currency pair will continue to fall with a potential target below the level of 0.6355. NZD/USD Forecast and Analysis April 22 — 26, 2019 In favor…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 1.0134. The pair continues to move in the framework of steady growth. The quotes could break through the resistance area and go to the test of new highs. 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 1.0065. Further, the rebound and the continued growth of the pair with the target above the level of 1.0485. USD/CHF Forecast and Analysis April 22 — 26, 2019 In favor of the growth of the…
Bitcoin BTC/USD ends the trading week at 5247 and continues to move as part of the correction and the ascending channel. The digital asset is trading near the resistance level, a breakdown of this area will indicate continued strong growth. Moving averages indicate a downward trend. At the moment, we should expect an attempt to fall and a test of the support area near the level of 4850. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 7035. Bitcoin Forecast and Analysis April…