Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1216 area. The pair continues to move in decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.1335. Where is expected to rebound and the continuation of the fall of the euro dollar. The potential target of the decline is the area below the level of 1.0675. EUR/USD Forecast and Analysis March 18 — 22, 2019 In favor of the fall of the EUR/USD currency pair at Forex, a test of…
Author: forex24pro
BRENT crude oil complete the trading week near the region of 67.02 dollars per barrel. And it continues to move within a bullish correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 68.45. Then the continuation of the fall of oil into the region below the level of 51.45 dollars per barrel. BRENT oil Forecast and Analysis March 18 — 22, 2019 An additional signal in favor of lowering oil prices this week will be the formation of the «Head and Shoulders» reversal…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.3256 area. The pair continues to move as part of the formation of the «Wedge» model. Moving averages indicate a bearish trend. At this point we can expect an attempt to grow and test the resistance area near the level of 1.3485. Further, the beginning of the decline in quotations of the Pound Dollar to the region below the level of 1.2545. GBP/USD Forecast and Analysis March 18 — 22, 2019 In favor of the fall of the British Pound will test the resistance line on the indicator of…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 65.24 Rubles for the US Dollar. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate an uptrend. In the current trading week of March 18 — 22, 2019 we can expect a decline and a test of the support area near 64.85. Where can we expect a rebound and continued growth of the dollar above the level of 68.45. USD/RUB Forecast and Analysis March 18 — 22, 2019 In favor of the…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7074. 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 grow and test the resistance area near the level of 0.7155. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6655. AUD/USD Forecast and Analysis March 18 — 22, 2019 In favor of the fall of the pair on Forex will test the…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3322. The pair continues to move within the bullish channel and the formation of the «Triangle» model. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near 1.3215. Then, the growth of quotations with the target above the level of 1.3915. USD/CAD Forecast and Analysis March 18 — 22, 2019 The test of the support line on the relative strength index (RSI) will be in favor of the USD/CAD rise. The second signal…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 111.70. The pair continues to move within the bullish correction. Moving averages indicate a lateral trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 112.15. Then rebound and the continuation of the fall of the pair in the area below the level 107.40. USD/JPY Forecast and Analysis March 18 — 22, 2019 In favor of the fall of the pair Dollar/Yen will test the broken trend line on the indicator of…
GOLD complete the trading week near the area of 1303. Quotes continue to move in the upward channel and form the «Head and Shoulders» reversal pattern. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1315. Further continuation of the fall in the price of Gold with a potential target below the level of 1215. GOLD Price Forecast and Analysis March 18 — 22, 2019 In favor of reducing the quotations and prices for GOLD in the current trading week of March 18 —…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6841 area. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6885. Then, the currency pair will continue to fall with a potential target below the level of 0.6415. NZD/USD Forecast and Analysis March 18 — 22, 2019 In favor of the fall of the currency pair NZD/USD, a…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 1.0037. The pair continues to move within the framework of the correction and the formation of the «Wedge» model. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9955. Further, the continued growth of the pair with a target above the level of 1.0185. USD/CHF Forecast and Analysis March 18 — 22, 2019 In favor of the growth of the Dollar/Franc will make a test of the support line on the indicator of…