Currency pair Pound Dollar GBP/USD completes the trading week near the 1.3079 area. The pair continues to move as part of the formation of the bearish model «Wolfe Wave». Moving averages indicate a bearish trend. At this point we should expect an attempt to grow and test the resistance area near the level of 1.3265. Further, the beginning of the decline in quotations of the pound dollar to the area below the level of 1.2545. GBP/USD Forecast and Analysis March 11 — 15, 2019 In favor of the fall of the British Pound will test the resistance line on the…
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 66.19 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 a bullish trend. In the current trading week of March 11 — 15, 2019 we can expect a decline and a test of the support area near the level of 65.25. Where can we expect a rebound and continued growth of the dollar above the level of 68.75. USD/RUB Forecast and Analysis March 11 — 15, 2019…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7025. The pair continues to move within the framework of the correction and the formation of the «Bearish 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 0.7145. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6545. AUD/USD Forecast and Analysis March 11 — 15, 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 1.3452. The pair continues to move within 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 1.3225 area. Then, the growth of quotations with the goal above the level of 1.3965. USD/CAD Forecast and Analysis March 11 — 15, 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 will be a rebound from…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 111.16. 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 112.05. Then rebound and the continuation of the fall of the pair in the area below 107.25. USD/JPY Forecast and Analysis March 11 — 15, 2019 In favor of the fall of the pair Dollar/Yen will test the broken trend line on the indicator of relative strength…
GOLD close the trading week near the 1293 area. The quotes continue to move within the ascending channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1310. 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 11 — 15, 2019 In favor of lowering quotations and prices for Gold in the current trading week of March 11 — 15, 2019, a test of a broken trend line on…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6789 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 growth and test the resistance area near the level of 0.6870. Then, the currency pair continues to fall with a potential target below the level of 0.6425. NZD/USD Forecast and Analysis March 11 — 15, 2019 In favor of the fall of the NZD/USD currency pair, a test…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 1.0100. 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 grow and test the resistance area near the level of 1.0200. Further, the continuation of the fall of the pair with a target below 0.9895. USD/CHF Forecast and Analysis March 11 — 15, 2019 In favor of the fall of the pair Dollar/Franc will perform a test of the resistance line on the indicator of…
Bitcoin BTC/USD ends the trading week at the level of 3866 and continues to move in the ascending channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and a test of the support area near the level of 3585. 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 4535. Bitcoin Forecast and Analysis March 11 — 15, 2019 In the current trading week of March 11 — 15, 2019, a rising trend line test on…
Ethereum ETH/USD ends the trading week at 133 and continues to move as part of the correction. Moving averages indicate a downward trend. At the moment, we should expect an attempt to fall and test the level of support near area 115. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 185. Ethereum Forecast and Analysis March 11 — 15, 2019 The test of the support line on the relative strength index (RSI) will be in favor of the growth of ETH/USD quotes on the current trading…