BRENT crude oil complete the trading week near the region of $ 67.33 per barrel. And continues to move in growth. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the 69.15 level. Then the continuation of the fall of oil into the region below the level of 57.45 dollars per barrel. BRENT oil Forecast and Analysis February 25 — March 1, 2019 An additional signal in favor of lowering quotations of oil this week will be a test of the trend line on the relative strength…
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 ends the trading week near the area of 1.3010. The pair continues to move within the bearish channel. 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 1.3185. Further, the continuation of the decline in quotations of the Pound/Dollar to the area below the level of 1.2435. GBP/USD Forecast and Analysis February 25 — March 1, 2019 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index (RSI).…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 65.56 Russian Rubles for the US Dollar. The pair continues to move within the correction. Moving averages indicate a bullish trend. In the current trading week, February 25 — March 1, 2019, a decline is expected and a test of the support area near 64.95. Where can we expect a rebound and continued growth of the dollar above the level of 68.15. USD/RUB Forecast and Analysis February 25 — March 1, 2019 In favor of the growth of the dollar ruble pair will make…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7105. 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 0.7165. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6715. AUD/USD Forecast and Analysis February 25 — March 1, 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 1.3216. The pair continues to move within the framework of the correction and the formation of an inverted «Head and Shoulders» model. Moving averages indicate a bullish. At the moment, we should expect an attempt to decrease and test the support level near the 1.3155 area. Then, the growth of quotations with the target above the level of 1.3715. USD/CAD Forecast and Analysis February 25 — March 1, 2019 The test of the support line on the relative strength index (RSI) will be in…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the 110.87 area. The pair continues to move within the bullish correction. 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 112.25. Then rebound and the continuation of the fall of the pair in the area below the level of 108.55. USD/JPY Forecast and Analysis February 25 — March 1, 2019 In favor of the fall of the pair Dollar/Yen will test the resistance area on the indicator of…
GOLD close the trading week near the 1322 area. The quotes continue to move within the bullish channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the 1300 area. Further, the GOLD price will continue to rise with a potential target above the level of 1380. GOLD Forecast and Analysis February 25 — March 1, 2019 In favor of the growth of quotations and prices for GOLD in the current trading week of February 25 — March 1, 2019, a test of the rising trend line…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6794 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 0.6855. Then, the currency pair continues to fall with a potential target below the level of 0.6425. NZD/USD Forecast and Analysis February 25 — March 1, 2019 In favor of the fall of the NZD/USD currency pair, a…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 1.0009. The pair continues to move within the correction. 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 0.9945. Further, the continued growth of the pair with a target above the level of 1.0215. USD/CHF Forecast and Analysis February 25 — March 1, 2019 In favor of the growth of the Dollar/Franc will make a test of the support line on the indicator of relative strength index (RSI). As well as a…
Bitcoin BTC/USD ends the trading week at the level of 3911 and continues to move as part 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 fall and a test of the support area near the level of 3550. 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 5250. Bitcoin Forecast and Analysis February 25 — March 1, 2019 In favor of raising the BTC/USD quotes in…