The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3279. 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 trend. At the moment, we should expect an attempt to decrease and test the support level near the 1.3125 area. Then, the growth of quotations with the goal above the level of 1.3665. USD/CAD Forecast and Analysis February 18 — 22, 2019 The test of the support line on the relative strength index (RSI) will be in…
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.
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 110.44. 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 110.65. Then rebound and the continuation of the fall of the pair in the area below the level of 106.15. USD/JPY Forecast and Analysis February 18 — 22, 2019 In favor of the fall of the pair Dollar/Yen will test the area of resistance on the indicator…
GOLD close the trading week near the 1318 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 1295 area. Further, the GOLD price will continue to rise with a potential target above the level of 1380. GOLD Forecast and Analysis February 18 — 22, 2019 In favor of the growth of quotations and prices for GOLD in the current trading week, February 18 — 22, 2019, a test of the bullish trend line on the relative…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6849 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 0.6905. Then, the currency pair will continue to fall with a potential target below the level of 0.6375. NZD/USD Forecast and Analysis February 18 — 22, 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 1.0064. The pair continues to move in growth. Moving averages indicate a bullish. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9965. Further, the continued growth of the pair with a target above the level of 1.0255. USD/CHF Forecast and Analysis February 18 — 22, 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 rebound from the…
Bitcoin BTC/USD ends the trading week at the level of 3579 and 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 fall and a test of the support area near the level of 3480. 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 4700. Bitcoin Forecast and Analysis February 18 — 22, 2019 In the current trading week of February 18…
Ethereum ETH/USD ends the trading week at 119 and continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and maintain the test level near the area of 105. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 245. Ethereum Forecast and Analysis February 18 — 22, 2019 A test of the support line on the relative strength index (RSI) will be in…
Ripple XRP/USD close the trading week at 0.2978 and continue to move as part of the decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and a test of the support level near the 0.2850 area. Where can we again expect a rebound and continued growth of cryptocurrency in the region above the level of 0.5235. Ripple Forecast and Analysis February 18 — 22, 2019 In favor of the growth of XRP/USD quotes in the current trading week of February 18 — 22, 2019, a test of the rising trend line on…
Litecoin LTC/USD ends the trading week at 40.76 and continues to move as part of growth. Moving averages indicate a bearish trend. At the moment, we can expect an attempt to test the support area near the level of 37.50. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a target above the level of 60.55. Litecoin Forecast and Analysis February 18 — 22, 2019 A test of the support line on the relative strength index (RSI) will be in favor of raising LTC/USD quotes on the current trading week of February 18…
Bitcoin Cash ends the trading week at 120 and continues to move as part of the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to decline and a test of the support area near the level of 90. Where again we should expect a rebound and an attempt to continue growth on Bitcoin Cash with a target above the level of 230. Bitcoin Cash Forecast and Analysis February 18 — 22, 2019 An additional signal in favor of the growth of BCH/USD quotes on the current trading week of February 18 — 22,…