GOLD close the trading week near the 1313 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 1385. GOLD Forecast and Analysis February 11 — 15, 2019 In favor of the growth of quotations and prices for GOLD in the current trading week of February 11 — 15, 2019, a test of the rising trend 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.
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6745 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 0.6840. Then, the currency pair will continue to fall with a potential target below the level of 0.6435. NZD/USD Forecast and Analysis February 11 — 15, 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 1.0013. The pair continues to move in growth. 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 0.9905. Further, the continued growth of the pair with a target above 1.0275. USD/CHF Forecast and Analysis February 11 — 15, 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 upper boundary…
Bitcoin BTC/USD ends the trading week at the level of 3403 and continues to move as part of the decline. 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 3650. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a potential target below 2400. Bitcoin Forecast and Analysis February 11 — 15, 2019 In favor of reducing the BTC/USD quotes in the current trading week of v, a test of the downward trend…
Ethereum ETH/USD ends the week at 105 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 area 90. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 285. Ethereum Forecast and Analysis February 11 — 15, 2019 A test of the support line on the relative strength index (RSI) will be in favor of the…
Ripple XRP/USD close the trading week at 0.2932 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 0.2800 area. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.5145. Ripple Forecast and Analysis February 11 — 15, 2019 In favor of the growth of XRP/USD quotes in the current trading week on February 11 — 15, 2019, a test of the rising trend line…
Litecoin LTC/USD ends the trading week at 35.72 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 30.50. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a target above the level of 47.00. Litecoin Forecast and Analysis February 11 — 15, 2019 The 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 11…
Bitcoin Cash ends the trading week at level 116 and continues to move as part of the decline. 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 goal above the level of 235. Bitcoin Cash Forecast and Analysis February 11 — 15, 2019 An additional signal in favor of the growth of BCH/USD quotes on the current trading week of February 11 —…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of decline. At the time of the publication of the forecast, the euro/dollar rate is 1.1350. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1415 area. Further, the continuation of the fall of the currency pair Euro/Dollar. The potential target of such a movement is the area below the level 1.1125. EUR/USD Forecast Euro Dollar February 8, 2019 In favor of reducing the EUR/USD quotes, a test of a broken trend line on the relative strength index (RSI) will be made.…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the pound to dollar rate is 1.2946. At the moment, we should expect an attempt to rise and test the resistance area near the level of 1.3035. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The target of the downward movement of the currency pair, in the framework of the FOREX forecast for February 8, 2019, is the…