Currency pair Pound Dollar GBP/USD completes the trading week near the 1.3069 area. The pair continues to move within the descending channel. Moving averages indicate a downward trend. At this point we should expect an attempt to grow and test the resistance area near the level of 1.3135. Further, the continuation of the decline in quotations of the Pound/Dollar to the area below the level of 1.2465. GBP/USD Forecast and Analysis February 4 — 8, 2019 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index (RSI). Cancellation of…
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 65.44 Rubles for the US Dollar. The pair continues to move within the correction. Moving averages indicate an uptrend. In the current trading week of February 4 — 8, 2019, a decrease in the support area test near the level of 64.45 is expected. Where can we expect a rebound and continued growth of the dollar above the level of 68.95. USD/RUB Forecast and Analysis February 4 — 8, 2019 In favor of the growth of the dollar ruble pair will be a test…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7258. 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 0.7335. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6775. AUD/USD Forecast and Analysis February 4 — 8, 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 1.3142. The pair continues to move within the correction. Moving averages indicate an uptrend. At the moment, we can expect an attempt to reduce and test the support level near the 1.3045 area. Then, the growth of quotations with the goal above the level of 1.3595. USD/CAD Forecast and Analysis February 4 — 8, 2019 The test of the support area on the relative strength index (RSI) will be in favor of raising the USD/CAD currency pair. Cancellation of the growth option of the…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the 108.85 area. The pair continues to move within the upward 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 110.05. Then rebound and the continuation of the fall of the pair in the area below 104.55. USD/JPY Forecast and Analysis February 4 — 8, 2019 In favor of the fall of the pair Dollar/Yen will test the downward trend line on the indicator of relative strength index…
GOLD close the trading week near the 1321 area. The quotes continue 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 the 1295 area. Further, the GOLD price will continue to rise with a potential target above the level of 1375. GOLD Forecast and Analysis February 4 — 8, 2019 In favor of the growth of quotations and prices for GOLD in the current trading week on February February 4 — 8, 2019, a test of the rising trend line on…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6920 area. The pair continues to move within the correction. 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 0.6995. Then, the currency pair will continue to fall with a potential target below the level of 0.6455. NZD/USD Forecast and Analysis February 4 — 8, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward trend line on the relative strength…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9925. The pair continues to move in growth. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9860. Further, the continued growth of the pair with a target above 1.0275. USD/CHF Forecast and Analysis February 4 — 8, 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 of…
Bitcoin BTC/USD ends the trading week at the level of 3411 and continues to move as part of the decline and the formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 3750. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a potential target below 2350. Bitcoin Forecast and Analysis February 4 — 8, 2019 In favor of reducing the BTC/USD quotes in the current trading week on February…
Ethereum ETH/USD ends the trading week at 104 and continues to move as part of the correction. Moving averages indicate a downward trend. At the moment, we should expect an attempt of growth and a test of the upper boundary of the downward channel near the area of 125. Where should we expect a rebound again and the continuation of the fall of the Ethereum rate with a potential target below level 55. Ethereum Forecast and Analysis February 4 — 8, 2019 The test of the resistance line on the relative strength index (RSI) will be in favor of the…