The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3183. The pair continues to move within the fall. Moving averages indicate an uptrend. At the moment, we should expect an attempt to grow and test the resistance level near 1.3365. Then, the continuation of the fall in quotations with a target below the level of 1.2815. USD/CAD Forecast and Analysis January 14 — 18, 2019 A test of a broken trend line on the relative strength index (RSI) will be in favor of the fall of the USD/CAD pair. Cancellation of the fall…
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 108.27. The pair continues to move in decline. Moving averages indicate an uptrend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 109.80. Then rebound and the continuation of the fall of the pair in the area below 104.55. USD/JPY Forecast and Analysis January 14 — 18, 2019 In favor of the fall of the pair Dollar/Yen will test a bearish trend line on the indicator of relative strength index (RSI). As…
GOLD close the trading week near the 1293 area. The quotes continue to move in the ascending channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1260. Further continuation of the growth of the price of Gold with a potential target above the level of 1365. GOLD Forecast and Analysis January 14 — 18, 2019 In favor of the growth of quotations and prices for Gold in the current trading week of January 14 — 18, 2019, a test of the rising trend…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6835 area. The pair continues to move within the correction. 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 0.6950. Then, the currency pair will continue to fall with a potential target below the level of 0.6420. NZD/USD Forecast and Analysis January 14 — 18, 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 0.9819. The pair continues to move within the correction. Moving averages indicate a bullish. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9765. Further, the continued growth of the pair with a target above the level of 1.0135. USD/CHF Forecast and Analysis January 14 — 18, 2019 In favor of the growth of the dollar pair Frank will perform a test line of support on the indicator of relative strength index (RSI). Cancellation of the growth option…
Currency pair US Dollar to South African USD/ZAR continues to move in frames of the fall. At the time of the publication of the forecast, the rate of the US dollar to the South African Rand is 13.78. At the moment, we can expect an attempt to test the support level near the area of 13.70. Then the pair continues to grow to an area above the level of 15.05. USD/ZAR Forecast and Analysis January 14 — 18, 2019 In favor of the growth of quotations, the South African Rand will test the trend line on the indicator of relative…
Bitcoin BTC/USD ends the trading week at 3633 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 grow and test the resistance area near the level of 4050. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a potential target below the level of 2200. Bitcoin Forecast and Analysis BTC/USD January 14 — 18, 2019 In favor of lowering the BTC/USD quotes in the current trading week of…
Ethereum ends the trading week at 124 and continues to move as part of the decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt of growth and a test of the upper limit of the downward channel near region 140. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below level 65. Ethereum Forecast and Analysis ETH/USD January 14 — 18, 2019 The formation of the «Failure Swing» reversal pattern on the relative strength index (RSI) will be in favor of…
Ripple XRP/USD close the trading week at 0.3283 and continue 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 level near the area of 0.3850. Where once again we should expect a rebound and the continuation of the decline of cryptocurrency in the region below the level of 0.2250. Ripple Forecast and Analysis XRP/USD January 14 — 18, 2019 In favor of the fall in XRP/USD quotes in the current trading week of January 14 — 18, 2019, a test of the…
Litecoin LTC/USD ends the trading week at 31.28 and continues to move as part of the decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 34.50. From where it is again necessary to expect a rebound and an attempt to continue the decline on Litecoin with the goal below the level of 20.00. Litecoin Forecast and Analysis LTC/USD January 14 — 18, 2019 In favor of lowering LTC/USD quotes in the current trading week of January 14 — 18, 2019, a resistance line test on…