Currency pair Pound Dollar GBP/USD ends the trading week near the 1.2727 area. The pair continues to move within the descending channel. Moving averages indicate a bearish trend. At this point we should expect an attempt to test growth and test the resistance area near the level of 1.2775. Further, the continuation of the decline in quotations of the Pound Dollar to the area below the level of 1.2155. GBP/USD weekly forecast & analysis January 7 — 11, 2019 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index…
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 67.53 Rubles for the US Dollar. The pair continues to move within the bullish channel. Moving averages indicate an uptrend. In the current trading week of January 7 — 11, 2019, a decline is expected and a test of the support area near the level of 67.15. Where can we expect a rebound and the continued growth of the dollar above the level of 72.55. USD/RUB weekly forecast & analysis January 7 — 11, 2019 In favor of the growth of the pair Dollar/Ruble…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7115 area. The pair continues to move within the correction. 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 0.7265. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6665. AUD/USD weekly forecast & analysis January 7 — 11, 2019 In favor of the fall of the pair on Forex will test the bearish trend line on the indicator of relative strength index…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3391. The pair continues to move within the bearish correction. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3195. Then, the growth of quotations with the target above the level of 1.3865. USD/CAD weekly forecast & analysis January 7 — 11, 2019 A test of the bullish trend line on the relative strength index (RSI) will be in favor of the growth of the USD/CAD pair. As well…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.52. The pair continues to move in decline. Moving averages indicate an uptrend. At the moment, we can expect an attempt to grow and test the resistance level near the area of 109.90. Then rebound and the continuation of the fall of the pair in the area below the level 103.75. USD/JPY weekly forecast & analysis January 7 — 11, 2019 In favor of the fall of the pair Dollar/Yen will test the downward trend line on the indicator of relative strength…
GOLD close the trading week near the 1284 area. The quotes continue to move in the uplink channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support level near the 1245 area. Further, the GOLD price will continue to rise with a potential target above the level of 1345. GOLD weekly forecast & analysis January 7 — 11, 2019 In favor of the growth of quotations and prices for GOLD in the current trading week of January 7 — 11, 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 0.6745 area. The pair continues to move within the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6650. Then, the growth of the currency pair continues with a potential target above the level of 0.7085. NZD/USD weekly forecast & analysis January 7 — 11, 2019 In favor of the growth of the NZD/USD currency pair, a test of the rising trend line on the relative strength…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9861. 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 0.9745. Further, the continued growth of the pair with a target above the level of 1.0175. USD/CHF weekly forecast & analysis January 7 — 11, 2019 In favor of the growth of the Dollar/Franc will perform a test line of support on the indicator of relative strength index (RSI). Cancellation of the growth option…
Bitcoin BTC/USD ends the trading week at the level of 3791 and continues to move as part of the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 3650. 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 5000. Bitcoin weekly forecast & analysis January 7 — 11, 2019 In favor of the growth of BTC/USD quotes in the current trading week of January 7 —…
Ethereum ETH/USD ends the trading week at 151 and continues to move as part of growth. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the upper limit of the descending channel near the area of 155. Where should we expect a rebound again and the continuation of the fall in the rate of Ethereum with a potential target below level 85. Ethereum weekly forecast & analysis January 7 — 11, 2019 The formation of the «Failure Swing» reversal pattern on the relative strength index (RSI) will be in favor of…