BRENT crude oil complete the trading week near the area of $ 61.17 per barrel. And it continues to move within the correction. 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 54.95. Then, the continuation of the fall of oil into the region below the level of 49.65 dollars per barrel. BRENT oil Forecast and Analysis January 28 — February 1, 2019 An additional signal in favor of reducing the quotations of oil this week will be a test of the trend line…
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 Pound Dollar GBP/USD ends the trading week near the 1.3078 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 grow and test the resistance area near the level of 1.3155. Further, the continuation of the decline in quotations of the Pound/Dollar to the area below the level of 1.2395. GBP/USD Forecast and Analysis January 28 — February 1, 2019 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index (RSI). Cancellation…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 66.08 Rubles for the US Dollar. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate an uptrend. In the current trading week, January 28 — February 1, 2019, a decline is expected and a test of the support area near the level of 65.90. Where can we expect a rebound and the continued growth of the dollar above the level of 68.55. USD/RUB Forecast and Analysis January 28 — February 1, 2019…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7097. 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 0.7165. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6765. AUD/USD Forecast and Analysis January 28 — February 1, 2019 In favor of the fall of the pair on Forex will test the downward trend line on the indicator of relative strength…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3325. The pair continues to move within the correction. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the 1.3235 area. Then the growth of quotations continued with the goal above the level of 1.3685. USD/CAD Forecast and Analysis January 28 — February 1, 2019 The test of the rising trend line on the relative strength index (RSI) will be in favor of raising the USD/CAD currency pair. Cancellation of the growth…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the 109.79 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 110.35. Then rebound and the continuation of the fall of the pair in the area below the level of 105.90. USD/JPY Forecast and Analysis January 28 — February 1, 2019 In favor of the fall of the pair Dollar/Yen will test the downward trend line on the indicator…
GOLD close the trading week near the 1283 area. The quotes continue to move within the bullish channel. Moving averages indicate a lateral trend. At the moment, it is worth expecting an attempt to reduce and test the support level near the area of 1265. Further continuation of the growth of the price of GOLD with a potential target above the level of 1355. GOLD Forecast and Analysis January 28 — February 1, 2019 In favor of the growth of quotations and prices for GOLD in the current trading week January 28 — February 1, 2019 will test the rising…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6769 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 0.6825. Then, the currency pair will continue to fall with a potential target below the level of 0.6445. NZD/USD Forecast and Analysis January 28 — February 1, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward trend line on the relative…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9961. 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 0.9865. Further, the continuation of the pair with a goal above 1.0235. USD/CHF Forecast and Analysis January 28 — February 1, 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 USD/CHF will be the fall and…
Bitcoin BTC/USD ends the trading week at 3541 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 3765. 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 2250. Bitcoin Forecast and Analysis January 28 — February 1, 2019 In favor of reducing the BTC/USD quotes in the current trading week of…