Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7041 area. The pair continues to move in 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 0.7240. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6735. AUD/USD forecast & analysis December 31 — January 4, 2019 A test of the trend line on the relative strength index (RSI) will be in favor of the fall of the pair on Forex.…
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.
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3608. 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 level near the area of 1.3465. Then, the growth of quotations with the target above the level of 1.3935. USD/CAD forecast & analysis December 31 — January 4, 2019 A test of the rising trend line on the relative strength index (RSI) will be in favor of the growth of the USD/CAD pair. As well as a…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the 110.39 area. 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 111.90. Then rebound and the continuation of the fall of the pair in the area below the level of 108.00. USD/JPY forecast & analysis December 31 — January 4, 2019 In favor of the fall of the pair Dollar/Yen will test the broken trend line on the indicator of relative strength…
GOLD close the trading week near the 1276 area. The quotes continue to move within the descending channel. 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 1285. Further continuation of the fall in the price of GOLD with a potential target below the level of 1185. GOLD forecast & analysis December 31 — January 4, 2019 In favor of reducing the quotations and prices for GOLD in the current trading week December 31 — January 4, 2019, a test of the downward trend…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6697 area. The pair continues to move within the fall. 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 0.6820. Then, the currency pair will continue to fall with a potential target below the level of 0.6445. NZD/USD forecast & analysis December 31 — January 4, 2019 In favor of reducing the currency pair NZD/USD, a test of the downward trend line on the relative strength index (RSI)…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9852. 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 area near the level of 0.9755. Further, the continued growth of the pair with a goal above the level of 1.0170. USD/CHF forecast & analysis December 31 — January 4, 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…
Bitcoin BTC/USD ends the trading week at the level of 3596 and continues 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 area near the level of 3400. 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 5500. Bitcoin forecast December 31 — January 4, 2019 In favor of the growth of BTC/USD quotes in the current trading week December 31 — January…
Ethereum ETH/USD ends the trading week at the level of 115 and continues to move as part of a downward correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and test the lower boundary of the ascending channel near the area of 155. Where once again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 165. Ethereum forecast December 31 — January 4, 2019 In favor of the growth of ETH/USD quotes on the current trading week December 31 — January…
Ripple XRP/USD close the trading week at 0.3392 and continue to move as part of the decline. Moving averages indicate a downward trend. At the moment, we should expect an attempt to test the support level near the 0.3000 area. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.4450. Ripple forecast December 31 — January 4, 2019 The formation of the «Head and Shoulders» reversal pattern on the relative strength index (RSI) will be in favor of the growth of XRP/USD quotes on the current trading week December…
Litecoin LTC/USD ends the trading week at 26.93 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 support area near the level of 23.50. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a target above the level of 38.50. Litecoin forecast December 31 — January 4, 2019 In favor of the growth of LTC/USD quotes in the current trading week December 31 — January 4, 2019, a support line test on the relative strength index…