GOLD close the trading week near the 1257 area. The quotes continue to move within the descending channel. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1265. Further, the continuation of the fall in the price of GOLD with a potential target below the level of 1180. GOLD weekly forecast & analysis December 24 — 28, 2018 The formation of the «Head and Shoulders» reversal pattern on the relative strength index (RSI) will be in favor of reducing the quotations and prices for…
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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 New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6725 area. The pair continues to move within the fall. 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 0.6850. Then, the currency pair will continue to fall with a potential target below the level of 0.6405. NZD/USD weekly forecast & analysis December 24 — 28, 2018 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 0.9904. The pair continues to move within the framework of the correction and the formation of the «Wedge» model. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9840. Further, the continuation of the growth of the pair with a target above the level of 1.0250. USD/CHF weekly forecast & analysis December 24 — 28, 2018 In favor of the growth of the dollar pair Frank will perform a test line of support…
Bitcoin Cash ends the trading week at 217 and continues to move as part of strong growth. 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 365. Where once again we should expect a rebound and an attempt to continue the development of a fall on Bitcoin Cash with a target below 65. Bitcoin Cash weekly forecast December 24 — 28, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the fall in BCH/USD quotes…
Litecoin LTC/USD ends the trading week at 29.76 and continues to move as part of the fall. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 40.00. From where it is again necessary to expect a rebound and an attempt to continue falling on Litecoin with a target below the level of 15.00. Litecoin weekly forecast December 24 — 28, 2018 In favor of lowering LTC/USD quotes in the current trading week, December 24 — 28, 2018, a resistance line test on the relative strength index…
Ripple XRP/USD close the trading week at 0.3651 and continue to move as part of the correction. Moving averages indicate a downward trend. At the moment, we should expect an attempt to test the resistance level near 0.4500. Where can we again expect a rebound and the continuation of the fall of cryptocurrency in the region below the level of 0.2200. Ripple weekly forecast December 24 — 28, 2018 In favor of reducing the XRP/USD quotes in the current trading week December 24 — 28, 2018, a test of the trend line on the relative strength index (RSI) will come…
Ethereum ETH/USD ends the trading week at 112 and continues to move as part of an upward correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to test the upper bearish channel boundary near the region 155. Where once again we should expect a rebound and the continuation of the decline in the rate of Ethereum with a potential target below level 60. Ethereum weekly forecast December 24 — 28, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the drop in ETH/USD quotes on…
Bitcoin BTC/USD ends the trading week at 4015 and continues to move as part of an upward 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 4650. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a potential target below 2550. Bitcoin weekly forecast December 24 — 28, 2018 In favor of reducing the BTC/USD quotes in the current trading week December 24 — 28, 2018, a test of the trend line on…
Soybean ends the trading week at 3.64 and continues to move as part of the fall. Moving averages indicate a bearish trend. At the moment, we should expect a continuation of the decline and a test of the support area near the level of 890. Where again we should expect a rebound and an attempt to continue the growth of the Soybean rate with a potential target above the level of 1000. Soybean forecast for the week December 24 — 28, 2018 A test of the rising trend line on the relative strength index (RSI) will be in favor of…
Sugar ends the trading week at 12.44 and continues to move as part of the decline. Moving averages indicate a bearish trend. At the moment, we can expect a continuation of the fall and the test of the support area near the level of 12.10. Where can we expect a rebound again and an attempt to continue the growth of the Sugar rate with a potential target above the level of 14.10. Sugar forecast for the week December 24 — 28, 2018 In favor of the growth of Sugar quotes in the current trading week December 24 — 28, 2018,…