Bitcoin Cash BCH/USD is trading at 79. Cryptocurrency is trading below the lower border of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a bearish trend on Bitcoin Cash. As part of the Bitcoin Cash prediction & analysis BCH/USD December 17, 2018, the Ichimoku Kinko Hyo Cloud is expected to test below the level of 80. Where should we expect an attempt to rebound and continue to lower the BCH/USD cryptocurrency with a goal below 60. Bitcoin Cash prediction & analysis BCH/USD December 17, 2018 An additional signal in favor of the fall of cryptocurrency will be the…
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 Euro Dollar EUR/USD completes the trading week near the area of 1.1288. The pair continues to move within the correction. Moving averages indicate a downward trend. At the moment, we can expect an attempt to grow and test the resistance area near the level of 1.1445. Where is expected to rebound and the continuation of the fall of the euro/dollar. The potential target of the decline is the area below 1.0825. EUR/USD weekly forecast & analysis December 17 — 21, 2018 The test of the trend line on the relative strength index (RSI) will be in favor of…
Quotes of BRENT complete the trading week near the region of 60.84 dollars per barrel. And it continues to move within the framework 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 63.50. Then the continuation of the fall of oil into the region below the level of 48.50 dollars per barrel. BRENT oil weekly forecast & analysis December 17 — 21, 2018 An additional signal in favor of falling oil prices this week…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.2566 area. The pair continues to move within the descending channel. Moving averages indicate a bearish trend. At this point we can expect an attempt to test growth and the resistance area near the level of 1.2650. Further, the continuation of the decline in quotations of the Pound/Dollar to the area below the level of 1.1975. GBP/USD weekly forecast & analysis December 17 — 21, 2018 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index (RSI). As…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 66.43 Rubles for the US Dollar. The pair continues to move within the ascending channel. Moving averages indicate a bullish trend. In the current trading week, December 17 — 21, 2018, a decrease in the support area test near 65.60 is expected. Where can we expect a rebound and continued growth of the dollar above the level of 72.05. USD/RUB weekly forecast & analysis December 17 — 21, 2018 In favor of the growth of the pair Dollar/Ruble will be a test of the…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7161 area. The pair continues to move within the fall. Moving averages indicate a bearish trend. At the moment, we can expect an attempt to test growth and the resistance area near the level of 0.7285. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6825. AUD/USD weekly forecast & analysis December 17 — 21, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the fall of the pair on…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3389. The pair continues to move in growth. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near 1.3225. Then the growth of quotations continued with the target above the level of 1.3785. USD/CAD weekly forecast & analysis December 17 — 21, 2018 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 rebound…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the 113.57 area. The pair continues to move within the bullish channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to decrease and test the support level near the 112.35 area. Then rebound and continued growth of the pair to the area above the level of 116.75. USD/JPY weekly forecast & analysis December 17 — 21, 2018 In favor of the growth of a pair of Dollar/Yen will test the support line on the indicator of relative strength index (RSI).…
GOLD close the trading week near the 1238 area. The quotes continue to move within the bearish channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support level near the 1225 area. Further, the Gold price will continue to rise with a potential target above the 1270 level. GOLD weekly forecast & analysis December 17 — 21, 2018 In favor of the growth of quotations and prices for GOLD in the current trading week from December 17 — 21, 2018, a test of the trend line on the relative…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6788 area. The pair continues to move within the fall. Moving averages indicate a downward trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.6920. Then the continuation of the fall of the currency pair with a potential target below the level of 0.6275. NZD/USD weekly forecast & analysis December 17 — 21, 2018 In favor of reducing the currency pair NZD/USD, a test of a broken trend line on the relative strength index (RSI)…