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…
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.
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,…
Nickel ends the trading week at 10808 and continues to move in the bearish channel. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the upper limit of the channel near the level of 10860. Where again we should expect a rebound and an attempt to continue the fall of the Nickel rate with a potential target below the level of 9280. Nickel forecast for the week December 24 — 28, 2018 In favor of reducing the quotes Nickel in the current trading week December 24 — 28, 2018 will test…
Cotton ends the trading week at 75.11 and continues to move in the bearish channel. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the upper boundary of the channel near the level of 78.00. Where can we expect a rebound again and an attempt to continue the fall of the Cotton rate with a potential target below the level of 65.00. Cotton forecast for the week December 24 — 28, 2018 In favor of reducing Cotton quotes in the current trading week December 24 — 28, 2018, a test of…
Corn ends the trading week at level 376 and continues to move in the bearish channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to grow and test the upper limit of the channel near the level of 380. Where again we should expect a rebound and an attempt to continue the fall of the Corn rate with a potential target below 345. Corn forecast for the week December 24 — 28, 2018 In favor of reducing the Corn quotes in the current trading week December 24 — 28, 2018, a resistance line test on…
Wheat completes the trading week at level 521 and continues to move as part of the «Head and Shoulders» reversal pattern. Moving averages indicate an uptrend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 540. Where again we should expect a rebound and an attempt to continue the fall of the Wheat rate with a potential target below 465. Wheat forecast for the week December 24 — 28, 2018 In favor of reducing the Wheat quotes in the current trading week December 24 — 28, 2018, the downward resistance…
Cocoa ends the trading week at level 2255 and continues to move as part of the formation of the «Triangle» model. Moving averages indicate a bearish trend. At the moment, we should expect a correction and test of the resistance area near the level of 2320. Where again we should expect a rebound and an attempt to continue the fall of the Cocoa rate with a potential target below the level of 1895. Cocoa forecast for the week December 24 — 28, 2018 In favor of reducing the Cocoa quotes in the current trading week December 24 — 28, 2018,…
Natural Gas ends the trading week at 3.64 and continues to move as part of the fall. Moving averages indicate an uptrend. At the moment, we should expect the continuation of the fall and the test of the support area near the level 3.40. Where can we expect a rebound again and an attempt to continue the growth of the Natural Gas rate with a potential target above level 4.25. Natural Gas forecast for the week December 24 — 28, 2018 In favor of the growth of quotations of Natural Gas in the current trading week December 24 — 28,…
Copper completes the trading week at 6021 and continues to move as part of the decline. Moving averages indicate a downward trend. At the moment, we should expect an upward correction and a test of the resistance area near the level of 6080. Where again we should expect a rebound and an attempt to continue the fall of the Copper rate with a potential target below the level of 5515. Copper forecast for the week December 24 — 28, 2018 In favor of reducing the Copper quotes in the current trading week December 24 — 28, 2018, a test of…
Platinum ends the trading week at 788 and continues to move as part of the decline. 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 810. Where again we should expect a rebound and an attempt to continue the fall of the Platinum rate with a potential target below 700. Platinum forecast for the week December 24 — 28, 2018 In favor of reducing the quotations of Platinum in the current trading week December 24 — 28, 2018, a test of the downward trend…