Currency pair Pound Dollar GBP/USD ends the trading week near the 1.2750 area. The pair continues to move within the descending channel. Moving averages indicate a downward trend. At this point we should expect an attempt to grow and test the resistance area near the level of 1.2875. Further, the continuation of the decline in quotations of the Pound Dollar to the area below the level of 1.2335. GBP/USD Forecast and Analysis January 14 — 18, 2019 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index (RSI). Cancellation…
Author: forex24pro
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 66.83 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 of January 14 — 18, 2019, a decline is expected and the test of the support area near the level of 67.55. Where can we expect a rebound and the continuation of the growth of the dollar above 69.35. USD/RUB Forecast and Analysis January 14 — 18, 2019 In favor…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7217 area. The pair 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 0.7285. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6755. AUD/USD Forecast and Analysis January 14 — 18, 2019 In favor of the fall of the pair on Forex will test the downward trend line on the indicator of relative strength index (RSI).…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3183. The pair continues to move within the fall. Moving averages indicate an uptrend. At the moment, we should expect an attempt to grow and test the resistance level near 1.3365. Then, the continuation of the fall in quotations with a target below the level of 1.2815. USD/CAD Forecast and Analysis January 14 — 18, 2019 A test of a broken trend line on the relative strength index (RSI) will be in favor of the fall of the USD/CAD pair. Cancellation of the fall…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.27. 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 109.80. Then rebound and the continuation of the fall of the pair in the area below 104.55. USD/JPY Forecast and Analysis January 14 — 18, 2019 In favor of the fall of the pair Dollar/Yen will test a bearish trend line on the indicator of relative strength index (RSI). As…
GOLD close the trading week near the 1293 area. The quotes continue to move in the ascending channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1260. Further continuation of the growth of the price of Gold with a potential target above the level of 1365. GOLD Forecast and Analysis January 14 — 18, 2019 In favor of the growth of quotations and prices for Gold in the current trading week of January 14 — 18, 2019, a test of the rising trend…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6835 area. The pair continues to move within the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6950. Then, the currency pair will continue to fall with a potential target below the level of 0.6420. NZD/USD Forecast and Analysis January 14 — 18, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward trend line on the relative strength…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9819. The pair continues to move within the correction. Moving averages indicate a bullish. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9765. Further, the continued growth of the pair with a target above the level of 1.0135. USD/CHF Forecast and Analysis January 14 — 18, 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 option…
Currency pair US Dollar to South African USD/ZAR continues to move in frames of the fall. At the time of the publication of the forecast, the rate of the US dollar to the South African Rand is 13.78. At the moment, we can expect an attempt to test the support level near the area of 13.70. Then the pair continues to grow to an area above the level of 15.05. USD/ZAR Forecast and Analysis January 14 — 18, 2019 In favor of the growth of quotations, the South African Rand will test the trend line on the indicator of relative…
Bitcoin BTC/USD ends the trading week at 3633 and continues to move as part 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 4050. 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 2200. Bitcoin Forecast and Analysis BTC/USD January 14 — 18, 2019 In favor of lowering the BTC/USD quotes in the current trading week of…