Currency pair US Dollar Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian ruble is 66.48. At the moment, it is worth expecting an attempt to correct and test the support level near the 65.95 Ruble area for the US Dollar. Then, the pair continues to grow to an area above the level of 68.95. USD/RUB forecast Russian Ruble December 11, 2018 The test of the trend line on the relative strength…
Author: forex24pro
The currency pair of the US Dollar vs South African Rand USD/ZAR continues to move in growth. At the time of the publication of the forecast, the course of the US Dollar to the South African Rand is 14.33. At the moment, we should expect an attempt to decrease and test the support level near the 14.05 area. Further, the continuation of the growth of the pair to the area above the level of 14.90. USD/ZAR forecast South African Rand December 11, 2018 In favor of the growth of quotations, the South African Rand will test the trend line on…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1397. The pair continues to move within the 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 1.1525. 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 1.0975. EUR/USD weekly forecast & analysis December 10 — 14, 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 area of 62.87 dollars per barrel. And it continues to move within the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to correct and test the resistance area near the level of 66.50. Then the continuation of the fall of oil into the region below the level of 52.00 dollars per barrel. BRENT oil weekly forecast & analysis December 10 — 14, 2018 An additional signal in favor of falling oil prices this week will be a test of the trend line on the…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.2748 area. The pair continues to move within the descending channel. Moving averages indicate a downward trend. At this point we can expect an attempt to test growth and the area of resistance near the level of 1.2950. Further, the continuation of the decline in quotations of the Pound/Dollar to the area below the level of 1.2200. GBP/USD weekly forecast & analysis December 10 — 14, 2018 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index (RSI).…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 66.12 Rubles for the US Dollar. The pair continues to move within the bullish channel. Moving averages indicate an uptrend. In the current trading week of December 10 — 14, 2018, a decrease in the support area test near the level of 65.40 is expected. Where can we expect a rebound and the continuation of the growth of the dollar higher level of 71.25. USD/RUB weekly forecast & analysis December 10 — 14, 2018 In favor of the growth of the pair Dollar/Ruble will…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7212. The pair continues to move within the correction. Moving averages indicate a downward trend. At the moment, we can expect an attempt to test growth and the area of resistance near the level of 0.7325. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6805. AUD/USD weekly forecast & analysis December 10 — 14, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the fall of the…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3294. The pair continues to move in growth. Moving averages indicate an uptrend. At the moment, we should expect an attempt to decrease and test the support level near 1.3140. Then, the growth of quotations with the goal above the level of 1.3645. USD/CAD weekly forecast & analysis December 10 — 14, 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 from the…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the 112.57 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 116.35. USD/JPY weekly forecast & analysis December 10 — 14, 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 1244 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 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 10 — 14, 2018 In favor of the growth of quotations and prices for GOLD in the current trading week of December 10 — 14, 2018, a test of the trend line on the relative…