Quotes of BRENT complete the trading week near the area of 59.90 dollars per barrel. And it continues to move in the framework of the fall. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to correct and test the resistance area near the 66.50 level. Then continued the fall of oil in the area below the level of 51.00 dollars per barrel. BRENT oil weekly forecast & analysis December 3 — 7, 2018 An additional signal in favor of falling oil prices this week will be a test of the trend line on 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 Pound Dollar GBP/USD ends the trading week near the 1.2799 area. The pair continues to move within the formation of the «Triangle» model. Moving averages indicate a bearish trend. At this point we can expect an attempt to test growth and the area of resistance near the level of 1.2970. Further, the continuation of the decline in quotations of the Pound/Dollar to the area below the level of 1.2210. GBP/USD weekly forecast & analysis December 3 — 7, 2018 In favor of the fall of the British Pound will test the resistance line on the indicator of relative…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 66.61 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 3 — 7, 2018, a decline is expected and a test of the support area near the level of 65.40. Where can we expect a rebound and the continuation of the growth of the dollar above the level of 72.00. USD/RUB weekly forecast & analysis December 3 — 7, 2018 In favor of the growth of the…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7310 area. 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 resistance area near the level of 0.7405. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6930. AUD/USD weekly forecast & analysis December 3 — 7, 2018 In favor of the fall of the pair on Forex, a breakdown of the rising trend line on the relative strength index (RSI)…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3299. The pair continues to move in growth. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to decrease and test the support level near the 1.3115 area. Then, the growth of quotations with the target above the level of 1.3595. USD/CAD weekly forecast & analysis December 3 — 7, 2018 The test of the rising trend line on the relative strength index (RSI) will be in favor of the USD/CAD pair growth. As well as a rebound from…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 113.43. The pair continues to move within the ascending channel. Moving averages indicate a bullish trend. 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 3 — 7, 2018 In favor of the growth of a pair of Dollar/Yen will test the support line on the indicator of relative strength…
GOLD close the trading week near the 1224 area. The quotes continue to move within the descending channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the 1235 area. Further, the beginning of the fall in the price of GOLD with a potential target below the level of 1155. GOLD weekly forecast & analysis December 3 — 7, 2018 The test of the broken trend line on the relative strength index (RSI) will be in favor of lowering quotations and prices for GOLD in the current…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6860 area. The pair continues to move in growth. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.6940. Then, the currency pair will continue to fall with a potential target below the level of 0.6480. NZD/USD weekly forecast & analysis December 3 — 7, 2018 In favor of reducing the NZD/USD currency pair, a test of a broken trend line on the relative strength index (RSI) will be made.…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9956. The pair continues to move in decline. Moving averages indicate an uptrend. At the moment, we should expect an attempt to correct and test the support area near the level of 0.9870. Further, the continuation of the pair with the target above level 1.0255. USD/CHF weekly forecast & analysis December 3 — 7, 2018 In favor of the growth of the pair Dollar/Franc will test the support area on the indicator of relative strength index (RSI). Cancellation of the growth option USD/CHF will fall and the breakdown…
Bitcoin BTC/USD ends the trading week at 4190 and continues to move as part of the decline. Moving averages indicate a downward trend. At the moment, we should expect an attempt to correct and test the resistance area near the 4700 level. Where once again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a potential target below 2000. Bitcoin weekly forecast December 3 — 7, 2018 In favor of reducing the BTC/USD quotes in the current trading week, December 3 — 7, 2018, a test of the trend line on the…