Quotes of BRENT complete the trading week near the area of $ 53.93 per barrel. And it continues to move in decline. 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 58.40. Then continued the fall of oil in the area below the level of 44.90 dollars per barrel. BRENT oil weekly forecast & analysis December 24 — 28, 2018 An additional signal in favor of falling oil prices this week will be a test of the trend line on the relative strength index…
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 1.2566 area. The pair continues to move within the bearish 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 1.2655. Further, the continuation of the decline in quotations of the Pound/Dollar to the area below the level of 1.2155. GBP/USD weekly forecast & analysis December 24 — 28, 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 68.34 Rubles for the US Dollar. The pair continues to move within the bullish channel. Moving averages indicate an uptrend. In the current trading week December 24 — 28, 2018, a decline is expected and a test of the support area near the level of 66.85. Where can we expect a rebound and continued growth of the dollar above 74.65. USD/RUB weekly forecast & analysis December 24 — 28, 2018 In favor of the growth of the pair Dollar/Ruble will make a test of…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7079. The pair continues to move within the fall. 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 0.7245. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6755. AUD/USD weekly forecast & analysis December 24 — 28, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the fall of the pair…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3531. The pair continues to move in growth. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3335. Then, the growth of quotations with the goal above the level of 1.3915. USD/CAD weekly forecast & analysis December 24 — 28, 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…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the region 111.16. The pair continues to move within the fall. Moving averages indicate an uptrend. At the moment, we should expect an attempt to rise and test the resistance level near the area of 111.90. Then rebound and the continuation of the fall of the pair in the area below the level of 108.55. USD/JPY weekly forecast & analysis December 24 — 28, 2018 In favor of the fall of the pair Dollar/Yen will test the broken trend line on the indicator of relative…
GOLD close the trading week near the 1257 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 grow and test the resistance level near the area of 1265. Further, the continuation of the fall in the price of GOLD with a potential target below the level of 1180. GOLD weekly forecast & analysis December 24 — 28, 2018 The formation of the «Head and Shoulders» reversal pattern on the relative strength index (RSI) will be in favor of reducing the quotations and prices for…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6725 area. The pair continues to move within the fall. 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 0.6850. Then, the currency pair will continue to fall with a potential target below the level of 0.6405. NZD/USD weekly forecast & analysis December 24 — 28, 2018 In favor of reducing the currency pair NZD/USD, a test of the downward trend line on the relative strength index (RSI)…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9904. The pair continues to move within the framework of the correction and the formation of the «Wedge» model. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9840. Further, the continuation of the growth of the pair with a target above the level of 1.0250. USD/CHF weekly forecast & analysis December 24 — 28, 2018 In favor of the growth of the dollar pair Frank will perform a test line of support…
Bitcoin Cash ends the trading week at 217 and continues to move as part of strong growth. 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 365. Where once again we should expect a rebound and an attempt to continue the development of a fall on Bitcoin Cash with a target below 65. Bitcoin Cash weekly forecast December 24 — 28, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the fall in BCH/USD quotes…