Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7161 area. The pair continues to move within the fall. Moving averages indicate a bearish trend. At the moment, we can expect an attempt to test growth and 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 0.6825. AUD/USD weekly forecast & analysis December 17 — 21, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the fall of the pair on…
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.
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3389. The pair continues to move in growth. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near 1.3225. Then the growth of quotations continued with the target above the level of 1.3785. USD/CAD weekly forecast & analysis December 17 — 21, 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…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the 113.57 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 116.75. USD/JPY weekly forecast & analysis December 17 — 21, 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 1238 area. The quotes continue to move within the bearish channel. Moving averages indicate a bearish 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 17 — 21, 2018 In favor of the growth of quotations and prices for GOLD in the current trading week from December 17 — 21, 2018, a test of the trend line on the relative…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6788 area. The pair continues to move within the fall. Moving averages indicate a downward trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.6920. Then the continuation of the fall of the currency pair with a potential target below the level of 0.6275. NZD/USD weekly forecast & analysis December 17 — 21, 2018 In favor of reducing the currency pair NZD/USD, a test of a broken trend line on the relative strength index (RSI)…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9971. The pair continues to move within the correction. Moving averages indicate an uptrend. At the moment, we should expect an attempt to decrease and test the support area near the level of 0.9850. Further, the continued growth of the pair with a target above the level of 1.0320. USD/CHF weekly forecast & analysis December 17 — 21, 2018 In favor of the growth of the Dollar/Franc will perform a test line of support on the indicator of relative strength index (RSI). Cancellation of the growth option USD/CHF…
Currency pair US Dollar to South African USD/ZAR continues to move as part of growth. At the time of the publication of the forecast, the rate of the US Dollar to the South African Rand is 14.37. At the moment, we can expect an attempt to test the support level near the area of 13.80. Then the pair continues to grow to an area above the level of 15.60. USD/ZAR weekly forecast & analysis December 17 — 21, 2018 In favor of the growth of quotations, the South African Rand will test the trend line on the indicator of relative…
Bitcoin BTC/USD are trading at 3254 and continue to move as part of the fall. Cryptocurrency capitalization at the time of the publication of the forecast is $57 714 920 065. Moving averages indicate a downward trend in Bitcoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of 3350. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with the target below the level of 2850. Bitcoin forecast & technical analysis December 17, 2018 In favor of falling BTC/USD quotes, a…
Ethereum ETH/USD are trading at 84 and continue to move within the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $8 972 352 634. Moving averages indicate a downward trend in Ethereum. At the moment, we should expect an attempt to correct and test the resistance level near area 95. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below level 55. Ethereum forecast & technical analysis December 17, 2018 An additional signal in favor of ETH/USD quotes reduction is a…
Litecoin LTC/USD traded at 23.05 and continue to move in a decline. Cryptocurrency capitalization at the time of the publication of the forecast is $1 409 947 055. Moving averages indicate a downward trend in Litecoin. At the moment, we should expect an attempt to test the resistance level near the 24.00 area. Where once again we should expect a rebound and the continuation of the decline in the course of Litecoin with a goal below the level of 18.50. Litecoin forecast & technical analysis December 17, 2018 In favor of the growth of LTC/USD quotes, a test of the…