Quotes of BRENT continue to move in the fall. At the time of the publication of the forecast, the price of BRENT oil is $ 60.13 per barrel. At the moment, we can expect an attempt to grow and test the resistance level near the area of 61.50 dollars per barrel. Further, the continuation of the fall of the oil in the region below the level of 54.55. BRENT forecast & technical analysis December 7, 2018 In favor of lowering quotations and prices for BRENT oil, a test of a broken trend line on the relative strength index (RSI) will…
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY 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 Japanese Yen is 112.75. At the moment, we should expect an attempt to decrease and test the support area near the level of 112.55. Further, the continued growth of the pair USD/JPY to the area above the level of 114.75. USD/JPY forecast Japanese Yen December 7, 2018 A test of the trend line on the relative…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the fall. At the time of the publication of the forecast, the Australian Dollar to the US dollar is 0.7216. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7280. Further, the continuation of the fall of quotations to the area below the level of 0.7070 as part of the formation of the «Head and Shoulders» reversal pattern. AUD/USD forecast Australian Dollar December 7, 2018 In favor of reducing the pair AUD/USD there will be…
Currency pair Pound/Dollar GBP/USD continues to move in line with the decline. At the time of the publication of the forecast, the pound to dollar rate is 1.2733. At the moment, we should expect an attempt to decrease and test the support area near the level of 1.2680. Where once again we should expect a rebound and the continuation of the company of the Pound against the Dollar. The target of the upward movement of the currency pair, in the FOREX forecast for December 7, 2018, is the area at the level of 1.2960. GBP/USD forecast Pound Dollar December 7,…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the euro/dollar rate is 1.1328. At the moment, we should expect an attempt to decrease and test the support level near the 1.1300 area. Where can we expect a rebound and continued growth of the euro dollar currency pair. A potential target of such a movement is the area above the level of 1.1600. EUR/USD forecast Euro Dollar December 7, 2018 In favor of the growth of the EUR/USD quotes, a…
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 rate of the US Dollar to the South African Rand is 13.94. At the moment, we should expect an attempt to decrease and test the support level near the 13.85 area. Further, the pair continues to grow to an area above the level of 14.50. USD/ZAR forecast South African Rand December 7, 2018 In favor of the growth of quotations, the South African Rand will test the trend line on the indicator of…
Bitcoin BTC/USD are trading at 3799 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $67 343 164 585. At the moment, we can expect an attempt to test the resistance level near the area of 3920. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with the goal below 3450. Bitcoin forecast & technical analysis December 7, 2018 In favor of falling BTC/USD quotes, a test of the resistance line on the relative strength index (RSI) will come…
Ethereum ETH/USD are trading at 101 and continue to move in the downstream channel. Cryptocurrency capitalization at the time of the publication of the forecast is $10 669 648 598. At the moment, we can expect an attempt to correct and test the resistance level near the region 103. Where again we should expect a rebound and the continuation of the fall of the Ethereum rate with a potential target below 85. Ethereum forecast & technical analysis December 7, 2018 An additional signal in favor of ETH/USD quotes reduction is a test of the trend line on the relative strength…
Litecoin LTC/USD traded at 29.30 and continue to move in the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $1 780 951 555. At the moment, we should expect an attempt to test the resistance level near the area of 30.50. Where once again we should expect a rebound and the continuation of the decline of the course Litecoin with a target below the level of 25. Litecoin forecast & technical analysis December 7, 2018 In favor of the growth of LTC/USD quotes, a test of a broken trend line on the relative strength…
Ripple XRP/USD are trading at 0.3341 and continue to move in line with the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $13 767 961 738. At the moment, an attempt is expected to grow and test the resistance level near the 0.3430 area. Further, the continuation of the decline of cryptocurrency in the region below the level of 0.3000. Ripple forecast & technical analysis December 7, 2018 In favor of the fall of the XRP/USD quotes, a test of the trend line on the relative strength index (RSI) will come out. As well as…