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…
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.
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…
Ethereum ETH/USD ends the trading week at 122 and continues to move as part of the fall. Moving averages indicate a downward trend. At the moment, we should expect an attempt to test the upper descending channel boundary near area 135. Where again we should expect a rebound and a further decline in the rate of Ethereum with a potential target below level 65. Ethereum weekly forecast December 3 — 7, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the drop in ETH/USD quotes on the current trading week of…
Ripple XRP/USD close the trading week at 0.3527 and continue to move as part of the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to test the resistance level near 0.4500. Where again we should expect a rebound and the continuation of the fall of cryptocurrency in the region below the level of 0.2500. Ripple weekly forecast December 3 — 7, 2018 In favor of reducing the XRP/USD quotes in the current trading week of December 3 — 7, 2018, a test of the trend line on the relative strength index (RSI) will…
Litecoin LTC/USD ends the trading week at 30.98 and continues to move as part of the fall. Moving averages indicate a downward trend. At the moment, we should expect an attempt to test the support area near the level of 45.00. From where it is again necessary to expect a rebound and an attempt to continue to fall on Litecoin with a target below the level of 15.00. Litecoin weekly forecast December 3 — 7, 2018 A test of the resistance line on the relative strength index (RSI) will be in favor of LTC/USD quotes reduction in the current trading…
Bitcoin Cash ends the trading week at 165 and continues to move as part of the fall. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 305. Where again we should expect a rebound and an attempt to continue the development of a fall in Bitcoin Cash with a target below level 50. Bitcoin Cash weekly forecast December 3 — 7, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the fall in BCH/USD quotes in the…
Currency pair Euro Dollar EUR/USD continues to move as part of growth. At the time of the publication of the forecast, the euro/dollar rate is 1.1393. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1310. Where can we expect a rebound and the continued growth of the euro/dollar currency pair. A potential target of such a movement is the area above the level of 1.1760. EUR/USD forecast Euro Dollar November 30, 2018 In favor of the growth of the EUR/USD quotes, a test of the rising trendline on the…