GOLD close the trading week near the 1222 area. The quotes continue to move within the bearish channel. 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 1145. GOLD weekly forecast & analysis November 26 — 30, 2018 In favor of lowering the quotations and prices for Gold in the current trading week November 26 — 30, 2018, a test of the broken trend line on the relative strength index (RSI)…
Author: forex24pro
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6794 area. The pair continues to move in growth. At the moment, we should expect an attempt to test the resistance area near the level of 0.6900. Then, the currency pair will continue to fall with a potential target below the level of 0.6415. NZD/USD weekly forecast & analysis November 26 — 30, 2018 In favor of reducing the currency pair NZD/USD, a test of the trend line on the relative strength index (RSI) will be made. Cancellation of the option of falling quotations…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9976. The pair continues to move in decline. At the moment, we should expect an attempt to correct and test the support area near the level of 0.9805. Further, the continued growth of the pair with a target above the level of 1.0265. USD/CHF weekly forecast & analysis November 26 — 30, 2018 In favor of the growth of the Dollar/Franc will test the trend line on the indicator of relative strength index (RSI). As well as a rebound from the upper boundary of the bearish channel. Cancellation…
Bitcoin BTC/USD ends the trading week at 4319 and continues to move as part of the decline. At the moment, we should expect an attempt to correct and test the resistance area near the level of 5650. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a potential target below 3000. Bitcoin weekly forecast November 26 — 30, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of lowering the BTC.USD quotes on the current trading week on November 26 — 30,…
Ethereum ETH/USD ends the trading week at 122 and continues to move as part of the decline. At the moment, we should expect an attempt to test the lower boundary of the channel near area 95. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 230. Ethereum weekly forecast November 26 — 30, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the growth of ETH/USD quotes on the current trading week of November 26 — 30, 2018.…
Ripple XRP/USD close the trading week at 0.4108 and continue to move as part of the correction. At the moment, we should expect an attempt to test the support level near 0.3500. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.6750. Ripple weekly forecast November 26 — 30, 2018 In favor of the growth of XRP/USD quotes in the current trading week of November 26 — 30, 2018 2018, a test of the trend line on the relative strength index (RSI) will come out. As well as a…
Litecoin LTC/USD ends the trading week at 32.30 and continues to move as part of the fall. At the moment, we should expect an attempt to test the support area near the level of 30.00. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a target above the level of 65.00. Litecoin weekly forecast November 26 — 30, 2018 In favor of the growth of LTC/USD quotes in the current trading week on November 26 — 30, 2018, a test of the trend line on the relative strength index (RSI) will come out.…
Bitcoin Cash ends the trading week at the level of 198 and continues to move as part of the decline. At the moment, we should expect an attempt to test the resistance area near the level of 400. Where again we should expect a rebound and an attempt to continue the development of a fall on Bitcoin Cash with a goal below level 50. Bitcoin Cash weekly forecast November 26 — 30, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the fall in BCH/USD quotes on the current trading week…
Currency pair Euro Dollar EUR/USD continues to move in the framework of the correction and the formation of an inverted «Head and Shoulders» model. At the time of the publication of the forecast, the euro/dollar rate is 1.1416. 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 goal of such a movement is the area above the level of 1.1760. EUR/USD forecast Euro Dollar November 23, 2018 In favor of the growth…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and start of the Wolfe Wave model. At the time of the publication of the forecast, the pound/dollar rate is 1.2899. At the moment, we should expect an attempt to decrease and test the support area near the level of 1.2850. Where again we should expect a rebound and continued growth of the pound against the dollar. The target of the upward movement of the currency pair, in the Forex forecast for November 23, 2018, is the area at the level of 1.3250. GBP/USD forecast Pound Dollar November…