Bitcoin BTC/USD ends the trading week at 6333 and continues to move as part of the formation of the «Triangle» model. At the moment, we should expect an attempt to test the resistance area near the level of 6450. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a potential target below the level of 5300. Bitcoin weekly forecast November 5 — 9, 2018 In favor of reducing the BTC/USD quotes in the current trading week from November 5 — 9, 2018, a test of the downward trend line 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.
Currency pair Euro Dollar EUR/USD ends the trading week near the 1.1435 area and continues to move in line with the decline. At the moment, we should expect an attempt to test the resistance area near the level of 1.1580. Where is expected to rebound and the continuation of the fall of the euro dollar with a potential target below the level of 1.1020. EUR/USD weekly forecast & analysis November 5 — 9, 2018 A test of the trend line on the relative strength index (RSI), as well as a test of the upper limit of the bearish channel, will…
Quotes of BRENT complete the trading week near the region of $ 73.07 per barrel and continues to move as part of the decline. As part of the publication of the BRENT oil weekly forecast & analysis November 5 — 9, 2018, we should expect an attempt to test the resistance area near the level of 78.50 and continue the fall of oil to the area below the level of 60.00 dollars per barrel. BRENT oil weekly forecast & analysis November 5 — 9, 2018 An additional signal in favor of the fall in oil prices this week will be…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3025 area. The pair continues to move within the bearish channel. At this point we can expect an attempt to test the resistance area near the level of 1.3150. Further, the continuation of the decline in quotations of the Pound/Dollar to the area below the level of 1.2455. GBP/USD weekly forecast & analysis November 5 — 9, 2018 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index (RSI), as well as the test of the upper limit…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 65.65 Rubles for the US Dollar and continues to move within the bullish channel. As part of the technical analysis of USD/RUB in the current trading week from November 5 — 9, 2018, we should expect a test of the support area near the level of 64.55, from which we can expect a rebound and continued growth of the pair above the level of 68.50. USD/RUB weekly forecast & analysis November 5 — 9, 2018 In favor of the growth of the pair Ruble/Dollar…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7239. The pair continues to move within the bullish correction. At the moment, we should expect an attempt to test the support area near the level of 0.7085 and continue the growth of AUD/USD with the target above the level of 0.7540. AUD/USD weekly forecast & analysis November 5 — 9, 2018 The test of the broken trend line on the indicator of relative strength index (RSI), as well as the formation of the head and shoulders reversal pattern will be in favor of…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3061. The pair continues to move within the correction. At the moment, we should expect an attempt to test the support level near the 1.2935 area and continue the growth of quotations with the goal above the level of 1.3525. USD/CAD weekly forecast & analysis November 5 — 9, 2018 A test of the rising trend line on the relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal pattern will be in favor of the USD/CAD pair. The…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the 112.77 area. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support level near the 111.90 area and continue the growth of the pair to the area above 115.25. USD/JPY weekly forecast & analysis November 5 — 9, 2018 In favor of the growth of a pair of Dollar/Yen will test the rising trend line on the indicator of relative strength index (RSI), as well as a rebound from the lower boundary of…
GOLD XAU/USD close the trading week near the 1235 area. The quotes continue to move as part of the growth. At the moment, we should expect an attempt to grow and test the level of support near the 1210 area. Then, the continuation of the growth of the price of GOLD with a potential target above the level of 1285 began. GOLD weekly forecast & analysis November 5 — 9, 2018 In favor of the growth of quotations and prices for GOLD in the current trading week from November 5 — 9, 2018, a test of the trend line on…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6667 area. The pair continues to move in growth. At the moment, we should expect an attempt to test the support area near the level of 0.6500 and the continued growth of the currency pair with a potential target above the level of 0.7030. NZD/USD weekly forecast & analysis November 5 — 9, 2018 The test of the trend line on the relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal pattern, will be in favor of the…