Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7073. The pair continues to move in decline. At the moment, we should expect an attempt to test the upper limit of the bearish channel near the level of 0.7270 and continue the decline of AUD/USD with the target below 0.6840. AUD/USD weekly forecast & analysis October 8 — 12, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the pair falling on Forex. Cancellation of the option to reduce AUD/USD in the current trading…
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 1.2920. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support level near the 1.2790 area and continue the growth of quotations with a target above the level of 1.3500. USD/CAD weekly forecast & analysis October 8 — 12, 2018 A test of the rising trend line on the relative strength index (RSI), as well as a rebound from the lower boundary of the bullish channel, will be in favor of the growth…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 113.89. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support level near the 112.00 area and continue the pair’s growth to the area above the 115.95 level. USD/JPY weekly forecast & analysis October 8 — 12, 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…
GOLD XAU/USD close the trading week near the area of 1202. Quotes continue to move as part of the formation of the «Triangle» model. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1210. Then, the continuation of the decline in the price of GOLD with a potential target below 1145 began. GOLD weekly forecast & analysis October 8 — 12, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the fall in 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 0.6468 area. The pair continues to move within the descending channel. At the moment, we should expect an attempt to test the resistance area near the level of 0.6605 and continue to reduce the currency pair with a potential target below the level of 0.6155. NZD/USD weekly forecast & analysis October 8 — 12, 2018 In favor of the fall of the currency pair NZD/USD, a test of the trend line on the indicator of relative strength index (RSI) will be made. Cancellation of…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9939. The pair continues to move in growth. At the moment, we should expect an attempt to decrease and test the support area near the level of 0.9750, then continue the growth of the pair with the goal above the level of 1.0200. USD/CHF weekly forecast & analysis October 8 — 12, 2018 In favor of the growth of the Dollar/Franc will make a test of the trend line on the indicator of relative strength index (RSI), as well as a rebound from the broken downward channel. Cancellation…
Bitcoin Cash ends the trading week at 507.45 and continues to move as part of the formation of an inverted «Head and Shoulders» model. At the moment, we should expect an attempt to test the support area near the level of 400.00. Where can we again expect a rebound and an attempt to continue the development of growth in Bitcoin Cash with a target above 750.00. Bitcoin Cash weekly forecast & analysis October 8 — 12, 2018 A test of the support line on the relative strength index (RSI) will be in favor of the growth of BCH/USD quotes in…
Litecoin LTC/USD ends the trading week at 57.12 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 62.00. From where it is again necessary to expect a rebound and an attempt to continue the fall of growth on Litecoin with the goal below the level of 35.00. Litecoin weekly forecast & analysis October 8 — 12, 2018 In favor of the growth of LTC/USD quotes in the current trading week of October 8 — 12, 2018, a test of the trend line on…
Ripple XRP/USD close the trading week at 0.5108 and continue to move in the ascending channel. At the moment, we should expect an attempt to test the support level near the area of 0.4350. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.8050. Ripple weekly forecast & analysis October 8 — 12, 2018 In favor of the growth of XRP/USD quotes in the current trading week of October 8 — 12, 2018, a test of the trend line on the relative strength index (RSI) will come out. Cancellation…
Ethereum ETH/USD ends the trading week at 218 and continues to move as part of a bearish trend. At the moment, we should expect an attempt at a resistance level near the area of 240. Where again we should expect a rebound and the continuation of the decline in the rate of Ethereum with a potential target below 110. Ethereum weekly forecast & analysis October 8 — 12, 2018 In favor of the drop in ETH/USD quotes on the current trading week of October 8 — 12, 2018, the formation of the «Head and Shoulders» reversal pattern on the relative…