Currency pair Euro Dollar EUR/USD continues to move in the framework of the correction. At the time of the publication of the forecast, the euro/dollar rate is 1.1597. At the moment, we should expect an attempt to test the resistance level near the area of 1.1625, where we should expect a rebound and the continuation of the fall of the Euro Dollar with a potential target below the level of 1.1430. EUR/USD forecast Euro Dollar October 16, 2018 In favor of reducing the EUR/USD quotes, a test of the downward trend line on the relative strength index (RSI), as well…
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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 Pound/Dollar GBP/USD continues to move within the correction. At the time of the publication of the forecast, the British Pound to the US Dollar is 1.3167. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.3210, from which we should again expect a rebound and the continuation of the decline of the Pound against the Dollar. The target of the fall of the GBP/USD currency pair, in the framework of the GBP/USD forecast Pound Dollar October 16, 2018, is the area at the level of 1.2955. GBP/USD forecast…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the bullish correction. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.7139. At the moment, we should expect an attempt to test the resistance area near the level of 0.7175 and continue the fall of quotations to the area below the level of 0.7025. AUD/USD forecast Australian Dollar October 16, 2018 The test of the resistance line on the relative strength index (RSI) will be in favor of the fall of the AUD/USD pair. Cancellation of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 111.72. At the moment, we should expect an attempt to test the lower boundary of the channel near the level of 111.55 and the continued growth of the USD/JPY pair to the area above the level of 114.00. USD/JPY forecast Japanese Yen October 16, 2018 A test of the trend line on the relative strength index (RSI), as well as…
Quotes of BRENT continue to move as part of growth. At the time of the publication of the forecast, the price of BRENT oil is $ 81.21 per barrel. At the moment, we should expect an attempt to test the resistance level near the area of 82.15 dollars per barrel. Further, the continuation of the fall in the rate of oil in the area below 78.00. BRENT forecast & technical analysis October 16, 2018 BRENT will test the trend line on the relative strength index (RSI) in favor of lowering quotes and oil prices. Confirmation of a fall in quotations…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3011. At the moment, we can expect an attempt to test the support level near the 1.2890 area and the continued growth of the currency pair. The potential target of growth is the area above the level of 1.3175. USD/CAD forecast Canadian Dollar October 16, 2018 In favor of the growth of quotations of the…
Quotes of GOLD continue to move as part of growth. At the time of the publication of the forecast, the price of GOLD is 1231 Dollars per Troy Oz. At the moment, we should expect an attempt to test the support level near the 1220 area. Where can we expect a rebound and the continued growth in the price of GOLD with the goal above the level of 1260. XAU/USD forecast GOLD & analysis October 16, 2018 In favor of the growth of XAU/USD quotes, a test of the trend line on the relative strength index (RSI), as well as…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the bearish channel. At the time of the publication of the forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6538. At the moment, we should expect an attempt to test the resistance level near the 0.6565 area and the beginning of a fall into the area below the level of 0.6395. NZD/USD forecast New Zealand Dollar October 16, 2018 The test of the trend line on the relative strength index (RSI) will be in favor of the fall of…
Currency pair Dollar Franc USD/CHF continues to move in a rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9852. At the moment, we should expect an attempt to test the support area near the level of 0.9815 and the continued growth of the US Dollar against the Swiss Franc with a target above the level of 1.0045. USD/CHF forecast Dollar Franc October 16, 2018 In favor of the growth of the dollar pair Frank will test the trend line on the indicator of relative strength…
Currency pair US Dollar Russian Ruble USD/RUB continues to move as part of a decline. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.60. At the moment, we can expect an attempt to test the support level near the 64.85 Ruble area for the US Dollar and the pair to continue to grow to an area above the 67.50 level. USD/RUB forecast Russian Ruble October 16, 2018 A test of the rising trend line on the relative strength index (RSI), as well as the formation of the…