GOLD XAU/USD close the trading week near the area of 1198. Quotes continue to move within the bearish trend. At the moment, we should expect an attempt at correction and test of the support level near the area of 1180. Then the growth of the GOLD price with the potential target above the level of 1240 began. GOLD weekly forecast & analysis September 10 — 14, 2018 In favor of the growth of quotations and prices for GOLD in the current trading week on September 10 — 14, 2018, a test of a broken trend line will be made on…
Author: forex24pro
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6583. The pair continues to move within the bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.6690 and continue the fall of the currency pair below the level of 0.6250. NZD/USD weekly forecast & analysis September 10 — 14, 2018 In favor of reducing the currency pair NZD/USD, a downtrend test on the relative strength index (RSI) will perform. The cancellation of the variant of falling quotes on the current trading…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9705. The pair continues to move within the bearish channel. At the moment, we should expect a test of the resistance area near the level of 0.9770 and the continuation of the fall of the pair with a target below 0.9450. USD/CHF weekly forecast & analysis September 10 — 14, 2018 In favor of the fall of the pair, Dollar/Franc will perform a downtrend test on the relative strength index (RSI), as well as a rebound from the upper boundary of the descending channel. The cancellation of the…
Bitcoin BTC/USD completes the trading week at 6,391 and continues to move within the framework of the «Triangle» model. At this point, we should expect a test of the resistance area near the level of 7120. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a potential target below the level of 4850. Bitcoin weekly forecast & analysis September 10 — 14, 2018 In favor of lowering the quotations of BTC/USD on the current trading week on 10 — 14, 2018, a resistance line test will be performed on…
Ethereum ETH/USD completes the trading week at 227 and continues to move within the bearish trend. At this point, we should expect an attempt at a resistance level near the area of 255. Where again we should expect a rebound and the continued decline in the Ethereum rate with a potential target below level 105. Ethereum weekly forecast & analysis September 10 — 14, 2018 In favor of the decline in quotations ETH/USD on the current trading week September 10 — 14, 2018 will test the resistance line on the indicator of relative strength index (RSI), as well as test…
Ripple XRP/USD completes the trading week at 0.2861 and continue to move in a bearish trend. At this point, we should expect a test of resistance level near the area of 0.3120. Whence again we should expect a rebound and the continuation of the fall of the cryptocurrency into the area below the level of 0.1350. Ripple weekly forecast & analysis September 10 — 14, 2018 In favor of lowering the price of XRP/USD on the current trading week on September 10 — 14, 2018, a downtrend test on the relative strength index (RSI) will perform. Cancellation of the variant…
Litecoin LTC/USD completes the trading week at 55.16 and continues to move in a bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the level of 62.00. Where again we should expect a rebound and an attempt to continue the development of the bearish trend for Litecoin with a target below the level of 35.00. Litecoin weekly forecast & analysis September 10 — 14, 2018 In favor of the decline in LTC/USD quotations on the current trading week on September 10 — 14, 2018, a resistance line test will be…
Currency pair Euro Dollar EUR/USD continues to move within the correction. At the time of publication of the forecast, the Euro to the US dollar rate is 1.1622. At this point, we should expect a test of the resistance level near the area of 1.1655, where we can expect a rebound and the continuation of the fall of the Euro/Dollar with a potential target below the level of 1.1455. EUR/USD forecast Euro Dollar September 7, 2018 In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength index (RSI). Canceling the option of lowering…
Currency pair Pound/Dollar GBP/USD continues to move in the bearish channel. At the time of publication of the forecast, the rate of the British Pound to the US dollar is 1.2930. At this point, we should expect an attempt to test the resistance area near the level of 1.2965, where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The target of reducing the currency pair GBP/USD, within the framework of the Forex forecast, is the area below the level of 1.2570. GBP/USD forecast Pound Dollar September 7, 2018…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the time of publication of the forecast, the rate of the Australian Dollar to the US dollar is 0.7194. At the moment, we should expect an attempt to test the resistance area near the level of 0.7220 and continue falling quotations in the area below the level of 0.7070. AUD/USD forecast Australian Dollar September 7, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation…