Quotes of BRENT close the trading week near the area of 78.15 dollars per barrel and continue to move within the formation of the reversal model «Double Top». As part of the publication of the BRENT crude oil forecast & analysis September 17 — 21, 2018, we should expect an attempt to test the resistance area near the level of 79.90 and the beginning of the fall of oil in the area below the level of 71.50 dollars per barrel. BRENT crude oil forecast & analysis September 17 — 21, 2018 An additional signal in favor of lower oil quotations…
Author: forex24pro
Currency pair Pound Dollar GBP/USD completes trading week near area 1.3132. The pair continues to move in a bearish trend. At this point, we should expect an attempt to develop a correction and support area test near the level of 1.2950. Further, the continuation of the growth of quotes Pound Dollar in the area above the level of 1.3320. GBP/USD weekly forecast & analysis September 17 — 21, 2018 In favor of the growth of the British Pound will perform a test of a broken trend line on the indicator of relative strength index (RSI). The cancellation of the GBP/USD…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 68.44 Rubles for the US Dollar and continues the development of correction. As part of the technical analysis, on the current trading week on September 17 — 21, 2018, you should expect a test of the support area near the level of 67.00, from which you should expect a rebound and continued growth of the pair above the level of 73.00. USD/RUB weekly forecast & analysis September 17 — 21, 2018 In favor of the pair’s growth, the Dollar/Ruble will perform an uptrend test…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7207. The pair continues to move in a bearish trend. At the moment, we should expect an attempt to test the upper border of the channel near the area of 0.7320 and continue the fall of AUD/USD with a target below 0.6940. AUD/USD weekly forecast & analysis September 17 — 21, 2018 In favor of the fall of the pair on Forex will test the bearish trend line on the indicator of relative strength index (RSI), as well as the resistance level test on the…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3000. The pair continues to move within the bullish channel. At this point, we should expect an attempt to test the support level near the area of 1.2920 and continue the growth of quotations with a target above the level of 1.3550. USD/CAD weekly forecast & analysis September 17 — 21, 2018 In favor of the USD/CAD pair growth, an uptrend test on the relative strength indicator will perform, as well as a test of the lower border of the channel. The cancellation of…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 111.81. The pair continues to move within the bullish channel, as well as the formation of the «Triangle» model. At this point, we should expect an attempt to test the support level near the area of 111.05 and continue the growth of the pair in the area above the level of 115.10. USD/JPY weekly forecast & analysis September 17 — 21, 2018 In favor of the pair’s growth, the Dollar/Yen will test the uptrend line on the relative strength index (RSI), as…
GOLD XAU/USD close the trading week near the area of 1206. Quotes continue to move within the framework of the bullish correction. At this point, we should expect an attempt to reduce and test the level of support near the area of 1185. Then the growth of the price of gold with a potential target above the level of 1260. GOLD weekly forecast & analysis September 17 — 21, 2018 In favor of the growth of quotations and prices for GOLD on the current trading week on 17 — 21, 2018, a test of the broken trend line will be…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6591. The pair continues to move within the framework of the upward correction. At the moment, we should expect a test of the resistance area near the level of 0.6715 and the continuation of the fall of the currency pair below the level of 0.6315. NZD/USD weekly forecast & analysis September 17 — 21, 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 quotations…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9636. 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 0.9750 and the continuation of the pair’s decline with the target below 0.9385. USD/CHF weekly forecast & analysis September 17 — 21, 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 bearish channel. The cancellation of the USD/CHF fall…
Bitcoin BTC/USD completes the trading week at 6414 and continues to move within the framework of the formation of the «Triangle» model. At this point, we should expect a test of the resistance area near the level of 7050. 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 5050. Bitcoin weekly forecast & analysis September 17 — 21, 2018 In favor of the decline in BTC/USD quotations on the current trading week on September 17 — 21, 2018, a resistance line test will…