The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3006. The pair continues to move within the framework of a bearish correction. At this point, we should expect an attempt to test the support level near the area of 1.2925 and continue the growth of quotations with a target above 1.3545. USD/CAD weekly forecast & analysis September 3 — 7, 2018 In favor of the growth of the pair USD/CAD will test the bullish trend line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD growth scenario on the…
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.
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 110.78. 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 110.50 and continue the growth of the pair in the area above the level of 114.70. USD/JPY weekly forecast & analysis September 3 — 7, 2018 In favor of the pair’s growth, the Dollar/Yen will test the uptrend line on the relative strength index (RSI). The cancellation of the USD/JPY pair growth option on the…
GOLD XAU/USD close the trading week near the area of 1206. Quotes continue to move within the bearish trend. At this point, we should expect a correction attempt and a support level test near the area of 1180. Then the price of GOLD began to grow with a potential target above the level of 1235. GOLD weekly forecast & analysis September 3 — 7, 2018 In favor of the growth of quotations and prices for GOLD on the current trading week of September 3 — 7, 2018, a test of a broken trend line will appear on the indicator of…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6637. 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 0.6720 and continue the fall of the currency pair below the level of 0.6280. NZD/USD weekly forecast & analysis September 3 — 7, 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 0.9667. The pair continues to move within the bearish channel. At this point, we should expect an attempt to test the resistance area near the level of 0.9760 and continue the decline of the pair with a target below 0.9400. USD/CHF weekly forecast & analysis September 3 — 7, 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…
Bitcoin BTC/USD completes the trading week at 6925 and continues to move within the framework of a bullish correction. At the moment, we should expect a test of the resistance area near the level of 7150. 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 5850. Bitcoin weekly forecast & analysis September 3 — 7, 2018 In favor of lowering the quotations of BTC/USD on the current trading week September 3 — 7, 2018, a resistance area test will be performed on the…
Ethereum ETH/USD completes the trading week at 278 and continues to move within the bearish trend. At this point, we should expect an attempt at a resistance level near area 350. Again, we should expect a rebound and the continued decline in the Ethereum rate with a potential target below the level of 165. Ethereum weekly forecast & analysis September 3 — 7, 2018 In favor of the reduction of quotations ETH/USD on the current trading week September 3 — 7, 2018, will test the resistance line on the indicator of relative strength index (RSI), as well as test the…
Ripple XRP/USD completes the trading week at 0.3178 and continue to move within the bearish trend. At this point, we should expect a test of resistance level near the area of 0.3350. 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 3 — 7, 2018 In favor of lowering the quotes XRP/USD on the current trading week September 3 — 7, 2018 will test the bearish trend line on the indicator of relative strength index (RSI). Cancellation of the…
Litecoin LTC/USD completes the trading week at 60.01 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 65.00. Where again we should expect a rebound and an attempt to continue the development of the bearish trend for Litecoin with a target below 40.00. Litecoin weekly forecast & analysis September 3 — 7, 2018 In favor of lower LTC/USD quotations on the current trading week September 3 — 7, 2018, a resistance line test will be performed on the relative strength index…
Currency pair Euro Dollar EUR/USD continues to move within the framework of the rising channel. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1662. At this point, we should expect an attempt to test the lower border of the uplink near the area of 1.1625, where we can expect a rebound and the continued growth of the Euro/Dollar with a potential target above the level of 1.1820. EUR/USD forecast & technical analysis August 31, 2018 In favor of the growth of EUR/USD quotations, a test of the support line will be made…