Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 66.84 Rubles for the US dollar. The pair continues to move within the framework of growth and development of the «Triangle» model. The ruble remains pending a new sanction, which could send the pair further up the lease to an area above the 75 level. As part of the technical analysis, it is currently expected to test the support area near the level of 65.00 and continue the pair’s growth above the level of 71.20. USD/RUB weekly forecast & analysis August 20 — 24,…
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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 Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7280. The pair 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 0.7375 area and continue the fall of AUD/USD with a target below 0.6950. AUD/USD weekly forecast & analysis August 20 — 24, 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). The cancellation of the AUD/USD decline option will result in…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3133. The pair continues to move within the bullish channel. At the moment, we should expect a test of the support level near the 1.3020 area and the beginning of the growth of quotations with a target above 1.3585 level. USD/CAD weekly forecast & analysis August 20 — 24, 2018 In favor of the growth of the pair USD/CAD will test the uptrend line on the indicator of relative strength index (RSI), as well as the formation of an inverted «Head and Shoulders» model…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 110.70. 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 109.90 and continue the growth of the pair to an area above the level of 115.50. USD/JPY weekly forecast & analysis August 20 — 24, 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 growth of the…
GOLD XAU/USD close the trading week near the area of 1177. Quotes continue to move within the bearish trend. At the moment, we should expect an attempt to correct and test the upper border of the channel near the area of 1200. Further, the continuation of the fall in the price of GOLD with a potential target below the level of 1105. XAU/USD weekly forecast & analysis August 20 — 24, 2018 In favor of falling quotes and prices for GOLD in the current trading week August 20 — 24, 2018 a downtrend line test will be performed on the…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6606. 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 0.6700 and continue the fall of the currency pair below the level of 0.6270. NZD/USD weekly forecast & analysis August 20 — 24, 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 on the current trading…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9956. The pair continues to move within the framework of the formation of the «Triangle» model. At the moment, we should expect an attempt to test the support area near the level of 0.9890 and continue the growth of the pair with a target above the level of 1.0300. USD/CHF weekly forecast & analysis August 20 — 24, 2018 In favor of the growth of the Dollar/Franc pair, a trend line test will be performed on the relative strength index (RSI), as well as a rebound from the…
Bitcoin BTC/USD completes the trading week at 6436 and continues to move within the flat trend. At this point, we should expect an attempt to test the support area near the level of 6000. Once again, we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a potential target above the level of 8700. Bitcoin weekly forecast & analysis August 20 — 24, 2018 In favor of the growth of quotations BTC/USD on the current trading week of August 20 – 24, 2018 will test the support area on the indicator of…
Ethereum ETH/USD completes the trading week at 298 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 150. Ethereum weekly forecast & analysis August 20 — 24, 2018 In favor of lowering quotations ETH/USD will test the resistance line on the indicator of relative strength index (RSI), as well as test the upper boundary of the bearish channel. The cancellation of the fall option will result in…
Ripple XRP/USD completes the trading week at 0.2976 and continue to move in a bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 0.4050. Whence again we should expect a rebound and the continuation of the fall of the cryptocurrency into the area below the level of 0.1000. Ripple weekly forecast & analysis August 20 — 24, 2018 In favor of lowering the quotations of XRP/USD, a downtrend test on the relative strength index (RSI) will perform. Cancellation of the variant of the Ripple cryptocurrency fall will be a strong…