Author: 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 US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 66.72 Russian Rubles for the US Dollar. The pair continues to move within the framework of strong growth and the start of the «Triangle» model development. At the moment, we should expect a test of the support area near the level of 65.20 and the continuation of the pair’s growth above the level of 71.80. USD/RUB weekly forecast & analysis August 13 — 17, 2018 In favor of the growth of the Dollar/Ruble pair will test the trend line on the indicator of relative…

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Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of ​​0.7293. 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 ​​0.7395 and continue the fall of AUD/USD with a target below 0.7050. AUD/USD weekly forecast & analysis August 13 — 17, 2018 In favor of the fall of the pair on Forex will test the downward trend line on the indicator of relative strength index (RSI). The cancellation of the AUD/USD decline option will result…

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The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3117. The pair continues to move within the bullish channel. At this point, we should expect a test of the support level near the 1.2920 area and the beginning of the growth of quotations with a target above 1.3685 level. USD/CAD weekly forecast & analysis August 13 — 17, 2018 In favor of the growth of the pair USD/CAD will test the upward trend line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD growth scenario on the current trading…

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Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of ​​110.88. 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 ​​110.70 and continue the growth of the pair to an area above the level of 117.50. USD/JPY weekly forecast & analysis August 13 — 17, 2018 In favor of the growth of the pair, the Dollar/Yen will test the trend line on the relative strength index (RSI), as well as test the lower boundary of…

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GOLD XAU/USD close the trading week near the area of ​​1208. Quotes continue to move in the bearish trend. At the moment, we should expect a test of the upper border of the channel near the area of ​​1225 and the continuation of the fall in the price of GOLD below the level of 1140. XAU/USD weekly forecast & analysis August 13 — 17, 2018 In favor of falling quotes and prices for GOLD, a downtrend test on the relative strength index (RSI) will perform, as well as a resistance level test. The cancellation of the fall in XAU/USD quotations…

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Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of ​​0.6585. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the resistance area near the level of 0.6680 and continue falling below the level of 0.6270. NZD/USD weekly forecast & analysis August 13 — 17, 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 fall option will result in a strong growth and breakdown of the area…

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Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9946. At the moment, we should expect the test of the support area test near the level of 0.9880 and the continued growth of the pair with a target above the level of 1.0340. USD/CHF weekly forecast & analysis August 13 — 17, 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 the lower bound of the «Triangle» model. Cancellation of the USD/CHF growth scenario will be the fall and breakdown…

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Bitcoin BTC/USD completes the trading week at 6350 and continues to move within a bearish trend. At this point, we should expect a test of the resistance area near the level of 7000. Again, we should expect a rebound and an attempt to continue the depreciation of Bitcoin with a target below 4800 level. Bitcoin weekly forecast & analysis August 13 — 17, 2018 In favor of falling quotes BTC/USD will perform a test of a broken trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin reduction option will be a strong growth and…

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Ethereum ETH/USD completes the trading week at 354 and continues to move in a bearish trend. At this point, we should expect an attempt at a resistance level near the area of ​​420. Again, we should expect a rebound and the continued decline in the Ethereum rate with a target below the level of 235. Ethereum weekly forecast & analysis August 13 — 17, 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 descending channel. The reversal of the fall…

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Ripple XRP/USD completes the trading week at 0.31 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 ​​0.40. Whence again we should expect a rebound and the continued fall of the cryptocurrency into the area below the level of 0.21. Ripple weekly forecast & analysis August 13 — 17, 2018 In favor of lowering the quotes XRP/USD will come the test of the bearish trend line on the indicator of relative strength index (RSI), as well as the test of the upper boundary of…

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