Quotes of BRENT crude oil close the trading week near the area of 74.56 dollars per barrel. It is worth waiting for an attempt to test the bottom of the uplink near the level of 75.90 and the beginning of the fall of oil in the area below the level of 64.00 dollars per barrel. BRENT crude oil forecast & analysis July 30 — August 3, 2018 An additional signal in favor of falling oil prices this week will be a test of the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of…
Author: forex24pro
Currency pair Pound Dollar GBP/USD completes trading week near area 1.3097. 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 1.3230 and continue the fall of quotations in the area below the level of 1.2520. GBP/USD weekly forecast & analysis July 30 — August 3, 2018 In favor of the decline of the British Pound, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall of the GBP/USD pair will result in strong…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 62.95 Ruble for the US Dollar. The pair continues to move within the framework of correction and formation of the «Triangle» model. At the moment, we should expect a test of the support area near the level of 62.20 and the continuation of the pair’s growth above the level of 67.20. USD/RUB weekly forecast & analysis July 30 — August 3, 2018 In favor of the growth of the Dollar/Ruble pair, the inverted model «Head and Shoulders» will appear on the indicator of relative…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7374. 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 area of 0.7430 and continue the fall of AUD/USD with a target below 0.7020. AUD/USD weekly forecast & analysis July 30 — August 3, 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 abolition of the AUD/USD decline option will…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3065. The pair continues to move within the ascending channel. At the moment, we should expect an attempt to test the level of support near the level of 1.2950 and the beginning of the growth of quotations with a target above the level of 1.3550. USD/CAD weekly forecast & analysis July 30 — August 3, 2018 In favor of the growth of the pair USD/CAD will test the trend line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD growth…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 111.15. The pair continues to move within the framework of growth. At this point, we should expect an attempt to test the resistance level near the area of 111.70 and continue the decline of the pair into the area below the level of 108.70. USD/JPY weekly forecast & analysis July 30 — August 3, 2018 In favor of the growth of the fall, the Dollar/Yen will perform a test of a broken trend line on the indicator of relative strength index (RSI).…
GOLD XAU/USD close the trading week near the area of 1219. Quotes continue to move in a bearish trend. At the moment, we should expect a test of the upper border of the channel near the area of 1230 and the continuation of the fall in the price of GOLD below the level of 1145. XAU/USD weekly forecast & analysis July 30 — August 3, 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…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6768. The pair continues to move in a bearish trend. At this point, we should expect a test of the resistance area near the level of 0.6820 and the continuation of the fall of the pair below the level of 0.6470. NZD/USD weekly forecast & analysis July 30 — August 3, 2018 In favor of reducing the currency pair NZD/USD, a downtrend test on the relative strength index (RSI) will perform. The reversal of the fall variant will be a strong growth…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9963. At the moment, we should expect the test of the support area test near the level of 0.9890 and the continued growth of the pair with a target above the level of 1.0320. USD/CHF weekly forecast July 30 — August 3, 2018 In favor of the growth of the Dollar/Franc, 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 of the…
Bitcoin BTC/USD completes the trading week at 7959 and continues to move within the correction. At this point, we should expect an attempt to test the support area near the level of 6500. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above the level of 9500. Bitcoin weekly forecast & analysis July 30 — August 3, 2018 In favor of the growth of quotations BTC/USD will perform a test of a broken trend line on the indicator of relative strength index (RSI). The abolition of the…