Quotes of BRENT crude oil close the trading week near the area of 74.18 dollars per barrel. It is worth waiting for the test of the support area test near the level of 73.50 and the beginning of oil growth in the area above the level of 83.00 dollars per barrel. BRENT crude oil forecast & analysis July 16 — 20, 2018 An additional signal for the growth of oil quotes this week will be a test of the support line on the indicator of relative strength index (RSI). The cancellation of the variant of the growth of quotations and…
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.
Currency pair Pound Dollar GBP/USD completes trading week near area 1.3124. The pair continues to move within the framework of a bearish trend and the formation of the «Triangle» model. At this point, we should expect an attempt to test the resistance area near the level of 1.3340 and continue falling quotations in the area below the level of 1.2570. GBP/USD weekly forecast & analysis July 16 — 20, 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…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 62.27 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 resistance area near the level of 63.00 and continue to reduce the pair below the level of 60.50. USD/RUB weekly forecast & analysis July 16 — 20, 2018 In favor of reducing the Dollar Ruble pair, a trend line test will be performed on the indicator of relative strength index (RSI). Abolishing…
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 the moment, we should expect an attempt to test the upper border of the channel near the area of 0.7480 and continue the fall of AUD/USD with a target below 0.7120. AUD/USD weekly forecast & analysis July 16 — 20, 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 abolition of the AUD/USD decline option will be…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3198. The pair continues to move within the framework of the bullish correction. At the moment, we should expect an attempt to test the level of support near the level of 1.3120 and the beginning of the growth of quotations with a target above the level of 1.3560. USD/CAD weekly forecast & analysis July 16 — 20, 2018 In favor of the growth of the pair USD/CAD will test the trend line on the indicator of relative strength index (RSI). Cancellation of the USD/CAD…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 112.58. At this point, we should expect an attempt to test the support level near the area of 111.80 and continue the growth of the pair in the area above the level of 115.80. USD/JPY weekly forecast & analysis July 16 — 20, 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 upper boundary of the bearish channel. The cancellation of the growth of…
GOLD XAU/USD close the trading week near the area of 1240. 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 1260 and the continuation of the fall in the price of GOLD below the level of 1185. XAU/USD weekly forecast & analysis July 16 — 20, 2018 In favor of falling quotations and prices for GOLD, a downtrend test on the relative strength indicator will perform, as well as a test of the upper bound of the «Triangle» model. The cancellation of…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6728. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the upper limit of the downlink near the level of 0.6800 and continue falling below the level of 0.6400. NZD/USD weekly forecast & analysis July 16 — 20, 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 and breakdown of…
Currency pair USD/CHF Dollar/Franc completes trading week near the level of 0.9890. At the moment, we should expect the test of the support area test near the 0.9960 level and the continued growth of the pair with a target above the level of 1.0380. USD/CHF weekly forecast & analysis July 16 — 20, 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 upper bound of the «Triangle» model. The cancellation of the USD/CHF growth option will be the fall and breakdown of…
Bitcoin BTC/USD completes the trading week at 6222 and continues to move within the limits of the decline. At this point, we should expect an attempt to test the lower bound of the «Triangle» model near the level of 7300. Where again we should expect a rebound and an attempt to continue the decline of the Bitcoin exchange rate with a target below 3700. Bitcoin weekly forecast & analysis July 16 — 20, 2018 In favor of falling quotes BTC/USD will perform a downtrend test on the indicator of relative strength index (RSI). The abolition of the Bitcoin reduction option…