Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3256. 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 1.3500 and continue falling quotations in the area below the level of 1.2550. GBP/USD weekly forecast June 25 — 29, 2018 In favor of the fall of the British Pound, a trendline test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall of the pair will result in a strong growth and breakdown…
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 US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 62.99 Rubles to the US Dollar. The pair continues to move within the correction and the start of the «Triangle» model. At the moment, we should expect the upper bound of the «Triangle» model near the level of 62.50 and the continuation of the pair’s growth above the level of 67.00. USD/RUB weekly forecast June 25 — 29, 2018 In favor of the growth of the Dollar/Ruble pair will test the trend line on the indicator of relative strength index (RSI). Canceling the option…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near area of 0.7423. The pair continues to move in a bearish trend. At the moment, we should expect an attempt to test the support level near the area of 0.7360 and continue the growth of AUD/USD with a target above 0.7650 as part of the start-up of the bullish model «Wolfe Wave» AUD/USD weekly forecast June 25 — 29, 2018 In favor of growth, a test of the support area on the indicator of relative strength index (RSI) will perform. Cancellation of the AUD/USD growth scenario will be…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3318. The pair continues to move within the framework of growth. At the moment, we should expect a test of resistance near the level of 1.3390 and the beginning of the fall of quotations with a target below the level of 1.2720 as part of the start-up of the bearish model «Wolfe Wave». USD/CAD weekly forecast June 25 — 29, 2018 In favor of the fall of the pair USD/CAD will test the trend line on the indicator of relative strength index (RSI). The…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 109.97. At this point, we should expect an attempt to test the support level near the area of 108.60 and continue the growth of the pair in the area above the level of 113.85. USD/JPY weekly forecast June 25 — 29, 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 pair USD/JPY in the current trading week will be the fall and breakdown of…
GOLD XAU/USD close the trading week near the area of 1268. Quotes continue to move within the bearish trend. At the moment, we should expect a test of the upper border of the channel near the area of 1285 and the continuation of the fall in the price of GOLD below the level of 1205. XAU/USD weekly forecast June 25 — 29, 2018 In favor of falling quotations and prices for GOLD will perform a downtrend test of the trend on the indicator of relative strength index (RSI). The cancellation of the fall in the XAU/USD quotation will result in…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6893. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the lower bound of the «Triangle» model near the level of 0.6830 and start the pair’s growth above the level of 0.7100. NZD/USD weekly forecast June 25 — 29, 2018 In favor of NZD/USD growth, the «Head and Shoulders» reversal model will appear on the indicator of relative strength index (RSI). Cancellation of the growth option will be a fall and breakdown…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9899. At this point, we should expect an attempt to test the support area near the level of 0.9820 and continue the growth of the pair with a target above the level of 1.0250. USD/CHF weekly forecast June 25 — 29, 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 upper limit of the bearish channel. Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area…
Bitcoin Cash BCH/USD is trading at 864. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test near the 850 level, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency with a target above the level of 1015. Bitcoin Cash forecast & analysis BCH/USD June 22, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a test of the lower «Triangle» model. Earlier,…
Ripple XRP/USD is trading at 0.52. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.53, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target near the level of 0.45. Ripple forecast & analysis XRP/USD June 22, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the…