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…
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.
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…
The stock index S&P 500 completes the trading week near the level of 2800. The index is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the S&P 500. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 2755, from which it is expected to attempt a rebound and continue development of the bull tendency with the target of growth near the level of 2920. S&P 500 weekly forecast & analysis July 16 — 20, 2018 An additional signal in favor of the growth of the index in…
The stock index NASDAQ closes the trading week near the level of 7387. The index is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the NASDAQ. The test area of Ichimoku Kinko Hyo signal lines near the level of 7200 is expected, from which it is expected to attempt a rebound and development of the bullish trend with the aim of growth near the 7900 level. NASDAQ weekly forecast & analysis July 16 — 20, 2018 An additional signal for the growth of the index on the current trading week on July…
The stock index FTSE 100 completes the trading week near the level of 7653. The index is traded inside the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over the FTSE 100. The test area of Ichimoku Kinko Hyo signal lines near the level of 7485 is expected, from which it is expected to attempt a rebound and continue the development of the ascending movement for growth near the 8115 level. FTSE 100 weekly forecast & analysis July 16 — 20, 2018 An additional signal in favor of the growth of the index in the current…
The stock index NIKKEI 225 completes the trading week near the level of 22952. The index is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in NIKKEI 225. The Ichimoku Kinko Hyo signal line area test is expected near the level of 22250, from which it is expected to try to rebound quotations of the exchange index and continued growth with a view to rising near the level of 24120. NIKKEI 225 weekly forecast & analysis July 16 — 20, 2018 An additional signal in favor of the growth of quotations of the…
The stock index Dow Jones completes the trading week near the level of 24970. The index is trading above the upper boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bullish trend for the Dow Jones. At the beginning of the trading week on July 16 — 20, 2018 the upper limit of the Ichimoku Kinko Hyo Cloud near the level of 24750 is expected, from which it is expected to attempt a rebound and further development of the bullish movement with a target to growth near the area of 26150. Dow Jones weekly forecast &…
The stock index DAX 30 completes the trading week near the level of 12571. The index is traded inside the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for the DAX 30. The lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 12450, from which it is expected to attempt a rebound and continue the growth of the index with a view to climb near the level of 13445. DAX 30 weekly forecast & analysis July 16 — 20, 2018 An additional signal in favor of the growth of the stock…