Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3326. The pair continues to move within the limits of the decline. At this point, we should expect an attempt to test the resistance area near the level of 1.3650 and continue falling quotations in the area below the level of 1.2570. GBP/USD weekly forecast June 4 — 8, 2018 In favor of the fall of the British Pound will perform a test of a broken trend line on the indicator of relative strength index (RSI). The cancellation of the fall of the pair will result in…
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 62.09 Rubles 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 61.00 and continue the growth of the pair above the level of 66.50 as part of the model’s development. USD/RUB weekly forecast June 4 — 8, 2018 In favor of the growth of the Dollar/Ruble pair will break the trend line on the indicator of relative…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7550. 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 0.7620 and continue the fall of AUD/USD with a target below 0.7205. AUD/USD weekly forecast June 4 — 8, 2018 In favor of the drop, a resistance area test will be performed on the relative strength index (RSI). The cancellation of the AUD/USD fall will result in a strong growth and breakdown at the level…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2961. The pair continues to move within the bullish channel. At the moment, we should expect the test of the support area test near the level of 1.2830 and the continuation of the growth of quotations with a target above the level of 1.3500. USD/CAD weekly forecast June 4 — 8, 2018 In favor of the growth of the pair USD/CAD will test the bullish trend line on the indicator of relative strength index (RSI). Canceling the option of continuing the growth of USD/CAD…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 109.61. At this point, we should expect an attempt to test the resistance level near the area of 110.50 and continue falling of the pair into the area below the level of 104.40. USD/JPY weekly forecast June 4 — 8, 2018 In favor of the fall of the pair, the Dollar/Yen will test the resistance line on the relative strength indicator, as well as the formation of the reversal model «Double Top». The cancellation of the USD/JPY fall in the current trading…
GOLD XAU/USD close the trading week near the area of 1294. Quotes continue to move within the limits of the decline. At the moment, we should expect a test of the resistance level near the area of 1300 and the continuation of the fall in the price of Gold below the level of 1230. XAU/USD weekly forecast June 4 — 8, 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 XAU/USD quotations will result in a strong…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6974. The pair continues to move in a bearish trend. At this point, we should expect a test of the resistance area test near the level of 0.7060 and continuation of the fall of the pair below the level of 0.6710. NZD/USD weekly forecast June 4 — 8, 2018 In favor of the fall of NZD/USD, a resistance line test will be performed on the relative strength index (RSI). The cancellation of the fall variant will result in a strong growth and…
Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9900. At this point, we should expect a test of the support area test near the level of 0.9810 and the continued growth of the pair with a target above the level of 1.0320. USD/CHF weekly forecast June 4 — 8, 2018 In favor of the growth of the Dollar/Franc, a support area test will be performed on the relative strength index (RSI), as well as a test of the upper boundary of the bearish channel. Cancellation of the USD/CHF growth scenario will be the fall and breakdown…
Ripple XRP/USD completes the trading week at 0.60 and continue to move within the framework of a bearish correction and the formation of an inverted «Head and Shoulders» model. At this point, we should expect an attempt to test the support level near the area of 0.57. Whence again we should expect a rebound and the continued growth of the cryptocurrency in the area above the level of 1.10. Ripple weekly forecast June 4 — 8, 2018 In favor of the growth of quotations XRP/USD will test the trend line on the indicator of relative strength index (RSI). Cancellation of…
Litecoin LTC/USD completes the trading week at level 118 and continues to move within the correction and formation of the «Triangle» model. At this point, we should expect an attempt to test the lower limit of the model «Triangle» near the level of 105. Again, we should expect a rebound and an attempt to increase the rate of Litecoin with a target above 215. The overall target of working out the «Triangle» model is the area above the level of 380. Litecoin weekly forecast June 4 — 8, 2018 In favor of LTC/USD quotes growth, the support area test will…