Currency pair Pound Dollar GBP/USD completes trading week near area 1.3282. 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 1.3350 and continue falling quotations in the area below the level of 1.2750. GBP/USD weekly forecast June 18 — 22, 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 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 63.21 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 62.30 and continue the growth of the pair above the level of 67.20 as part of the «Triangle» model development. USD/RUB weekly forecast June 18 — 22, 2018 In favor of the growth of the Dollar/Ruble pair will test the trend line on the indicator of…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7452. 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 0.7540 and continue the fall of AUD/USD with a target below 0.7150. AUD/USD weekly forecast June 18 — 22, 2018 In favor of the drop, a resistance line 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 1.3194. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support area near the level of 1.3050 and continue the growth of quotations for a target above 1.3550. USD/CAD weekly forecast June 18 — 22, 2018 In favor of the growth of the pair USD/CAD will test the upward trend line on the indicator of relative strength index (RSI). The cancellation of the continuation of USD/CAD quotations growth in the current trading week…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 110.50. At this point, we should expect an attempt to test the support level near the area of 108.80 and continue the growth of the pair in the area above the level of 114.50. USD/JPY weekly forecast June 18 — 22, 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 1280. Quotes continue to move in a bearish trend. At this point, we should expect a test of the upper border of the channel near the area of 1300 and the continuation of the fall in the price of GOLD below the level of 1240. XAU/USD weekly forecast June 18 — 22, 2018 In favor of falling quotations and prices for GOLD will perform a bearish 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…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6947. 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 level of 0.6960 and continue the fall of the pair below the level of 0.6640. NZD/USD weekly forecast June 18 — 22, 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…
Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9946. At the moment, we should expect the test of the support area test near the 0.9910 level and the continued growth of the pair with a target above the level of 1.0350. USD/CHF weekly forecast June 18 — 22, 2018 In favor of the growth of the Dollar/Franc pair will perform a test of the support area on the relative strength index (RSI), as well as the upper bound of the «Flag» model. Cancellation of the USD/CHF growth scenario will be the fall and breakdown of…
Bitcoin BTC/USD completes the trading week at 6511 and continues to move within the limits of the decline. At the moment, we should expect an attempt to test the lower limit of the «Triangle» model near the level of 7000. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below 4000 as part of the model’s development. Bitcoin weekly forecast June 18 — 22, 2018 In favor of falling quotations BTC/USD will test the resistance line on the indicator of relative strength index (RSI). The abolition of Bitcoin’s…
Bitcoin BTC/USD is traded at 6630. The cryptocurrency is trading below the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 6700 is expected, from which one should expect a rebound and an attempt to continue falling of the cryptocurrency with a target at the level of 5900. Bitcoin forecast & analysis BTC/USD June 15, 2018 In favor of falling quotations of the cryptocurrency will test the upper limit of the bearish channel. Earlier, a weak signal was received for the…