Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 61.61 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 May 28 — June 1, 2018 In favor of the growth of the Dollar/Ruble pair will break the trend line on the indicator of…
Author: forex24pro
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near area 0.7572. 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 0.7630 and continue the fall of AUD/USD with a target below 0.7140. AUD/USD weekly forecast May 28 — June 1, 2018 In favor of the fall, a trendline 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 of 0.7750,…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2905. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the lower bound of the «Triangle» model near the area of 1.2820 and continue the growth of quotations for a target above the level of 1.3450. USD/CAD weekly forecast May 28 — June 1, 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). Canceling the option of continuing the…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 109.33. At this point, we should expect an attempt to test the resistance level near the area of 110.50 and continue the fall of the pair into the area below the level of 104.85. USD/JPY weekly forecast May 28 — June 1, 2018 In favor of the fall of the pair, the Dollar/Yen will test the resistance line on the relative strength index (RSI, as well as the formation of the «Head and Shoulders» reversal model. The cancellation of the USD/JPY fall…
GOLD XAU/USD close the trading week near the area of 1304. 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 1315 and the continuation of the fall in the price of GOLD below the level of 1245. XAU/USD weekly forecast May 28 — June 1, 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…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6923. 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 0.7060 and continue the fall of the pair below the level of 0.6620. NZD/USD weekly forecast May 28 — June 1, 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 option will result in a strong growth and…
Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9920. At this point, we should expect a test of the support area near the level of 0.9800 and the continued growth of the pair with a target above the level of 1.0250. USD/CHF weekly forecast May 28 — June 1, 2018 In favor of the pair’s growth, the Dollar Franc will perform a test of the support area on the indicator of relative strength index (RSI). Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of 0.9700, which will indicate the…
Bitcoin BTC/USD completes the trading week at 7395 and continues to move within the framework of the decline and formation of the «Triangle» model. At this point, we should expect an attempt to test the support area near the level of 7000. Again, we should expect a rebound and an attempt to increase the Bitcoin rate with a target above 12500. Bitcoin weekly forecast May 28 — June 1, 2018 In favor of the growth of quotations BTC/USD will test the upward trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth scenario will…
Ethereum ETH/USD completes the trading week at 592 and continues to move within the fall. At this point, we should expect a support level attempt near the 500 area. Again, we should expect a rebound and the continued growth of the Ethereum rate with a target above the level of 1000. Ethereum weekly forecast May 28 — June 1, 2018 In favor of the growth of quotations ETH/USD will test the support area on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head and Shoulders». Cancellation of the growth option will be…
Litecoin LTC/USD completes the trading week at level 118 and continues to move as part of the decline and formation of the «Triangle» model. At this point, you should expect an attempt to test the lower limit of the model «Triangle» near the level of 105. Where again we should expect a rebound and an attempt to increase the rate of Litecoin with a goal above 225. The target of testing the model is the area above the level of 380. Litecoin weekly forecast May 28 — June 1, 2018 In favor of the growth of LTC/USD quotations, an uptrend…