Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 61.76 Ruble 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 61.40 and the continuation of the pair’s growth above the level of 66.50. USD/RUB weekly forecast May 14 — 18, 2018 In favor of the pair’s growth, the Dollar Ruble will test the lower border of the rising channel on the indicator of relative strength index…
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 Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7546. 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 0.7650 and continue the fall of AUD/USD with a target below 0.7220. AUD/USD weekly forecast May 14 — 18, 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…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2757. The pair continues to move within the bullish channel. At this point, we should expect an attempt to test the lower border of the channel near the area of 1.2650 and continue the growth of quotations for a target above 1.3250 level. USD/CAD weekly forecast May 14 — 18, 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). The cancellation of the continuation of USD/CAD quotes growth in…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 109.32. At this point, we should expect an attempt to test the support level near the area of 107.50 and continue the growth of the pair to an area above the level of 111.50. USD/JPY weekly forecast May 14 — 18, 2018 In favor of the pair’s growth, the Dollar/Yen will test the support line on the relative strength index (RSI). The cancellation of the growth of the pair USD/JPY on the current trading week will be the fall and breakdown of…
GOLD XAU/USD close the trading week near the area of 1322. Quotes continue to move within the bullish channel. At the moment, we should expect a test of the support level near the area of 1300 and the continuation of growth above the level of 1400. XAU/USD weekly forecast May 14 — 18, 2018 In favor of the growth of quotations and prices for GOLD will perform a trend line test on the indicator of relative strength index (RSI). Cancellation of the growth scenario for XAU/USD will result in a fall and breakdown of the 1280 area, which will indicate…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6973. The pair continues to move in a bearish trend. At the moment, we should expect a test of the resistance area near the level of 0.7150 and continuation of the fall of the pair below the level of 0.6650. NZD/USD weekly forecast May 14 — 18, 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 be a strong and breakdown of the…
Currency pair USD/CHF Dollar Franc completes the trading week near the level of 1.0016. At the moment, we should expect an attempt to test the support area near the 0.9900 level and continue the growth of the pair with a target above the level of 1.0350. USD/CHF weekly forecast May 14 — 18, 2018 In favor of the growth of the Dollar/Franc pair will test the trend line on the indicator of relative strength index (RSI). Cancellation of the USD/CHF growth scenario will be a fall and breakdown of the area of 0.97, which will indicate the breakdown of the…
Bitcoin BTC/USD completes the trading week at the level of 8717 and continue to move within the framework of the decline and formation of the «Triangle» model. At this point, you should expect to try the support area test near the level of 7500. Where again we should expect a rebound and an attempt to grow Bitcoin with a target above 12500. Bitcoin weekly forecast May 14 — 18, 2018 In favor of the growth of quotations BTC/USD will perform a test of the broken trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin…
Bitcoin BTC/USD is trading at 9327. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the area of 9500, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 8500 level. Bitcoin forecast & analysis BTC/USD May 11, 2018 In favor of falling quotations, the cryptocurrency will perform a resistance level, as well as the formation of the «Head and Shoulders» reversal model. Earlier, we received a…
Ethereum ETH/USD is traded at the level of 758. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Ethereum. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the area 725 is expected, from which one should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at the level of 900. Ethereum forecast & analysis ETH/USD May 11, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well…