The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2666. At the moment, we should expect an attempt to test the lower border of the channel near the area of 1.2500 and continue the growth of quotations for a target above 1.3050. USD/CAD weekly forecast April 23 — 27, 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 growth of USD/CAD quotes in the current trading week will be a fall and…
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 pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 107.55. At this point, we should expect an attempt to test the resistance level near the area of 108.00 and continue the fall of the pair into the area below the level of 101.60. USD/JPY weekly forecast April 23 — 27, 2018 In favor of the fall of the pair, the Dollar/Yen will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the USD/JPY fall in the current trading week will be strong growth and breakdown…
GOLD XAU/USD close the trading week near the area of 1342. Quotes continue to move within the bullish channel. At the moment, we should expect a test of the support level near the area of 1325 and the continuation of growth above the level of 1395. XAU/USD weekly forecast April 23 — 27, 2018 In favor of the growth of quotations and prices for GOLD will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the growth scenario for XAU/USD will be the fall and breakdown of the 1295 area, which will…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7232. The pair continues to move within the side trend. At the moment, we should expect a test of the resistance area near the level of 0.7400 and continuation of the fall of the pair below the level of 0.6950. NZD/USD weekly forecast April 23 — 27, 2018 In favor of the fall of NZD/USD, a resistance line test will be performed on the relative strength index (RSI). Cancellation of the fall option will be a strong and breakdown of the area…
Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9721. At this point, we should expect an attempt to test the upper limit of the channel near the level of 0.9780 and continue the fall of the pair with a target below 0.9355. USD/CHF weekly forecast April 23 — 27, 2018 In favor of the fall of the pair, the Dollar/Franc will perform a resistance line test on the relative strength index (RSI). The cancellation of the USD/CHF decline option will result in a strong growth and breakdown of the area of 0.9860, which will indicate…
Bitcoin BTC/USD completes the trading week at 8295 and continue to move within the framework of the bullish correction. At this point, we should expect a test of the support area near the level of 6700. Once again, we should expect a rebound and an attempt to grow Bitcoin with a target above 11500, as part of the reversal model, the inverted «Head and Shoulders». Bitcoin weekly forecast April 23 — 27, 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…
The currency pair Euro Dollar EUR/USD continues to move within the framework of the formation of the bearish «Wolfe Wave» model. At the moment, we should expect a test of the resistance level near the area of 1.2370, where again we should expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below the level of 1.2200. EUR/USD forecast & technical analysis April 20, 2018 In favor of falling quotes EUR/USD will perform a test of a broken trendline on the indicator of relative strength index (RSI). Cancellation of the variant of the Euro/Dollar price…
Currency pair Pound Dollar GBP/USD continues to move in the fall and working off of the bearish model «Wolfe Wave». At this point, we should expect a test of resistance level near the area of 1.4140, where again we should expect a rebound and the continuation of the fall of the Pound against the Dollar. The target of the fall of the GBP/USD pair and the development of the «Wolfe Wave» model is below 1.3900. GBP/USD forecast & technical analysis April 20, 2018 In favor of the fall of the pair on Forex will test the trend line on the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish channel. At the moment, we should expect an attempt to test the resistance area near the level of 0.7780 and continue falling quotations in the area below the level of 0.7570. AUD/USD forecast & technical analysis April 20, 2018 In favor of the fall of the pair AUD/USD will perform a test of the broken trend line on the indicator of relative strength index (RSI). The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and a breakdown at the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction. At this point, we should expect a test of the resistance area near the level of 107.70 and continuation of the fall of the pair in the area below the level of 105.50. USD/JPY forecast & technical analysis April 20, 2018 In favor of the fall of the pair USD/JPY will test the resistance line on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head and Shoulders». The cancellation of the fall variant of the…