Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1957 and continues to move within the fall. At this point, we should expect an attempt to test the lower border of the channel near the level of 1.2100 and the continuation of the fall of the euro/dollar in the area below 1.1600. EUR/USD weekly forecast May 7 — 11, 2018 In favor of the fall of EUR/USD, there will be a breakdown of the downlink test on the relative strength index (RSI), as well as a resistance level test. The cancellation of the fall of the…
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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 BRENT crude oil close the trading week near the area of 73.81 dollars per barrel. It is worth waiting for an attempt to test the upper boundary of the bullish channel near the level of 74.50 and the beginning of the fall of oil in the area below 62.00 dollars per barrel. BRENT crude oil forecast May 7 — 11, 2018 An additional signal in favor of falling oil quotes in the current trading week will be a test of the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of falling…
Currency pair Pound Dollar GBP/USD completes trading week near area 1.3551. 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 1.3700 and continue falling quotations in the area below the level of 1.2850. GBP/USD weekly forecast May 7 — 11, 2018 In favor of the fall of the British Pound, a trend line test will be performed on the relative strength index (RSI), as well as the completion of the formation of the reversal model «Double Top». Canceling the fall of…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 63.37 Rubles for the US Dollar. The pair continues to move within the framework of growth. At the moment, we should expect a test of the support area near the level of 62.00 and the continuation of the pair’s growth above the level of 67.50. USD/RUB weekly forecast May 7 — 11, 2018 In favor of the growth of the Dollar Ruble pair will perform a test of the support line on the indicator of relative strength index (RSI). Canceling the option of continuing…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7516. 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 0.7650 and continue the fall of AUD/USD with a target below 0.7250. AUD/USD weekly forecast May 7 — 11, 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 1.2873. At the moment, we should expect an attempt to test the support level near the area of 1.2670 and continue the growth of quotations with a target above the level of 1.3150. USD/CAD weekly forecast May 7 — 11, 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 the fall and…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 109.10. 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 7 — 11, 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 in the current trading week will be the fall and breakdown of…
GOLD XAU/USD close the trading week near the area of 1309. 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 1365. XAU/USD weekly forecast May 7 — 11, 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 be the fall and breakdown of the 1280 area, which will indicate the…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7010. 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 0.7160 and continuation of the fall of the pair below the level of 0.6720. NZD/USD weekly forecast May 7 — 11, 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 trading week near the level of 0.9983. At this point, we should expect the test of the support area test near the level of 0.9800 and the continued growth of the pair with a target above the level of 1.0350. USD/CHF weekly forecast May 7 — 11, 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…