Quotes of BRENT crude oil close the trading week near the area of $ 68.90 per barrel. It is worth waiting for an attempt to test the resistance area near the level of 72.00 and the beginning of the fall of oil in the area below $ 60.00 per barrel. BRENT crude oil forecast on March 26 — 30, 2018 An additional signal in favor of falling oil quotes will be a test of the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of falling quotations and prices for BRENT oil in the…
Author: forex24pro
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.4103. The pair continues to move within the bullish channel. At this point, we should expect a test of the resistance area near the level of 1.4250 and continuation of the fall of quotations in the area below the level of 1.3670. GBP/USD weekly forecast on March 26 — 30, 2018 In favor of the fall of the British Pound, a trend line test will be performed on the relative strength index (RSI). The cancellation of the fall of the pair will result in a strong growth…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 57.11 Rubles per US Dollar. The pair continues to move within the bearish channel. At the moment, we should expect a test of the resistance level near the area of 58.40 and continuation of the fall of the pair below the level of 54.40. USD/RUB weekly forecast on March 26 — 30, 2018 In favor of the fall of the Dollar Ruble pair will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the option of continuing the…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7715. The pair continues to move within the bullish channel. At this point, we should expect a test of resistance level near the area of 0.7850 and continuation of the fall with a target below 0.7530. AUD/USD weekly forecast on March 26 — 30, 2018 In favor of the fall of the pair is the formation of the «Head and Shoulders» model on the indicator of relative strength index (RSI). The abolition of the AUD/USD decline option will be strong growth and breakdown at the…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2919. At the moment, we should expect an attempt at a resistance level near the 1.3060 area and the continuation of the drop in quotations below the level of 1.2450, as part of the start of the development of the «Head and Shoulders» reversal model. USD/CAD weekly forecast on March 26 — 30, 2018 In favor of the fall of the pair, a downtrend line test will perform on the relative strength index (RSI). The abolition of the continuation of the USD/CAD decline in…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 104.86. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the 105.90 area and continue the fall of the pair into the region below the level of 100.50. USD/JPY weekly forecast on March 26 — 30, 2018 In favor of the fall of the pair, the Dollar/Yen will perform a resistance line test on the relative strength index (RSI), as well as a test of the upper boundary of the bearish channel. The…
GOLD XAU/USD close the trading week near area 1341. Quotes continue to move within the bullish channel. At the moment, we should expect a test of the support level near the area of 1310 and the continuation of growth above the level of 1420. XAU/USD weekly forecast on March 26 — 30, 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 1280 area, which will indicate…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7236. The pair continues to move within the flat trend. At the moment, we should expect a test of the resistance area near the level of 0.7350 and the continuation of the fall of the pair below the level of 0.6950. NZD/USD weekly forecast on March 26 — 30, 2018 In favor of the fall of NZD/USD, a trend line test will be performed on the indicator of relative strength index (RSI). Cancellation of the fall option will be a strong growth…
Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9466. At the moment, expect a test of the resistance area near the level of 0.9610 and the continuation of the fall of the pair with a target below 0.9130. USD/CHF weekly forecast on March 26 — 30, 2018 In favor of the fall of the pair Dollar/Franc will perform a trend line test on the indicator of relative strength index (RSI). The cancellation of the USD/CHF decline option will result in a strong growth and breakdown of the area of 0.9800, which will indicate the breakdown…
Bitcoin BTC/USD is trading at 8609. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near the area of 8500 is expected, from which we should expect a rebound and an attempt to continue growth with the target at the level of 9700. Bitcoin forecast & analysis BTC/USD on March 24, 2018 In support of the growth of the cryptocurrency quotations, a test of the support area will perform, as well as a test of the upper boundary of…