Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 57.15 Rubles per US Dollar. The pair continues to move within the bearish channel. At the moment, we should expect a resistance level test near the area of 58.20 and the continuation of the fall of the pair below the level of 55.80. In favor of the fall of the Dollar/Ruble pair is the resistance area test on the relative strength index (RSI). USD/RUB weekly forecast on March 5 — 9, 2018 The abolition of the continuation of the fall of the Dollar/Ruble pair…
Author: forex24pro
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7750. The pair continues to move within the bullish channel. At this point, we should expect a test of the support level test near the area of 0.7680 and the continuation of growth with a target above 0.8050. AUD/USD weekly forecast on March 5 — 9, 2018 In favor of the growth of the pair is the test of the bearish trend line on the indicator of relative strength index (RSI). Cancellation of the AUD/USD growth option will be a drop and a breakdown at…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2907. At the moment, we should expect an attempt of a resistance level near the 1.3040 area and the continuation of the fall of quotations with a target below the level of 1.2350, within the beginning of the development of the bearish model «Wolfe Wave». USD/CAD weekly forecast on March 5 — 9, 2018 In favor of the fall of the pair, a trend line test will be performed on the indicator of relative strength index (RSI). The abolition of the continuation of the…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 105.46. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the 107.80 area and continue the fall of the pair into the area below the level of 100.10. USD/JPY weekly forecast on March 5 — 9, 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 fall of the pair USD/JPY on the current trading…
GOLD XAU/USD close the trading week near the area of 1322. Quotes continue to move within the correction. At the moment, we should expect the lower bound of the «Triangle» model near the 1300 area and the continuation of the growth above the level of 1415. XAU/USD weekly forecast on March 5 — 9, 2018 In favor of the growth of quotations and GOLD prices, a support line test will be performed on the relative strength indicator (RSI). Cancellation of the growth scenario for XAU/USD will be the fall and breakdown of the 1290 area, which will indicate the breakdown…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7229. The pair continues to move within the framework of the formation of the «Triangle» model. 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 0.7050. NZD/USD weekly forecast on March 5 — 9, 2018 In favor of the fall of NZD/USD, a trend line test will be performed on the relative strength index (RSI). The cancellation of the fall option…
Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9378. At this point, we should expect an attempt to test the resistance area near the level of 0.9470 and continue the fall of the pair with a target below 0.9050. In favor of the fall of the pair, the Dollar/Franc will test the resistance area on the relative strength index (RSI), as well as the formation of the bearish model «Wolfe Wave». USD/CHF weekly forecast on March 5 — 9, 2018 The cancellation of the USD/CHF decline option will result in a strong growth and breakdown…
Bitcoin BTC/USD is trading at 11,306. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Bitcoin. Ichimoku Kinko Hyo signal line area test is expected, from which we expect a rebound and an attempt to continue growth with the target at the level of 12350. Earlier we received a weak signal for buy of Bitcoin cryptocurrency due to the crossing of signal lines at the level of 9800. Bitcoin forecast & analysis BTC/USD on March 4, 2018 The cancellation of the variant of Bitcoin quotations growth will be the breakdown…
Dash DSH/USD is trading at 584. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Dash. Ichimoku Kinko Hyo Cloud near the level 590 is expected to be tested near the level of 590, from which we should expect a rebound and an attempt to continue the fall with a target at level 500. An additional signal in favor of the fall is the test of the upper bound of the «Triangle» model. Dash forecast & analysis DSH/USD on March 4, 2018 Earlier, a strong signal was received for sell…
Ethereum Classic ETC/USD is trading at the level of 25.64. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near the area of 26.50 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 18.50. An additional signal in favor of the fall is the resistance level test. Ethereum Classic forecast & analysis on March 4, 2018 Earlier, a medium strength signal was received for sell…