Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3856. The pair continues to move within the bullish channel. At this point, we should expect an attempt to test the support area near the level of 1.3650 and continue the growth of quotations in the area above the level of 1.4750. GBP/USD weekly forecast on March 12 — 16, 2018 In favor of the growth of the British Pound, a trend line test will be performed on the relative strength index (RSI), as well as a test of the lower boundary of the bullish channel. Cancellation…
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 US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 56.68 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 57.60 and the continuation of the fall of the pair below the level of 55.20. USD/RUB weekly forecast on March 12 — 16, 2018 In favor of the fall of the Dollar/Ruble pair is the resistance area test on the relative strength index (RSI). The abolition of the continuation of the fall of the…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7849. The pair continues to move within the bullish channel. At the moment, we should expect a test of the support level test near the area of 0.7750 and the continuation of growth with the goal above the level of 0.8120. In favor of the growth of the pair, an bullish line test will be performed on the indicator of relative strength index (RSI). AUD/USD weekly forecast on March 12 — 16, 2018 Cancellation of the AUD/USD growth option will be a drop and breakdown…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2830. 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 1.2440, as part of the start-up of the bearish model of the «Wolfe Wave». USD/CAD weekly forecast on March 12 — 16, 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…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 106.75. 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 101.40. USD/JPY weekly forecast on March 12 — 16, 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 1324. Quotes continue to move within the correction. At the moment, we should expect a support level test near the 1300 area and the continuation of the growth above the level of 1385. In favor of the growth of quotations and GOLD prices, a support line test will be performed on the indicator of relative strength index (RSI). XAU/USD weekly forecast on March 12 — 16, 2018 Cancellation of the variant of growth of quotations XAU/USD will fall and breakdown of the area 1290, which will indicate the breakdown of…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7293. 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 support area near the level of 0.7250 and the continued growth of the pair above the level of 0.7500. NZD/USD weekly forecast on March 12 — 16, 2018 In favor of the growth of NZD/USD, a trend line test will be performed on the indicator of relative strength index (RSI). Cancellation of the growth option will…
Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9495. At this point, we should expect an attempt to test the resistance area near the level of 0.9540 and continue the fall of the pair with a target below 0.9150. 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 12 — 16, 2018 The cancellation of the USD/CHF decline option will result in a strong growth and breakdown…
Bitcoin BTC/USD is trading at 9062. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the area of 9300 is expected, from which it is expected to rebound and attempt to continue falling with the target at 7400 level. Bitcoin forecast & analysis BTC/USD on March 10, 2018 In favor of falling quotations of cryptocurrency, a resistance level test will perform, as well as a trend line bearish test. Earlier, we received a weak signal for sell of Bitcoin…
Dash DSH/USD is trading at 444. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Dash. The test area of Ichimoku Kinko Hyo signal lines near level 490 is expected, from which it is expected to rebound and attempt to continue falling with a target at level 340. Dash forecast & analysis DSH/USD on March 10, 2018 An additional signal in favor of the fall will be a test of the resistance area. Earlier, a strong signal was received for sell of Dash cryptocurrency, due to the crossing of signal…