Quotes of BRENT crude oil close the trading week near the area of 63.42 dollars per barrel. It is worth waiting for an attempt to test the resistance area near the level of 65.00 and the continuation of the fall of oil in the area below $ 57.50 per barrel. 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). BRENT crude oil forecast on February 12 — 16, 2018 The cancellation of the variant of falling quotations and prices for BRENT oil in the…
Author: forex24pro
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3780. The pair continues to move within the bullish channel. At this point, we should expect an attempt to test the lower border of the channel near the 1.3550 area and continue the growth of quotations to the area above the level of 1.4250. GBP/USD weekly forecast on February 12 — 16, 2018 In favor of the growth of the British Pound will perform a test of the support line on the indicator of relative strength index (RSI), as well as a test of the level of…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 58.28 Rubles per US Dollar. The pair continues to move within the bearish channel. At the moment, we should expect a test of the support level near the area of 57.10 and the continuation of the pair’s growth above the level of 61.00. In favor of reducing the Dollar/Ruble pair is the trendline test on the relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal model. USD/RUB weekly forecast on February 12 — 16, 2018 Canceling the option…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7804. The pair continues to move within the framework of a bearish correction. At the moment, we should expect a test of the support level near the 0.7725 area and the start of growth with a target above 0.7960. AUD/USD weekly forecast on February 12 — 16, 2018 In favor of the growth of the pair will perform a test of the support area on the indicator of relative strength index (RSI). Cancellation of the AUD/USD growth scenario will result in a drop and breakdown…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2612. At the moment, we should expect an attempt to test the support area near the level of 1.2450 and continue the growth of quotations with a target above 1.3120. USD/CAD weekly forecast on February 12 — 16, 2018 In favor of the growth of the pair will perform a test of the support line on the indicator of relative strength index (RSI). Canceling the option of continuing the growth of USD/CAD quotations in the current trading week will be the fall and breakdown…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 108.60. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the area of 109.00 and continue the fall of the pair into the area below the level of 106.00. USD/JPY weekly forecast on February 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 in the current…
GOLD XAU/USD close the trading week near the area of 1313. Quotes continue to move within the correction. At the moment, we should expect a test of the support level near the area of 1300 and the continuation of the growth above the level of 1395 as part of the start of the development of the bullish model «5-0». XAU/USD weekly forecast on February 12 — 16, 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 variant of…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7248. The pair continues to move within the framework of growth. 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. In favor of the fall of NZD/USD, a trend line test will be performed on the relative strength index (RSI). NZD/USD weekly forecast on February 12 — 16, 2018 The cancellation of the fall option will be a strong growth…
Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9399. At this point, we should expect an attempt to test the upper limit of the descending channel near the level of 0.9450 and continue the fall of the pair with a target below 0.9120. USD/CHF weekly forecast on February 12 — 16, 2018 In favor of the fall of the pair Dollar/Franc will perform a trend line test on the indicator of relative strength index (RIS). The cancellation of the USD/CHF decline option will result in a strong growth and breakdown of the area of 0.9540, which…
Bitcoin BTC/USD is traded at the level of 8520. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the 8700 level, from which it is expected to rebound and attempt to continue falling with a target at 6400. An additional signal in favor of the drop will be a resistance level test, as well as a test of the upper boundary of the bearish channel. Bitcoin forecast & analysis BTC/USD on February 10, 2018 Earlier, a weak signal was…