Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near area 0.7716. The pair continues to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near the level of 0.7790 and continue falling below the level of 0.7390. AUD/USD weekly forecast on December 25 — 29, 2017 In favor of the fall of the pair, a resistance area test will be performed on the relative strength index (RSI). The cancellation of the AUD/USD fall will be a strong growth and a breakdown at the level of…
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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.
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2730. The pair continues to move within the descending channel. At this point, we should expect an attempt to test the upper border of the channel near the level of 1.2800 and continue falling with a target below 1.2250. USD/CAD weekly forecast on December 25 — 29, 2017 In favor of continuing the fall of the pair will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the continuation of the USD/CAD decline in the current trading week…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 113.30. At this point, we should expect an attempt to continue the fall of the pair into the region below the level of 109.90 within the framework of the formation of the bullish «Wolfe Wave» model. USD/JPY weekly forecast on December 25 — 29, 2017 Further, the pair continues to grow above the level of 115.00. In favor of the fall, the Dollar/Yen will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the USD/JPY fall…
GOLD XAU/USD close the trading week near the area of 1274. Quotes continue to move within the limits of the decline. At the moment, we should expect a test of the upper boundary of the bearish channel near the level of 1285 and the continuation of the fall below the level of 1220. XAU/USD weekly forecast on December 25 — 29, 2017 In favor of the drop in quotations and Gold prices, the resistance area test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall in XAU/USD quotations will result in a strong…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7019. The pair continues to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near the level of 0.7100 and continue the fall of the pair below the level of 0.6670. NZD/USD weekly forecast on December 25 — 29, 2017 In favor of the fall of NZD/USD is the resistance line test on the indicator of relative strength index (RSI). The abolition of the decline option will be a strong…
Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9899. At the moment, we should expect an attempt to test the level of 0.9810 and continue the growth of the pair with a goal above 1.0240 within the beginning of the development of the reversal model «Head and Shoulders». USD/CHF weekly forecast on December 25 — 29, 2017 In favor of the growth of the Dollar Franc pair will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the USD/CHF growth scenario will be the fall and breakdown…
Bitcoin Cash BCH/USD is trading at 2291. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. The Ichimoku Kinko Hyo Cloud is expected to test near the 1950 level, from which it is expected to attempt a rebound and continue growth with the target close to 2950. Bitcoin Cash forecast & analysis on December 23, 2017 Earlier, a weak signal was received for sell of Bitcoin Cash cryptocurrency, by crossing the signal lines at 2620. Canceling the growth of BCH/USD will become a breakdown of the lower boundary of…
Bitcoin BTC/USD is trading at 12837. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near the level of 14000 is expected, from which we should expect a rebound and an attempt to continue the fall with the target near 10500. Bitcoin forecast & analysis BTC/USD on December 23, 2017 An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Earlier, a weak signal was received for the sell of Bitcoin cryptocurrency, due…
Dash DSH/USD is trading at the level of 1100. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 1000, from which we should expect a rebound and an attempt to continue growth with the target at 1350. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Dash forecast & analysis DSH/USD on December 23, 2017 Earlier, we received a weak signal for…
Ethereum Classic ETC/USD is trading at 24.31. 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 26.80 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 15.60. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Ethereum Classic forecast & analysis on December 23, 2017 Earlier, a weak signal was received for sell of the Ethereum Classic…