Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1806. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the area of 1.1860 and continue falling to the area below the level of 1.1480. EUR/USD weekly forecast on December 18 — 22, 2017 In favor of the fall of EUR/USD, a resistance line test will be performed on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown at the level of 1.2050, which will indicate the…
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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.
Quotes of BRENT crude oil close the trading week near the area of 63.61 dollars per barrel. It is worth waiting for an attempt to test the lower border of the channel near the level of 63.00 and continue growth in the area above $ 68 per barrel. BRENT crude oil forecast on December 18 — 22, 2017 An additional signal for the growth of oil quotes is the test of the support line on the indicator of relative strength index (RSI). Canceling the growth of quotations and prices for oil BRENT in the current trading week will break through…
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3409. The pair continues to move within the ascending channel. At this point, we should expect an attempt to test the level of 1.3520 and continue falling quotations in the region at the level of 1.2620. GBP/USD weekly forecast on December 18 — 22, 2017 In favor of the decline of the British Pound will test the resistance area on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head and Shoulders». Expect to accelerate the fall of the pair…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 58.79 Rubles to the US Dollar. The pair continues to move within the framework of the «Triangle» model. At the moment, we should expect a test of the resistance level near the area of 59.70 and continuation of the fall of the pair below the level of 57.50. USD/RUB weekly forecast on December 18 — 22, 2017 In favor of the fall of the Dollar Ruble pair is the formation of the reversal pattern «Head and Shoulders» on the indicator of relative strength. The…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7676. 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 0.7760 and continue falling below the level of 0.7370. AUD/USD weekly forecast on December 18 — 22, 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…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2754. 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 1.2820 and continue falling with a target below the level of 1.2250. In favor of continuing the fall of the pair will test the resistance line on the indicator of relative strength index (RSI). USD/CAD weekly forecast on December 18 — 22, 2017 The cancellation of the continuation of the USD/CAD decline in the…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the 112.11 area. At this point, we should expect an attempt to continue the fall of the pair into the area below the level of 109.90 within the framework of the formation of the bullish «Wolfe Wave» model. USD/JPY weekly forecast on December 18 — 22, 2017 Further, the pair continues to grow above the level of 115.00. In favor of growth, the Dollar/Yen will test the support line on the indicator of relative strength index (RSI). The cancellation of the growth of the pair…
GOLD XAU/USD close the trading week near the area of 1258. Quotes continue to move within the limits of the decline. At the moment, we should expect a test of the lower limit of the Triangle model near the level of 1265 and continuation of the fall below the level of 1210. XAU/USD weekly forecast on December 18 — 22, 2017 In favor of falling quotes and prices for GOLD, a bearish test on the relative strength index (RSI) will perform. The cancellation of the fall in XAU/USD quotations will result in a strong growth and breakdown of the 1285…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7028. 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 0.6500. NZD/USD weekly forecast on December 18 — 22, 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 completes the trading week near the level of 0.9874. At the moment, we should expect an attempt to test the level of 0.9790 and continue the growth of the pair with a target above 1.0270 as part of the start of the development of the «Head and Shoulders» reversal model. USD/CHF weekly forecast on December 18 — 22, 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…