Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the downward channel. At the moment, we should expect an attempt to increase in the area of the upper border of the channel near the level of 0.7605 and continue the fall of the pair with a target below the level of 0.7460. AUD/USD forecast & technical analysis on December 5, 2017 In favor of continuing the fall of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the drop in the Australian Dollar quotations will result in…
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of the bullish correction. At this point, we should expect an attempt at a resistance level near 112.65 and continue falling into the area below the level of 110.50. In favor of the fall of USD/JPY is the formation of the reversal model «Failure Swing» on the indicator of relative strength index (RSI). USD/JPY forecast & technical analysis on December 5, 2017 The cancellation of the continuation of the fall of the pair Dollar Yen will be strong growth and breakdown at 113.40,…
Quotes of BRENT crude oil continue to move within the framework of the formation of the reversal model «Double Top». At this point, we should expect to try a test level of 64. Further continuation in the fall area below level 58 as part of the development of the reversal model «Double top». BRENT crude oil technical analysis on December 5, 2017 In favor of falling quotes and oil prices, BRENT will test the downward trend line on the indicator of relative strength index (RSI). Expect a faster decline in BRENT, with a breakdown in the support area and a…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in a strong fall. At this point, we should expect a test of the resistance level near 1.2835 and the continuation of the fall in the area below the level of 1.2500. USD/CAD forecast & technical analysis on December 5, 2017 In favor of falling quotations of the Canadian Dollar will perform a test of the resistance line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD fall on the Forex market will be the fall and breakdown of the area of 1.2920, which will…
Quotes of GOLD XAU/USD continue to move within the framework of the «Triangle» model. At the moment, we should expect an attempt to test the level of 1270 and continue the growth above the level of 1285. In favor of the growth of quotations XAU/USD is the test of the support line on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis on December 5, 2017 The cancellation of the variant of the price increase for Gold will be the breakdown of the area 1255, which will indicate the breakdown of the lower boundary of the «Triangle»…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the limits of the decline. At this point, we should expect an attempt to test the level of 0.6820 and continue growth in the area above the level of 0.6980. In favor of the growth of the pair NZD/USD, a support line test will be performed on the relative strength indicator (RSI), as well as the formation of the «Head and Shoulders» reversal model. NZD/USD forecast & technical analysis on December 5, 2017 Cancellation of the variant of growth of quotations of the New…
Currency pair Dollar Franc USD/CHF continues to move within the descending channel. At the moment, we should expect a test of the support level near 0.9765 and the beginning of growth with a target above 0.9980. 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). USD/CHF forecast & technical analysis on December 5, 2017 The cancellation of the growth of the USD/CHF pair on Forex will be the fall and breakdown of the area of 0.9710, which will indicate the continuation of the USD/CHF…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the bullish correction. At the moment, we should expect a test of level 59.20 and continuation of the fall of the pair in the area below the level of 57.50. USD/RUB forecast & technical analysis on December 5, 2017 In favor of the fall of the pair USD/RUB will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall of the USD/RUB pair on the FOREX will be a strong growth and breakdown of the region of 59.40 rubles…
Zcash ZEC/USD completes trading week near area 337. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Zcash. Ichimoku Kinko Hyo signal line area test near the 320 level is expected, from which it is expected to rebound and continue the development of the bullish trend in cryptocurrency with the target near the level 440. An additional signal of the growth of the cryptocurrency will be a test of the support level. Zcash (ZEC/USD) weekly forecast December 4 — 8, 2017 Earlier, we received a weak signal for…
Ripple XRP/USD completes the trading week near the area of 0.2474. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.2340, from which it is expected to rebound and continue the growth of the cryptocurrency with the target near the level of 0.3120. Ripple (XRP/USD) weekly forecast December 4 — 8, 2017 Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at 0.2060.…