Bitcoin BTC/USD are traded at 16422 and continue to move within the bearish correction. At this point, we should expect an attempt to test the lower border of the channel near the 16000 area. Again, we expect a rebound and the continued growth of the Bitcoin rate with a target above 19550. Bitcoin BTC/USD forecast on December 21, 2017 In favor of the growth of the BTC/USD quotes, a support line test will be performed on the relative strength index (RSI). Cancellation of the variant of growth will be a fall and breakdown of the area 15500, which will indicate…
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.
The currency pair Euro Dollar EUR/USD continues to move within the bearish channel. At this point, we should expect an attempt to test the resistance level near 1.1810 and continue the fall of the euro/dollar with a target below 1.1640. In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength index (RSI). EUR/USD forecast & technical analysis on December 20, 2017 Cancellation of the variant of the Euro/Dollar price decline will be a breakdown at the level of 1.1860, which will indicate the breakdown of the upper border of the channel and the…
Currency pair Pound Dollar GBP/USD continues to move in the downward channel. At this point, we should expect an attempt to test the level of 1.3360 and continue the fall of the pair in the area below the level of 1.3185. In favor of the fall of the pair on FOREX will test the resistance line on the indicator of relative strength index (RSI). GBP/USD forecast & technical analysis on December 20, 2017 The abolition of the variant of the Pound/Dollar decline will be a strong growth and breakdown at the level of 1.3470, which will indicate the output of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of the formation of the bullish «5-0» model. At this point, we should expect an attempt to rebound and fall of quotations in the area below the level of 0.7560. AUD/USD forecast & technical analysis on December 20, 2017 In favor of the fall of the pair AUD/USD is the formation of the reversal model «Failure Swing» on the indicator of relative strength index (RSI). The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and breakdown at the level…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the descending channel. At the moment, we should expect a test of level 113.20 and continue falling into the area below the level of 110.50. In favor of the USD/JPY decline, a resistance line test will be performed on the relative strength index (RSI), and the formation of the «Head and Shoulders» reversal model will take place. USD/JPY forecast & technical analysis on December 20, 2017 The cancellation of the fall variant of the Yen Dollar pair will result in a strong growth and a…
Quotes of BRENT crude oil continue to move within the flat movement. At the moment, we should expect a test of the level of 64.30. Further continuation of the fall in the area below the level of 60.70. In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). BRENT crude oil technical analysis on December 20, 2017 The abolition of the fall in oil prices will be a strong increase and a breakdown of 65.90 dollars per barrel, which will indicate the breakdown of the resistance level…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the downward channel. At the moment, we should expect an attempt to test the upper border of the channel near 1.2885 and continue falling to the area below the level of 1.2620. 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). USD/CAD forecast & technical analysis on December 20, 2017 Cancellation of the USD/CAD decline on FOREX will be strong growth and breakdown of the area of 1.2920, which will indicate the…
Quotes of GOLD XAU/USD continue to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near the 1265 area and continue falling below the level of 1220. In favor of lowering the quotes XAU/USD will test the resistance line on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis on December 20, 2017 Canceling the variant of falling prices for Gold will be the breakdown of the area 1270, which will indicate the breakdown of the upper boundary of the descending channel and the continuation…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the growth framework. At this point, we should expect an attempt to rebound and fall of quotations in the area below the level of 0.6950, then continue the growth of the pair with a target above 0.7100. NZD/USD forecast & technical analysis on December 20, 2017 In favor of the growth of the pair NZD/USD will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of growth of quotations of the New Zealand Dollar…
Currency pair Dollar Franc USD/CHF continues to move within the correction. At this point, we should expect an attempt to test the support level near the area of 0.9840 and the continuation of the US Dollar against the Swiss Franc with a target above 0.9970. In favor of the growth of the Dollar/Franc pair will test the support line on the indicator of relative strength index (RSI), as well as the formation of the «Wedge» reversal model. USD/CHF forecast & technical analysis on December 20, 2017 The cancellation of the growth of the USD/CHF pair on FOREX will be the…