Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7611. 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 0.7640 and continue falling below the level of 0.7410. AUD/USD weekly forecast on on December 4 — 8, 2017 In favor of the fall of the pair is the resistance line test on the indicator of relative strength index (RSI). The cancellation of the AUD/USD fall will result in a strong growth and breakdown at…
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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 1.2709. The pair continues to move within the bearish channel. At the moment, we should expect an attempt to grow into the area above the level of 1.2780 and continue the decline with a target below 1.2420. USD/CAD weekly forecast on on December 4 — 8, 2017 In favor of continuing the fall of the pair is the formation of the reversal model «Failure Swing» on the indicator of relative strength index (RSI). 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 area of 112.14. At this point, we should expect an attempt to test the upper border of the channel near the level of 113.60 and continue the fall of the pair into the area below the level of 109.90. USD/JPY weekly forecast on on December 4 — 8, 2017 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 decline in the current trading week will be strong growth…
GOLD XAU/USD close the trading week near the area of 1280. Quotes continue to move within the framework of the formation of the «Triangle» model. At the moment, we should expect a test of the lower boundary of the model near the level of 1265 and the continuation of growth above the level of 1295. XAU/USD weekly forecast on on December 4 — 8, 2017 In favor of the growth of quotations and prices for GOLD, a test of the support line on the indicator of relative strength index (RSI) will perform. Cancellation of the growth scenario for XAU/USD will…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6889. 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 0.6830 and the pair’s growth above the level of 0.7070 within the beginning of the development of the «Head and Shoulders» reversal model. NZD/USD weekly forecast on on December 4 — 8, 2017 In favor of the growth of NZD/USD is the breakdown of the resistance line on the indicator of relative strength index (RSI). Cancellation…
Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9765. At the moment, we should expect an attempt to test the level of 0.9730 and continue the growth of the pair with a goal above 1.02 as part of the start of the development of the «Head and Shoulders» reversal model. USD/CHF weekly forecast on on December 4 — 8, 2017 In favor of the growth of the Dollar/Franc pair is the test of the support line on the indicator of relative strength index (RSI). The cancellation of the USD/CHF growth scenario will be the fall and…
Bitcoin Cash BCH/USD is trading at 1281. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the level 1415 is expected to be tested near the level of the rebound and continue the fall with the target close to 1050. Bitcoin Cash prediction & analysis on December 2, 2017 Earlier, a weak signal was received for sell of the Bitcoin Cash cryptocurrency, by crossing the signal lines at the level of 1600. By abolishing the variant of the BCH/USD will become a breakdown of…
Bitcoin BTC/USD is trading at 9802. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo signal line area test is near the 9650 level, from which it is expected to rebound and continue growth with the target close to 11300. An additional signal in favor of the growth of the cryptocurrency will be an uptrend line test. Bitcoin prediction & analysis BTC/USD on December 2, 2017 Earlier, a weak signal was received for the sell of Bitcoin cryptocurrency due to the crossing of signal lines at 10250.…
Dash DSH/USD is trading at 740. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. Ichimoku Kinko Hyo signal line area test is near the 715 level, from which it is expected to rebound and attempt to continue growth with the target at 860. Dash prediction & analysis DSH/USD on December 2, 2017 Earlier, a strong signal was received for buy of Dash cryptocurrency, by crossing the signal lines at 445 level. the breaking of the lower boundary of the Ichimoku Kinko Hyo Cloud with the…
Ethereum Classic ETC/USD is trading at the level of 25.23. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near 24.50 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 31.50. Ethereum Classic prediction & analysis on December 2, 2017 Earlier, we received a weak signal for sell of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 26.50.…