Author: 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 ​​$ 61.84 per barrel. It is worth waiting for the test of 62.50 and continuing the fall in the support area at $ 57 per barrel. An additional signal in favor of falling oil quotes is the formation of the reversal model «Failure Swing» on the indicator of relative strength index (RSI). BRENT crude oil forecast on November 20 — 24, 2017 The cancellation of the variant of falling quotes and prices for BRENT oil in the current trading week will be the breakdown of area 65,…

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Currency pair Pound Dollar GBP/USD completes trading week near area 1.3197. The pair continues to move within the flat trend. At this point, we should expect the breakdown of the «Triangle» model and growth in the area above 1.35, followed by a continued fall in quotations below the level of 1.2615. GBP/USD weekly forecast on November 20 — 24, 2017 In favor of the decline of the British Pound, a resistance line test will be performed on the indicator of relative strength index (RSI). Expect to accelerate the fall of the pair GBP/USD is with the breakdown of the bottom…

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Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 59.24 Rubles per US dollar. The pair continues to move within the framework of the «Triangle» model. At the moment, we should expect a test of the support level near 58.80 and the continued growth of the pair above the level of 61.50. USD/RUB weekly forecast on November 20 — 24, 2017 In favor of the growth of the Dollar/Ruble pair will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the variant of the…

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Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of ​​0.7540. The pair continues to move within the bearish channel. At the moment, we should expect a test of the level of 0.7650 and continue falling below the level of 0.7350. AUD/USD weekly forecast on November 20 — 24, 2017 In favor of the fall of the pair, a resistance line test will be performed on the indicator of relative strength index (RSI). The cancellation of the AUD/USD fall will be triggered by a breakdown at the level of 0.7820, indicating that the Australian Dollar…

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The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2812. The pair continues to move within the framework of the bullish correction. At the moment, we should expect an attempt to grow into the area above the level of 1.2950 as part of the completion of the formation of the bearish model «5-0». USD/CAD weekly forecast on November 20 — 24, 2017 Near the level of the upper boundary of the channel, we again expect a rebound and attempt to fall below the level of 1.23. In favor of continuing the fall of…

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Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of ​​112.42. At this point, we should expect an attempt to test the resistance level near 114.00 and continue falling below the level of 110.00. In favor of growth, the  Dollar/Yen will test the support line on the indicator of relative strength index (RSI). USD/JPY weekly forecast on November 20 — 24, 2017 The cancellation of the fall of the pair USD/JPY on the current trading week will be a strong growth and breakdown of the 115.00 area, which will indicate the continued…

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GOLD XAU/USD close the trading week near the area of ​​1285. Quotes continue to move as part of the formation of the «Triangle» model. At the moment, we should expect a test of the broken border of the bullish channel and the continuation of the fall of GOLD below the level of 1215. XAU/USD weekly forecast on November 20 — 24, 2017 In favor of lower quotations and prices for GOLD, a breakdown of the support line on the indicator of relative strength index (RSI) will perform. The cancellation of the fall of XAU/USD quotations will result in a strong…

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Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of ​​0.6794. The pair continues to move in the fall. At the moment, we should expect a test of the support level near 0.6750 and the pair’s growth above the level of 0.6950. NZD/USD weekly forecast on November 20 — 24, 2017 In favor of the growth of NZD/USD is the formation of the reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the growth option will be the fall and breakdown of the area 0.6680,…

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Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9904. At this point, we should expect an attempt to test the support level near the area of ​​0.9820 and continue growth with a target above 1.0150. USD/CHF weekly forecast on November 20 — 24, 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 option will be the fall and breakdown of the area of ​​0.9650, which will indicate the continued decline in the pair on…

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Bitcoin Cash BCH/USD is trading at 1061. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the level 1000 is expected to be tested near the level of 1000, from which it is expected to attempt a rebound and continue growth with a view near 1305. Bitcoin Cash prediction & analysis on November 18, 2017 Previously, we received a weak signal for sell of the Bitcoin Cash cryptocurrency, by crossing the signal lines at the level of 1150. The cancellation of the growth option…

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