Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7517. 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 0.7550 and continue falling below the level of 0.7350. AUD/USD weekly forecast on on December 11 — 15, 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 result in a strong growth and…
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 pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2852. The pair continues to move within the framework of growth. At the moment, we should expect an attempt to fall to the lower boundary of the channel near the level of 1.2550 and continue growth with the target above the level of 1.3170. USD/CAD weekly forecast on on December 11 — 15, 2017 In favor of continuing the growth of the pair will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the continuation…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 113.25. At this point, we should expect a test of level 113.60 and continuation of the fall of the pair into the area below the level of 109.90. In favor of the fall, the Dollar/Yen will test the resistance line on the indicator of relative strength index (RSI). USD/JPY weekly forecast on on December 11 — 15, 2017 The cancellation of the USD/JPY decline in the current trading week will be strong growth and breakdown of the 115.20 area, which will indicate…
GOLD XAU/USD close the trading week near the area of 1250. Quotes continue to move as part 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 the fall below the level of 1210. XAU/USD weekly forecast on on December 11 — 15, 2017 In favor of falling quotes and prices for GOLD, a test of the broken trend line will appear on the indicator of relative strength index (RSI). The cancellation of the fall in XAU/USD quotations will…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6860. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the level of 0.6880 and continue the fall of the pair below the level of 0.6500. NZD/USD weekly forecast on on December 11 — 15, 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…
Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9943. At the moment, we should expect an attempt to test the level of 0.9880 and continue the growth of the pair with a goal above 1.0250 within the beginning of the development of the reversal model «Head and Shoulders». USD/CHF weekly forecast on on December 11 — 15, 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 breakdown…
Bitcoin Cash BCH/USD is trading at 1387. Cryptocurrency is trading below the lower limit of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 1430, from which it is expected to attempt a rebound and continue falling with the target near 1215. Bitcoin Cash forecast & analysis on December 9, 2017 Earlier, a weak signal was received for sell of the Bitcoin Cash cryptocurrency, by crossing the signal lines at 1470. The abolition the variant of the BCH/USD will become a…
Bitcoin BTC/USD is trading at 15030. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 14100 is expected, from which it is expected to rebound and continue growth with the target near 18500. Bitcoin forecast & analysis BTC/USD on December 9, 2017 An additional signal in favor of the growth of the cryptocurrency will be the test of the lower boundary of the rising channel. Earlier, a strong signal was received for the buy of Bitcoin cryptocurrency…
Dash DSH/USD is trading at 694. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Dash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 700, from which we should expect a rebound and an attempt to continue falling with the target at 575. Dash forecast & analysis DSH/USD on December 9, 2017 Earlier, we received a weak signal for sales of Dash cryptocurrency, by crossing the signal lines at 755 level. breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes…
Ethereum Classic ETC/USD is trading at the level of 23.81. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of the Ichimoku Kinko Hyo signal lines is expected near 25.25, from which it is expected to attempt a rebound and continue falling with the target near the level of 19.00. Ethereum Classic forecast & analysis on December 9, 2017 Earlier, we received a weak signal for sales of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of…