Quotes of BRENT crude oil close the trading week near the area of 63.74 dollars per barrel. It is worth waiting for an attempt to drop and test the lower border of the bullish channel near the level of $ 61. Whence again it is necessary to expect the continuation of the growth of quotations above the level of $ 66 per barrel. BRENT crude oil forecast on November 13 — 17, 2017 An additional signal in favor of oil price growth will be a bullish trend test on the indicator of relative strength index (RSI). The abolition of the…
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.
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3208. The pair continues to move within the flat movement. At this point, we expect growth in the area above 1.35 level and the continuation of the fall of quotations in the area below the level of 1.2350. GBP/USD weekly forecast on November 13 — 17, 2017 In favor of the decline of the British Pound, the «Head and Shoulders» reversal pattern will be formed on the price chart, as well as a resistance line test on the relative strength indicator (RSI). Expect to accelerate the fall…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 59 rubles per US Dollar. The pair continues to move within the flat trend. At the moment, we should expect a test of the level of 59.50 and continuation of the fall of the pair below the level of 55. USD/RUB weekly forecast on November 13 — 17, 2017 In favor of the fall of the Dollar/Ruble pair is the resistance line test on the indicator of relative strength index (RSI). The cancellation of the variant of the fall of the Dollar/Ruble pair will…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7549. The pair broke the lower border of the bullish channel, which indicates a probable continuation of the AUD/USD decline in the current trading week. AUD/USD weekly forecast on November 13 — 17, 2017 At the moment, we should expect a test of the level of 0.77 and continue the decline below the level of 0.7375. 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 be…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2687. The pair continues to move within the framework of the bullish correction. At this point, we should expect an attempt to grow into the area above the level of 1.30 as part of the completion of the formation of the bearish model «5-0». USD/CAD weekly forecast on November 13 — 17, 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…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 113.47. At the moment, the pair continues to test the resistance area, which indicates a potential rebound and a decline in quotes. It is worth to wait for the test of the resistance level near 114.25 and the continuation of the fall of the pair below the level of 110.00. USD/JPY weekly forecast on November 13 — 17, 2017 In favor of the decline, the Dollar/Yen will test the resistance line on the indicator of relative strength index (RSI). The cancellation of…
GOLD XAU/USD close the trading week near the area of 1275. Quotes continue to move in the formation of the model «Triangle». At the moment, we should expect a rebound test of the broken channel’s broken channel and the continuation of GOLD fall below the level of 1210. XAU/USD weekly forecast on November 13 — 17, 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 growth and breakdown of the…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6929. The pair continues to move within the framework of the bullish correction. At this point, we should expect a test of the resistance area near 0.6980 and the continuation of the fall below the level of 0.6570. NZD/USD weekly forecast on November 13 — 17, 2017 In favor of the fall of NZD/USD, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall option will result in a strong growth and…
Currency pair USD/CHF Dollar Franc completes the trading week near the level of 0.9960. At this point, we should expect an attempt to test the support level near the area of 0.9870 and continue growth with the target above the level of 1.0250. USD/CHF weekly forecast on November 13 — 17, 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). The cancellation of the USD/CHF growth option will be the fall and breakdown of the area of 0.9750, which will indicate the continued…
Bitcoin Cash BCH/USD is trading at 1042. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the 980 level is expected, from which it is expected to attempt a rebound and continue growth with the target close to 1250. An additional signal to benefit from the growth of the cryptocurrency will be a test of the broken «Triangle» model boundary. Bitcoin Cash forecast & analysis on November 12, 2017 Earlier, a strong signal was received for the buy of…