Quotes of BRENT crude oil close the trading week near the region of 61 dollars per barrel. It is worth waiting for a test of the level of $ 62. Whence again it is necessary to expect continuation of falling of quotations below level 58 dollars for barrel. BRENT crude oil forecast on November 6 — 10, 2017 An additional signal in favor of falling oil quotations is the formation of the «Head and Shoulders» reversal model on the indicator of relative strength. Canceling the option of reducing quotes and prices for BRENT oil in the current trading week will…
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 trading week near area 1.3077. The pair continues to move within the bullish channel. At this point, we should expect a breakdown of the lower border of the channel and the continuation of the fall of quotations in the area below the level of 1.2570. GBP/USD weekly forecast on November 6 — 10, 2017 In favor of the decline of the British Pound is the formation of the reversal model of the «Head and Shoulders» on the indicator of relative strength index (RSI). Expect to accelerate the fall of the GBP/USD pair with a…
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 lateral trend. At the moment, we should expect a test of the breached support level and the continuation of the pair’s growth above the level of 61. USD/RUB weekly forecast on November 6 — 10, 2017 In favor of the growth of the Dollar/Ruble pair is the formation of the «Head and Shoulders» reversal model on the indicator of relative strength index (RSI). The abolition of the variant of the Dollar/Ruble pair…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7649. The pair broke through the lower boundary of the bullish channel. At the moment, we should expect an attempt to test the broken edge and continue falling below the level of 0.7375. AUD/USD weekly forecast on November 6 — 10, 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 0.7750, which indicates that…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2768. 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 1.30 as part of the completion of the formation of the bearish model «5-0». USD/CAD weekly forecast on November 6 — 10, 2017 Near the level of the upper boundary of the channel, we again expect a rebound and attempt to fall below the level of 1.25. In favor of the growth of the…
Quotes of the pair USD/JPY close the trading week near the area of 114.25. At this point, the pair continues to test the resistance area. It is necessary to expect breakdown of the resistance level and the continuation of the pair’s growth above 118.50. USD/JPY weekly forecast on November 6 — 10, 2017 In favor of the growth of the pair is the test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth of the pair USD/JPY in the current trading week will be the fall and breakdown of the 113.00 area,…
Quotes GOLD XAU/USD close the trading week near the area of 1267. Quotes continue to move in the formation of the model «Triangle». At this point, we should expect a rebound test of the lower boundary of the channel and the continuation of the fall below the level of 1210. XAU/USD weekly forecast on November 6 — 10, 2017 In favor of falling 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…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.6909. The pair continues to move within the framework of the bullish correction. At the moment, we should expect an attempt to test the upper border of the channel and continue falling below the level of 0.6680. NZD/USD weekly forecast on November 6 — 10, 2017 In favor of the fall of NZD/USD, a trend line test will be performed on the relative strength indicator (RSI). The cancellation of the fall option will result in a strong growth and breakdown of the…
Currency pair USD/CHF Dollar Franc completes the trading week near the level of 1.00. At the moment, we should expect an attempt to test the lower border of the channel and continue growth with the target near the level of 1.0250. 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). USD/CHF weekly forecast on November 6 — 10, 2017 Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of 0.9850, which will indicate the continued decline in the…
Zcash ZEC/USD is trading at 217. Cryptocurrency is traded below the lower bound of the Cloud of the Ichimoku indicator Kinko Hyo, indicating a bullish trend for Zcash. Ichimoku Kinko Hyo signal line area test is near the 225 level, from which it is expected to rebound and attempt a further fall with a target below level 195. Zcash forecast & analysis ZEC/USD on November 4, 2017 An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance level. Earlier, a weak signal was received for sell of Zcash cryptocurrency, due to the…