Quotes of the New Zealand Dollar against the US Dollar NZD/USD close the trading week near the area of 0.7085. At this point, we should expect an attempt to test the level of 0.7050 as part of the completion of the formation of the bullish model of the Wolfe wave. NZD/USD weekly forecast on October 9 — 13, 2017 Where again we should expect a rebound and continued growth of the pair with a potential target near the level of 0.7550. In favor of the growth of NZD/USD is the test of the support area on the indicator of relative…
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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.
Quotes Gold XAU/USD close the trading week near the area of 1272. Quotes continue to move within a downward correction. At the moment GOLD is testing the lower boundary of the channel, it is worth expecting a rebound and the growth of quotations above the level of 1340. XAU/USD weekly forecast on October 9 — 13, 2017 In favor of the growth of quotations and prices for GOLD is the test of the support line on the indicator of relative strength index (RSI), and the formation of the bullish model «5-0». Cancellation of the variant of growth of quotations XAU/USD…
Quotes of the pair USD/JPY close the trading week near the area of 112.71. The pair continued to move within the bearish channel. It is expected to rebound from the upper boundary of the channel and continue falling into the area below the level of 108.00. USD/JPY weekly forecast on October 9 — 13, 2017 In favor of reducing the pair is the resistance line test on the relative strength indicator (RSI). The cancellation of the fall of the pair USD/JPY in the current trading week will be strong growth and breakdown of the 114.00 area, which will indicate the…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2551. The pair continues to move within the framework of the bullish correction. At the moment, we should expect a test of the level of 1.27, from which we should expect a rebound and a decline of the pair below the level of 1.2450 within the framework of the head and shoulders reversal pattern. USD/CAD weekly forecast on October 9 — 13, 2017 In favor of the fall of the pair’s growth from the level of 1.2450, a test of the support line will…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7765. At the moment, the pair is testing the support area, we should expect a rebound and pair growth in the area above the level of 0.7950. Where again we should expect the continuation of the fall in quotations AUD/USD in the area below the level of 0.7520. AUD/USD weekly forecast on October 9 — 13, 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 AUD/USD…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 58 Rubles per US Dollar. The pair continues to move within the flat trend. It is worth waiting for an attempt to continue falling to the area of 56.70 rubles per US Dollar. USD/RUB weekly forecast on October 9 — 13, 2017 Where again we should expect a rebound and growth of the pair above the level of 60. In favor of the growth of the Dollar/Ruble pair will perform a test of a broken trend line on the indicator of relative strength index…
Currency pair Pound Dollar GBP/USD completes trading week near area 1.3050. The pair continues to move within the ascending channel. At the moment, quotes are testing the area of the lower border of the channel and there is a potential for continuing the growth of the pair in the area above the level of 1.3550. GBP/USD weekly forecast on October 9 — 13, 2017 In favor of the growth of the British Pound is the test of the support line on the indicator of relative strength index (RSI). Canceling the GBP/USD growth option on Forex will break through the area…
Quotes of BRENT crude oil close the trading week near the area of 55.41 dollars per barrel. We should expect an attempt to rebound and continue falling quotations and oil prices in the region below the level of $ 50 per barrel as part of the formation of the bullish «5-0» model. BRENT crude oil forecast on October 9 — 13, 2017 In favor of the decline is a rebound from the resistance area on the price chart. An additional signal is the breakdown of the ascending trend line on the indicator of relative strength index (RSI). Canceling the option…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1725. At this point, we should expect an attempt to rebound and grow the pair in the area above the level of 1.19 as part of the completion of the «Head and Shoulders» reversal pattern. Near level 1.19, we should expect the pair to continue falling with a potential target near the level of 1.1250. EUR/USD weekly forecast on October 9 — 13, 2017 In favor of the fall of EUR/USD is the breakdown of the upward trendline on the indicator of relative strength index (RSI). The…
Bitcoin BTC/USD is completing the trading week near the area of 4394. Cryptocurrency is traded above the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the 4250 level, from which it is expected to try to grow and continue the development of the bullish trend with a target near the 5250 level. An additional signal in favor of the growth of the cryptocurrency will be a test of the support area. Bitcoin weekly forecast on October 9 — 13, 2017 Earlier, a medium strength signal was obtained for the…