Quotes Gold XAU/USD close the trading week near the area of 1292. Quotes continue to move within the lateral trend and are currently testing resistance near the 1300 area. It is worth expecting a rebound attempt and the beginning of the fall in GOLD prices in the region below the level of 1220. XAU USD weekly forecast on August 28 — September 1, 2017 In favor of falling quotations and the price of Gold is the formation of the reversal model of the «Head and Shoulders» on the indicator of relative strength index (RSI). Cancellation of the variant 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.
Quotations of the pair USD/JPY close the trading week near the area of 109.20. The pair continues to test the support area. It is expected to rebound and the pair’s growth of the Dollar/Yen is above the level of 113.50. In favor of the growth of the pair is the formation of a reversal model the «Failure Swing» on the indicator of relative strength index (RSI). USD JPY weekly forecast on August 28 — September 1, 2017 The cancellation of the growth variant of the pair USD/JPY in the current trading week will be the fall and breakdown of the…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2472. The pair continues to move within the bearish channel. At this point, we should expect a test of the level 1.2420 and the beginning of correction to the region of the upper border of the channel near the area of 1.2750. USD CAD weekly forecast on August 28 — September 1, 2017 In favor of the growth of the pair is the formation of a model the failure swing on the indicator of relative strength index (RSI). The cancellation of the growth of…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near area of 0.7937. At this point, you should expect a rebound in the quotes above the 0.8050 level. Whence again it is necessary to expect continuation of decrease in quotations AUD/USD in the support area near the level of 0.7750. AUD USD weekly forecast on August 28 — September 1, 2017 In favor of the fall of the pair, a test of the broken trend line will appear on the indicator of relative strength. The cancellation of the fall of the AUD/USD pair will trigger a breakdown at…
Currency pair USD/RUB closes the trading week near the level of 58.77 rubles to the US dollar. At the moment, the pair continues to trade in the bearish channel. It is necessary to expect a test of the upper limit and continuation of the decline in the area below the level of 56.60 rubles per US dollar. USD RUB weekly forecast on August 28 — September 1, 2017 In favor of falling quotes of the Dollar/Ruble pair will perform a test of a broken trend line on the indicator of relative strength. Expect to accelerate the fall is a breakdown…
Currency pair British Pound to US Dollar GBP/USD completes the trading week near the area of 1.2880. The pair continues to move within the bullish channel. At this point, we should expect a rebound from the support level and an attempt to increase the quotes of the pound dollar to an area above the level of 1.3250. GBP USD weekly forecast on August 28 — September 1, 2017 In favor of growth is the test of the support line on the indicator of relative strength index. The cancellation of the GBP/USD growth option on Forex will be triggered by the…
Quotes of BRENT crude oil close the trading week near the area of $ 51.69 per barrel. It is worth waiting for an attempt to test the level of 52.50 and continue falling quotations and oil prices in the area below the level of $ 45 per barrel. In favor of the drop is a rebound from the resistance level on the price chart, as well as a downlink resistance test on the relative strength indicator (RSI). BRENT weekly forecast on August 28 — September 1, 2017 Canceling the option of lowering quotations and oil prices in the current trading…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1883. The pair continues to trade within the bullish channel. At the moment, the potential for continued growth of the pair in the area above the level of 1.22 remains. In favor of the growth of EUR/USD is the test of the support line on the indicator of relative strength index (RSI), and also the test of the lower border of the channel. EUR USD weekly forecast on August 28 — September 1, 2017 The abolition of the growth option will be a drop and a breakdown…
Zcash ZEC/USD is closing the trading week near the area of 235. Cryptocurrency is traded inside the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Zcash. Will test the area of the signal lines Ichimoku Kinko Hyo indicator 200 near the level where we can expect an attempt to growth and further development of bullish trends in order to increase the level near 270. An additional signal in favor of growth will make the test of the bullish channel’s lower border. Zcash weekly forecast on August 28 — September 1, 2017 Previously received a weak…
Ripple XRP/USD completes the trading week near the area of 0.2169. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ripple. A support level test is expected near the area of 0.2080, from which it is expected to rebound and the growth of the cryptocurrency with the target near the level of 0.3510. Ripple weekly forecast on August 28 — September 1, 2017 Earlier, a weak signal was received for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1820. Cancellation option will be the…