Currency pair Euro to US Dollar EUR/USD closes the trading week near the area of 1.1760. The pair continues to trade within the rising channel. At the moment, the potential for continuing the decline of the pair to the lower boundary of the channel at the level of 1.1580 remains. EUR/USD weekly forecast on August 14 — 18, 2017 Where again we should expect a rebound and continued growth of the Euro/Dollar above the level of 1.19. In favor of EUR/USD growth, a support line test will be performed on the relative strength indicator (RSI). Cancellation of the growth option…
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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 of BRENT oil close the trading week near the area of $ 51.60 per barrel. It is worth waiting for an attempt to rebound and fall in quotations and oil prices in the region below the level of $ 45 per barrel. In favor of the drop comes a resistance level test on the price chart, as well as a downlink resistance test on the relative strength indicator (RSI). BRENT crude oil forecast on August 14 — 18, 2017 The cancellation of the variant of falling quotations and oil prices will be followed by breakdown of the area 55,…
Currency pair Pound to US Dollar GBP/USD completes the trading week near the area of 1.2970. The pair continues to push off from the upper border of the channel. At the moment, there is potential for the formation of the «Head and Shoulders» reversal pattern, which will indicate the continuation of the decline in the area below the level of 1.25. GBP/USD weekly forecast on August 14 — 18, 2017 It is worth to expect an attempt to grow the pair in the area above the level of 1.3150. The cancellation of the fall of the GBP/USD pair will be…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 60 rubles per US dollar. At the moment, the pair continues to trade within the framework of the «Triangle» model formation. USD/RUB weekly forecast on August 14 — 18, 2017 It is worth expecting the test of the lower boundary of the model at level 59, as well as the area of support and continuation of growth above the level of 63 rubles per US dollar. Expect the acceleration of the pair’s growth. The Dollar/Ruble stands with the breakdown of the upper limit of…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7855. At this point, you should expect a pair of quotes rebound into the area above the level of 0.7995. Where again we should expect the continuation of the decline in quotations AUD/USD in the area below the level of 0.7740. AUD/USD weekly forecast on August 14 — 18, 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…
Currency pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2725. At the moment, we should expect the pair to continue growing above the level of 1.29 as part of the completion of the formation of the bearish pattern 5-0. USD/CAD weekly forecast on August 14 — 18, 2017 Near the upper boundary of the channel, we expect a rebound and a drop in quotations to the area below the level of 1.24. The cancellation of the growth option may come in the form of a fall and breakdown of the area of 1.2450,…
Quotes of the currency pair USD/JPY close the trading week near the area of 109.11. The pair continues to test the lower combat movement, as well as the support area. It is expected to rebound and the pair’s growth of the Dollar/Yen is above the level of 115.00. USD/JPY weekly forecast on August 14 — 18, 2017 In favor of the growth of the pair is the test of the support line on the indicator of relative strength (RSI). The cancellation of the growth of the pair USD/JPY on the current trading week will be the fall and breakdown of…
Quotes Gold XAU/USD close the trading week near the area of 1287. Quotes continue to move within the lateral trend. It is worth waiting for the test of the resistance area test near the area of 1295 and the beginning of the fall to the area below the level of 1210. XAU/USD weekly forecast on August 14 — 18, 2017 In favor of falling quotations and prices for Gold is the resistance line test on the indicator of relative strength (RSI). The abolition of the fall option will be a strong growth and breakdown of the region 1310, which will…
Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7280. At this point, we should expect a rebound attempt at the 0.7385 level and then continue falling below the level of 0.70, within the framework of the beginning of the development of the «Head and Shoulders» reversal model. NZD/USD weekly forecast on August 14 — 18, 2017 In favor of the fall of the pair NZD/USD will perform a test of a broken trend line on the indicator of relative strength. The reversal of the fall of the pair will be…
Currency pair US Dollar to Swiss Franc USD/CHF closes the trading week near the level of 0.9620. At this point, we should expect a rebound and growth of quotations of the pair in the area above the level of 0.9850. In favor of the growth of the Dollar/Franc is the formation of the reversal model of the «Head and Shoulders». USD/CHF weekly forecast on August 14 — 18, 2017 The abolition of the growth option will be the fall and breakdown of the local minimum area. Expect to accelerate the growth of the pair USD/CHF is with the breakdown of…