Currency pair US Dollar to Swiss Franc USD/CHF completes trading week near the level of 0.9739. At this point, we should expect a rebound and a fall in the pair’s quotes to the area below the level of 0.96. In favor of the drop, a resistance line test can be performed on the relative strength indicator (RSI). USD/CHF weekly forecast on August 7 — 11, 2017 With the completion of the «Head and Shoulders» reversal pattern, we again expect to continue the growth of the Dollar/Franc pair. Expect to accelerate the growth of the pair is with the breakdown of…
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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 the New Zealand Dollar against the US Dollar NZD/USD close the trading week near the area of 0.74. At the moment, we should expect an attempt to fall to the lower border of the channel at the level of 0.7350 and further continue the growth above the level of 0.75. NZD/USD weekly forecast on August 7 — 11, 2017 In favor of the growth of the pair NZD/USD, a support line test will be performed on the indicator of relative strength index (RSI). By canceling the growth option, the fall in the breakdown of the area is 0.73,…
Gold Quotes XAU/USD close the trading week near the area of 1256. Quotes continue to move within the bearish channel. It is worth waiting for the continuation of the fall in the area below the level of 1200. XAU/USD weekly forecast on August 7 — 11, 2017 In favor of falling quotes and prices for Gold is the resistance line test on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the region 1295, which will indicate the continued growth of XAU/USD. XAU/USD weekly forecast on August 7…
Quotes of the currency pair USD/JPY close the trading week near the area of 110.80. The pair continues to test the lower boundary of the rising channel. It is expected to rebound and the pair’s growth of the Dollar/Yen is above the level of 116.50. USD/JPY weekly forecast on August 7 — 11, 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 variant of the pair USD/JPY will be the fall and the breakdown of the area of 108.50, which…
The currency pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2660. 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 model 5-0». USD/CAD weekly forecast on August 7 — 11, 2017 In favor of the growth of USD/CAD quotes is the breakdown of the Wedge model on the indicator of relative strength index (RSI). The cancellation of the growth option may come in the form of a fall and breakdown of the area of 1.2450,…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7899. At the moment, it is necessary to expect the formation of the «Head and Shoulders» reversal pattern and continue the decline to the area below the level of 0.77. AUD/USD weekly forecast on August 7 — 11, 2017 In favor of the fall of the pair is the test of the upper border of the channel, as well as the breakdown of the rising trend line on the indicator of relative strength index (RSI). The cancellation of the fall of the AUD/USD pair will…
Currency pair 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. It is worth expecting the test of the lower boundary of the model at level 59 and the continuation of growth above the level of 63 rubles per US dollar. USD/RUB weekly forecast on August 7 — 11, 2017 In favor of growth, a test of the support line on the indicator of relative strength index (RSI) will perform. The cancellation of the variant of the Dollar/Ruble pair…
Currency pair Pound/Dollar GBP/USD completes the trading week near the area of 1.13040. The pair continues to push off from the upper border of the channel. It is expected to continue falling to the area below the level of 1.24. GBP/USD weekly forecast on August 7 — 11, 2017 In favor of falling quotes of the pound-dollar pair is the formation of the «Wedge» model at small time intervals. The cancellation of the fall of the GBP/USD pair is the breach of the 1.3350 area, which will indicate the continued growth of the pair. Among the important news from England…
Quotes of BRENT oil close the trading week near the region of $ 52 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 fall, a resistance level test comes in, as well as a bearish trendline test on the relative strength indicator index (RSI). BRENT crude oil weekly forecast on August 7 — 11, 2017 The cancellation of the variant of falling quotations and oil prices will be followed by breakdown of the area 55, which…
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 bullish channel. At the moment, the potential for continuing the decline of the pair in the area below the level of 1.1550 remains. EUR/USD weekly forecast on August 7 — 11, 2017 Where again we should expect a rebound and a position of growth. In favor of the growth of the euro, the test of the support line on the indicator of relative strength index (RSI) will perform. Cancellation of the growth option will be a drop…