Currency pair Euro to Dollar EUR/USD completes trading week at the level of 1.1170. It is worth waiting for an attempt to test the area of 1.1250 as part of the completion of the «Head and Shoulders» reversal pattern. Whence it is necessary to expect falling of quotations with the first target near level 1.10. EUR/USD weekly forecast June 19 — 23, 2017 Cancellation of the variant of falling of quotations of euro dollar will be the breakdown of the local maximum area and the closing of quotes of the pair above the level of 1.1310, which will indicate the…
Author: forex24pro
Currency pair British Pound to US Dollar GBP/USD completes the trading week near the area of 1.2765. It is worth waiting for an attempt to continue reducing the cat’s pair in the area below the border of the channel at the level of 1.2450. GBP/USD weekly forecast June 19 — 23, 2017 Where again we should expect an attempt to rebound and continue the growth of the pair. In favor of the drop comes the test of the broken trend line on the indicator of relative strength index. Cancellation of the fall option will be a breakdown at the level…
Quotes of BRENT oil close the trading week near the local minimum area. It is worth waiting for an attempt to test the broken channel border and continue falling quotations and oil prices in the area below the level of $ 43 per barrel. In favor of correction from current levels is the test of the support area on the indicator of relative strength index. Brent crude weekly forecast June 19 — 23, 2017 Cancellation of the fall option will be a breakdown of the lower border of the channel and the closing of quotations above the level of $…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.76. The pair continues to trade within the framework of the forex pattern «Triangle». It is worth to wait for the test of the level of 0.7650 and the beginning of the fall of quotations in the area below the level of 0.73. AUD/USD weekly forecast June 19 — 23, 2017 In favor of the drop is the resistance area test on the relative strength index. The cancellation of the variant of falling of the Australian Dollar to US Dollar will be the breakdown of…
Currency pair US Dollar to Canadian Dollar USD/CAD closes the trading week near the level of 13250. It is worth waiting for an attempt to test the lower limit of the ascending channel of the bullish pattern «5-0», and continuing the pair’s growth into the area above 1.37 level. USD/CAD weekly forecast June 19 — 23, 2017 In favor of the growth of quotations of the Canadian Dollar to US Dollar USD/CAD is the test of the support area on the indicator of relative strength index. The abolition of the growth option will be the fall and breakdown of the…
Currency pair US Dollar to Japanese Yen USD/JPY close the trading week near the area of 111.30. The pair continues to trade within the bullish channel, and the reversal pattern «Head and Shoulders» is also completing. It is worth expecting an attempt to continue the growth of quotes of the Dollar Yen pair with the first growth target near the level of 114.50. USD/JPY weekly forecast June 19 — 23, 2017 Expect to accelerate the growth of quotations USD/JPY is with the breakdown of the level of 115.00. Cancellation of the variant of growth of quotations of the pair will…
Quotes Gold XAU/USD close the trading week near the area of 1256. Quotes continue to push off the level of the upper boundary of the bearish channel. It is necessary to expect the continuation of the decline in the area below the level of 1180. XAU/USD weekly forecast June 19 — 23, 2017 In favor of the fall, the values of the relative strength indicator come off the trend line on the indicator of relative strength. Expect to accelerate the fall in quotations and the price of gold is with the breakdown of the lower boundary of the rising channel.…
Currency pair New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of 0.7235. The pair continues to trade in the bearish channel. It is worth waiting for an attempt to rebound and fall of quotations in the area below the level of 0.70. NZD/USD weekly forecast June 19 — 23, 2017 In favor of falling quotes of the New Zealand Dollar pair against the US Dollar is the resistance area test on the relative strength indicator. Cancellation of the fall option will be a breakdown of the area of 0.73, which will indicate the continued…
Currency pair US Dollar to Swiss Franc USD/CHF completes trading week at 0.9735. It is worth waiting for an attempt to drop the quotations in the area below the level of 0.9650, where again we should expect an attempt to grow the pair. USD/CHF weekly forecast June 19 — 23, 2017 In favor of growth is the formation of a reversal model of the «Head and Shoulders». Expect the acceleration of the pair’s growth Dollar/Franc is worth a breakdown of the neck line and closing of quotes above the level of 0.98. Cancellation of the pair’s growth option will be…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 57.65 rubles per dollar. The pair continues to move within the framework of the «Head and Shoulders» reversal pattern. USD/RUB weekly forecast June 19 — 23, 2017 We should expect an attempt to break the level of the Neck Line and continue the growth of the Dollar Ruble pair quotations to the area above the level of 60. In favor of the growth of the USD/RUB pair quotes, the trend line breaks out on the relative strength indicator. USD/RUB weekly forecast June 19 —…