Thursday , June 24 2021

Forex forecast for the week: 28/01/2019 – 01/02/2019

Forecast for instruments: ,,,,,,,, Bitcoin, Gold, Oil ,,, Sberbank (MCX :), Gazprom (MCX 🙂

With regard to the Russian ruble, usdrub continues the medium-term downward correction traded at the current bottom due to the low volatility. In the oil brenz, the mid-term upward adjustment during the month could not break the resistance level of 61.60

The US dollar has fallen sharply compared to most USD majors at the end of the trading week. According to the dollar index, buyers failed to surpass the historical resistance level of 95.65, forming another false breakthrough.

According to the xauusd, a downward correction after false assumptions of the support level of 1276 was accompanied by a sharp rise in price. According to btcusd, the trade situation remains unchanged, the consolidation with low volatility continues above the level of support 3478

Detailed Forex Forecast for the week of January 28 – February 1, 2019, see the video. Sincerely, Artem Gilli is an analyst of technical analysis and author of the Gel Trading project.

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