Currency pair Euro/Dollar EUR/USD continues to move as part of the development of a bullish correction and a downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are rebounding from the area between the signal lines, which indicates pressure from sellers of the European currency and a potential continuation of the fall in asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0558. As part of the Forex forecast for June 28, 2022, we should expect an attempt to develop a price…
Author: forex24pro
Currency pair Pound/Dollar GBP/USD continues to move as part of the development of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2285. Moving averages indicate the presence of a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to develop a rise in the price of the British…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of a correction after a rebound from an important support area. Moving averages indicate the presence of a short-term bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from current levels. At the time of publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6948. At the moment, we should expect an attempt to develop…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 135.19. Moving averages indicate the presence of a short-term downward trend in the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth already from current levels. As part of the forecast for the Japanese Yen on June 28, 2022, we should expect…
Brent continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the price of Brent oil is $108.96 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of “Black Gold” and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a fall and test the support level near the area of 104.05 dollars…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the beginning of the development of the “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2893. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the price pair’s fall in the near future. At the moment, we should expect an attempt to develop the price…
GOLD continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the price of Gold is 1823 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 1835. Where should we expect a…
Silver continue to move within the correction and the bearish channel. At the time of the publication of the forecast, the price of Silver is 21.11. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall in value already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the resistance level near the area of 21.20. Where should we expect a rebound…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the development of the fall and the formation of the “Triangle” pattern. Moving averages indicate a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers currency pair and a potential continuation of the fall in the value of the instrument already from current levels.At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6322.At the moment, we…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the beginning of working out a large reversal pattern “Double Top”. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9580. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the areas between the signal lines down, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect…