Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and broke through the lower border of the descending channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3683. Moving averages indicate a short-term bearish trend. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to correct the British Pound against the US Dollar and test…
Author: forex24pro
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend. Prices are again pushing the area between the signal lines, which indicates pressure from the sellers of the currency pair and the potential continuation of the fall in the value of the instrument already from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7155. At the moment, we should expect an attempt to develop a rise and test…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.63. Moving averages indicate a short-term bullish trend for the pair. However, prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the US Dollar and a potential continuation of the decline in prices already from the current levels. As part of the forecast for the Japanese Yen rate…
Brent continue to move within the fall and the downtrend channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 65.95 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices went down from the area between the signal lines, which indicates pressure from sellers of “Black Gold” and a potential continuation of the fall in the value of the asset already from the current levels. At the moment, we should expect an attempt to develop a rise and test the resistance level near the area of $ 68.45 per…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the rise and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2751. Moving averages indicate a short-term bearish trend for the pair. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the price pair in the near future. At the moment, we should expect an attempt to develop a decline and test the support level near the…
GOLD continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1789 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices are again testing the areas between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the decline from the current levels. At the moment, we should expect an attempt to develop a rise and test the resistance level near the area of 1810. Where can we expect a rebound and the continuation of the…
Silver continue to move within the fall and the downtrend channel. At the time of this forecast, Silver prices are at 23.35. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall in value from the current levels. At the moment, we should expect an attempt to develop a rise in the value of the metal and a test of the resistance level near the 23.65 area. Where can we expect a rebound and the continuation of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from the current levels. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6829. At the moment, we should…
Currency pair Dollar Franc USD/CHF continues to move within the framework of strong growth and the formation of the downward ”Wolfe Wave” pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9174. Moving averages indicate a short-term bullish trend for the pair. Prices broke through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to develop a rise in the US Dollar rate…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the rise and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.14. Moving averages indicate a short-term bullish trend. Prices have broken the area between the signal lines upward, which indicates pressure from buyers of the US currency and a potential continuation of the rise in the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for August 20, 2021, we should expect an attempt to develop…