Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are again repelled from the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the fall in quotations from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1767. As part of the Forex forecast for July 23, 2021, we should expect an attempt to develop a slight bullish correction and a test of…
Author: forex24pro
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.
Currency pair Pound/Dollar GBP/USD continues to move as part of a bullish correction and a downward channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3744. Moving averages indicate a short-term bearish trend. Prices broke down 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 at a bullish correction of the British Pound against the US Dollar and a test of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the downward channel. 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 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 forecast, the rate of the Australian Dollar to the US Dollar is 0.7358. 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 fall and the formation of an inverted Head and Shoulders pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 110.07. Moving averages indicate a short-term bullish trend for the pair. The prices have broken the area between the signal lines upwards, which indicates the pressure from the buyers of the US Dollar and the potential continuation of the rise in prices already from the current levels. As part of the…
Brent continue to move within the bullish correction and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 72.55 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise 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 $ 73.15 per…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2547. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing 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 fall and a test of the support level…
GOLD continue to move as part of the correction and the beginning of the “Wedge” model. At the time of the publication of the forecast, the price of GOLD is 1800 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall 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…
Silver continue to move as part of the fall and downtrend. At the time of publication of the forecast, Silver prices are at 25.15. Moving averages indicate a bearish trend. Prices broke through the area between the signal lines downward, 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 correction in the value of the metal and a test of the support level near the 25.45 area. Where can we expect a rebound and continued decline…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, 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 0.6950. At the moment, we should expect…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the bullish “Wolfe Wave” pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9158. Moving averages indicate a short-term bullish 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 asset’s value growth from the current levels. At the moment, we should expect an attempt to develop a depreciation of the US Dollar against the…