Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Triangle» model, in case of a breakdown of the support level and fixing prices below 1.2935, we should expect an aggressive fall in the currency pair and the beginning of the development of this model. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3051. Moving averages indicate a short-term bullish trend. Prices bounced off the area between the signal lines, which indicates pressure from buyers of the currency pair and…
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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 Australian Dollar to US Dollar AUD/USD continues to move as part of the correction. The «Head and Shoulders» reversal pattern is also formed here. Moving averages indicate a short-term bullish trend. Prices are bouncing off the area between the signal lines, which indicates pressure from buyers of the currency pair and potential continued growth. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7209. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.7225. Further, the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 106.94. Moving averages indicate a short-term bearish trend for the pair. Prices went down the area between the signal lines, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices. As part of the forecast for the Japanese Yen rate for August…
Brent continue to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 44.98 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from buyers of «Black Gold» and a potential continued growth in the value of the asset. At the moment, we should expect an attempt to reduce and test the support level near the area of $ 44.55 per barrel. Further, the continued growth…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of a decline and a downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3200. Moving averages indicate a short-term bearish trend for the pair. Prices bounced off the area between the signal lines, which indicates pressure from sellers and a potential continuation of the price decline in the near future. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1.3295 area. Further, a rebound…
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 1985 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices have broken the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continued growth. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1995 area. Where can we expect a rebound and the continued fall in the price of GOLD with a target below the…
Silver continue to move within the correction and the downward channel. At the time of the publication of the forecast, Silver prices are $ 27.35. Moving averages indicate a bullish trend. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers of the asset and a potential continuation of the asset’s value growth. At the moment, we should expect an attempt to develop the growth in the value of the metal and test the resistance level near the area of 27.75. Where can we expect a rebound and the continuation of the fall in the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of a correction and a bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices bounced off 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 near future. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6543. At the moment, we should expect an attempt to grow and test the…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9059. Moving averages indicate a short-term bearish trend for the pair. Prices moved down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset. At the moment, we should expect an attempt to develop a depreciation of the US Dollar against the Swiss…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.36. Moving averages indicate a short-term bullish trend. Prices moved up from the area between the signal lines, which indicates pressure from buyers of the American currency and a potential continued growth. As part of the dollar exchange rate forecast for August 18, 2020, we should expect an attempt to develop a decline and test the support level…