Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and the ascending channel. Moving averages indicate a short-term bullish trend. Prices pushed up from the area between the signal lines, which indicates pressure from buyers of the currency pair. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7145. At the moment, we should expect an attempt to develop a fall and a test of the support area near the level of 0.7065. Further, a rebound and continued growth of quotations to…
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 107.18. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from US Dollar sellers and a potential continuation of the price decline. As part of the forecast for the Japanese Yen rate for July 23, 2020, we should expect an attempt to develop growth and test…
Brent continue to move as part of the growth and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 43.23 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of “Black Gold” and a potential continuation of the asset’s price growth. At the moment, we should expect an attempt at correction and a test of the support level near the area of $ 43.85 per…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3403. Moving averages indicate a short-term bearish trend for the pair. Prices broke down 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 a bullish correction and a test of the resistance level near the 1.3460…
GOLD continue to move within the growth and ascending channel. At the time of the publication of the forecast, the price of GOLD is 1869 Dollars per Troy Oz. 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 asset and potential continued growth. At the moment, we should expect an attempt to develop a correction and test the support level near the 1850 area. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of…
Silver continue to move within the framework of a steady growth and an upward channel. At the time of the publication of the forecast, Silver prices are $ 22.74. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines, 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 a correction in the value of the metal and a test of the support level near the 22.15 area. Where can we expect a rebound and continued growth…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of a strong growth and an upward channel. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of growth 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 0.6666. At the moment, we should expect an attempt to fall and a test of…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the downward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9292. 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 buyers and a potential continuation of the fall in the value of the asset. At the moment, we should expect an attempt to raise the US Dollar against the Swiss Franc and test the resistance area…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Double Top» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 70.65. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the American currency and potential continued growth. As part of the dollar exchange rate forecast for July 23, 2020, we should expect an attempt to develop growth and test the resistance level near…
BTC/USD are trading at 9343 and continue to move as part of the growth and the ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $172 585 806 613. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continued growth in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, July 22, 2020, we should expect an attempt to develop a downward correction in the value of a digital asset…