Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the beginning of the development of the bullish «Wolfe Wave» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.23. Moving averages indicate a short-term bearish trend for the pair. Prices push away from the area between the signal lines, indicating pressure from sellers of the US Dollar and the potential continuation of the fall in prices. As part of the Japanese Yen rate forecast for June…
Author: forex24pro
Brent continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 40.41 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 the buyers of Black Gold and the potential continuation of the growth in the value of the asset. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 37.95 dollars per barrel.…
Currency pair US Dollar to Canadian Dollar USD/CAD 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 Canadian Dollar is 1.3629. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from sellers and a continued fall in prices in the near future. At the moment, we should expect an attempt to correct and test the resistance level near the area of 1.3675. Further,…
GOLD continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of GOLD is 1763 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from asset buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1745. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1825. XAU/USD Forecast and…
Silver continue to move as part of the correction and the formation of the reversal model of the inverted «Head and Shoulders». At the time of the publication of the forecast, the price of Silver is 17.64 Dollars. Moving averages indicate a bullish trend. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the asset and the potential continuation of the growth in the value of the asset. At the moment, we should expect an attempt to develop a fall in the value of the metal and a test of the support level…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the bullish channel. Moving averages indicate the presence of 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. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6424. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6315. Further, within…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9492. Moving averages indicate a short-term bearish trend for the pair. Prices pushed from the area between the signal lines down, indicating pressure from sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9515. Then, a rebound and continued…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 69.22. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers of American currency. As part of the forecast for the Dollar on June 26, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 69.55 Rubles per US Dollar.…
BTC/USD are trading at 9219 and continue to move as part of the fall. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $170 121 705 971. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have pierced the area between the lines down, indicating pressure from the sellers of Digital Gold and the potential continuation of the fall in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, June 26, 2020, we should expect an attempt to develop a correction in the value of the digital…
ETH/USD are trading at 231.62 and continue to move as part of the fall and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $26 125 010 752. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices pierced the area between the signal lines down, indicating pressure from the sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 235.05. Where again we should expect a rebound…