Currency pair Pound/Dollar GBP/USD 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 pound to the US Dollar at Forex is 1.2483. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines down, which indicates pressure from the sellers of the currency pair. At the moment, we should expect an attempt to develop the growth of the British Pound against the US Dollar and a test of the resistance area near the level of 1.2575. Where again we should…
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 Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation of the «Triangle» model. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines down, which indicates pressure from the sellers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6868. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6925. Further, the rebound and continued fall of quotations to the area below the level…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the formation of the bullish «Wolfe Wave» pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.04. Moving averages indicate a short-term bearish trend for the pair. Prices push 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 forecast for the Japanese Yen on June 19, 2020, we…
Brent continue to move within the framework of growth and the ascending channel, here the «Triangle» models are also formed. At the time of the publication of the forecast, the price of Brent crude oil is $ 41.02 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices pushed from 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…
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 1.3551. Moving averages indicate the presence of a short-term lateral 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 reduce and test the support level near the area…
GOLD continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the price of GOLD is 1727 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from the buyer of the asset. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1700. Where can we expect a rebound and continued growth in the price of GOLD with…
Silver continue to move as part of a bullish correction after a strong fall. At the time of the publication of the forecast, the price of Silver is $ 17.55. Moving averages indicate a bearish 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 growth in the value of the metal and a test of the resistance level near the area of 17.70. Where can we…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the Triangle model. 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 0.6443. At the moment, we should expect an attempt to grow and test the resistance level near the area of…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Triangle» model. 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, indicating pressure from sellers and a potential continuation of the fall. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9475. Then, a rebound and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 69.26. Moving averages indicate the presence of a short-term lateral trend. Prices pierced the area between the signal lines down, which indicates pressure from sellers of American currency. As part of the forecast for the Dollar on June 19, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 69.65 Rubles…