Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 107.27. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are testing 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 16, 2020, we should expect an…
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.
Brent continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 39.39 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices pierced the area between the signal lines up, which indicates pressure from buyers of “Black Gold”. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of $ 37.25 per barrel. Further, the continued growth of the oil rate in the region above the level of…
Currency pair US Dollar to Canadian Dollar USD/CAD 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 Canadian Dollar is 1.3589. Moving averages indicate the presence of 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 fall and test the support level near the area of 1.3465. Further,…
GOLD continue to move as part of the fall and the formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the price of Gold is 1732 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines down, indicating pressure from asset sellers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1695. Where can we expect a rebound and continued growth in the price of GOLD with a target above the…
Silver continue to move as part of a strong fall and an upward channel. At the time of the publication of the forecast, the price of Silver is 17.27 Dollars. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, 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 17.55. Where can we…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction. 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. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6449. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6505. Further, within the framework of the forecast and Forex…
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 rate of the US Dollar to the Swiss Franc is 0.9485. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices pushed from the area between the signal lines, 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 0.9565. Then, a rebound…
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 69.82. 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 16, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 71.35 Rubles per US Dollar.…
BTC/USD are trading at 9352 and continue to move as part of the growth and formation of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $173 396 430 290. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the buyers of Digital Gold and the potential continuation of the rise in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, June 16, 2020, one should expect an attempt to develop a correction…
ETH/USD are trading at 226.91 and continue to move as part of the correction and the upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $25 803 452 145. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices are testing the area between the signal lines, which indicates pressure from buyers and potential continued growth. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 205.05. Where again we should expect a rebound…