Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and formation of the reversal model «Wedge». Moving averages indicate a short-term bullish trend for the pair. Prices went far up from the area between the signal lines, which indicates pressure from buyers of the European currency and the potential continued growth of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1396. As part of the Forex forecast for July 15, 2020, we should expect an attempt to continue growth and test the resistance level near the 1.1415 area. Further,…
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 Pound/Dollar GBP/USD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2557. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and the potential continuation of the fall of the asset. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and formation of the «Triangle» model. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines up, which indicates pressure from buyers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6970. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6990. 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 correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.19. Moving averages indicate 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 forecast for the Japanese Yen on July 15, 2020, we should expect an attempt to…
Brent continue to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 42.81 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 correct and test the support level near the area of 41.75 dollars per barrel. Further, the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the downward model «Wolfe Wave». At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3617. Moving averages indicate a short-term bullish trend for the pair. Prices have gone up from the area between the signal lines, which indicates pressure from buyers and continued growth in prices in the near future. At the moment, we should expect an attempt to develop a bullish correction and a test of the…
GOLD continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of GOLD is 1809 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 and potentially continued growth. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1795. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1875.…
Silver continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Silver is 19.15 Dollars. Moving averages indicate a bullish trend. Prices pushed from the area between the signal lines, indicating pressure from 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 correction in the value of the metal and a test of the support level near the 18.55 area. Where can we expect a rebound and continued…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the rising 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 the 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 0.6529. At the moment, we should expect an attempt to grow and test the resistance level…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the beginning of the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9387. Moving averages indicate a short-term bearish trend for the pair. Prices have gone down from the area between the signal lines, which indicates pressure from sellers and the potential continuation of the fall. At the moment, we should expect an attempt to depreciate the US Dollar against the Swiss Franc and test…