Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and upward channel. Moving averages indicate a short-term bullish trend. Prices have gone far 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 Australian Dollar to US Dollar rate is 0.6928. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6755. Further, the rebound and continued growth of quotations to the area above 0.7065. AUD/USD Forecast…
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 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 108.94. Moving averages indicate a short-term bullish trend for the pair. Prices left the region with signal lines up, which indicates pressure from buyers of the US Dollar and a potential continuation of the rise in prices. As part of the forecast for the Japanese Yen on June 4, 2020, we should expect an attempt to…
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 $ 39.90 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices push from the area between the signal lines, which indicates pressure from the 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 37.15 dollars per barrel. Further, the continued growth of the oil rate in the region above the level…
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 exchange rate of the US Dollar to the Canadian Dollar is 1.3486. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have gone far down from 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 grow and test the resistance level near the area…
GOLD continue to move as part of a strong downward correction and. At the time of the publication of the forecast, the price of Gold is 1697 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 buyers of the asset. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1690. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1795.…
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 17.69 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 downward correction of the metal value and a test of the support level near the area of 05.17. Where can we expect a rebound…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the rising channel. Moving averages indicate a short-term bullish trend for the pair. Prices have gone far 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 Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6429. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6305. Further, within…
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 0.9619. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices push away from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9665. Then, a rebound and continued depreciation of the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall 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 68.48. Moving averages indicate a short-term bearish trend. Prices have gone down from the area between the signal lines, indicating pressure from sellers of American currency. As part of the forecast for the Dollar on June 4, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 69.85 Rubles per US…
BTC/USD are trading at 9609 and continue to move as part of the growth and upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $177 010 049 275. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices are testing the areas 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 4, 2020, we should expect an attempt to develop a correction in the value…