Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the «Triangle» model, the uncertainty remains. 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 European currency and the potential continuation of the growth of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1236. As part of the Forex forecast for July 1, 2020, we should expect an attempt to develop a fall and test the…
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 growth and upward channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2374. 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 a depreciation of the British Pound against the US Dollar and a test of the support area near the level of 1.2265. Where again we should expect a rebound and…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the bullish channel. Moving averages indicate a short-term bullish trend. 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 forecast, the Australian Dollar to US Dollar rate is 0.6890. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6735. Further, the rebound and continued growth of quotations to the area above the level of 0.7285. AUD/USD…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.45. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pierced the area between the signal lines up, indicating pressure from buyers of the US Dollar and the potential continuation of price increases. As part of the forecast for the Japanese Yen on July 1, 2020, we should expect an attempt…
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 41.20 $ 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 40.25 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 «Wedge» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3605. Moving averages indicate a short-term bearish trend for the pair. Prices are pushing 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 develop a bullish correction and a test of the resistance…
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 1780 Dollars per Troy Oz. The bulls were again able to update the local maximum. 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 1760. Where can we expect a rebound and continued growth in the price of Gold with a…
Silver continue to move as part of strong growth and the start of development of the «Triangle» model. At the time of the publication of the forecast, the price of Silver is 18.14 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 the correction of the metal value and a test of the support level near the area of 17.85, which…
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 0.6441. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6385. 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 0.9468. Moving averages indicate a short-term bearish trend for the pair. Prices pushed from 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 dollar against the Franc and test the resistance area near the level of 0.9505. Then, a rebound and…