Stock index S&P 500 continue to move as part of the growth and formation of the head and shoulders reversal pattern. At the time of the publication of the forecast, the index is trading at 3167. At the moment, we should expect an attempt to continue the development of the correction and test the resistance level near the area of 3185. Where can we expect a rebound and the continuation of the fall of S&P 500 quotes to the area below the level of 3015. S&P 500 Forecast and Analysis July 15, 2020 A test of the resistance line on…
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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 Euro/Dollar EUR/USD continues to move as part of the growth and upward channel. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing 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 1.1365. As part of the Forex forecast for July 14, 2020, we should expect an attempt to develop a fall and test the support level near the 1.1295 area. Further, the rebound and continued…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and formation of a large «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2615. Moving averages indicate a short-term bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers 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 resistance area near the level of 1.2685.…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6979. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6995. Further, the rebound and continued fall of quotations in the area below the…
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 price of Brent crude oil is $ 43.20 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 correct and test the support level near the…
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 $ 43.20 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 correct and test the support level near the area of 41.65 dollars per barrel. Further, the continued growth…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3567. Moving averages indicate 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 develop a correction and a test of the support level near the area of 1.3505.…
GOLD continue to move as part of the growth and formation of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1799 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 1795. 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 the growth and upward channel. At the time of the publication of the forecast, the price of Silver is 19.20 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 area of 18.85. Where can we expect a rebound and…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of growth and an upward channel. Here the «Head and Shoulders» reversal pattern is formed. 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 of the currency pair and the potential continuation of growth. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6577. At the moment, we should expect an attempt to…