Currency pair Euro/Dollar EUR/USD continues to move as part of the decline 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 European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0895. As part of the Forex forecast for May 26, 2020, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0975. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential…
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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 Pound/Dollar GBP/USD continues to move as part of a strong upward correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2192. 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 in quotes already from current levels. At the moment, we should expect an attempt to develop a correction of the British Pound against the US Dollar and…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the upward 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 0.6545. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6475. Further, the rebound and continued growth of quotations to the area above 0.6755. AUD/USD Forecast Australian Dollar…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of growth and an upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.68. Moving averages indicate a short-term bullish trend for the pair. Prices pushed from the area between the signal lines, indicating pressure from buyers of the US Dollar and the potential continuation of the rise in prices. As part of the forecast for the Japanese Yen on May 26, 2020, we should expect an attempt to develop…
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 $ 35.73 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are testing the area between the signal lines, indicating pressure from Black Gold buyers. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 33.85 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 41.25. Brent…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3986. Moving averages indicate the presence of 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 grow and test the resistance level near the area of 1.4065. Further,…
GOLD continue to move as part of the correction and the formation of the «Wedge» model. At the time of the publication of the forecast, the price of GOLD is 1727 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 1710. Where can we expect a rebound and continued growth in the price of GOLD with a target above…
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 17.09 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 16.55. 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 correction and the formation of the inverted «Head and Shoulders» model. 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 0.6097. At the moment, we should expect an attempt to fall and test the support level near the area of…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and 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 0.9710. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which will indicate pressure from buyers. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9655. Then, a rebound and continued appreciation…