Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2448. 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. 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 1.2285. Where again we should expect a rebound and…
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 Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation of the «Triangle» model. Moving averages indicate a short-term bullish trend. It is worth considering that prices are walking through moving prices, this may indicate a weakness in the current 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 0.6937. At the moment, we should expect an attempt to reduce and test the support area near…
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 107.41. 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 US Dollar and the potential continuation of price increases. As part of the Japanese Yen rate forecast for July 2, 2020, we should expect an attempt to develop a…
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 $ 41.62 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 39.10 dollars per barrel.…
Currency pair US Dollar to Canadian Dollar USD/CAD 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 forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3561. 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…
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 1766 Dollars per Troy Oz. The bulls were again able to update the local maximum, but prices quickly turned down. 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 1755. Where can we expect a rebound and…
Silver continue to move as part of a strong correction after growth. As you can see, it is rather difficult for buyers to stay on the local maximums of the asset. At the time of the publication of the forecast, the price of Silver is 17.94 Dollars. Moving averages indicate a bullish trend. Prices are again 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 correction in the value…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the upward channel. The «Triangle» model is also being formed, this indicates a decrease in volatility and a quick breakdown of the model and a strong movement towards the breakdown. Moving averages indicate a short-term bullish trend for the pair. Prices were able to push 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…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. Here we observe the formation of the «Triangle» model; in most cases, this pattern breaks into the trend direction. 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…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the bullish correction and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 70.60. Moving averages indicate the presence of a short-term lateral trend. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the American currency. As part of the forecast for the Dollar on July 2, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of…