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 pierced the area between the signal lines up, 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 0.6941. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6875. Further, the rebound and continued growth of quotations to the area above the level of 0.7365. 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 a strong fall and the formation of the bullish «Wolfe Wave» pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 106.43. Moving averages indicate a short-term bearish trend for the pair. Prices push away from the area between the signal lines, indicating pressure from sellers of the US Dollar and the potential continuation of the fall in prices. As part of the forecast for the Japanese Yen on June 24,…
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 $ 42.73 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 test the support level near the area of 41.95 dollars per barrel. Further, the continued…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the development of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3522. 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 correct and test the resistance level near the area of 1.3565. Further,…
GOLD continue to move as part of the growth and bullish channel. At the time of the publication of the forecast, the price of GOLD is 1765 Dollars per Troy Oz. 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 1745. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1825. XAU/USD Forecast and GOLD…
Silver continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the price of Silver is $ 17.92. 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 a fall in the value of the metal and a test of the support level near the area…
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 the presence of a short-term bullish trend for the pair. 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 FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6501. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6365. Further, within the…
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 0.9450. 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 0.9480. Then, a rebound and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction 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 68.74. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines down, which indicates pressure from sellers of American currency. As part of the forecast for the Dollar on June 24, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 69.45 Rubles per US Dollar.…
BTC/USD are trading at 9642 and continue to move as part of the growth and downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $177 479 020 277. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices have pierced the area between the uplines, which indicates pressure from the buyers of Digital Gold and the potential continuation of the growth in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, June 24, 2020, we should expect an attempt to develop a correction in the value…