Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and the downward channel. Moving averages indicate the presence of a short-term lateral trend. Prices pierced the area between the signal lines up, which indicates pressure from the sellers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6455. At the moment, we should expect an attempt to rise and test the resistance area near the level of 0.6485. Further, the rebound and continued fall of quotations to the area below 0.5725.…
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 the correction and the 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 Japanese Yen is 107.08. Moving averages indicate a short-term bearish trend for the pair. Prices pushed from the area between the signal lines down, indicating pressure from sellers of the US Dollar. As part of the forecast for the Japanese Yen on April 28, 2020, we should expect an attempt to develop a…
Brent continue to move as part of the correction and the formation of the bullish «Wolfe Wave» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 23.28 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from the sellers of Black Gold. At the moment, we should expect an attempt to develop a fall and test the support level near the area of 16.55 dollars per barrel. Further, the continued growth of the oil rate in the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and formation. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.4134. Moving averages indicate the presence of a short-term bullish trend for the pair. However, prices broke through the area between the signal lines down. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3915. Further, the rebound and continued growth of the currency pair on Forex. The potential target of…
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 1720 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 buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1715. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1815. XAU/USD Forecast and GOLD…
Silver continue to move as part of the growth and bullish channel. At the time of the publication of the forecast, the price of Silver is 15.22 Dollars. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, which indicates the pressure on the part of the buyers of the asset and the potential continuation of the rise already from current levels. 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 14.85. Where can we…
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 «Head and Shoulders» reversal pattern. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential drop already from current levels. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6056. At the moment, we should expect an attempt to grow…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and upward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9749. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices start from the area between the signal lines. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9685. Then, a rebound and continued appreciation of the US Dollar against the Swiss Franc with…
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 74.14. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines down, which indicates pressure from sellers of the American currency and continued depreciation. As part of the forecast for the Dollar on April 28, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 76.20…
BTC/USD are trading at 7683 and continue to move as part of strong growth and the formation of the «Wolfe Wave» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $141 975 236 484. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices have pierced the area between the lines up, which indicates pressure from the buyers of Digital Gold. As part of the cryptocurrency rate forecast for tomorrow, April 28, 2020, we should expect an attempt to increase the value of the digital asset and test the resistance level near…