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 bearish 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 0.6339. At the moment, we should expect an attempt to rise and test the resistance area near the level of 0.6455. Further, the rebound and the continued fall of quotations in the area below 0.5745. AUD/USD Forecast Australian Dollar…
Author: forex24pro
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 inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.99. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices have pierced 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 14, 2020, we should expect an attempt…
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 $ 31.56 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 downward correction and a test of the support level near the area of $ 28.75 per barrel. Further, the continued growth of the oil rate in the region above…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall 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 1.3964. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3775. Further, the rebound and continued growth of the currency pair on Forex. The potential target of this movement of the instrument is the area above the level 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 1689 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1650. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1775. XAU/USD Forecast and GOLD analysis…
Silver continue to move as part of the growth and formation of the «Wedge» model. At the time of the publication of the forecast, the price of Silver is 15.17 Dollars. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from asset sellers and a potential drop already from current levels. At the moment, we should expect an attempt to develop a rise in the value of the metal and a test of the resistance level near the area of 15.45. Where can we expect a rebound and the continuation of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. 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. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6064. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6105. Further, within the framework…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9666. Moving averages indicate a short-term bearish trend for the pair. Prices pierced the area between the signal lines down, indicating pressure from the seller of the American currency and the potential continuation of the fall of the pair. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline 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 73.73. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines, indicating pressure from sellers of American currency. As part of the forecast for the Dollar on April 14, 2020, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 75.55 Rubles per US Dollar.…
BTC/USD are trading at 6715 and continue to move as part of the correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $124 664 075 564. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices pushed from the area between the lines, indicating pressure from the sellers of Digital Gold and a potential continuation of the fall in the near future. As part of the cryptocurrency rate forecast for tomorrow, April 14, 2020, one should expect an attempt to correct the value of the digital asset and test the resistance level…