Stock index Dow Jones continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the index is trading at 23303. Moving averages indicate the presence of a bullish trend in the index. At the moment, we should expect an attempt to develop a correction of quotes and a test of the support level near the area of 22305. Further, a rebound and continued growth of quotations of the Dow Jones stock index is expected to go above 26255. Dow Jones Index Forecast and Analysis April 14, 2020 In favor of…
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.
Stock index S&P 500 continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the index is trading at 2742.6. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 2615.0. Where can we expect a rebound and continued growth of S&P 500 quotes in the area above the level of 2985.0. S&P 500 Forecast and Analysis April 14, 2020 In favor of the growth of stock market quotes, a test of the support line on…
Stock index DAX 30 continue to move in the framework of growth and the upward channel. At the time of the publication of the forecast, the exchange rate is 10648.0. Moving averages indicate a bullish trend. As part of the forecast for the exchange rate of the DAX 30 index for April 14, 2020, we should expect an attempt to correct and test the support level near the area of 10025.0. Where can we expect a rebound and continued growth of DAX 30 quotes in the area above the level of 12375.0. DAX 30 Index Forecast and Analysis April 14,…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0932. The pair continues to move as part of the decline. Moving averages indicate a downward trend in the pair. Prices pushed from the area between the signal lines, indicating pressure from sellers of European currency. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 1.1135. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the rise is the area below the level of 1.0255. EUR/USD…
BRENT complete the trading week near the area of $31.73 per barrel. And it continues to move as part of the correction and the formation of a reversal model. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines, indicating strong pressure from sellers of raw materials. At the moment, we should expect an attempt to develop a fall and test the support area near the level of 21.55. Then, a rebound and continued growth of oil in the region above the level of 52.05 dollars per barrel. BRENT crude oil Forecast and Analysis April…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2473. The pair continues to move as part of a strong bullish correction. Moving averages indicate a bearish trend. Prices have gone far down from the area between the signal lines down, indicating pressure from sellers. At this, we should expect an attempt to continue the development of the upward correction and test the resistance area near the level of 1.2755. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1205. GBP/USD Forecast and Analysis April…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 73.73 Rubles per US Dollar. The pair continues to move as part of the correction and the upward channel. Moving averages indicate a bullish trend. Prices have gone far from the area between the signal lines, which indicates pressure from buyers of the US Dollar. In the current trading week April 13 — 17, 2020 we should expect an attempt to develop growth and test the resistance area near the level of 78.55. Where can we expect a rebound and the continuation of the…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6345. The pair continues to move as part of the correction. Moving averages indicate a bearish trend. Prices are preparing for a test of the area between the signal lines, which indicates pressure from sellers and a potential drop already from current levels. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.6425. Then, a rebound and continued fall of AUD/USD with a potential target below the level of 0.5435. AUD/USD Forecast and…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3960. The pair continues to move as part of the correction and the upward channel. Moving averages indicate a bullish trend. Prices have gone far up from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to develop correction and test the support level near the area of 1.3675. Then, continued growth of quotations with a target above the level of 1.4895. USD/CAD Forecast and Analysis April 13 — 17, 2020 In favor of the…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.39. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices returned below the area between the signal lines, indicating pressure from sellers of the US Dollar. At the moment, we should expect an attempt to develop a correction and test the resistance level near the area of 109.55. Then, the rebound and the continuation of the fall of the pair in the area below the level of 102.15. USD/JPY Forecast and Analysis…