Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and downward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2609. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to continue the development of the growth of the British Pound and test the resistance area near the level of 1.2685. Where again we should expect a rebound and a continued fall in the quotes 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.
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth and a bullish 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 0.6415. At the moment, we should expect an attempt to rise and test the resistance area near the level of 0.6465. Further, the rebound and continued fall of quotations in the area below 0.5765. AUD/USD Forecast Australian Dollar…
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 107.07. 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 Japanese Yen rate forecast for April 15, 2020, we should expect an attempt to…
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 $ 29.93 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 $ 28.15 per barrel. Further, the continued growth of the oil…
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 1.3904. 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 1.3745. 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 1734 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 1690. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1805. XAU/USD Forecast and GOLD analysis…
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 15.75 Dollars. Moving averages indicate a bullish 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 decrease in the cost of the metal and a test of the support level near the area of 14.65. Where can we expect a rebound and continued growth in Silver prices with…
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 0.6076. 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 0.9607. 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 73.03. 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 15, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 75.65 Rubles per US Dollar. Then, a…