Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2965. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to correct the British Pound and test the resistance area near the level of 1.2995. Where again we should expect a rebound and a continued fall in the quotes of the British Pound currency pair against the US Dollar. The purpose of the downward…
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 the bullish correction and the bearish channel. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential drop from current levels. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6738. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6755. Further, the rebound and the beginning of the…
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 110.02. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers. As part of the forecast for the Japanese Yen on February 13, 2020, we should expect an attempt to increase slightly and…
Brent continue to move in the framework of growth and the bearish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 55.92 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are testing the area between the signal lines, indicating pressure from black gold sellers. At the moment, we should expect an attempt to develop a decline and a test of the support level near the area of 53.45 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 63.85.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3256. Moving averages indicate the presence of a short-term bullish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3300. Further, the rebound and continued fall of the currency pair on FOREX. The potential target of this movement of the instrument is the area below…
GOLD continue to move as part of the correction and the upward channel. The «Triangle» pattern is also formed here. At the time of the publication of the forecast, the price of GOLD is 1565 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 and a likely rebound. At the moment, we should expect an attempt to reduce and test the support level near the area of 1545. Where can we expect a rebound and continued growth in the price of GOLD with a…
Silver continue to move as part of the decline and the formation of the «Wedge» model. At the time of the publication of the forecast, the price of Silver is 17.49 Dollars. Moving averages indicate a bullish trend. Prices pierced the area between the signal lines down, indicating pressure from asset sellers. At the moment, we should expect an attempt to develop a slight decrease in the cost of metal and a test of the support level near the area of 17.25. Where can we expect a rebound and continued growth in Silver prices with a target above the level…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the bearish channel. Moving averages indicate a short-term bearish trend for the pair. 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 Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6467. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6425. Further, within the framework of…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the bearish channel. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9766. Moving averages indicate a short-term bearish trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the American currency. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9805. Then, a rebound and continued depreciation of the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.09. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow February 13, 2020, we should expect an attempt to fall and test the support level near the area of 62.85 Rubles per US Dollar. Then, a rebound and…