Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the beginning of the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates a probable upward rebound directly from current levels. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1114. As part of the Forex forecast, we should expect an attempt to continue growth and test the resistance level near the area of 1.1180. Further, the rebound and continued fall of the…
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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 Pound/Dollar GBP/USD continues 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 pound to the US Dollar at FOREX is 1.2977. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to increase the British Pound and a test of the resistance area near the level of 1.3135. Where again we should expect a rebound and a continued fall in quotations of the British Pound currency pair against the US Dollar. The purpose of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a short-term bullish 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 0.6897. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6945. Further, the rebound and the beginning of the fall of quotations…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.83. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast for the Japanese yen on January 15, 2020, we should expect an attempt to fall and test the support area near the level of 109.55. Further, the rebound and continued growth of the USD/JPY pair to the area above the level of 112.65. USD/JPY…
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 64.80 dollars per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to continue the decline and test the support level near the area of 63.45 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 70.75. Brent Crude Oil…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction 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 1.3069. Moving averages indicate the presence of 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 1.3005. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex quotes is the…
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 1542 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to fall and test the support level near the area of 1525. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1615. XAU/USD Forecast and GOLD analysis January 15, 2020 An additional signal in favor of the growth of XAU/USD quotes will…
Silver continue to move as part of the decline. At the time of the publication of the forecast, the price of Silver is $ 17.73. Moving averages indicate an uptrend. Prices are again 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 develop a decrease in the cost of the metal and a test of the support level near the 17.35 area. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 19.05.…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines down, which indicates pressure from buyers and a potential rebound. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6635. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6675. Further, within the framework of the FOREX forecast…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9684. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9755. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9535. USD/CHF Forecast Dollar…