Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the strong growth and the formation of the «Wolfe Wave» bearish pattern. Moving averages indicate a short-term bullish trend. Prices are far from the area between the signal lines, which indicates pressure from buyers. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6994. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7020. Further, the rebound and the beginning of the fall of quotations in the area…
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.
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 «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.18. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast of the Japanese Yen rate on December 31, 2019, we should expect an attempt to grow and test the resistance area near the level of 109.60. Further, the rebound and continued fall of the pair USD/JPY to…
Brent continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 67.30 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices continue to push from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 64.55 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 72.65. Brent Crude Oil Forecast and…
Currency pair US Dollar to Canadian Dollar USD/CAD 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 Canadian Dollar is 1.3061. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3125. Further, the rebound and continued fall 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 1511 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 1485. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1560. XAU/USD Forecast and GOLD analysis December 31, 2019 An additional signal in favor of the growth of XAU/USD quotes will…
Silver continue to move as part of the growth. At the time of the publication of the forecast, the price of Silver is 17.83 Dollars. Moving averages indicate the presence of whose tendency. Prices range far from the area between the signal lines. At the moment, we should expect an attempt to develop a decrease in the cost of metal and a test of the support level near the area of 17.55. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 19.05. XAG/USD Forecast Silver and Analysis December…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the bullish channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices continue to push from the area between the signal lines, indicating pressure from buyers. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6723. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6995. Further, within the framework of…
Currency pair Dollar Franc USD/CHF continues to move as part of the decline 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 0.9803. 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 US Dollar against the Swiss Franc and test the resistance area near the level of 0.9760. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9660. USD/CHF…
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 61.86. Moving averages indicate a short-term bearish trend. Prices continue to remain below the area between the signal lines, indicating pressure from sellers of American currency. As part of the USD/RUB forecast for tomorrow, December 31, 2019, we should expect an attempt to grow and test the resistance level near the area of 62.90 Rubles per US Dollar. Then, a rebound…
BTC/USD are trading at 7311 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $133 594 896 576. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the signal lines, indicating a potential rebound down from current levels and pressure from sellers. As part of the cryptocurrency rate forecast for tomorrow, December 31, 2019, we should expect an attempt to drop the value of the digital asset and test the support…