Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2990. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to depreciate the British Pound and test the support area near the level of 1.2905. Where again we should expect a rebound and continued growth of quotations of the British Pound currency pair against the US Dollar. The target of the upward movement of the currency pair, in the framework…
Author: forex24pro
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the «Wolfe Wave» bearish pattern. Moving averages indicate a short-term bullish trend. Prices were able to push 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 0.6933. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6945. Further, the rebound and the beginning of the fall of quotations in 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 «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.59. Moving averages indicate a short-term bullish trend for the pair. As part of the Japanese Yen rate forecast for December 27, 2019, we should expect an attempt to fall and test the support area near the level of 109.35. Further, the rebound and continued growth of the USD/JPY pair to the area…
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 $ 65.89 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 region of 64.05 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 71.05. Brent Crude Oil Forecast and…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the decline and the beginning of the development of the reversal model of the inverted «Head and Shoulders». At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3156. 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 1.3100. Further, the rebound and continued growth of the currency pair. The potential target…
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 1508 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 1490. 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 27, 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 $ 17.97. Moving averages indicate a lateral trend that is nearing completion. However, prices were able to break through the area between the signal lines up. 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 17.40. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 19.55.…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the rising channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again pushing from the area between the signal lines, which indicates 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 0.6657. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6625. Further, within the framework…
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 0.9803. 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 dollar against the Franc and test the resistance area near the level of 0.9815. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9685. USD/CHF Forecast Dollar…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 62.14. Moving averages indicate a short-term bearish trend. Prices are again pushing from the area between the signal lines, indicating pressure from sellers of American currency. As part of the USD/RUB forecast for tomorrow, December 27, 2019, we should expect an attempt to grow and test the resistance level near the area of 62.95 Rubles per US Dollar. Then, a rebound…