Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the bullish channel. Moving averages indicate a short-term bullish trend for the pair. Prices again push off from the area between the signal lines, which indicates pressure from buyers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1092. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1085. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target of this movement is the area above the level of…
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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 decline and the rising channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2944. 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 1.2885. 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 bullish movement of the currency pair, in the framework…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and formation of the «Wolfe Wave» downward 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 0.6917. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6935. Further, the rebound and the beginning of the fall of quotations in the area…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.33. Moving averages indicate a short-term bullish trend for the pair. As part of the Japanese Yen rate forecast for December 24, 2019, we should expect an attempt to fall and test the support area near the level of 108.75. Further, the rebound and continued growth of the pair USD/JPY to the area above the level…
Brent continue to move as part of the growth and bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 65.01 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 63.35 dollars per barrel. Further, the continued growth of oil to the region above the level of 70.55. Brent Crude Oil Forecast and analysis December…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and 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 1.3163. 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 1.3110. Further, the rebound and continued growth of the currency pair. The potential target of such an…
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 1484 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend that is nearing completion. As you can see, prices broke through the area between the signal lines up. At the moment, we should expect an attempt to fall and test the support level near the area of 1475. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1535. XAU/USD Forecast…
Silver continue to move as part of the growth. At the time of the publication of the forecast, the price of Silver is 17.39 Dollars. Moving averages indicate a bearish trend. 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 16.95. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 18.45. XAG/USD Forecast Silver and…
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 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 0.6624. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6555. Further, within the framework…
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 0.9809. 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 0.9835. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9695. USD/CHF…