Stock index S&P 500 continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the index is trading at 3126. At the moment, we should expect an attempt to develop a downward correction and test the support level near the area of 3055. Where can we expect a rebound and continued growth of S&P 500 quotes to the area above the level of 3215. S&P 500 Forecast and Analysis December 11, 2019 In favor of raising the quotes of the exchange index, a test of the support line on 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 Euro/Dollar EUR/USD continues to move as part of the growth and upward channel. Moving averages indicate a short-term bullish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1061. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1030. 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 1.1250. EUR/USD Forecast Euro Dollar December 10, 2019 An additional signal in favor of the growth of…
Currency pair Pound/Dollar GBP/USD continues to move as part of growth and the bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.3158. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to develop the depreciation of the British Pound and a test of the support area near the level of 1.3055. Where again we should expect a rebound and the continued rise in quotations of the British Pound currency pair against the US Dollar. The target of the upward movement of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation of the «Triangle» model. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6832. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6815. Further, the rebound and the beginning of the growth of quotations in the area above…
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 108.56. Moving averages indicate the presence of a short-term bullish trend for the pair, prices are testing the area between the signal lines, which indicates a potential upward rebound. As part of the forecast for the Japanese Yen on December 10, 2019, we should expect an attempt to grow and…
Brent continue to move as part of the growth and development of the «Triangle» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 64.19 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to continue the development of the correction and test the support level near the area of 63.75 dollars per barrel. Further, the continued growth of the oil rate in the region above the level…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and 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 Canadian Dollar is 1.3253. Moving averages indicate a short-term bullish trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3295. Further, the rebound and continued fall of the currency…
GOLD continue to move as part of the upward correction and the bearish channel. At the time of the publication of the forecast, the price of GOLD is $1460 per Troy Oz. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1475. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1415. XAU/USD Forecast and GOLD analysis December 10, 2019 An additional signal in favor of reducing the…
Silver continue to move as part of the decline and the downward channel. At the time of the publication of the forecast, the price of Silver is 16.57 Dollars. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop a growth in the value of the metal and a test of the resistance level near the area of 16.75. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 16.25. XAG/USD Forecast Silver and Analysis December 10, 2019 In favor…
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 above the area between the signal lines, which indicates the pressure from the bulls in the pair. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6557. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6485. Further,…