Stock index DAX 30 continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate is 13153. Moving averages indicate a downward trend. As part of the DAX 30 exchange rate forecast for December 13, 2019, we should expect an attempt to lower and test the support level near 12985. Where can we expect a rebound and continued growth of DAX 30 quotes in the region above the level of 13450. DAX 30 Index Forecast and Analysis December 13, 2019 In favor of the growth of quotations…
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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 1.1082. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1040. 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 1.1265. EUR/USD Forecast Euro Dollar December 12, 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 rising channel. At the time of the publication of the forecast, the pound to the US dollar at Forex is 1.3115. 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 1.3095. Where again we should expect a rebound and the continuation of the rise in quotations of the British Pound currency pair against the US Dollar. The target of the upward movement of the currency pair, in…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the bullish channel. Moving averages indicate the presence of a short-term flat 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 0.6821. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6785. Further, the rebound and the beginning of the growth of quotations to the area…
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 108.73. 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 of the Japanese Yen rate on December 12, 2019, we should expect an attempt to grow…
Brent continue to move as part of the correction. At the time of the publication of the forecast, the price of Brent crude oil is $ 63.95 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 reduce and test the support level near the area of 62.15 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 70.85. Brent Crude Oil Forecast and analysis December 12, 2019…
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 1.3232. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3145. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex quotes…
GOLD 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 price of GOLD is 1464 Dollars 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 1435. XAU/USD Forecast and GOLD analysis December 12, 2019 An additional…
Silver continue to move as part of the decline and the bearish channel. At the time of the publication of the forecast, the price of Silver is 16.63 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 16.15. XAG/USD Forecast Silver and Analysis December 12, 2019 In favor…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of a downward correction and an upward 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 0.6535. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6495.…