Currency pair Euro/Dollar EUR/USD continues to move as part of the bullish correction and the bearish 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 1.1028. At the moment, we should expect an attempt to continue the bullish correction and test the resistance level near the area of 1.1055. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level of 1.0855. EUR/USD Forecast Euro Dollar October 15, 2019 An additional signal in…
Author: forex24pro
Currency pair Pound/Dollar GBP/USD continues to move as part of a bearish correction of growth and a bullish channel. At the time of the publication of the forecast, the pound to the US dollar at FOREX is 1.2554. 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 1.2425. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the bearish channel. Moving averages indicate a short-term bullish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6753. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6785. Further, a rebound from the upper boundary of the model and the continuation of the fall in quotations to the area below 0.6635. AUD/USD Forecast Australian Dollar October 15, 2019 An additional signal in favor…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of growth and an upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.18. Moving averages indicate a short-term bullish trend for the pair. Prices returned again testing the area of signal lines, which suggests a potential rebound from current levels. As part of the forecast for the Japanese yen on October 15, 2019, we should expect an attempt to reduce and test the support area near the level of…
Brent continue to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 59.34 per barrel. Moving averages indicate a short-term downtrend for oil, which is nearing completion. At the moment, we should expect an attempt to grow and test the resistance level near the area of 60.55 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 54.35. Brent Crude Oil Forecast and analysis October 15, 2019 In favor of falling quotes…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of a strong fall and a bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3210. 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 1.3235. Further, the rebound and continued growth of the currency pair. The potential target of this movement of quotes is the area below the level…
GOLD continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the price of GOLD is 1,495 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend that is nearing completion. At the moment, we should expect an attempt to reduce and test the support level near the area of 1465. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1575. XAU/USD Forecast and GOLD analysis October 15, 2019 In…
Silver continue to move as part of the correction and the downward channel. A «Head and Shoulders» reversal pattern is also being formed here. At the time of the publication of the forecast, the price of Silver is 17.58 Dollars. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the resistance level near the area of 17.80. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate the presence of a short-term bullish trend for the pair. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6285. At the moment, we should expect an attempt to continue the development of the correction and test the resistance level near the area of 0.6345. Further, within the framework of the forecast and Forex…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9952. Moving averages indicate the presence of a short-term bullish trend for the pair, prices continue to push off from signal lines, pressure from buyers continues. At the moment, we should expect an attempt to continue slight growth and test the resistance area near the level of 0.9995. Then, a rebound and continued depreciation of the US…