Currency pair Euro/Dollar EURUSD continues to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate the presence of a short-term bearish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1075. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1155. 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 1.0905. EUR/USD Forecast Euro Dollar August 21, 2019 An additional…
Author: forex24pro
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 correction and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2093. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to depreciate and test the support area near the level of 1.2030. Where again we should expect a rebound and continued growth of the British Pound against the US Dollar. The purpose of the upward movement of the currency pair, in the framework of the Forex forecast for August 21,…
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 bearish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6775. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6785. Further, a rebound from the resistance level and continued decline in quotations to the area below 0.6565. AUD/USD Forecast Australian Dollar August 21, 2019 In favor of reducing the pair AUD/USD, a test…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of a reversal model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 106.27. Moving averages indicate the presence of a short-term bearish for the pair. As part of the forecast for the Japanese Yen on August 21, 2019, we should expect an attempt to reduce and test the support area near the level of 105.20. Further, the rebound and continued growth of the USD/JPY pair…
Brent continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of BRENT oil is $ 59.73 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to grow and test the resistance level near the area of 60.15 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 51.70. BRENT Crude Oil Forecast and analysis August 21, 2019 In favor of reducing quotes and BRENT oil prices,…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3327. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3275. Further, the rebound and continued growth of the currency pair. The potential target of this movement of quotes is the area above the level of 1.3475. USD/CAD Forecast Canadian…
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 1504 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to reduce 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 1595. XAU/USD Forecast and GOLD analysis August 21, 2019 In favor of raising the XAU/USD quotes, a test of the rising…
Silver continue to move as part of the growth and bullish channel. At the time of the publication of the forecast, the price of Silver is $ 17.01. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to correct the metal and test the support level near the area of 16.60. Where can we expect a rebound and continued growth in Silver prices with a target above the level of 18.25. XAG/USD Forecast Silver and Analysis August 21, 2019 In favor of the growth of XAG/USD quotes, a test of the rising support line on…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline. Moving averages indicate the presence of a short-term bearish 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 0.6405. At the moment, we should expect an attempt to develop an upward correction of the pair and a test of the resistance level near the area of 0.6455. Further, within the framework of the forecast and Forex analysis, an attempt is expected to continue…
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 0.9799. Moving averages indicate the presence of a short-term downtrend for the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9850. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a target below 0.9545. USD/CHF Forecast Dollar Franc August 21, 2019 In favor of…