Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2177. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to correct the course and test the resistance area near the level of 1.2265. Where again we should expect a rebound and the continued fall of the British Pound against the US Dollar. The target of the downward movement of the currency pair, in the framework of the Forex forecast…
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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 Australian Dollar to US Dollar AUD/USD continues to move as part of the decline and the downward channel. 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 0.6791. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6845. Further, a rebound from the resistance level and continued decline in quotations to the area below 0.6640. AUD/USD Forecast Australian Dollar August 7, 2019 In favor of reducing the pair AUD/USD, a test of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 106.56. Moving averages indicate the presence of a short-term downtrend for the pair. As part of the forecast for the Japanese Yen on August 7, 2019, we should expect an attempt to develop a correction and test the resistance area near the level of 107.25. Further, the rebound and continued fall of the pair USD/JPY…
Brent continue to move as part of the correction and the formation of the bullish «Wolfe Wave» model. At the time of the publication of the forecast, the price of BRENT oil is $ 60.03 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to reduce and test the support level near the area of 59.70 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 67.70. BRENT Crude Oil Forecast and analysis August 7, 2019 In favor of rising quotes and…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3217. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3125. 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 1.3505.…
GOLD continue to move as part of the growth and bullish channel. At the time of the publication of the forecast, the price of GOLD is 1,463 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 1425. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1525. XAU/USD Forecast and GOLD analysis August 7, 2019 In favor of raising the XAU/USD quotes, a test of the support…
Silver continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Silver is 16.38 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to reduce the asset and test the support level near the area of 16.10. Where can we expect a rebound and continued growth in Silver prices with a target above the level of 17.25. XAG/USD Forecast Silver and Analysis August 7, 2019 In favor of the growth of XAG/USD quotes, a test of the support line on the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the bearish channel. Moving averages indicate the presence of a short-term downtrend 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 0.6549. At the moment, we should expect an attempt to continue the growth of the pair and test the resistance level near the area of 0.6575. 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 upward correction of the fall 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 0.9759. 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 0.9800. Then, a rebound and the beginning of the depreciation of the US Dollar against the Swiss Franc with a target below 0.9635. USD/CHF Forecast Dollar…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.05. Moving averages indicate a bearish trend. As part of the USD/RUB forecast for tomorrow, August 7, 2019, we should expect an attempt to lower and test the support level near the area of 64.00 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of 68.90. USD/RUB Forecast Russian Ruble August 7, 2019 On…