Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1235. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.1390. Where is expected to rebound and the continuation of the fall of the Euro/Dollar. The potential target of the decline is the area below 1.0815. EUR/USD Forecast and Analysis July 22 — 26, 2019 In favor of the fall of the EUR/USD currency pair at FOREX, a…
Author: forex24pro
BRENT crude oil complete the trading week near the area of $ 62.96 per barrel. And continues to move in growth. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue the ascent and test the resistance area near the level of 63.75. Then the continuation of the fall of oil into the region below the level of 49.35 dollars per barrel. BRENT oil Forecast and Analysis July 22 — 26, 2019 An additional signal in favor of reducing the quotations of oil this week will be the test of the resistance line on…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.2529 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At this point, we should expect an attempt to continue the ascent and test the resistance area near the level of 1.2765. Further, the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.2015. GBP/USD Forecast and Analysis July 22 — 26, 2019 In favor of the fall of the British Pound will test the downward trend line on the indicator of relative…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 62.97 Rubles for the US Dollar. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. In the current trading week of 22 — 26, 2019, a drop in the support area near the level of 62.70 is expected. Where can we expect a rebound and continued growth of the dollar above the level of 66.45. USD/RUB Forecast and Analysis July 22 — 26, 2019 In favor of raising the pair Dollar/Ruble will be the formation…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7054 area. The pair continues to move within the upward correction and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue the development of the correction and test the resistance area near the level of 0.7095. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6545. AUD/USD Forecast and Analysis July 22 — 26, 2019 In favor of the fall of the pair on Forex will test the downward…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3048. The pair continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to decrease and test the support level near the 1.3005 area. Then, the growth of quotations with the target above the level of 1.3575. USD/CAD Forecast and Analysis July 22 — 26, 2019 A test of the rising support line on the relative strength indicator will be in favor of the USD/CAD rise. The second signal will…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the week near the 107.62 area. The pair continues to move within the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to decrease and test the support level near the area of 106.55. Then rebound and continued growth of the pair to the area above the level of 113.35. USD/JPY Forecast and Analysis July 22 — 26, 2019 In favor of the rise of a pair of Dollar/Yen will test the rising trend line on the indicator of…
GOLD completes the trading week near the area of 1436. XAU/USD quotes continue to move as part of growth. Moving averages indicate a bullish trend. At the moment, it is worth expecting an attempt to fall and a test of the support level near the area of 1365. Further continuation of the rise in the price of GOLD with a potential target above the level of 1495. GOLD Price Forecast and Analysis July 22 — 26, 2019 In favor of the rise of quotations and prices for GOLD in the current trading week of 22 — 26, 2019, a test…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6770 area. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6825. Then, the currency pair will continue to fall with a potential target below the level of 0.6255. NZD/USD Forecast and Analysis July 22 — 26, 2019 In favor of the fall of the currency pair NZD/USD test will perform a downward resistance line on the indicator of relative strength. The second signal…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9821. The pair continues to move within the correction and the ascending channel. Moving averages indicate a lateral trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9745. Further, the rebound and attempt to grow a pair with a potential target above the level of 1.0255. USD/CHF Forecast and Analysis July 22 — 26, 2019 The test of the support line on the relative strength indicator will be in favor of the rise of the dollar franc…