Currency pair Pound/Dollar GBP/USD continues to move in the framework of the fall and the downward channel. At the time of the publication of the forecast, the pound rate to the US dollar at Forex is 1.2425. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to rise and test the resistance area near the level of 1.2485. Where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The purpose of the downward movement of the currency pair, in the Forex forecast for…
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 Australian Dollar to US Dollar AUD/USD continues to move in the framework of the upward correction and the formation of the downward pattern «Wolfe Wave». Moving averages indicate a short-term uptrend. At the time of the publication of the forecast, the Australian Dollar to US dollar rate is 0.7029. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7055. Further, the rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6835. AUD/USD Forecast Australian Dollar July 17, 2019 In favor…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the framework of a downward correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.90. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for July 17, 2019, we should expect an attempt to fall and test the support area near the level of 107.60. Further, the rebound and continued growth of the pair USD/JPY to the area above the level…
Brent continue to move as part of the growth and formation of the bearish «Wolfe Wave». At the time of publication of the forecast, the price of BRENT oil is $ 66.75 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 68.05 dollars per barrel. Further, the continuation of the fall in the rate of oil in the area below 61.35. BRENT Crude Oil Forecast and analysis July 17, 2019 In favor of reducing the quotations and prices of…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3053. Moving averages indicate a short-term bearish trend in the pair. At the moment, we should expect an attempt to rise and test the resistance level near the 1.3115 area. Further, the rebound and the continuation of the fall of the currency pair. The potential goal of such a movement of quotations is an area below the level of 1.2885. USD/CAD Forecast…
GOLD continue to move within the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1,415 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 1395. Where should we expect a rebound and continued growth in the price of GOLD with the goal above the level of 1475. XAU/USD Forecast and GOLD analysis July 17, 2019 In favor of lifting quotes XAU/USD will…
Silver continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of Silver is 15.41 dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to drop the asset and a test of the support level near the 15.20 area. Where can we expect a rebound and continued growth in the price of Silver with the goal above the level of 15.75. XAG/USD Forecast Silver and Analysis July 17, 2019 In favor of the growth of XAG/USD quotes, a test of the support line…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and formation of the downward wave «Wolfe Wave». Moving averages indicate the presence of a short-term bullish trend for the pair. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6722. At the moment, we should expect an attempt to grow the pair and test the resistance level near the area of 0.6755. Further, in the framework of Forex forecast and analytics, an attempt to continue the fall of the currency pair to…
Currency pair Dollar Franc USD/CHF continues to move in the framework of a slight growth and the formation of a reversal pattern of an inverted «Head and Shoulders». At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9840. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9805. Then, rebound and the beginning of the growth of the US Dollar against the Swiss Franc with the goal above the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a decline and a downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 62.70. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 17, 2019, we can expect an attempt to grow and test the support level near the area of 62.45 Rubles per US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of…