Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the bull channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.24. Moving averages indicate the presence of a short-term upward trend for the pair. As part of the forecast of the Japanese Yen rate for July 12, 2019, we should expect an attempt to decrease and test the support area near the level of 108.05. Further, the rebound and continued growth of the pair USD/JPY to…
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.
Brent continue to move in the framework of strong growth and the formation of the downward «Wolfe Wave». At the time of the publication of the forecast, the price of BRENT oil is 67.01 dollars 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 67.55 dollars per barrel. Further, the continuation of the fall of the oil in the area below 61.55. BRENT Crude Oil Forecast and analysis July 12, 2019 In favor of reducing the quotations and prices…
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 rate of the US Dollar to the Canadian Dollar is 1.3069. 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 level near 1.3035. Further, the rebound and the continuation of the growth of the currency pair on Forex as part of the beginning of the development of the ascending model «Wolfe Wave». A potential target of such a…
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 1415 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 12, 2019 In favor of lifting quotes XAU/USD will…
Silver continue to move in the framework of the decline and the bearish channel. At the time of the publication of the forecast, the price of Silver is 15.21 Dollars. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to grow the asset and test the resistance level near the area of 15.30. Where can we expect a rebound and continue to reduce the price of Silver with a target below the level of 14.50. XAG/USD Forecast Silver and Analysis July 12, 2019 In favor of the fall in XAG/USD quotes, a test 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 «Wolfe Wave» model. Moving averages indicate the presence of a short-term bearish trend for the pair. At the time of publication of the FOREX forecast, the New Zealand Dollar/US Dollar rate is 0.6669. At the moment, we should expect an attempt to grow the pair and test the resistance level near the 0.6745 area. Further, in the framework of the FOREX forecast, an attempt is expected to continue the fall of the currency pair in…
Currency pair Dollar Franc USD/CHF continues to move in the framework of the correction and the formation of a reversal pattern inverted «Head and Shoulders». At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9888. 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, a rebound and the beginning of the growth of the US Dollar against the Swiss Franc with the goal above the level of…
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 62.84. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 12, 2019, we should expect an attempt of growth and a test of the resistance level near the area of 63.45 Rubles per US Dollar. Then, the rebound and the continuation of the fall of the currency pair in the area…
Bitcoin BTC/USD are trading at 11660 and continue to move as part of the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $209 597 444 596. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 12, 2019, we should expect an attempt to decline and a test of the support level near the area 11165. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the area…
Ethereum ETH/USD are trading at 268.95 and continue to move as part of the fall and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $29 177 942 592. Moving averages indicate a short-term bearish trend in Ethereum. At the moment, we should expect an attempt to continue growth and test the upper boundary of the downward channel near the area of 280.00. Where can we expect a rebound again and the continuation of the fall in the rate of Ethereum with a potential target below the level of 240.00. Ethereum Forecast and ETH/USD…