Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the correction and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a short-term uptrend. At the time of the publication of the forecast, the Australian Dollar to US dollar rate is 0.6982. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7025. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6875. AUD/USD Forecast Australian Dollar July 9, 2019 In favor of the fall…
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.54. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for July 9, 2019, we should expect an attempt to decrease and test the support area near the level of 107.95. Further, the rebound and continued growth of the pair…
Brent continue to move in the correction and the ascending channel. At the time of the publication of the forecast, the price of BRENT oil is $ 64.19 per barrel. Moving averages indicate a short-term sideways trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 64.85 dollars per barrel. Further, the continuation of the fall in the rate of oil in the area below the level of 58.90. BRENT Crude Oil Forecast and analysis July 9, 2019 In favor of lowering quotations and prices for oil BRENT…
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 1.3065. 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 continued growth of the currency pair on FOREX as part of the start of working out the inverted «Head and Shoulders» model. A potential target of such a movement of…
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 1405 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 level of support near the area of 1385. Where can we expect a rebound and continued growth in the price of GOLD with the target above the level of 1475. XAU/USD Forecast and GOLD analysis July 9, 2019 In favor of lifting quotes XAU/USD…
Silver continue to move in the framework of the fall and the downward channel. At the time of the publication of the forecast, the price of Silver is 15.06 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 15.10 area. Where can we expect a rebound and continue to reduce the price of Silver with the target above the level of 15.75. XAG/USD Forecast Silver and Analysis July 9, 2019 In favor of the growth of XAG/USD quotes, a test of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and downward. Moving averages indicate the presence of a short-term uptrend for the pair. At the time of publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6637. At the moment, we should expect an attempt to grow the pair and test the resistance level near 0.6665. Further, in the framework of the Forex forecast, an attempt to continue the fall of the currency pair to the area below the level of…
Currency pair Dollar Franc USD/CHF continues to move in the framework of the growth and the upward channel. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9915. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9885. Then, rebound and the beginning of the growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0055. USD/CHF Forecast Dollar Franc…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move in an upward correction 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 63.66. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 9, 2019, we should expect an attempt to grow and test the resistance level near the area of 63.75 rubles for the US dollar. Then, a rebound and the continuation of the fall of the currency pair in the area below the…
Bitcoin BTC/USD are trading at 11893 and continue to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $211 867 011 163. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 9, 2019, we should expect an attempt to decline and a test of the support level near the area of 11520. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate…