Currency pair Pound/Dollar GBP/USD continues to move within the correction and the downward channel. At the time of the publication of the forecast, the pound rate to the US dollar at Forex is 1.2573. 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 1.2620. Where again we should expect a rebound and the continuation of the 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 for…
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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 in the framework of the correction and the formation of the «Wave Wolfe» model. Moving averages indicate a short-term uptrend. At the time of the publication of the forecast, the Australian Dollar rate to the US dollar is 0.7022. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7050. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6915. AUD/USD Forecast Australian Dollar July 5, 2019 In favor of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the formation of an 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 107.76. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for July 5, 2019, we should expect an attempt to decrease and test the support area near the 107.35 level. 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 $ 63.69 per barrel. Moving averages indicate a short-term flat trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 64.55 dollars per barrel. Next – the continuation of the fall of the oil in the region below the level of 59.00. BRENT Crude Oil Forecast and analysis July 5, 2019 In favor of lowering quotations and prices for oil BRENT will…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction and the bearish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3068. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to decrease and test the support level near the 1.3005 area. 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…
GOLD continue to move within the growth and the rising channel. At the time of the publication of the forecast, the price of GOLD is 1414 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 1400 area. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1465. XAU/USD Forecast and GOLD analysis July 5, 2019 In favor of lifting quotes XAU/USD will test the rising trend line on…
Silver continue to move within the growth and downward channel. At the time of the publication of the forecast, prices for Silver amount to 15.26 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 15.10 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 5, 2019 In favor of the growth of XAG/USD quotes, a test of the support line on the relative…
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 uptrend for the pair. At the time of publication of the FOREX forecast, the New Zealand Dollar/US Dollar rate is 0.6684. At the moment, we should expect an attempt to grow the pair and test the resistance level near 0.6720. Further, in the framework of the Forex forecast, an attempt to continue the fall of the currency pair to the area below the level…
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 0.9856. 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 0.9845. Then, a rebound and the beginning of the growth of the US dollar against the Swiss Franc with a target above the level of 1.0015. USD/CHF Forecast Dollar…
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 63.38. Moving averages indicate a bearish trend. As part of the forecast of the USD/RUB rate for tomorrow, July 5, 2019, we should expect an attempt to grow and test the resistance level near the area of 63.60 Rubles per US Dollar. Then, the rebound and the continuation of the fall of the currency pair in the area below 61.65. USD/RUB Forecast…