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 $ 63.29 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 64.35 dollars per barrel. Further, the continuation of the fall of the oil in the area below 58.45. BRENT Crude Oil Forecast and analysis July 4, 2019 In favor of lowering quotations and prices for oil BRENT will perform a test of…
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 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 1.3070. 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». The potential target of such a…
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 1,419 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 1405. Where should we expect a rebound and continued growth in the price of GOLD with the target above the level of 1470. XAU/USD Forecast and GOLD analysis July 4, 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, the price of silver is 15.29 dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the 15.05 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 4, 2019 The test of the support line on the relative strength indicator will be in favor…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the context of an upward 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 0.6706. At the moment, we should expect an attempt to grow the pair and test the resistance level near 0.6735. Further, in the framework of the Forex forecast, an attempt is expected to continue the fall of the currency pair in the…
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 0.9847. 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 0.9820. Then, a rebound and the beginning of the growth of the US Dollar against the Swiss Franc with the target above the level of 1.0025. In favor 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 63.41. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 4, 2019, we should expect an attempt to grow and test the resistance level near 63.55 rubles for the US dollar. Then, a rebound and the continuation of the fall of the currency pair in the region below the level of…
Bitcoin BTC/USD are traded at 11373 and continue to move as part of the growth and the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $203 152 851 700. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for tomorrow, July 4, 2019, we should expect an attempt to decline and a test of the support level near the area of 9750. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above…
Ethereum ETH/USD are trading at 292.47 and continue to move within the correction and the bullish channel. Cryptocurrency capitalization at the time of publication of the forecast is $31 573 617 471. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to continue the decline and test the lower boundary of the ascending channel near the area of 270.00. Where can we again expect a rebound and continuation of the growth rate of Ethereum with a potential target above the level of 365.00. Ethereum Forecast and ETH/USD Analysis July 4, 2019 An…
Litecoin LTC/USD traded at 119.10 and continue to move in the framework of the decline and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 546 359 255. Moving averages indicate a short-term uptrend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 105.05. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 155.00. Litecoin Forecast and LTC/USD Analysis July 4, 2019 The test of the support line on…