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 1.2572. 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 1.2625. 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 Forex forecast for July 4, 2019,…
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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 upward correction and the formation of the «Wolfe Wave» 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 0.7025. 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 0.6905. AUD/USD Forecast Australian Dollar July 4, 2019 In favor…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.71. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for July 4, 2019, we should expect an attempt to fall and a test of the support area near the level of 107.45. Further, the rebound and continued growth…
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…
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…