Author: 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.

Stock index Dow Jones continue to move within the growth and the downward channel. At the time of the publication of the forecast, the index is trading at the level of 25996. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and a test of the support level near the area of ​​25715. Where the rebound is expected from and the rise of the Dow Jones stock index quotes to the area above 27450 is expected. Dow Jones Index Forecast and Analysis June 13, 2019 In favor of the growth of quotations of…

Read More

Currency pair Euro/Dollar EUR/USD continues to move as part of growth. Moving averages indicate the presence of a short-term upward trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1313. At the moment, we should expect an attempt to continue growth and test the upper boundary of the channel near the area of ​​1.1345. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. The potential target of such a movement is the area below the level 1.1115. EUR/USD Forecast Euro Dollar June 12, 2019 The test of…

Read More

Currency pair Pound/Dollar GBP/USD continues to move in the upward correction and the downward channel. At the time of the publication of the forecast, the pound to dollar rate is 1.2697. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2735. Where once again we should expect a rebound and the continuation of the decline of the pound against the dollar. The aim of the downward movement of the currency pair, in the FOREX forecast for June 12, 2019, is the area at…

Read More

Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the decline and the upward channel. Moving averages indicate a short-term uptrend. At the time of the publication of the forecast, the Australian Dollar to the US Dollar is 0.6953. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7005. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6850. AUD/USD Forecast Australian Dollar June 12, 2019 In favor of the fall of the pair…

Read More

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the framework of the decline and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.70. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for June 12, 2019, we should expect an attempt to grow and test the resistance area near the level of 109.35. Further, the rebound and the continuation of the fall of the pair USD/JPY…

Read More

BRENT continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of BRENT oil is $ 62.42 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to continue the correction and test the resistance level near the area of ​​65.05 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 56.05. BRENT Crude Oil Forecast and analysis June 12, 2019 In favor of the fall in quotations and prices for…

Read More

Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the fall and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3259. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to grow and test the resistance level near 1.3295. Further, the rebound and the continuation of the fall of the currency pair on Forex. The potential target of such a movement of quotes is an area below the level of 1.3160. USD/CAD Forecast…

Read More

GOLD continue to move within the correction and the ascending channel. At the time of the publication of the forecast, the price of GOLD is 1322 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we can expect an attempt at correction and a test of the support level near the 1310 area. Where can we expect a rebound and continued growth in the price of Gold with the goal above the level of 1355. XAU/USD Forecast and GOLD analysis June 12, 2019 In favor of reducing the XAU/USD quotes, a test of the upward…

Read More

Silver continue to move as part of the correction. At the time of the publication of the forecast, prices for Silver amount to 14.64 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to grow the asset and test the resistance level near the 14.75 area. Where can we expect a rebound and the continuation of the fall in the price of Silver with the goal below the level of 14.25. XAG/USD Forecast Silver and Analysis June 12, 2019 In favor of raising the XAG/USD quotes, a test of the resistance line on the…

Read More

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the fall and the bearish channel. Moving averages indicate a short-term bearish trend for the pair. Quotes broke through the moving averages area, which may indicate pressure from buyers. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6580. At the moment, we should expect an attempt to continue the growth of the pair and the test of the resistance level near 0.6640. Further, in the framework of the Forex forecast, an attempt is expected to fall…

Read More