Currency pair Euro/Dollar EUR/USD continues to move in the upward correction. Moving averages indicate a short-term downward trend in the pair. At the time of the publication of the forecast, the euro rate to the US Dollar is 1.1265. At the moment, we should expect an attempt to continue growth and test the resistance level near the 1.1320 area. 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 1.1105. EUR/USD Forecast Euro Dollar June 7, 2019 The test of the resistance line…
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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 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 1.2716. 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 1.2835. Where once again we should expect a rebound and the continuation of the decline of the pound against the dollar. The target of the downward movement of the currency pair, in the framework of the Forex forecast for June 7, 2019, is…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the upward correction and the downward channel. Moving averages indicate a short-term uptrend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6985. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7020. Further, a rebound from the resistance level and the continuation of the fall in quotations to the area below 0.6895. AUD/USD Forecast Australian Dollar June 7, 2019 In favor of the fall of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the framework of the decline. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.21. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for June 7, 2019, we should expect an attempt to grow and test the resistance area near the level of 108.55. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below…
BRENT continue to move in the fall and the bearish channel. At the time of the publication of the forecast, the price of BRENT oil is $ 60.61 per barrel. Quotes moves below drenched moving averages, indicating a strong selling pressure. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt of correction and a test of the resistance level near the area of 61.95 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 56.55. BRENT Crude Oil Forecast and analysis June 7,…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of a strong downward correction and the upward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3365. Moving averages indicate a short-term bullish trend for the pair. However, quotes were able to break through the moving averages, which indicates pressure from the sellers. At the moment, we should expect an attempt to continue the asset reduction and a test of the support level near the 1.3320 area. Further, the rebound and the continuation 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 1339 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt at correction and a test of the support level near the 1325 area. Where can we expect a rebound and continued growth in the price of GOLD with the target above the level of 1380. XAU/USD Forecast and GOLD analysis June 7, 2019 In favor of reducing the XAU/USD quotes, a test of the upward…
Silver continue to move as part of growth. At the time of the publication of the forecast, the price of silver is 14.87 dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to continue asset correction and test the resistance level near the 15.05 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 14.35. XAG/USD Forecast Silver and Analysis June 7, 2019 In favor of raising the XAG/USD quotes, a test of the downward trend line on the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the upward correction 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 0.6638. At the moment, we should expect an attempt to continue the growth of the pair and the test of the resistance level near 0.6675. Further, in the framework of the Forex forecast, an attempt is expected to…
Currency pair Dollar Franc USD/CHF continues to move in the framework of the decline and the downward channel. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9888. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to continue the decline and test the support area near the level of 0.9825. Then, the rebound and continued growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0045. USD/CHF Forecast Dollar Franc June 7, 2019…