Stock index Dow Jones continue to move in the correction and the upward channel. At the time of the publication of the forecast, the index is trading at 26533. Moving averages indicate an uptrend. At the moment, we should expect an attempt to fall and a test of the support level near the area of 26255. Where is the rebound expected from and continued growth of the Dow Jones stock index in the region above the level of 27845. Dow Jones Index Forecast and Analysis June 28, 2019 In favor of the rise of quotations of the stock index on…
Author: forex24pro
Currency pair Euro/Dollar EUR/USD continues to move in the context of an upward correction and the formation of the «Wolfe Wave» model. Moving averages indicate a short-term bullish trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1359. At the moment, we should expect an attempt to continue growth and test the upper boundary of the ascending channel near the 1.1400 area. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. A potential target of such a movement and model development is the area below the level…
Currency pair Pound/Dollar GBP/USD continues to move as part of the upward correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the pound rate to the US Dollar at FOREX is 1.2672. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to continue the ascent and test the resistance area near the level of 1.2765. 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 Australian Dollar to US Dollar AUD/USD continues to move within the correction and the bearish channel. Moving averages indicate a short-term bearish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar is 0.6979. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7005. Further, the rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6835. AUD/USD Forecast Australian Dollar June 27, 2019 In favor of the fall of the pair AUD/USD will test…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the framework of the fall and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.61. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for June 27, 2019, we should expect an attempt to grow and test the resistance area near the level of 108.35. Further, the rebound and the continuation of the decline of the pair USD/JPY…
BRENT continue to move in growth. At the time of the publication of the forecast, the price of BRENT oil is $ 65.25 per barrel. Moving averages indicate a short-term upward trend in oil. At the moment, we should expect an attempt to reduce and test the support level near the area of $ 63.35 per barrel. Further, the continuation of the growth of the oil rate to the region above the level of 70.05. BRENT Crude Oil Forecast and analysis June 27, 2019 In favor of the growth of quotations and prices for oil BRENT will test the rising…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of the fall and the formation of a bull pattern «Wolf Wave». At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3156. 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 1.3085. Further, the rebound and the continuation of the growth of the currency pair on Forex. The potential target of such a movement of quotes is an area…
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 1409 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 1395 area. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1460. XAU/USD Forecast and GOLD analysis June 27, 2019 In favor of reducing the XAU/USD quotes, a test of the rising…
Silver continue to move through the growth and the rising channel. At the time of the publication of the forecast, the price of Silver is 15.28 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 15.15 area. Where should we expect a rebound and continued growth in the price of Silver with the goal above the level of 15.80. XAG/USD Forecast Silver and Analysis June 27, 2019 In favor of the growth of XAG/USD quotes, a test of the support line…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the growth and bullish channel. 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 0.6635. At the moment, we should expect an attempt to drop the pair and test the support level near the area of 0.6645. Further, in the framework of the Forex forecast, an attempt is expected to continue the growth of the currency pair in the region above the level of 0.6755.…