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 108.09. Moving averages indicate a short-term bearish trend in the pair. As part of the forecast of the Japanese Yen rate for June 6, 2019, we should expect an attempt to grow and test the resistance area near the level of 108.75. Further, the rebound and the continuation of the fall of the pair USD/JPY to the area below…
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.
BRENT continue to move in the fall and the descending channel. At the time of publication of the forecast, the price of BRENT oil is $ 61.68 per barrel. 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 $ 63.25 per barrel. Further, the continuation of the fall of the oil in the area below 55.80. BRENT Crude Oil Forecast and analysis June 6, 2019 In favor of the fall in quotations and prices for oil BRENT will test…
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 exchange rate of the US Dollar to the Canadian Dollar is 1.3384. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to continue the fall of the asset and a test of the support level near the 1.3345 area. Further, the rebound and the continuation of the growth of the currency pair on Forex. A potential target of such…
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 goal above the level of 1375. XAU/USD Forecast and GOLD analysis June 6, 2019 In favor of reducing the XAU/USD quotes, a test of the upward…
Silver continue to move within the growth and downward channel. At the time of the publication of the forecast, the price of Silver is 14.88 Dollars. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to continue asset correction and a test of the resistance level near the 14.95 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 6, 2019 In favor of raising the XAG/USD quotes, a test of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within a strong upward correction and a bearish channel. Moving averages indicate a short-term bearish trend for the pair. At the time of publication of the FOREX forecast, the New Zealand Dollar/US Dollar rate is 0.6542. At the moment, we should expect an attempt to continue the growth of the pair and the test of the resistance level near 0.6665. Further, in the framework of the Forex forecast, an attempt is expected to fall of the currency pair in the region below the level of…
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 0.9887. 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 0.9865. Then, the rebound and continued growth of the US Dollar against the Swiss Franc with a target above the level of 1.0000. USD/CHF Forecast Dollar Franc June 6, 2019…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.08. Moving averages indicate an uptrend. As part of the forecast for the USD/RUB exchange rate for tomorrow, June 6, 2019, we should expect an attempt to decrease and test the support level near 64.75 rubles per US dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of 67.90.…
Bitcoin BTC/USD traded at 7786 and continue to move within the downward correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $138 662 883 293. Moving averages indicate the presence of a bearish trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for tomorrow, June 6, 2019, an attempt should be expected to decline and a test of the support level near the 7475 area. Where should we again expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 9185 area.…
Ethereum ETH/USD are trading at 242.92 and continue to move as part of the correction and the formation of the upward channel model. Cryptocurrency capitalization at the time of the publication of the forecast is $26 043 532 859. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to decrease and test the lower boundary of the ascending channel near the area of 240. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 310. Ethereum Forecast and ETH/USD Analysis…