Currency pair Euro/Dollar EUR/USD continues to move in the framework of the correction. Moving averages indicate the presence of a medium-term downward trend for the pair. At the time of publication of the forecast, the euro/dollar rate is 1.1249. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1275. Further, the continuation of the fall of the currency pair Euro/Dollar. The potential target of such a movement is the area below the level 1.1165. EUR/USD Forecast Euro Dollar April 23, 2019 The test of the resistance line on the relative…
Author: forex24pro
Currency pair Pound/Dollar GBP/USD continues to move as part of the start of the «Triangle» model. At the time of the publication of the forecast, the pound to dollar rate is 1.2987. Sliding meeting indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.3040. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The aim of the downward movement of the currency pair, in the framework of the Forex forecast for April 23, 2019, is the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in frames of the fall. Moving averages indicate a short-term downward trend. As you can see, the correction for the pair continues. At the time of the publication of the forecast, the Australian Dollar to US dollar rate is 0.7133. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7155. Further, the rebound from the resistance level and the continuation of the fall of quotations to the area below 0.7075. AUD/USD Forecast Australian Dollar April 23, 2019 In favor…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and the ascending channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 111.91. Moving averages indicate the presence of a short-term upward trend for the pair. As you can see, the test of the local highs continues. At the moment, we should expect an attempt to reduce and test the support area near the level of 111.55. Further, the rebound and continued growth of the pair USD/JPY to the area…
Quotes of BRENT continue to move in the framework of strong growth and the rising channel. At the time of the publication of the forecast, the price of BRENT oil is $ 72.94 per barrel. Moving averages indicate a short-term upward trend in oil. At the moment, we should expect an attempt to fall and a test of the support level near the area of 71.90 dollars per barrel. Further, the continuation of the growth of the oil rate to the region above the level of 74.75. BRENT Crude Oil Forecast and analysis April 23, 2019 BRENT will test the…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the «Triangle» model. Which indicates the presence of uncertainty on the pair. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3354. Moving averages indicate the presence of a short-term upward 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 1.3340 area. Further, the rebound and the continuation of the…
Quotes of GOLD continue to move in the framework of the fall and the downward channel. At the time of the publication of the forecast, the price of Gold is 1279 Dollars per Troy Oz. At the moment, we should expect an attempt to continue the correction and test the resistance level near the area of 1285. Where should we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1265. XAU/USD Forecast and GOLD analysis April 23, 2019 In favor of reducing the XAU/USD quotes, a test of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline and the downward channel. At the time of the publication of the forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6676. At the moment, we should expect an attempt to correct and test the resistance level near the area of 0.6705. Further, the continuation of the fall of the currency pair at FOREX in the area below the level of 0.6595. NZD/USD Forecast New Zealand Dollar April 23, 2019 In favor of the fall of…
Currency pair Dollar Franc USD/CHF continues to move in a strong uptrend. At the time of publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 1.0146. The pair continues to grow steadily. Moving averages indicate the presence of an upward trend in the pair. At the moment, we should expect an attempt to correct and test the support area near the level of 1.0125. Then continued the growth of the US Dollar against the Swiss Franc with a target above the level of 1.0245. USD/CHF Forecast Dollar Franc April 23, 2019 In…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a decline. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.75. At the moment, we should expect an attempt to continue the decline and a test of the support level near the region of 63.15 Rubles for the US Dollar. Then, the pair continues to grow to an area above 64.85. USD/RUB Forecast Russian Ruble April 23, 2019 A test of the support line on the relative strength index (RSI) will be in favor of…