Currency pair Euro/Dollar EUR/USD continues to move as part of the bearish «Wolfe Wave». Moving averages indicate the presence of a medium-term upward trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1274. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1305. 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 1.1105. EUR/USD Forecast Euro Dollar April 12, 2019 The test of the resistance line on…
Author: forex24pro
Currency pair Pound/Dollar GBP/USD continues to move as part of the formation of the «Triangle» model. At the time of publication of the forecast, the pound to dollar rate is 1.3086. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.3105. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The target of the downward movement of the currency pair, in the framework of the Forex forecast for April 12, 2019, is the area at the level of 1.2875. GBP/USD…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of growth and the formation of the Wedge model. Moving averages indicate an uptrend. At the time of the publication of the forecast, the Australian Dollar rate to the US Dollar is 0.7157. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7175. Further, the continuation of the fall of quotations in the area below the level of 0.7085. AUD/USD Forecast Australian Dollar April 12, 2019 In favor of the fall of the pair AUD/USD will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the decline and the formation of an inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 111.10. Moving averages indicate the presence of an upward trend in the pair. At the moment, we should expect an attempt to fall and test the support area near the level of 110.80. Further, the continued growth of the USD/JPY pair to the area above the level of 112.35. USD/JPY…
Quotes of BRENT continue to move in growth. At the time of the publication of the forecast, the price of BRENT oil is $ 71.25 per barrel. At the moment, we should expect an attempt to continue growth and test the resistance level near the area of 72.05 dollars per barrel. Further, the continuation of the fall of the oil in the area below 69.05. BRENT Crude Oil Forecast and analysis April 12, 2019 In favor of the fall in quotations and prices for oil BRENT will test the area of resistance on the indicator of relative strength index (RSI).…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3355. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to continue the fall and a test of the support level near the 1.3320 area. Further, the continued growth of the currency pair in Forex. The potential goal of raising quotes is the area above the level of 1.3455. USD/CAD Forecast Canadian Dollar April 12,…
Quotes of GOLD continue to move as part of growth. At the time of the publication of the forecast, the price of GOLD is 1302 Dollars per Troy Oz. At the moment, we should expect an attempt to fall and a test of the support level near the area of 1297. Where should we expect a rebound and continued growth in the price of Gold with the goal above the level of 1325. XAU/USD Forecast and GOLD analysis April 12, 2019 In favor of raising the XAU/USD quotes, a test of the trend line on the relative strength index (RSI)…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in line with the decline. At the time of the publication of the forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6757. At the moment, we should expect an attempt to grow and test the resistance level near the 0.6765 area. Further, the continuation of the fall of the currency pair at Forex in the area below the level of 0.6665. NZD/USD Forecast New Zealand Dollar April 12, 2019 In favor of the fall of the pair NZD/USD will rebound…
Currency pair Dollar Franc USD/CHF continues to move in growth. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0018. 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 1.0005. Then continued growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0105. USD/CHF Forecast Dollar Franc April 12, 2019 In favor of the growth of a pair of dollar franc…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of an inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.32. At the moment, we should expect an attempt to fall and a test of the support level near the 64.15 Ruble area for the US Dollar. Then, the pair continues to grow to an area above 66.55. USD/RUB Forecast Russian Ruble April 12, 2019 A test of the support line on the relative strength…