Currency pair US Dollar to Polish Zloty USD/PLN continues to move in the bullish channel. At the time of the publication of the forecast, the course of the US Dollar to the Polish Zloty is 3.8266. At the moment, we can expect a test of the support level near the 3.8155 area. Then, continued growth of the USD/PLN quotes to the area above the level of 3.8745. USD/PLN forecast Polish Zloty April 2, 2019 The test of the support line on the relative strength index (RSI) will be in favor of the growth of the US Dollar/Polish Zloty currency pair.…
Author: forex24pro
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1234. The pair continues to move in decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.1335. Where is expected to rebound and the continuation of the fall of the euro/dollar. The potential target of the decline is the area below the level of 1.0675. EUR/USD Forecast and Analysis April 1 — 5, 2019 In favor of the fall of the EUR/USD currency pair at FOREX, a test of…
BRENT crude oil complete the trading week near the region of $ 67.27 per barrel. And it continues to move within an upward correction. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 68.95. Then continued the fall of oil in the area below the level of 51.05 dollars per barrel. BRENT oil Forecast and Analysis April 1 — 5, 2019 An additional signal in favor of lowering oil prices this week will be the formation of the «Head and Shoulders» reversal pattern on…
Currency pair Pound Dollar GBP/USD ends the trading week near the area of 1.3102. The pair continues to move within the framework of the formation of the «Wolfe Wave» model. Moving averages indicate a downward trend. At this point we should expect an attempt to grow and test the resistance area near the level of 1.3255. Further, the beginning of the decline in quotations of the Pound Dollar to the area below 1.2395. GBP/USD Forecast and Analysis April 1 — 5, 2019 In favor of the fall of the British Pound will test the resistance line on the indicator of…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.70 Rubles for the US Dollar. The pair continues to move within the correction. Moving averages indicate an uptrend. In the current trading week of April 1 — 5, 2019, a decline is expected and a test of the support area near the level of 63.55. Where can we expect a rebound and continued growth of the dollar above 69.15. USD/RUB Forecast and Analysis April 1 — 5, 2019 In favor of the growth of the dollar/ruble pair will make a test line of…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7096. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7155. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6585. AUD/USD Forecast and Analysis April 1 — 5, 2019 In favor of the fall of the pair on Forex will test the…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3425. The pair continues to move within the ascending channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near 1.3225 area. Then the growth of quotations continued with the goal above the level of 1.3995. USD/CAD Forecast and Analysis April 1 — 5, 2019 The test of the support line on the relative strength index (RSI) will be in favor of the USD/CAD rise. The second signal will be a rebound from…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the 110.59 trading week. The pair continues to move in decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 111.35. Then rebound and the continuation of the fall of the pair in the area below the level of 105.65. USD/JPY Forecast and Analysis April 1 — 5, 2019 In favor of the fall of the pair Dollar/Yen will test the descending trend line on the indicator of relative strength index (RSI). The…
GOLD close the trading week near the 1287 area. The quotes continue to move within the ascending channel and form the «Head and Shoulders» reversal pattern. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1310. Further continuation of the fall in the price of GOLD with a potential target below the level of 1215. GOLD Price Forecast and Analysis April 1 — 5, 2019 In favor of reducing the quotations and prices for GOLD in the current trading week April 1 — 5,…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6799 area. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6875. Then, the currency pair will continue to fall with a potential target below the level of 0.6410. NZD/USD Forecast and Analysis April 1 — 5, 2019 In favor of the fall of the NZD/USD currency pair, a…