Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the formation of the «Wedge» model. At the time of the publication of the forecast, the euro/dollar rate is 1.1302. At the moment, we should expect an attempt to fall and a test of the support level near the 1.1270 area. Further, the continuation of the growth of the currency pair Euro Dollar. A potential goal of such a movement is the area above the level 1.1475. EUR/USD Forecast Euro Dollar March 7, 2019 In favor of the growth of the EUR/USD quotes, a test of the…
Author: forex24pro
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the bullish model «5-0». At the time of publication of the forecast, the pound to the US dollar is 1.3135. At the moment, we should expect an attempt to fall and test the support area near the level 1.3120. Where again we should expect a rebound and continued growth of the pound against the dollar. The aim of the upward movement of the currency pair, in the framework of the FOREX forecast for March 7, 2019, is the area at the level of 1.3385.…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the correction and the formation of a bull pattern «Wolfe Wave». At the time of the publication of the forecast, the Australian Dollar to US dollar rate is 0.7029. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.7000. Further, the continuation of the growth of quotations in the area above the level of 0.7235. AUD/USD Forecast Australian Dollar March 7, 2019 A test of the rising trend line on the relative strength index (RSI)…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 111.86. At the moment, we should expect an attempt to reduce and test the support area near the level of 111.50. Further, the continued growth of the pair USD/JPY to the area above the level of 112.75. USD/JPY Forecast Japanese Yen March 7, 2019 A test of the rising trend line on the relative strength index (RSI) will be in favor…
Quotes of BRENT continue to move as part of the formation of the «Triangle» model. At the time of the publication of the forecast, the price of BRENT oil is $ 65.52 per barrel. At the moment, we should expect an attempt to grow and test the resistance level near the area of 65.75 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 62.75. BRENT Crude Oil Forecast and analysis March 7, 2019 In favor of the fall in quotations and prices for oil BRENT will test the downward trend…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of growth. At the time of the publication of the forecast, the exchange rate of the US dollar to the Canadian Dollar is 1.3375. Moving averages indicate the presence of an upward trend in the pair. At the moment, we should expect an attempt to fall and a test of the support level near 1.3295. Further, the continued growth of the currency pair in FOREX. The potential goal of raising quotes is the area above the level of 1.3490. USD/CAD Forecast Canadian Dollar March 7, 2019 In favor…
Quotes of GOLD continue to move as part of the decline. At the time of the publication of the forecast, the price of GOLD is 1286 Dollars per Troy Oz. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1300. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1260. XAU/USD Forecast and GOLD analysis March 7, 2019 In favor of the fall of the XAU/USD quotes, a test of the resistance line on the…
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 publication of the forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6781. At the moment, we should expect an attempt to rise and test the resistance level near the area of 0.6795. Further, the continuation of the fall of the currency pair on Forex in the area below the level of 0.6675. NZD/USD Forecast New Zealand Dollar March 7, 2019 In favor of the fall of the pair NZD/USD will rebound…
Currency pair Dollar Franc USD/CHF continues to move within the framework of the correction and the formation of the «Head and Shoulders» model. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0049. Moving averages indicate the presence of an upward trend in the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.0055. Then, the continuation of the fall of the US Dollar against the Swiss Franc with a target below the level of 0.9815. USD/CHF Forecast…
Currency pair US Dollar Russian Ruble USD/RUB continues to move as part of the correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian ruble is 65.82. At the moment, we should expect an attempt to fall and a test of the support level near the area of 65.70 Rubles for the US Dollar. Then, the pair continues to grow to an area above 66.75. USD/RUB Forecast Russian Ruble March 7, 2019 The test of the support line on the relative strength index (RSI) will be in favor of the…