Currency pair Euro/Dollar EUR/USD continues to move in the framework of decline. At the time of the publication of the forecast, the euro/dollar rate is 1.1429. At the moment, we should expect an attempt to reduce and test the support level near the 1.1405 area. Where can we expect a rebound and continued growth of the euro/dollar currency pair. A potential goal of such a movement is the area above the level of 1.1595. EUR/USD Forecast Euro Dollar January 16, 2019 A test of the rising trend line on the relative strength index (RSI) will be in favor of raising…
Author: forex24pro
Currency pair Pound/Dollar GBP/USD continues to move in the upward channel. At the time of the publication of the forecast, the pound to dollar rate is 1.2833. At the moment, we should expect an attempt to grow and test the area of resistance near the level of 1.2915. Where again we should expect a rebound and the continuation of the decline of the pound against the dollar. The purpose of the bearish movement of the currency pair, in the framework of the FOREX forecast for January 16, 2019, is the area at the level of 1.2535. GBP/USD Forecast Pound Dollar…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in decline. At the time of the publication of the forecast, the Australian Dollar to the US Dollar is 0.7199. At the moment, we should expect an attempt to grow and test the lower boundary of the rising channel near the level of 0.7210. Further, the continuation of the fall of quotations to the area below the level of 0.7015. AUD/USD Forecast Australian Dollar January 16, 2019 In favor of reducing the pair AUD/USD, a test of the downward trend line on the relative strength index (RSI) will come…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the «Triangle» model. At the time of publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.51. At the moment, we should expect an attempt to grow and test the resistance area near the level of 108.75. Further, the continuation of the fall of the USD/JPY pair to the area below the level of 106.55. USD/JPY Forecast Japanese Yen January 16, 2019 In favor of reducing the pair USD/JPY will…
Quotes of BRENT continue to move as part of a decline. At the time of publication of the forecast, the price of BRENT oil is $ 59.81 per barrel. At the moment, we should expect an attempt to reduce and test the support level near the area of 56.50 dollars per barrel. Further, the continuation of the growth of the oil rate to the region above the level of 70.10. BRENT Crude Oil Forecast and analysis January 16, 2019 In favor of the growth of quotations and prices for oil BRENT will test the trend line on the indicator of…
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 1.3258. At the moment, we should expect an attempt to reduce and test the support level near the 1.3220 area. Further, the continued growth of the currency pair on Forex. The potential goal of raising quotes is the area above the level of 1.3375. USD/CAD Forecast Canadian Dollar January 16, 2019 In favor of the growth of quotations of the Canadian Dollar will test the…
Quotes of GOLD continue to move as part of the growth and formation of the Triangle model. At the time of the publication of the forecast, the price of Gold is 1289 Dollars per Troy Oz. At the moment, we should expect an attempt to reduce and test the level of support near the area of 1285. Where can 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 January 16, 2019 In favor of the growth of XAU/USD quotes, a test of the rising…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of growth. At the time of publication of the forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6824. At the moment, we should expect an attempt to continue growth and test the resistance level near 0.6835. Further, the continuation of the fall of the currency pair on Forex in the area below the level of 0.6645. NZD/USD Forecast New Zealand Dollar January 16, 2019 In favor of the fall of the pair NZD/USD, a test of the resistance…
Currency pair Dollar Franc USD/CHF continues to move within the descending channel. At the time of publication of the Forex forecast, the exchange rate of the US dollar to the Swiss Franc is 0.9862. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9885. Then, the continuation of the fall of the US dollar against the Swiss Franc with the target below the level of 0.9690. USD/CHF Forecast Dollar Franc January 16, 2019 In favor of reducing the pair Dollar/Franc will test a downward trend line on the indicator of…
Currency pair US Dollar Russian Ruble USD/RUB continues to move in a rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 67.05. At the moment, we should expect an attempt to reduce and test the support level near the region of 66.75 Rubles for the US Dollar. Then, the pair continues to grow to an area above 69.65. USD/RUB Forecast Russian Ruble January 16, 2019 The test of the trend line on the relative strength index (RSI) will be in favor of the growth of the…