Currency pair Euro Dollar EUR/USD continues to move within the framework of the correction and the formation of the bullish «Wolfe Wave» pattern. At the time of the publication of the forecast, the euro/dollar rate is 1.1446. At the moment, we should expect an attempt to test the support level near the 1.1395 area, from where we should expect a rebound and the continued growth of the Euro/Dollar with a potential target above the 1.1595 level. Euro Dollar forecast & EUR/USD analysis November 8, 2018 A test of a broken trend line on the relative strength index (RSI), as well…
Author: forex24pro
Currency pair Pound/Dollar GBP/USD continues to move as part of growth. At the time of the publication of the forecast, the pound to dollar rate is 1.3139. At the moment, we should expect an attempt to correct and test the support area near the level of 1.3015, from which we can again expect a rebound and continued growth of the Pound against the Dollar. The target of the currency pair growth, in the GBP/USD forecast Pound Dollar November 8, 2018, is the area at 1.3350. GBP/USD forecast Pound Dollar November 8, 2018 A test of a broken trend line on…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of growth. At the time of the publication of the forecast, the Australian Dollar to USD rate is 0.7276. At the moment, we should expect an attempt to test the support area near the level of 0.7220 and the continued growth of quotations in the area above the level of 0.7405. AUD/USD forecast Australian Dollar November 8, 2018 A test of the support line on the relative strength index (RSI) will be in favor of the AUD/USD pair growth. Cancellation of the growth of quotations of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 113.41. At the moment, we should expect an attempt to test the support area near the level of 112.90 and the continued growth of the USD/JPY pair to the area above the level of 114.85. USD/JPY forecast Japanese Yen November 8, 2018 The test of the trend line on the relative strength index (RSI) will be in favor of the…
Quotes of BRENT continue to move as part of a decline. At the time of the publication of the forecast, the price of BRENT oil is $ 72.23 per barrel. At the moment, we should expect an attempt to test the resistance level near $ 73.90 a barrel. Further, the continuation of the fall in the rate of oil in the region below the level of 67.00. BRENT forecast & technical analysis November 8, 2018 BRENT will test the trend line on the relative strength index (RSI) in favor of lowering quotes and oil prices. Confirmation of a fall in…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3110. At the moment, we should expect an attempt to test the support level near the 1.3070 area and the continued growth of the currency pair. The potential target of growth is the area above the level of 1.3345. USD/CAD forecast Canadian Dollar November 8, 2018 In favor of the growth of quotations of the Canadian Dollar will test the…
Quotes of GOLD continue to move in line with the decline. At the time of the publication of the forecast, the price of GOLD is 1226 Dollars per Troy Oz. At the moment, it is worth expecting an attempt to test the support level near the 1220 area. Where should we expect a rebound and continued growth in the price of GOLD with the target above the level of 1255. XAU/USD forecast & GOLD analysis November 8, 2018 In favor of the growth of XAU/USD quotes, there will be a test of the trend line on the relative strength index…
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 0.6785. At the moment, we should expect an attempt to test the support level near 0.6720 and continue to grow to an area above 0.6865. NZD/USD forecast New Zealand Dollar November 8, 2018 A test of the trend line on the relative strength index (RSI), as well as a rebound from the lower boundary of the rising channel, will be in…
Currency pair Dollar Franc USD/CHF continues to move in a bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Swiss Franc is 1.0004. At the moment, we should expect an attempt to test the support area near the level of 0.9985 and the continued growth of the US Dollar against the Swiss Franc with the target above the level of 1.0205. USD/CHF forecast Dollar Franc November 8, 2018 In favor of the growth of a pair of dollar/franc will test a rising trend line on the indicator of relative…
Currency pair US Dollar Russian Ruble USD/RUB continues to move in the framework of the sideways movement and the formation of the bullish pattern «Wolf Wave». At the time of the publication of the forecast, the exchange rate of the US dollar to the Russian ruble is 66.08. At the moment, we should expect an attempt to test the support level near 65.60 rubles for the US dollar and the pair to continue to grow to an area above 67.55. USD/RUB forecast Russian Ruble November 8, 2018 A test of the trend line on the relative strength index (RSI) will…