Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to dollar rate is 1.2984. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.3020, from where we should again expect a rebound and the continuation of the decline of the Pound against the US Dollar. The target of the fall of the GBP/USD currency pair, in the GBP/USD forecast Pound Dollar October 24, 2018, is the area at 1.2810.…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish channel. At the time of the publication of the forecast, the Australian Dollar rate to the US dollar is 0.7070. At the moment, we should expect an attempt to test the resistance area near the level of 0.7095 and continue the fall of quotations to the area below the level of 0.7000. AUD/USD forecast Australian Dollar October 24, 2018 The test of the resistance line on the relative strength index (RSI) will be in favor of the fall of the AUD/USD pair. Cancellation of the fall…
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 112.20. At the moment, we should expect an attempt to test the support area near the level of 112.00 and the continued growth of the USD/JPY pair to the area above the level of 113.85. USD/JPY forecast Japanese Yen October 24, 2018 The test of the support area on the relative strength index (RSI) will be in favor of the…
Quotes of BRENT continue to move in the fall. At the time of the publication of the forecast, the price of BRENT oil is 77.49 dollars per barrel. At the moment, we can expect an attempt to test the resistance level near the area of 79.00 dollars per barrel. Further, the continuation of the fall of the oil in the region below the level of 74.50. BRENT forecast & technical analysis October 24, 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 quotations…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the correction and the beginning of working out the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the rate of the US dollar to the Canadian Dollar is 1.3089. At the moment, we should expect an attempt to test the support level near the 1.3020 area and the continued growth of the currency pair. The potential target of growth is the area above the level of 1.3300. USD/CAD forecast Canadian Dollar October 24, 2018 In favor of the growth of quotations…
Quotes of GOLD continue to move as part of the correction and development of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1232 Dollars per Troy Oz. At the moment, we should expect an attempt to test the lower boundary of the bullish channel near the area of 1220. Where can 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 October 24, 2018 In favor of the growth of XAU/USD quotes, there will be a…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in a downward channel. At the time of publication of the forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6552. At the moment, we should expect an attempt to test the resistance level near the 0.6595 area and the beginning of a fall into the area below the level of 0.6420. NZD/USD forecast New Zealand Dollar October 24, 2018 The test of the broken trend line on the indicator of relative strength index (RSI), as well as the formation of…
Currency pair Dollar Franc USD/CHF continues to move within the framework of the correction and the formation of the bullish «5-0» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9947. At the moment, we should expect an attempt to test the support area near the level of 0.9925 and the continued growth of the US Dollar against the Swiss Franc with a target above the level of 1.0070. USD/CHF forecast Dollar Franc October 24, 2018 In favor of the growth of the pair Dollar Franc will…
Currency pair US Dollar Russian Ruble USD/RUB continues to move as part of the decline and the formation of a bullish «Wolfe Wave» pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian ruble is 65.52. At the moment, it is worth expecting an attempt to test the support level near 64.50 Rubles for the US Dollar and the pair to continue to grow to an area above the 67.00 level as part of the start of the model development. USD/RUB forecast Russian Ruble October 24, 2018 In favor of…
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 exchange rate is 1.1508. At the moment, we should expect an attempt to test the resistance level near the area of 1.1545, where we should expect a rebound and the continuation of the fall of the Euro/Dollar with a potential target below the level of 1.1365. EUR/USD forecast Euro Dollar October 23, 2018 In favor of reducing the EUR/USD quotes, a test of the downward trend…