Currency pair Euro Dollar EUR/USD continues to move within the framework of growth. At the time of publication of the forecast, the Euro to the US dollar rate is 1.1685. At the moment, we should expect an attempt to test the bottom of the channel near the area of 1.1615, where we can expect a rebound and the continued growth of the Euro/Dollar with a potential target above the level of 1.1880. EUR/USD forecast & technical analysis August 30, 2018 In favor of the growth of EUR/USD quotations, a test of the support line will be made on the indicator…
Author: forex24pro
Currency pair Pound/Dollar GBP/USD continues to move within the framework of a bullish correction. At the time of publication of the forecast, the rate of the British Pound to the US Dollar is 1.2948. At this point, we should expect an attempt to test the upper limit of the bearish channel near the level of 1.2970, where again we should expect a rebound and a continued decrease in the British Pound versus the US Dollar. The target of reducing the currency pair GBP/USD, within the framework of the Forex forecast, is the area below the level of 1.2580. GBP/USD forecast…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of the formation of the «Triangle» model. At the time of publication of the forecast, the Australian Dollar to the US Dollar rate is 0.7285. At the moment, we should expect a test of the resistance area near the level of 0.7325 and the continuation of falling quotations in the area below the level of 0.7180. AUD/USD forecast & technical analysis August 30, 2018 In favor of the fall of the pair AUD/USD will perform a bearish trend test on the indicator of relative strength index…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and start of the «Wedge» model. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 111.47. At the moment, we should expect an attempt to test the support area near the level of 110.90 and continue the growth of the pair USD/JPY in the area above the level of 113.05. USD/JPY forecast & technical analysis August 30, 2018 In favor of the growth of the pair USD/JPY, a trend line test will be performed on…
Quotes of BRENT continue to move in line with growth. At the time of publication of the forecast, the price of BRENT oil is 76.54 dollars per barrel. At this point, we should expect an attempt to test the resistance area near the level of 76.80 dollars per barrel. Further, the beginning of the fall of the oil price in the area below the level of 73.95. BRENT forecast & technical analysis August 30, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI), as well…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the limits of the decline. At the time of publication of the forecast, the US Dollar rate against the Canadian Dollar is 1.2945. At this point, we should expect an attempt to test the resistance level near the area of 1.2990 and continue the fall of the currency pair with a potential target below the level of 1.2820. USD/CAD forecast & technical analysis August 30, 2018 In favor of lowering the quotes of the Canadian Dollar, a trend line test will be performed on the relative strength index (RSI),…
Quotes of GOLD continue to move within the bullish channel. At the time of publication of the forecast, the GOLD price is 1204 Dollars for the Troy Ounce. At this point, we should expect a test of the support level near the 1200 area. Where can we expect a rebound and the continued growth in the price of GOLD with a target above the level of 1235. XAU/USD forecast GOLD & analysis August 30, 2018 In favor of the growth of XAU/USD quotations, an uptrend test on the relative strength index (RSI) will perform, as well as a test of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction. At the time of publication of the forecast, the rate of the New Zealand Dollar against the US Dollar is 0.6695. At this point, we should expect an attempt to test the resistance level near the area of 0.6740 and continue falling into the area below the level of 0.6570. NZD/USD forecast & technical analysis August 30, 2018 In favor of reducing the pair NZD/USD will break the support line on the indicator of relative strength index (RSI). The cancellation of the…
Currency pair Dollar Franc USD/CHF continues to move in the fall. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9721. At this point, we should expect an attempt to test the resistance area near the level of 0.9780 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9620. USD/CHF forecast & technical analysis August 30, 2018 In favor of reducing the pair, Dollar/Franc will perform a bearish trend test on the indicator of relative strength index (RSI). The cancellation of the USD/CHF…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the formation of the «Triangle» model. At the time of publication of the forecast, the US dollar to the Russian Ruble rate is 68.20. At the moment, we should expect an attempt to test the lower limit of the «Triangle» model near the area of 67.35 rubles for the US dollar and continue the growth of the pair to an area above the level of 70.85. USD/RUB forecast & technical analysis August 30, 2018 In favor of the growth of the pair USD/RUB, an uptrend line…