Currency pair Euro Dollar EUR/USD continues to move within the framework of a strong bullish correction. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1613, the pair was able to break through the resistance area. At the moment, we should expect an attempt to test the upper border of the channel near the area of 1.1665, where we can expect a rebound and the beginning of the decline of the Euro/Dollar with a potential target below the level of 1.1390. EUR/USD forecast & technical analysis August 23, 2018 In favor of falling…
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 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 Pound to the US dollar is 1.2906. At this point, we should expect an attempt to test the upper limit of the downward channel near the level of 1.2915, where again we should expect a rebound and the continued decline of the British Pound against 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 1.2605. GBP/USD forecast &…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within a strong bullish correction. At the time of publication of the forecast, the rate of the Australian Dollar to the US dollar is 0.7362. At this point, we should expect an attempt to test the resistance area near the level of 0.7385 and continue falling quotations in the area below the level of 0.7220. AUD/USD forecast & technical analysis August 23, 2018 In favor of the fall of the AUD/USD pair, a resistance area test will be performed on the relative strength index (RSI). The cancellation of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and formation of the «Wedge» model. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 110.22. At the moment, we should expect the test of the support area test near the level of 109.70 and the continuation of the pair USD/JPY growth in the area above the level of 111.95. USD/JPY forecast & technical analysis August 23, 2018 In favor of the growth of the pair USD/JPY will test the upward trend line on the…
Quotes of BRENT continue to move within the framework of strong growth. At the time of publication of the forecast, the price of BRENT oil is $ 73.81 per barrel. At the moment, we should expect an attempt to test the upper limit of the bearish channel near the level of $ 72.80 dollars per barrel. Further, the continued growth of the oil price in the region above the level of $ 77.00. BRENT forecast & technical analysis August 23, 2018 In favor of the growth of quotations and prices for oil BRENT will perform a test of the support…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of a bearish correction and the formation of an inverted «Head and Shoulders» model. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3007. At this point, we should expect an attempt to test the support level near the area of 1.3000 and the start of growth of a pair with a potential target above the level of 1.3320. USD/CAD forecast & technical analysis August 23, 2018 In favor of the growth of quotations of the Canadian Dollar will…
Quotes of GOLD continue to move within the framework of a bullish correction. At the time of publication of the forecast, the GOLD price is 1196 Dollars for the Troy Ounce. At this point, we should expect an attempt to test the resistance level near the area of 1200. Where can we expect a rebound and the continuation of the fall in the price of gold with a target below the level of 1145. XAU/USD forecast GOLD & analysis August 23, 2018 In favor of the growth of quotations XAU/USD will perform a bearish trend test on the indicator of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of a strong correction. At the time of publication of the forecast, the rate of the New Zealand Dollar against the US Dollar is 0.6705. At this point, we should expect an attempt to test the resistance level near the area of 0.6735 and continue falling to the area below the level of 0.6575. NZD/USD forecast & technical analysis August 23, 2018 In favor of reducing the pair NZD/USD will test the resistance area on the indicator of relative strength index (RSI).…
Currency pair Dollar Franc USD/CHF continues to move within a strong fall. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9816. At the moment, we should expect an attempt to test the resistance area near the level of 0.9855 and continue the fall of the US Dollar against the Swiss Franc with a target below 0.9705. USD/CHF forecast & technical analysis August 23, 2018 In favor of the decline of the Dollar/Franc pair will perform a test of a broken trend line on the indicator of relative strength index (RSI). Canceling…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of a bearish correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 67.93. At the moment, we should expect an attempt to test the lower limit of the uplink near the area of 67.15 rubles for the US Dollar and the continued growth of the pair in the area above the level of 70.25. USD/RUB forecast & technical analysis August 23, 2018 In favor of the growth of the pair USD/RUB, a…