Currency pair Euro Dollar EUR/USD continues to move within the framework of a strong upward correction. At the time of publication of the forecast, the EUR/USD exchange rate is 1.1522, the pair is testing the lower limit of the «Triangle» model. At the moment, we should expect a test of the resistance level near the area of 1.1535, where we should expect a rebound and the continued decline of the Euro/Dollar with a potential target below the level of 1.1305. EUR/USD forecast & technical analysis August 22, 2018 In favor of falling quotations EUR/USD will test the bearish trend line…
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 1.2832. At this point, we should expect an attempt to test the upper limit of the channel near the level of 1.2865, where again we should expect a rebound and a continued decrease in the Pound versus the US Dollar. The target of reducing the currency pair GBP/USD, within the Forex forecast is the area below the level of 1.2615. GBP/USD forecast & technical analysis August 22,…
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 against the US Dollar is 0.7360. At the moment, we should expect an attempt to test the resistance area near the level of 0.7375 and continue falling quotations in the area below the level of 0.7250. AUD/USD forecast & technical analysis August 22, 2018 In favor of the fall of the pair AUD/USD will form a reversal model «Head and Shoulders» on the indicator of relative strength index (RSI). 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 to the Japanese Yen is 110.25, the pair was able to update the local minimum area. At the moment, we should expect an attempt to test the support area near the level of 109.90 and continue the growth of the pair USD/JPY in the area above the level of 111.75. USD/JPY forecast & technical analysis August 22, 2018 In favor of the growth of the pair…
Quotes of BRENT continue to move within the bearish channel. At the time of publication of the forecast, the price of BRENT oil is 72.29 dollars per barrel. At the moment, we should expect an attempt to test the upper limit of the bearish channel near the level of 72.70 dollars per barrel. Further, the continued fall in oil prices in the region below the level of 67.50. BRENT forecast & technical analysis August 22, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). The…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of a downward 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 1.3021. At this point, we should expect an attempt to test the support level near the area of 1.3005 and continue the growth of the pair with a potential target above the level of 1.3385. USD/CAD forecast & technical analysis August 22, 2018 In favor of the growth of quotations of the Canadian Dollar will perform…
Quotes of GOLD continue to move within the framework of an upward correction. At the time of publication of the forecast, the Gold price is 1193 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 22, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index…
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 New Zealand Dollar rate against the US Dollar is 0.6665. At this point, we should expect an attempt to test the resistance level near the area of 0.6685 and continue falling to the area below the level of 0.6480. NZD/USD forecast & technical analysis August 22, 2018 In favor of reducing the pair NZD/USD will test the resistance area on the indicator of relative strength index (RSI). The cancellation…
Currency pair Dollar Franc USD/CHF continues to move within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9876. At this point, we should expect an attempt to test the support area near the level of 0.9840 and continue the growth of the US Dollar against the Swiss Franc with a target above 0.9970. USD/CHF forecast & technical analysis August 22, 2018 In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the indicator…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of a downward correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 67.35. At this point, we should expect an attempt to test the lower limit of the channel near the area of 66.95 rubles for the US dollar and the continued growth of the pair in the area above the level of 70.00. USD/RUB forecast & technical analysis August 22, 2018 In favor of the growth of the pair USD/RUB, a…