Currency pair Euro Dollar EUR/USD continues its movement within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the Euro to the US Dollar rate is 1.1701. At the moment, we should expect an attempt to test the resistance level near the area of 1.1740, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1405 as part of the «Triangle» model development. EUR/USD forecast & technical analysis July 25, 2018 In favor of falling quotations EUR/USD will test the trend line…
Author: forex24pro
Currency pair Pound Dollar GBP/USD continues to move within the framework of a bullish correction and a bearish channel. At the time of publication of the forecast, the rate of the British Pound to the US Dollar is 1.3124. At this point, we should expect an attempt to test the resistance area near the level of 1.3220, where again we should expect a rebound and a continued decrease in the Pound/Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2740. GBP/USD forecast & technical analysis July 25, 2018 In favor of reducing…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the Australian Dollar to the US Dollar rate is 0.7404. At the moment, we should expect an attempt to test the resistance area near the level of 0.7435 and continue falling quotations in the area below the level of 0.7220. AUD/USD forecast & technical analysis July 25, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator of relative strength…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of the decline. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 111.05. At the moment, we should expect the test of the support area test near the level of 110.65 and the continued growth of the pair USD/JPY in the area above the level of 112.45. USD/JPY forecast & technical analysis July 25, 2018 In favor of the growth of the pair USD/JPY will perform a test of the support area on the indicator…
Quotes of BRENT continue to move within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the price of BRENT oil is $ 73.30 per barrel. At the moment, we should expect an attempt to test the resistance area near the level of 74.10 dollars per barrel. Further, the continued fall in oil prices in the area below the level of 69.50. BRENT forecast & technical analysis July 25, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3146. At the moment, we should expect an attempt to test the support level near the area of 1.3100 and continue the growth of the pair in the area above the level of 1.3350. USD/CAD forecast & technical analysis July 25, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a trend line test on the indicator of relative strength index (RSI). Cancellation of the…
Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the GOLD price is 1226 dollars per ounce. At this point, we should expect an attempt to test the resistance level near the area of 1232. Where can we expect a rebound and the continuation of the fall in the price of gold with a target below the level of 1195. XAU/USD forecast GOLD & analysis July 25, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI), as well as the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction and formation of the «Triangle» model. At the time of publication of the forecast, the New Zealand Dollar rate against the US Dollar is 0.6801. At this point, we should expect an attempt to test the resistance level near the area of 0.6830 and continue falling to the area below the level of 0.6580. NZD/USD forecast & technical analysis July 25, 2018 In favor of reducing the pair NZD/USD will perform a downtrend test on the indicator of relative strength index (RSI).…
Currency pair Dollar Franc USD/CHF continues to move within the bullish channel. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9932. At this point, we should expect an attempt to test the bottom of the channel near the level of 0.9910 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0095. USD/CHF forecast & technical analysis July 25, 2018 In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the indicator of relative strength index (RSI).…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the growth and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 63.05. At the moment, we should expect a test of the support area near the level of 62.30 Rubles for the US Dollar and the pair began to grow in the area above the level of 65.50. USD/RUB forecast & technical analysis July 25, 2018 In favor of the growth of the pair USD/RUB, a trend line test will be performed…