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 1.1683. At this point, we should expect an attempt to test the upper limit of the «Triangle» model near the area of 1.1720, from which we should expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1550. EUR/USD forecast & technical analysis August 2, 2018 In favor of falling quotations EUR/USD will test the resistance line on the…
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 Pound to the US Dollar is 1.3127. At this point, we should expect an attempt to test the resistance area near the level of 1.3160, 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 1.2935. GBP/USD forecast & technical analysis August 2, 2018 In favor of reducing the pair on Forex will…
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 rate of the Australian Dollar against the US dollar is 0.7413. At the moment, we should expect an attempt to test the resistance area near the level of 0.7430 and continue falling quotations in the area below the level of 0.7300. AUD/USD forecast & technical analysis August 2, 2018 In favor of the fall of the AUD/USD pair, the trend line test will be performed on the relative strength…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At the time of publication of the forecast, the rate of the US Dollar to the Japanese Yen is 111.86. At this point, we should expect an attempt to test the bottom of the uplink near the level of 111.45 and continue the growth of the pair USD/JPY in the area above the level of 112.90. USD/JPY forecast & technical analysis August 2, 2018 In favor of the growth of the pair USD/JPY will perform a test of the support line…
Quotes of BRENT continue to move in line with the decline. At the time of publication of the forecast, the price of BRENT oil is $ 72.87 per barrel. At the moment, we should expect an attempt to test the upper border of the descending canal near the level of $ 73.50 per barrel. Further, the continued fall in oil prices in the area below the level of $ 71.60. BRENT forecast & technical analysis August 2, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of the reduction and formation of the «Wedge» model. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3019. At this point, we should expect an attempt to test the support level near the area of 1.2970 and continue the growth of the pair in the area above the level of 1.3185. USD/CAD forecast & technical analysis August 2, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line…
Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the price of GOLD is 1222 dollars per ounce. At this point, we should expect an attempt to test the upper border of the channel near the area of 1225. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below 1200. XAU/USD forecast GOLD & analysis August 2, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI). Canceling the option…
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 to the US Dollar is 0.6802. At this point, we should expect a test of resistance level near the area of 0.6825 and continuation of the fall in the area below the level of 0.6645. NZD/USD forecast & technical analysis August 2, 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 bearish channel. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9911. At the moment, we should expect an attempt to test the resistance area near the level of 0.9945 and continue the decline of the US Dollar against the Swiss Franc with a target below 0.9795. USD/CHF forecast & technical analysis August 2, 2018 In favor of the fall of the pair, the Dollar/Franc will perform a resistance line test on the 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 correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar rate to the Russian Ruble is 62.73. At the moment, we should expect an attempt to test the lower limit of the «Triangle» model near the level of 62.25 rubles for the US Dollar and start the pair’s growth in the area above the level of 65.60. USD/RUB forecast & technical analysis August 2, 2018 In favor of the growth of the pair USD/RUB will perform a test…