The currency pair Euro Dollar EUR/USD continues to move within the framework of the decline and formation of the «Triangle» model. At the moment, we should expect a test of the resistance level near the area of 1.1620, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1355 level. EUR/USD forecast & technical analysis July 3, 2018 In favor of falling quotations EUR/USD will form a reversal model «Head and Shoulders» on the indicator of relative strength index (RSI), as well as test the upper limit of the model «Triangle».…
Author: forex24pro
Currency pair Pound Dollar GBP/USD continues to move in the bearish channel. At this point, we should expect an attempt to test the resistance area near the level of 1.3205, where again we should expect a rebound and the continuation of the fall of the Pound against the Dollar. The target of the fall of the GBP/USD pair is the area below the level of 1.2825. GBP/USD forecast & technical analysis July 3, 2018 In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). The cancellation of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the decline and formation of the «Triangle» model. At the moment, we should expect a test of the resistance area near the level of 0.7380 and the continuation of falling quotations in the area below the level of 0.7205. AUD/USD forecast & technical analysis July 3, 2018 In favor of the fall of the pair AUD/USD will perform a test of the broken trend line on the indicator of relative strength index (RSI). The cancellation of the drop in the Australian Dollar quotations will result…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the growth and bullish channel. At the moment, we should expect the test of the support area test near the level of 110.35 and the continuation of the pair’s growth in the area above the level of 111.75. USD/JPY forecast & technical analysis July 3, 2018 In favor of the growth of the pair USD/JPY will test the upward trend line on the indicator of relative strength index (RSI). The cancellation of the growth variant of the Dollar/Yen pair will result in a drop and…
Quotes of BRENT continue to move in line with growth. At the moment, we should expect an attempt to test the resistance area near the level of 78.50 dollars per barrel. Then began the fall of oil in the area below the level of 72.50. BRENT forecast & technical analysis July 3, 2018 In favor of lower quotations and prices for oil BRENT will test the trend line on the indicator of relative strength index (RSI). The abolition of the fall in oil prices will be a strong growth and a breakdown of 81.20 dollars per barrel, which will indicate…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in as part of the decline. At this point, we should expect an attempt to test the resistance level of 1.3240 area and continue falling of the pair in the area below the level of 1.2980. USD/CAD forecast & technical analysis July 3, 2018 In favor of falling quotations of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the USD/CAD fall on the Forex market will be strong growth and breakdown of the area of 1.3290,…
Quotes of GOLD continue to move in a bearish trend. At this point, we should expect an attempt at a resistance level near the area of 1250. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1225. XAU/USD forecast & technical analysis July 3, 2018 In favor of falling quotations XAU/USD will perform a test of a broken trend line on the indicator of relative strength index (RSI). The reversal of the decline in the price of GOLD will be a strong growth and breakdown…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. At this point, we should expect an attempt to test the resistance level near the area of 0.6745 and continue falling to the area below the level of 0.6630. NZD/USD forecast & technical analysis July 3, 2018 In favor of the fall of NZD/USD, a test of the broken trend line will appear on the indicator of relative strength index (RSI). The cancellation of the New Zealand Dollar quotation will result in a strong growth and a breakdown at the level…
Currency pair Dollar Franc USD/CHF continues to move within the framework of correction and formation of the «Triangle» model. At this point, we should expect an attempt to test the support area near the level of 0.9925 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0110. USD/CHF forecast & technical analysis July 3, 2018 In favor of the growth of the Dollar/Franc, an uptrend test on the relative strength index (RSI) will perform. Canceling the growth of the USD/CHF pair on Forex will be the fall and breakdown of the area of…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction. At the moment, we should expect an attempt to test the support area near the level of 62.85 Ruble for the US Dollar and continue to grow the pair in the area above the level of 66.20. USD/RUB forecast & technical analysis July 3, 2018 In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth of the pair USD/RUB on Forex will be a drop and breakdown…