The currency pair Euro Dollar EUR/USD continues to move within the framework of growth and formation of the «Triangle» model. At the time of publication of the forecast, the euro exchange rate is 1.1699. At this point, we should expect an attempt to test the lower boundary of the model near the area of 1.1690, where we can expect an attempt to rebound and continue the growth of the Euro/Dollar with a target above 1.1850. EUR/USD forecast & technical analysis July 12, 2018 In favor of the growth of EUR/USD quotations, a test of the support line will be made…
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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 correction and the descending channel. At the time of publication of the forecast, the Pound/Dollar rate is 1.3245. At this point, we should expect an attempt to test the upper border of the channel near the level of 1.3280, where again we should expect a rebound and the continued decline of the Pound against the Dollar. The goal of the fall of the GBP/USD pair is the low level area of 1.2980. GBP/USD forecast & technical analysis July 12, 2018 In favor of reducing the pair at Forex, a resistance…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of working off the bearish model «Wolfe Wave». At the time of publication of the forecast, the Australian Dollar to the US Dollar rate is 0.7389. At the moment, we should expect a test of the resistance area near the level of 0.7435 and the continuation of falling quotations in the area below the level of 0.7245 as part of the model’s development. AUD/USD forecast & technical analysis July 12, 2018 In favor of the fall of the pair AUD/USD will perform a test of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the growth and bullish channel. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 111.21. At this point, we should expect an attempt to test the support area near the level of 110.90 and the continued growth of the pair USD/JPY in the area above the level of 112.00. USD/JPY forecast & technical analysis July 12, 2018 In favor of the growth of the pair USD/JPY will test the upward trend line on the indicator of relative…
Quotes of BRENT continue to move within the lateral movement. At the time of publication of the forecast, the price of BRENT oil is 76.99 dollars per barrel. At this point, we should expect an attempt to test the resistance area near the level of 77.60 dollars per barrel. Further continuation of the fall of oil in the area below the level of 73.00. BRENT forecast & technical analysis July 12, 2018 In favor of lower quotations and prices for oil BRENT will perform a test of a broken trend line on the indicator of relative strength index (RSI), as…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the rising channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3166. At this point, we should expect an attempt to test the support level near the area of 1.3130 and continue the growth of the pair in the area above the level of 1.3350. USD/CAD forecast & technical analysis July 12, 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…
Quotes of GOLD continue to move within the fall and bearish channel. At the time of publication of the forecast, the GOLD price is 1249 dollars per ounce. At this point, we should expect a test of the resistance level near the area of 1255. Where can we expect a rebound and the continuation of the fall in the price of gold with a target below the level of 1220. XAU/USD forecast & technical analysis July 12, 2018 In favor of falling quotations XAU/USD will test the resistance area on the indicator of relative strength index (RSI). The cancellation of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the limits of the decline. At the time of publication of the forecast, the rate of the New Zealand Dollar against the US Dollar is 0.6794. At this point, we should expect an attempt to test the resistance level near the area of 0.6825 and continue falling to the area below the level of 0.6710. NZD/USD forecast & technical analysis July 12, 2018 In favor of reducing the pair NZD/USD will perform a downtrend test on the indicator of relative strength index (RSI). The…
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 0.9944. At the moment, we should expect an attempt to test the support area near the level of 0.9900 and continue the growth of the US dollar against the Swiss Franc with a target above 1.0050 as part of the «Triangle» model development. USD/CHF forecast & technical analysis July 12, 2018 In favor of the growth of the Dollar Franc, an uptrend test on…
Currency pair US Dollar Russian Ruble USD/RUB continues movement within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 62.21. At the moment, we should expect an attempt to test the support area near the level of 62.15 Ruble for the US dollar and continue to grow the pair in the area above the level of 65.00. USD/RUB forecast & technical analysis July 12, 2018 In favor of the growth of the pair USD/RUB, the test of the support area on the…