The currency pair Euro Dollar EUR/USD continues to move within the bearish trend. At the moment, we should expect a test of the upper border of the channel near the level of 1.1730, from which we should expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1520. EUR/USD forecast & technical analysis May 25, 2018 In favor of falling quotations EUR/USD will test the downward trend line on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price decline will result in a strong growth and breakdown…
Author: forex24pro
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 1.3420, where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The target of the fall of the pair GBP/USD is the area below the level of 1.3050. GBP/USD forecast & technical analysis May 25, 2018 In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). Cancellation…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of the formation of the bearish model «Wolfe Wave». At the moment, we should expect the test of the resistance area test near the level of 0.7580 and the continuation of the fall of quotations in the area below the level of 0.7410. AUD/USD forecast & technical analysis May 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 index (RSI). The cancellation of the drop in the Australian Dollar quotations will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction. At the moment, we should expect a test of the resistance area near the level of 110.55 and continuation of the fall of the pair in the area below the level of 107.20 as part of the start of the development of the «Head and Shoulders» reversal model. USD/JPY forecast & technical analysis May 25, 2018 In favor of the fall of the pair USD/JPY, the trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of…
Quotes of BRENT continue to move within the bullish channel. At the moment, we should expect an attempt to test the resistance area near the level of 80.30 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 71.40. BRENT forecast & technical analysis May 25, 2018 In favor of falling 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 81.50 dollars per barrel, which…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in correction and formation of the «Triangle» model. At this point, we should expect an attempt to test the support level near the area of 1.2810 and continue the growth of the pair in the area above the level of 1.3180. USD/CAD forecast & technical analysis May 25, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth option on Forex will be the fall and…
Quotes of GOLD continue to move within the correction. At this point, we should expect an attempt to test the resistance level near area 1305. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1260. XAU/USD forecast & technical analysis May 25, 2018 In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI), as well as test the upper boundary of the bearish channel. The reversal of the decline in GOLD prices will be a strong…
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 0.6940 and continue falling to the area below the level of 0.6750. NZD/USD forecast & technical analysis May 25, 2018 In favor of the fall of NZD/USD, a breakdown of the support line will occur on the indicator of relative strength index (RSI). The cancellation of the New Zealand Dollar quotation will result in a strong growth and breakdown at the level of 0.7010,…
Currency pair Dollar Franc USD/CHF continues to move within a bearish correction. At the moment, we should expect an attempt to test the lower limit of the channel near the area of 0.9885 and continue the growth of the US Dollar against the Swiss Franc with a target above the level of 1.0220. USD/CHF forecast & technical analysis May 25, 2018 In favor of the growth of the Dollar/Franc, the formation of the reversal model «Head and Shoulders» will appear on the indicator of relative strength index (RSI). Cancellation of the growth of the pair USD/CHF on Forex will be…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction and the «Triangle» model. At the moment, we should expect a test of the support area test near the level of 61.00 and continue the growth of the pair in the area above the level of 63.50. USD/RUB forecast & technical analysis May 25, 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), as well as the formation of the bullish «Wolfe Wave» model. Canceling the growth of the pair…