The currency pair Euro Dollar EUR/USD continues to move within the framework of the formation of the bearish «Wolfe Wave» model. At the moment, we should expect a test of the resistance level near the area of 1.2420, where again we should expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below the level of 1.2200. EUR/USD forecast & technical analysis April 19, 2018 In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength index (RSI). Cancellation of the variant of the Euro Dollar price decline will…
Author: forex24pro
Currency pair Pound Dollar GBP/USD continues to move within the framework of the growth and formation of the bearish model «Wolfe Wave». At this point, we should expect a test of resistance level near the area of 1.4350, where again we should expect a rebound and the continuation of the fall of the Pound against the Dollar. The goal of the fall of the GBP/USD pair and the development of the «Wolfe Wave» model is below 1.3900. GBP/USD forecast & technical analysis April 19, 2018 In favor of the fall of the pair on Forex will test the trend line…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction. At the moment, we should expect an attempt to test the resistance area near the level of 0.7780 and continue falling quotations in the area below the level of 0.7600. AUD/USD forecast & technical analysis April 19, 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 in a strong growth and a breakdown at the level…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction. At this point, we should expect an attempt to test the resistance area near the level of 107.70 and continue the fall of the pair into the area below the level of 105.80. USD/JPY forecast & technical analysis April 19, 2018 In favor of the fall of the pair USD/JPY will test the resistance line on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head and Shoulders». The cancellation of the fall variant of the…
Quotes of BRENT continue to move in line with growth. At this point, we should expect a test of the support level near the area of 71.40 dollars per barrel. Further, the continued growth of oil in the area above the level of 74.40. BRENT forecast & technical analysis April 19, 2018 In favor of the growth of quotations and prices for oil BRENT will perform a test of the support line on the indicator of relative strength index 9RSI). Abolition of the variant of oil price growth will be a drop and breakdown of the level of 69.00 dollars…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the limits of the decline. At this point, we should expect an attempt to test the support level near the level of 1.2540 and continue the growth of the pair in the area above the level of 1.2780. USD/CAD forecast & technical analysis April 19, 2018 In favor of the growth of quotations of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength, as well as the formation of the bullish «Shark» model. The cancellation of the USD/CAD growth option on…
Quotes of GOLD continue to move within the framework of correction and formation of the «Triangle» model. At this point, we should expect an attempt to test the lower border of the channel near the level of 1340. Where can we expect a rebound and the continued growth in the price of gold with a target above the level of 1365. XAU/USD forecast & technical analysis April 19, 2018 In favor of the growth of quotations XAU/USD will perform a test of the support line on the indicator of relative strength index (RSI). Canceling the variant of the price increase…
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 a test of resistance level near the area of 0.7350 and continuation of the fall in the area below the level of 0.7160. NZD/USD forecast & technical analysis April 19, 2018 In favor of the fall of NZD/USD, a test of the broken resistance line will appear on the indicator of relative strength index (RSI). The cancellation of the New Zealand Dollar forex quotation will result in a strong growth and a breakdown at the…
Currency pair Dollar Franc USD/CHF continues to move within the bullish channel. At the moment, we should expect a test of the support level near the area of 0.9640 and the continuation of the US Dollar against the Swiss Franc with a target above 0.9810. USD/CHF forecast & technical analysis April 19, 2018 In favor of the growth of the Dollar Franc pair will test the trend line on the indicator of relative strength index (RSI). The cancellation of the growth of the USD/CHF pair on Forex will be the fall and the breakdown of the area of 0.9610, which…
Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction. At this point, we should expect an attempt to test the bottom of the channel near the level of 60.50 and continue the growth of the pair in the area above the level of 65.00. USD/RUB forecast & technical analysis April 19, 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). Canceling the growth of the pair USD/RUB on Forex will be a drop and a breakdown of the level…