Quotes of BRENT oil continue to move within the framework of the formation of the bearish wave model of Wolfe. The potential purpose of the fall is the area below the level of 44 dollars per barrel. At this point, we should expect a rebound and the growth of quotations of oil above the level of $ 50 per barrel. Analysis and BRENT prediction oil prices on July 20, 2017 In favor of oil growth is the test of the support line on the indicator of relative strength index (RSI). The cancellation of the option will be followed by a…
Author: forex24pro
Quotes of the Dollar/Yen USD/JPY continue to move in the bearish channel. It is worth waiting for an attempt to continue the decline of the pair in the area below the level of 110.95. In favor of the fall of the Dollar/Yen pair is the resistance line test on the relative strength indicator. USD/JPY prediction & analysis on July 20, 2017 Cancellation of the fall option will break through the resistance level with the closing of quotations above the area of 112.50, indicating that continued growth. Among the important news from Japan, which can have a strong impact on the…
The currency pair pound/dollar GBP/USD continues to trade as part of the start of the development of the downward Woolf wave model. At the moment, there is an attempt to increase the quotations to the area above the level of 1.3140, where the new price is expected to fall below the 1.28 level of the pound dollar. GBP/USD prediction & analysis on July 20, 2017 In favor of the rebound, the support line test is performed on the relative strength indicator. In the event of a breakdown of the level of 1.2950, one should expect the pair to continue to…
Currency pair EUR/USD continues to be traded within the framework of the rising channel. It is worth waiting for an attempt to test the upper border of the channel at 1.1570, where again we should expect the Euro/Dollar decline to fall below 1.1440. EUR/USD prediction & analysis on July 20, 2017 In favor of reducing the pair is the test of the trend line on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the level of 1.16, which will indicate the continuation of growth above the level…
Currency pair Australian Dollar to US Dollar AUD/USD is trading at 0.7931. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair Australian Dollar/US Dollar. The pair AUD/USD is expected to fall to the level of 0.7850, from which it is expected to try to grow and develop the bullish trend for the pair AUD/USD with the target of growth near the 0.8040 level. Australian Dollar forecast FOREX on July 20, 2017 Earlier, we received a weak signal for purchases of the Australian Dollar/US Dollar, due to…
Currency pair British Pound to US Dollar GBP/USD is trading at 1.3042. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in the pair Pound/Dollar. The pair GBP/USD is expected to fall to the level of 1.2990, from which it is expected to try to grow and develop the bullish trend for the pair GBP/USD with a target to growth near the level of 1.3190. British Pound forecast GBP/USD on July 20, 2017 Earlier, a medium strength signal was received for buying of the Pound/Dollar pair, due to the…
Currency pair New Zealand Dollar to US Dollar NZD/USD is trading at 0.7370. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair New Zealand Dollar/US Dollar. The pair NZD/USD is expected to fall to the level of 0.7330, from which it is expected to try to grow and develop the bullish trend for the pair NZD/USD with the target of growth near the level of 0.7440. New Zealand Dollar forecast NZD/USD on July 20, 2017 Earlier, a strong signal was received for purchases of the pair New…
Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9541. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Franc. The pair USD/CHF is expected to rise to the level of 0.9580, from which it is expected to try to fall and develop the bearish trend for the pair Dollar/Franc with the target to decrease near the level of 0.9470. Dollar Franc forecast USD/CHF on July 20, 2017 Earlier, a medium strength signal was received for the sale of the Dollar/Franc, due to the crossing of the…
Currency pair US Dollar to Canadian Dollar USD/CAD is trading at 1.2623. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the pair US Dollar/Canadian Dollar. The pair USD/CAD is expected to rise to the level of 1.2690, from which it is expected to try to fall and develop the bearish trend for the pair USD/CAD with the target of a decrease near the level of 1.2480. Canadian Dollar forecast USD/CAD on July 20, 2017 Earlier, a strong signal was generated for the sales of the pair US Dollar/Canadian…
Currency pair Euro to US Dollar EUR/USD is trading at 1.1527. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair Euro/Dollar. The EUR/USD is expected to fall to the level of 1.1480, from which it is expected to try to grow and develop the bullish trend with the target of growth near the level of 1.1670. EUR/USD forecast Euro to Dollar on July 20, 2017 Earlier, a strong signal was received for buying of the Euro/Dollar pair, due to crossing of the signal lines at the level…