Currency pair Pound/Dollar GBP/USD continues to move as part of a strong fall and a downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2014. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to develop a rise in the price of the British Pound against the US…
Author: forex24pro
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from current levels. At the time of publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6890. At the moment, we should expect an attempt to develop the growth of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the US dollar against the Japanese Yen is 134.58. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth already from current levels. As part of the forecast for the Japanese Yen on June 16,…
Brent continue to move as part of growth and a bullish channel. At the time of publication of the forecast, the price of Brent oil is $125.01 per barrel. Moving averages indicate the presence of a short-term bullish trend in oil. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of Black Gold and a potential continued growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a fall and test the support level near the area of 119.65 dollars per barrel.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and the bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2906. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from purchases and a potential continuation of the price pair growth in the near future. At the moment, we should expect an attempt to develop a fall in prices and a test of the support level…
GOLD continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the price of Gold is 1814 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. Prices bounced off the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the 1835 area. Where should we expect a rebound down…
Silver continue to move as part of the fall and the bearish channel. At the time of the publication of the forecast, the price of Silver is 20.99. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall in value already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the resistance level near the area of 21.65. Where can we expect…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the areas between the signal lines down, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from current levels. At the time of publication of the Forex forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.6227. At the moment,…
Currency pair Dollar Franc USD/CHF continues to move as part of growth and a bullish channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9995. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have gone up from the area between the signal lines, which indicates pressure from buyers and a potential continued growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a depreciation of the US Dollar against…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move within the correction and the downward channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 56.05. Moving averages indicate the presence of a short-term bearish trend. Prices are again pushing the area between the signal lines, which indicates pressure from sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for June 15, 2022, we should expect an attempt to develop…