USDCAD Forex Forecast 24th_28th June 2019




USDCAD Forecast 24th_28th June 2019




Technical Analysis

Technical Analysis USDCAD 24th_28th June 2019





Technical Analysis USDCAD 24th_28th June 2019
MA200 – H4
Fibo - H4
Trendline - H4
SELL
SELL
SELL

Weekly Forex Forecast and Analysis USDCAD 24th_28th June 2019

The pair of usdcad during the coming week will see a decline in the momentum and move in a fixed area but the usdcad pair will be on sale. All the technical and fundamental indicators confirm the weakness of the Canadian dollar against the US dollar. to up.
We expect the week to fall from 24 to 28 June 2019 to USDCAD and thus we enter the long term trading on the pair, we advise not to rush into trading and expectations for next week from 24th to 28th June 2019 USDCAD pair over the next week will be for sale from current prices.

Looking at the daily chart we notice USD/CAD eying the lower end of the trading zone 1.3150 – 1.3288 contingent on closing below the higher end. Although, the weekly supports at 1.3390 need to be kept in focus.

Further bearishness might require a close below the lower end of the trading zone. This could mean USD/CAD head towards 1.3087.


Alongside, the Relative Strength Index (RSI) U turned crossing below 50 on June 18 indicating to the sellers’ come back.

USDCAD Update June 21st, 2019 – USDCAD rides the Fed wave

USD/CAD Open: 1.3178-1.3179   
Overnight Range: 1.3151-1.3290
The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $56.03 and gold is at $1,387. US markets are higher today.
The Canadian dollar soared yesterday and continued to climb in overnight trading.
The Federal Open Market Committee (FOMC) left US interest rates unchanged as was almost universally expected. However, the degree of dovishness in the tone of the statement was not. That dovishness knocked the US dollar for a loop, and it fell dramatically against all the major G-10 currencies. The Canadian dollar climbed an impressive 1.5% since yesterday’s Toronto opening level.
The Canadian dollar got an added lift from better than expected domestic inflation data and a surge in West Texas Intermediate (WTI) oil prices. Canada May CPI surprised to the upside rising 2.1% year over year, which beat the forecast for a 2.0% gain. More importantly, Core CPI rose 2.4%. The rise in inflation supports the Bank of Canada’s baseline outlook that the domestic economy would recover in the second-half and diminishes the risk that the BoC would lower interest rates.
The 9.6% rise in WTI prices since last week has provided another layer of support to the Canadian dollar. Traders ignored yesterday’s Energy Information Administration (EIA) report that US crude stocks declined in the previous week. Instead, they focused on reports that the China/US trade negotiations would resume after President Trump meets with President Xi Jinping at the Osaka G-20 meeting on June 28-29. The prospect that a trade deal would reinvigorate global economic growth, spurring oil demand, underpinned prices. Furthermore, OPEC and non-OPEC meetings at the beginning of July are expected to result in an extension to the existing production cuts, adding to the price support.
The Fed statement overshadows today's US data, making it a non-event.
Today’s Suggested Range USD/CAD: 1.3130 – 1.3230Weekly Forex Forecast and Analysis USDCAD 24th_28th June 2019
The pair of usdcad during the coming week will see a decline in the momentum and move in a fixed area but the usdcad pair will be on sale. All the technical and fundamental indicators confirm the weakness of the Canadian dollar against the US dollar. to up.
We expect the week to fall from 24 to 28 June 2019 to USDCAD and thus we enter the long term trading on the pair, we advise not to rush into trading and expectations for next week from 24th to 28th June 2019 USDCAD pair over the next week will be for sale from current prices.

Looking at the daily chart we notice USD/CAD eying the lower end of the trading zone 1.3150 – 1.3288 contingent on closing below the higher end. Although, the weekly supports at 1.3390 need to be kept in focus.

Further bearishness might require a close below the lower end of the trading zone. This could mean USD/CAD head towards 1.3087.

Alongside, the Relative Strength Index (RSI) U turned crossing below 50 on June 18 indicating to the sellers’ come back.

Daily Forex Forecast and Analysis USDCAD 24th_28th June 2019




We reach the Canadian dollar against the US dollar to the level of 1.3285 and then go directly into the sale of Canadian against the US dollar.
Technical indicators, Fibo ratios and the 200 MA and the supply and demand index support the decline and weakness of the Canadian dollar against the US dollar.
The daily forecast for the USDCAD pair over the next week, we expect a bearishness for the usdcad pair from the current prices and therefore we will enter the sell trades on the USDCAD pair
http://www.weekly-daily-analysis.co/

The general trend USDCAD 24th_28th June 2019

For selling





USDCHF Forex Forecast 24th_28th June 2019




Weekly USDCHF  Forecast 24th_28th June 2019

Technical Analysis

Technical Analysis USDCHF 24th_28th June 2019





Technical Analysis USDCHF 24th_28th June 2019
MA200 – H4
Fibo - H4
Trendline - H4
SELL
SELL
SELL

Weekly Forex Forecast and Analysis USDCHF 24th_28th June 2019




During the week 24th_28th June 2019 Swiss Franc will fall from the current price against the US Dollar.
Expect next week from 24 to 28 May further downside but after a little bounce and correction upward.
All technical and fundamental indicators confirm the decline of the Swiss franc against the US dollar.
In favor of the growth of a pair of dollar franc will test the rising trend line on the indicator of relative strength index (RSI). The second signal will be a rebound from the lower boundary of the model «Wolfe Wave». Cancellation of the option of raising the pair USD/CHF on FOREX will be the fall and the breakdown of the area of ​​0.9740. This will indicate a breakdown of the support level and a continued decline in the USD/CHF quotes to the area below the level of 0.9605. Expect acceleration of growth of the USD/CHF quotes with the breakdown of the resistance area and closing above the level of 0.9885.

Daily Forex Forecast and Analysis USDCHF 24th_28th June 2019




During the week 24th_28th June 2019 Swiss Franc to weaken against the US Dollar Technical indicators, the Fibo and the 200 moving average confirm the decline of the Swiss franc.
We expect the next week from 24 to 28 May further drop of the target 0.9600
All technical and fundamental indicators confirm the decline of the Swiss franc against the US dollar.
http://www.weekly-daily-analysis.co/

The general trend USDCHF 24th_28th June 2019




For selling





Gold  Forecast 24th_28th June 2019




Weekly Gold  Forecast 24th_28th June 2019




Technical Analysis

Those interested in global financial markets often pay close attention to the price of real gold, as well as its daily, weekly, monthly and historical fluctuations. Traders are also closely monitoring gold price forecasts, not only for the potential impact on their portfolios, but also for important information on the health of economies around the world. For example, rising gold prices could signal uncertainty or potential upside, as investors tend to turn to gold as a safe haven asset when other financial instruments are in trouble.
This gold price chart provides you with gold spot price data - or information on the current gold price - to help you make informed trading decisions. Its name, XAU / USD, comes from "X", an abbreviation for "index" (gold traded on indices), "AU", the official designation of gold in the periodic table of elements and "USD", the symbol. for the US dollar (the currency in which gold prices are quoted).

Technical Analysis Gold 24th_28th June 2019





Technical Analysis Gold 24th_28th June 2019
MA200 – H4
Fibo - H4
Trendline - H4
SELL
SELL
SELL

Weekly Forecast and Analysis Gold 24th_28th June 2019




The next week from May 24 to 28, the gold correction is expected to fall from the current price. The price of gold has risen significantly over the past week and we expect next week to drop towards 1.1334.
GOLD continues to evolve within the growth channel and uptrend channel. At the time of publication of the forecast, the price of gold was $ 1384 per Troy Oz. Exchange rates indicate a bullish trend in the short term. For the moment, we should expect a correction attempt and a support level test near the 1334 area.
XAU / USD quotes, a test of the rising trend on the relative strength index (RSI) will be made. The second signal will be rebounded from the lower boundary of the rising channel. This article is only available in the following languages: Expansion of the option of raising the price of GOLD on June 21, 2019 the acceleration of growth of XAU / USD with the breakdown of the resistance and closing above 1395.

Daily Forecast and Analysis Gold 24th_28th June 2019




We expect gold for the next week from 24 to 28 May 2019 correction and decline until the price of 1.1334, gold is currently in a strong resistance zone and all technical indicators confirm the gold drop from the current price and target target 1.1334.

http://www.weekly-daily-analysis.co/

The general trend Gold 24th_28th June 2019

For selling




Dax 30  Forecast 24th_28th June 2019




Weekly Dax 30  Forecast 24th_28th June 2019




Technical Analysis


Technical Analysis Dax 30 , 24th_28th June 2019

Technical Analysis Dax 30, 24th_28th June 2019
MA200 – H4
Fibo - H4
Trendline - H4
SELL
SELL
SELL

Weekly Forecast and Analysis Dax30, 24th_28th June 2019

The German DAX rate in recent weeks has risen significantly and currently the DAX is moving in a strong resistance zone and therefore we expect the German DAX next week to drop from the current price of 11.928.
All technical and economic indicators for Europe support and confirm the weakness of the German DAX next week from 24 to 28 May 2019.

Daily Forecast and Analysis Dax30, 24th_28th June 2019




The next week from 24 to 28 May 2019 DAX will only be for sell.
The DAX 30 stock indexes continue to evolve as part of the correction and early development of the "Triangle" model. At the time of the forecast, the exchange rate for the index was 11902. Moving averages indicate a downward trend. As part of the DAX 30 exchange rate forecast on June 21, 2019, we should expect an attempt to grow and test the resistance level near the 12474 area. Where should we expect a rebound? and continuing the fall of the DAX 30 in the area below the level of 11928.

http://www.weekly-daily-analysis.co/

The general trend Dax30, 24th_28th June 2019

Dax 30 is for sell




What is the German DEX index?

DAX 30 or GER 30 was first published on 1 July 1988 under the name of DAX on the Frankfurt Stock Exchange. Its value depends on the price of the 30 largest companies listed on the Frankfurt Stock Exchange. Trading hours of course, like other European stock exchanges, are on the Frankfurt Stock Exchange from 9:00 am to 5:30 pm Paris time. The TBS 30 is generally considered a performance indicator, which means that corporate profits are included. For example, for Euro Stoxx 50. If a company wishes to join the DAX, it must be listed in the Prime Prime, be exchanged on Xetra permanently and have a free margin of at least 10%. In addition, the company's registered office must be located in the German state on the European continent or, if the stock trading volume is concentrated in Frankfurt, the company's registered office in the European Union must be one of the necessary conditions. The most powerful companies are listed in the German DAX in terms of market capitalization: Bayer (BAYN), Daimler (DAI), Siemens (SIE), Allianz (ALV), BASF (BAS). The development of the country reflects the evolution of the country's economic situation and is therefore an indicator of the growth of the European economy and the German economy. As Germany alone accounts for almost a third of the Eurozone's economy, the DAX can represent European economic health, as we said before, and the DAX 30 includes its European CAC 40 peers in France and FTSE 100 in the UK and other indicators to come. Strong countries in the European Union.
One of the characteristics of the German DAX is that it is highly liquid and therefore good to trade in case you have a large capital and it respects long and short term technical analysis




Oil  Forecast 24th_28th June 2019




Weekly Oil Forecast 24th_28th June 2019




Technical Analysis


Technical Analysis Oil , 24th_28th June 2019





Technical Analysis Oil , 24th_28th June 2019
MA200 – H4
Fibo - H4
Trendline - H4
SELL
SELL
SELL

Weekly Forecast and Analysis Oil, 24th_28th June 2019

We expect oil over the next week from 24 to 28 May 2019 move in a tight zone so oil will be for sale after a little climb, the targets are shown in the chart.
BRENT continue to move in growth. At the time of the publication of the forecast, the price of BRENT oil is $ 63.60 per barrel. Moving averages indicate a short-term upward trend in oil. At the moment, we should expect an attempt to continue the decline and a test of the support level near the area of ​​55.10 dollars per barrel.

Daily Forecast and Analysis Oil , 24th_28th June 2019




Oil is currently in a good area for sale for the price of 55.30
http://www.weekly-daily-analysis.co/

The general trend Oil , 24th_28th June 2019




Oil is for sell .
Target is 55.30.



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