Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the bullish channel. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 114.66. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, 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 February 2, 2022, we should expect an…
Author: forex24pro
Brent continue to move as part of growth and a bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $89.16 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 correction and test the support level near the area of 84.35 dollars…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2672. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have gone up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the price pair growth in the near future. At the moment, we should expect an attempt to continue the development of price correction…
GOLD continue to move as part of the correction and the beginning of the development of the “Wedge” model. At the time of the publication of the forecast, the price of Gold is 1807 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of 1825. Where…
Silver continue to move as part of the correction and the formation of the “Head and Shoulders” pattern. At the time of the publication of the forecast, the price of Silver is 22.81. Moving averages indicate the presence of a bullish trend that is coming to an end. Prices have broken through the area between the signal lines down, 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 an increase in the value of the metal and a…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of a slight bullish correction and a downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have gone down from the area between the signal lines, 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 0.6606. At…
Currency pair Dollar Franc USD/CHF continues to move as part of a strong downward correction 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 0.9222. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, 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 the development of a…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline and the formation of the “Wolfe Wave” model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 76.64. Moving averages indicate the presence of a short-term bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers 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 February 2,…
BTC/USD are trading at 38347 and continue to move within the correction and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $726,389,936,943. Moving averages indicate a short-term bearish trend for Bitcoin. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of “Digital Gold” and a potential continuation of the fall in the value of the asset already from current levels. As part of the forecast for the cryptocurrency rate for tomorrow, February 2, 2022, we should expect an attempt to develop an…
Ethereum are trading at the level of 2752 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $328,163,303,119. Moving averages indicate a short-term bearish trend for Ethereum. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of…