Currency pair Pound Yen GBP/JPY completes the trading week near the level of 155.46. The pair continues to move within the rally and the bullish channel. A ”Head and Shoulders” reversal pattern is also forming here. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the currency and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to continue price growth and test the resistance area near the level of 156.75. Further, a rebound down and an attempt to…
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forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Currency pair Euro Yen EUR/JPY completes the trading week near the level of 130.44. The pair continues to move within the correction and left the bullish channel. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the currency and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to raise the price and test the resistance area near the level of 131.25. Further, a rebound downward and an attempt to continue the fall of the pair with a potential…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the ”Triangle” model, uncertainty remains, although prices are trying to go beyond the upper border of this model. Moving averages indicate a short-term bearish trend for the pair. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the European currency and a potential continuation of the fall in asset quotes from current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1331. As part of the Forex forecast for December 30,…
Currency pair Pound/Dollar GBP/USD continues to move within the framework of strong growth and a downward channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on FOREX is 1.3455. Moving averages indicate a short-term bearish trend. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to correct the price of the British Pound against the US Dollar and test the resistance area…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the currency pair and a potential continuation of the growth in the value of the instrument already from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7233. At the moment, we should expect an attempt to develop a bullish correction and…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 114.96. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area between the signal lines, which indicates pressure from the US Dollar buyers and a potential continuation of price growth from the current levels. As part of the forecast for the Japanese Yen rate for December 30, 2021, we should expect…
Brent continue to move within the growth and bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 78.54 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have broken the area between the signal lines up, which indicates pressure from buyers of ”Black Gold” and a potential continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of $ 79.45 per barrel. Further, the beginning of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2809. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the areas between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the pair of prices in the near future. At the moment, we should expect an attempt to continue the development of the decline and test…
GOLD continue to move within the fall and the bullish channel. There is also a potential for the formation of a “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the price of GOLD is 1790 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the…
Silver continue to move as part of the fall and the formation of the bearish pattern ”5-0”. At the time of the publication of the forecast, Silver prices are at 22.58 and have already experienced a strong fall from the resistance level. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall in value from the current levels. At the moment, we should expect an attempt to develop the growth in the value of the metal and a…