Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and left the “Triangle” model. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 110.93. Moving averages indicate a short-term bullish trend for the pair. The prices have broken the area between the signal lines upwards, which indicates the pressure from the buyers of the US Dollar and the potential continuation of the rise in prices already from the current levels. As part of the forecast for the Japanese Yen…
Author: forex24pro
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 $ 78.67 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices went up from the area between the signal lines, 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 a decline and a test of the support level near the area of $ 75.65 per barrel. Further,…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the ”Triangle” model. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2641. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the price pair in the near future. At the moment, we should expect an attempt to develop a decline and test the support…
GOLD continue to move as part of the correction and the formation of an inverted “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the price of GOLD is 1752 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices broke through the areas 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 decline and test the support level near the 1740 area. Where can we…
Silver continue to move within the correction and the downward channel. At the time of this forecast, Silver prices are at 22.70. Moving averages indicate a bearish 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 in value from the current levels. At the moment, we should expect an attempt to develop a rise in the value of the metal and a test of the resistance level near the area of 23.45. Where can we expect a rebound and the continuation of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from the current levels. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.7011. At the moment, we should…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the bullish channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9251. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the asset value from the current levels. At the moment, we should expect an attempt to develop a fall in the US Dollar rate against the Swiss Franc…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the formation of the ”Triangle” model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 72.40. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for September 29, 2021, we should expect an…
BTC/USD are trading at 43170 and continue to move as part of a decline and a downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $811,338,531,559. Moving averages indicate a short-term bearish trend for Bitcoin. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of ”Digital Gold” and a potential continuation of the fall in the value of the asset from the current levels. As part of the cryptocurrency rate forecast for tomorrow, September 29, 2021, we should expect an attempt to develop a…
Ethereum are trading at the level of 3045 and continue to move as part of the correction and the beginning of the development of the “Head and Shoulders” reversal pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $353,602,676,728. Moving averages indicate a short-term bearish trend for Ethereum. Prices broke through the areas between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from the current levels. At the moment, we should expect an attempt to develop a…