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 are testing the area between the signal lines, 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 forecast, the rate of the Australian Dollar to the US Dollar is 0.7292. At the moment, we should expect an attempt to develop a rise and test the…
Author: forex24pro
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the rise and the beginning of the development of the ”Triangle” model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.88. Moving averages indicate a short-term bullish trend for the pair. Prices have broken down the area between the signal lines, which indicates pressure from the sellers of the US Dollar and a potential continuation of the price decline from the current levels. As part of the forecast for the…
Brent continue to move in line with growth. At the time of the publication of the forecast, the price of Brent crude oil is $ 71.78 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 already 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 $ 70.35 per barrel. Further, the…
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 1.2606. Moving averages indicate a short-term bullish trend for the pair. Prices are again pushing 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 level near the…
GOLD continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the price of GOLD is 1816 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices are again testing the areas between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the decline from the current levels. At the moment, we should expect an attempt to develop a rise and test the resistance level near the area of 1820. Where can we…
Silver continue to move within a minor correction and a downward channel. At the time of this forecast, Silver prices are at 24.16. 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 a rise in the value of the metal and a test of the resistance level near the area of 24.65. Where can we expect a rebound and the continuation…
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 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 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 0.7005. At the moment, we should expect…
Currency pair Dollar Franc USD/CHF continues to move as part of the development of the next correction and the formation of the ”Triangle” model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9145. Moving averages indicate a short-term bullish trend for the pair. Prices broke through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to develop a fall in the US Dollar…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the beginning of the development of the ”Head and Shoulders” reversal pattern and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.52. Moving averages indicate a short-term bullish trend. Prices broke down 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 dollar exchange rate…
BTC/USD are trading at 47939 and continue to move as part of the correction and the bullish channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $895,838,740,054. Moving averages indicate a short-term bullish 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 already from the current levels. As part of the cryptocurrency rate forecast for tomorrow, August 31, 2021, we should expect an attempt to develop…