Silver are completing the trading week near the 24.10 area. Quotes continue to move as part of the fall and the beginning of the ”Triangle” pattern. Moving averages indicate a bullish trend for the pair. However, prices broke through the area between the signal lines downward, which indicates pressure from sellers of the metal and a potential continuation of the decline from the current levels. At the moment, we should expect an attempt to develop a slight bullish correction in the value of the asset and a test of the resistance level near the area of 24.85. Further, the continuation…
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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/Dollar EUR/USD continues to move as part of the correction and the formation of an inverted “Head and Shoulders” reversal pattern on higher timeframes. 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 of the European currency and a potential continuation of the growth of asset quotes from current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1851. As part of the Forex forecast for September 8, 2021, we should expect an attempt to develop…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the formation of a large ”Triangle” pattern on higher timeframes. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3791. 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 currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to raise the British Pound against the US Dollar and…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and left the bullish channel. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, 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 0.7391. At the moment, we should expect an attempt to develop a rise and test…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 119.21. Moving averages indicate a short-term bullish trend for the pair. Prices have broken the area between the signal lines upwards, 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 Japanese Yen rate for…
Brent continue to move in the framework of the rise and the bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 71.65 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing 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 $…
Currency pair US Dollar to Canadian Dollar USD/CAD continues 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 Canadian Dollar is 1.2635. 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 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 fall 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 1797 Dollars per Troy Oz. Moving averages indicate a short-term bullish 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 1745 area. Where can we…
Silver continue to move within a minor bullish correction and bearish channel. At the time of the forecast release, Silver prices are at 24.34. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from selling 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 of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and left the bullish channel. 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 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 0.7095. At the moment, we should…