Currency pair Pound/Dollar GBP/USD continues to move as part of a bullish correction. At the time of the publication of the forecast, the Pound/US Dollar rate on Forex is 1.3043. Moving averages indicate a short-term bearish trend. Prices have broken the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the asset’s growth. At the moment, we should expect an attempt to correct the British Pound against the US Dollar and test the resistance area near the level of 1.3120. Where again should we expect a rebound and the…
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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 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 broke through the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continued growth in the value of the instrument. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7265. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near the level of 0.7175.…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the beginning of the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 105.47. Moving averages indicate a short-term bearish trend for the pair. Prices broke the area between the signal lines downward, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast…
Brent continue to move as part of the correction. At the time of the publication of the forecast, the price of Brent crude oil is $ 42.42 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are 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 correct and test the support level near the area of $ 41.45 per barrel. Further, the continued growth of the oil…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3124. Moving averages indicate a short-term bearish trend for the pair. Prices moved down from the area between the signal lines, 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 develop growth and test the resistance level near the…
GOLD continue to move as part of the growth and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1928 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices broke through the area between the signal lines upwards, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the 1900 area. Where can we expect a rebound and continued growth in the price…
Silver continue to move within the framework of strong growth and were able to leave the descending channel. At the time of the forecast publication, Silver prices are at $ 23.38. Moving averages indicate a bearish trend. Prices broke up the area between the signal lines, 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 correction in the value of the metal and a test of the support level near the 24.05 area. Where can we expect a rebound and…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and formation of the “Head and Shoulders” reversal pattern. 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 currency pair and a potential continued growth of the instrument. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6659. At the moment, we should expect an attempt to develop a…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9103. Moving averages indicate a short-term bearish trend for the pair. However, prices broke through the area between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the asset value already from current levels. At the moment, we should expect an attempt to develop a depreciation of the US Dollar against the Swiss…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian ruble is 76.80. 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 American currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for October 13, 2020, we should expect an attempt to develop…