Currency pair Pound/Dollar GBP/USD 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 Pound/US Dollar rate on Forex is 1.2878. 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 of the asset. 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 1.2975. Where…
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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 slightly broke the area between the signal lines upwards, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall 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 0.7183. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a bullish correction and a downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 105.54. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines again, which indicates pressure from US Dollar buyers and a potential continuation of price growth from current levels. As part of the forecast for the Japanese Yen rate for October 2, 2020, we should expect an…
Brent continue to move as part of a strong correction. At the time of the publication of the forecast, the price of Brent crude oil is $ 40.40 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have broken the area between the signal lines down, which indicates pressure from sellers of “Black Gold” 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 correct and test the support level near the area of $ 39.90 per barrel. Further, the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3290. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the price pair growth in the near future. At the moment, we should expect an attempt to develop a decline and test the support level near the 1.3265 area. Further,…
GOLD continue to move within the bullish correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1908 Dollars per Troy Oz. 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 asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1915 area. Where can we expect a rebound and the continuation of the fall in…
Silver continue to move within the correction and the downward channel. At the time of the publication of the forecast, Silver prices are 24.00 USD. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the asset value from the current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the metal and a test of the resistance level near the area of 24.15. Where can we expect a rebound and the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern on higher timeframes. Moving averages indicate a short-term bearish trend for the pair. Prices slightly broke through the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall of the instrument in the near future. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6643.…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the upward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9186. Moving averages indicate a short-term bullish trend for the pair. Prices slightly broke through the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s value growth from the current levels. At the moment, we should expect an attempt to develop a correction in the US Dollar rate against the Swiss Franc and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 77.47. Moving averages indicate a short-term bullish trend. Prices are again pushing 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 2, 2020, we should expect an attempt to develop…