Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the development of the downward Wolfe Wave pattern. Moving averages indicate a short-term bearish trend. Prices went down from 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 0.7063. At the moment, we should expect an attempt to…
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 within the correction and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 104.33. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, 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 for the Japanese Yen exchange rate for October 29, 2020,…
Brent 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 Brent crude oil is $ 40.42 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 continue the correction and test the…
GOLD continue to move within the framework of a strong fall and the beginning of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the price of GOLD is 1880 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices went far down from 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 1905 area. Where can…
Silver continue to move within the framework of a strong fall and the beginning of the development of the “Head and Shoulders” reversal pattern. At the time of the release of the forecast, Silver prices are at $ 23.40. Moving averages indicate a bearish trend. Prices went down from 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 bullish correction in the value of the metal and a test of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the formation of the “Head and Shoulders” reversal pattern. 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 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 0.6643. At the moment, we should expect an attempt to continue…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and the downward ascending channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9108. Moving averages indicate a short-term bearish trend for the pair. 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 fall in the US Dollar rate against the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the ascending channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 78.57. Moving averages indicate a short-term sideways trend. Prices have broken the area between the signal lines upward, which indicates pressure from buyers of the US 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 29, 2020, we should expect an attempt to develop a…
BTC/USD are trading at 13226 and continue to move within the framework of a strong growth and an upward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 242,016,528,209. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, October 29, 2020, we should expect an attempt to develop a downward…
Ethereum are trading at 387.51 and continue to move within the correction and the upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 43,695,854,093. Moving averages indicate a short-term bullish trend for Ethereum. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt at a bearish correction in the value of the coin and a test of the support level near the 382.55…