Quotes of the pair USD/JPY US Dollar to Japanese Yen end the trading week near the 105.26 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from US dollar sellers and a potential continuation of the fall. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the 104.45 area. Then, a rebound and continued growth of the pair to the area above the level of 110.35.…
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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.
GOLD completing the trading week near the 1874 area. XAU/USD quotes continue to move within the fall and the ascending channel. Moving averages indicate a bullish trend for Gold. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the upward trend. At the moment, we should expect an attempt to develop a price decline and test the support level near the 1815 area. Further, the GOLD price will continue to rise with a potential target above the level of 2235. GOLD Price Forecast and Analysis September 28 — October 2,…
Currency pair USD/CHF Dollar/Franc ends the trading week near the level of 0.9258. The pair continues to move as part of the growth of the correction and the downward channel. Moving averages indicate a downtrend. Prices have broken the area between the signal lines upward, which indicates strong pressure from buyers of the American currency and a potential continuation of the instrument’s growth. At the moment, we should expect an attempt at another price reduction and a test of the support area near the level of 0.8985. Further, a rebound and an attempt to continue the growth of the pair…
Bitcoin BTC/USD ends the trading week at 10690 and continues to move within the correction and the upward channel. Moving averages indicate a bullish trend. Prices pushed up from the area between the signal lines, which indicates pressure from the buyers of the asset and the potential continued growth of the asset’s quotes. At the moment, we should expect an attempt to develop a correction and test the support area near the level of 9635. Where can we expect a rebound and continued growth in the Bitcoin exchange rate with a potential target above the level of 14285. Bitcoin Forecast…
Ethereum ETH/USD ends the trading week at 342.08 and continues to move within the correction and the upward channel. Moving averages indicate a bullish trend for ETH/USD. Prices are again testing the area between the signal lines, which indicates pressure from cryptocurrency buyers and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a slight downward correction and a test of the support level near the 310.05 area. Where can we expect a rebound again and continued growth in the rate and value of Ethereum with a potential target above…
XRP/USD end the trading week at 0.2304 and continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the cryptocurrency from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support area near 0.1755. Where can we expect a rebound again and a continuation of the rise of the cryptocurrency to the…
Litecoin LTC/USD ends the trading week at 44.39 and continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices broke the area between the signal lines down. This indicates pressure from buyers of the digital asset and a potential continuation of the rise in the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a minor correction and a test of the support area near the level of 30.55. Where can we expect a rebound again and an attempt to start the growth in the…
Bitcoin Cash ends the trading week at 212.52 and continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices have broken the area between the signal lines downward, which indicates pressure from the coin’s sellers and a potential continuation of the fall. As part of the BCH/USD rate forecast for the next trading week, we should expect an attempt to reduce the value of a digital asset and a test of the support area near the level of 185.55. From where a rebound is expected again and an attempt to grow Bitcoin Cash…
Silver ends the trading week near the 23.19 area. Quotes continue to move within the framework of a strong fall and an upward channel. Moving averages indicate a bullish trend for the pair. Test prices are testing the area between the signal lines, which indicates pressure from metal buyers and a potential continuation of growth from current levels. At the moment, we should expect an attempt to develop a correction in the value of an asset and a test of the support level near the 19.35 area. Further, the continued growth in the price of Silver with a potential target…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the fall from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1658. As part of the Forex forecast for September 25, 2020, we should expect an attempt to grow and test the resistance level near the 1.1715 area. Further, the rebound…