Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the ascending channel. Moving averages indicate a short-term bullish trend for the pair. However, prices broke through the area between the signal lines upward, which indicates pressure from buyers of the European currency and a potential continuation of growth from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1869. As part of the Forex forecast for October 22, 2020, we should expect an attempt of a downward correction and a test of the support level near the 1.1825…
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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 Pound/Dollar GBP/USD continues to move in the framework of strong growth and the beginning of the development of the “Triangle” model. At the time of the publication of the forecast, the Pound to US Dollar rate on Forex is 1.3141. Moving averages indicate a short-term bullish trend. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the instrument’s growth. At the moment, we should expect an attempt to correct the British Pound against the US Dollar and test the support area near the…
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 are again testing 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 from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7119. At the moment, we should expect an attempt to continue the development of a bullish…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the beginning of the “Head and Shoulders” model. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 104.57. 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…
Brent continue to move as part of the correction and the formation of the “Triangle” pattern. At the time of the publication of the forecast, the price of Brent crude oil is $ 41.90 per barrel. Moving averages indicate a short-term bullish 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 at correction and a test of the support level near the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3128. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the areas between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the price pair in the near future. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1.3145…
GOLD continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the price of GOLD is 1925 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices are again 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 1930 area. Where can we expect a…
Silver continue to move as part of the correction and the formation of a reversal pattern. At the time of the publication of the forecast, Silver prices are at $ 25.07. Moving averages indicate a bullish trend. Prices are again repelled from the area between the signal lines upwards, 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 to develop a bullish correction in the value of the metal and a test of the resistance level near the 25.15 area. Where…
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 again, which indicates pressure from buyers of the currency pair and a potential continuation of the instrument’s growth. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6662. At the moment, we should expect an attempt to continue…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall 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 0.9040. Moving averages indicate a short-term bearish trend for the pair. Prices bounced off 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 the growth of the US Dollar against the Swiss Franc and…