Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth. Moving averages indicate a short-term bullish trend. Prices moved up from the area between the signal lines, which indicates strong pressure from buyers of the currency pair and a potential continued growth. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7377. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.7405. Further, the rebound and the continuation of the fall in…
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 as part of the correction and the formation of the bullish ”Wolfe Wave” pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 106.88. Moving averages indicate a short-term bearish trend for the pair. However, the area between the signal lines is being tested, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices. As part of the forecast for the Japanese Yen exchange rate for…
Brent continue to move within the correction and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 45.56 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing the area between the signal lines, which indicates pressure from buyers of “Black Gold” and a potential continuation of the asset’s price growth. At the moment, we should expect an attempt to reduce and test the support level near the area of $ 44.65 per barrel. Further, the continued growth of the oil rate to the area…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of a decline and a downward channel, buyers have not been able to reverse the pair. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3036. Moving averages indicate a short-term bearish trend for the pair. Prices pushed down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the price decline in the near future. At the moment, we should expect an attempt to develop a fall and…
GOLD 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 GOLD is 1967 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices bounced off the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1970 area. Where can we expect a rebound and the continuation of the fall in the…
Silver continue to move as part of the correction and the formation of the “Triangle” model. At the time of the forecast release, Silver prices are at $ 28.17. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of the asset’s value growth. 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 28.55 area. 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 strong growth. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the areas between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of growth 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 0.6737. At the moment, we should expect an attempt to grow and test the resistance level near the…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the ”Wedge” reversal pattern. As you can see, buyers were unable to send the pair up as part of the ”Head and Shoulders” model development, but the potential for a divorce still remains. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9034. 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 sellers and a…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.25. Moving averages indicate a short-term bullish trend. Prices moved up from the area between the signal lines, which indicates pressure from buyers of the American currency and a potential continued growth. As part of the dollar exchange rate forecast for September 1, 2020, we should expect an attempt to develop growth and test the resistance level near the area of 75.15…
BTC/USD are trading at 11728 and continue to move as part of the correction of the ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $216 909 523 903. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are bouncing off the area between the lines, which indicates pressure from Digital Gold buyers and potential continued growth in the asset’s value. As part of the cryptocurrency rate forecast for tomorrow, September 1, 2020, we should expect an attempt to develop a downward correction in the value of a digital asset and a test…