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 105.59. 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 rate for September…
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.
Brent continue to move as part of the beginning of the correction. Here the ”Triangle” model is formed. At the time of the publication of the forecast, the price of Brent crude oil is $ 42.20 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 sellers of “Black Gold” and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt at correction and a test of the support level near…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and the ascending channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3381. 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’s growth in the near future. At the moment, we should expect an attempt to develop a decline and test the support level near the 1.3355 area. Further,…
GOLD continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1891 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices pushed 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 a fall and a test of the support level near the 1860 area. Where can we expect a rebound and continued growth in…
Silver continue to move within the bullish correction and the downward channel. At the time of publication of the forecast, Silver prices are at $ 24.07. Moving averages indicate a bearish trend. Prices broke through the area between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the asset value from 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 24.85. 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 fall and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate the presence of a short-term sideways trend in the pair. 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 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 0.6594.…
Currency pair Dollar Franc USD/CHF continues to move within the framework of a strong fall and an upward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9193. Moving averages indicate a short-term bullish trend for the pair. Prices bounced off 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…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move within the framework of strong growth and an upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 78.94. Moving averages indicate a short-term bullish trend. Prices bounced off the area between the signal lines, which indicates pressure from buyers of the US currency and the potential continued growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for September 30, 2020, we should expect an attempt to develop a downward…
BTC/USD aare trading at 10784 and continue to move within the growth and ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $199 176 415 560. 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, September 30, 2020, we should expect an attempt to develop a downward correction in the value of a…
ETH/USD are trading at 357.28 and continue to move as part of the growth and formation of the ”Triangle” pattern. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $40 280 201 284. Moving averages indicate a short-term bearish trend for Ethereum. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the fall in the value of the asset 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…