Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on FOREX is 1.2857. Moving averages indicate a short-term bearish trend. Prices are testing 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 asset. At the moment, we should expect an attempt to correct the British Pound against the US Dollar and test the resistance area near the level of…
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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 Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of a large reversal pattern “Head and Shoulders”. Moving averages indicate a short-term bullish trend. Prices have broken the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the asset’s growth. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7287. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area…
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 development of the “Triangle” model. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 105.67. 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…
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 $ 39.65 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have moved far below 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. At the moment, we should expect an attempt at a bullish correction and a test of the resistance level near the area of…
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 1.3181. 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 growth in the near future. At the moment, we should expect an attempt to develop a decline and a test of the support level near the 1.3155…
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 1955 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 buyers of the asset and potential continued growth. 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 price of GOLD…
Silver 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, Silver prices are at $ 27.19. Moving averages indicate a bullish trend. However, prices have broken through the area between the signal lines upward, which indicates pressure from buyers 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 28.05 area. Where can we expect…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the beginning of the development of the downward Wolfe Wave pattern. 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 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 0.6704. At the moment, we should expect an…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9076. 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 current levels. At the moment, we should expect an attempt to develop a correction in the US Dollar rate against the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of a large “Wedge” reversal pattern. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.15. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the American currency and potential continued growth. As part of the dollar exchange rate forecast for September 16, 2020, we should expect an attempt to develop growth and test the resistance level near the…