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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.
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the upward channel. Moving averages indicate a short-term bullish trend for the pair. However, prices broke through the area between the signal lines downward, 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 1.1830. As part of the Forex forecast for September 3, 2020, we should expect an attempt to grow and test the resistance level near the 1.1885 area. Further,…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the “Wolfe Wave” reversal pattern at higher time intervals. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3311. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the asset’s growth. At the moment, we should expect an attempt to grow the British Pound against the US Dollar and test the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction. Moving averages indicate a short-term bullish trend. Prices broke the area between the signal lines downward, which indicates strong pressure from sellers of the currency pair and a potential continuation of the fall. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7315. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.7345. Further, the rebound and the continuation of the fall…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the ascending channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 106.16. 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 September 3, 2020, we should…
Brent continue to move within the correction and the upward channel, here the “Wedge” pattern is forming. At the time of the publication of the forecast, the price of Brent crude oil is $ 44.53 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are retesting the area between the signal lines, which indicates pressure from ”Black Gold” buyers and a potential continuation of the asset’s value growth. At the moment, we should expect an attempt to grow and test the resistance level near the area of $ 45.35 per barrel. Further, the continuation of the fall…
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 1.3063. 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 fall in prices in the near future. At the moment, we should expect an attempt to develop a fall and a test of the support level near the…
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 1935 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 1965 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 a large “Triangle” pattern. At the time of the publication of the forecast, Silver prices are at $ 27.19. 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 28.25 area. Where can we expect a…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the formation of the downward “Wolfe Wave” pattern at higher time frames. 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 0.6755. At the moment, we should expect…