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 “Triangle” model. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 106.00. 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 2,…
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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.
Brent continue to move within the correction and the ascending channel, here the “Triangle” model is formed. At the time of the publication of the forecast, the price of Brent crude oil is $ 45.94 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 buyers of “Black Gold” and a potential continuation of the rise in the value of the asset. At the moment, we should expect an attempt to reduce and test the support level near the area of $ 45.45 per barrel. Further,…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of a decline and a downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3057. 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 1972 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 1985 area. Where can we expect a rebound and the continued fall in the price of…
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 $ 28.44. 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 28.75 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. 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 0.6755. At the moment, we should expect an attempt…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the “Wedge” reversal pattern. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9086. Moving averages indicate a short-term bearish trend for the pair. Prices are once again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the decline in the asset’s value from the current levels. At the moment, we should expect an attempt to develop a correction in the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move within the framework of the correction and the upward channel, there is also a potential for the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.1. 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 2, 2020, we should expect…
BTC/USD are traded at 11858 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 $221 196 166 516. 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 2, 2020, we should expect an attempt to develop a downward correction in the value of a digital asset and a test…
ETH/USD are trading at 466.43 and continue to move as part of the growth and the ascending channel. Cryptocurrency capitalization Ethereum at the time of the publication of the forecast is $54 244 657 678. Moving averages indicate a short-term bullish trend for Ethereum. Prices pushed up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise 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 support…