Currency pair Euro/Dollar EUR/USD continues to move as part of a bearish correction. Moving averages indicate a short-term bullish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1091. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1040. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target of this movement is the area above the level of 1.1345. EUR/USD Forecast Euro Dollar October 29, 2019 An additional signal in favor of raising the EUR/USD quotes will…
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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 Pound/Dollar GBP/USD continues to move as part of a bearish correction and a bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2846. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to depreciate the British Pound and test the support area near the level of 1.2605. Where again we should expect a rebound and the continuation of the rise in quotations of the British Pound currency pair against the US Dollar. The target of the upward movement of the currency…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of a bearish correction. Moving averages indicate the presence of a short-term bullish trend, prices continue to push from the area between the signal lines, which indicates pressure from buyers. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6827. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6795. Further, a rebound from the lower border of the channel and continued growth of quotations to the area above…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of growth and a bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.68. Moving averages indicate the presence of a short-term bullish trend for the pair, prices are located above the signal lines, which indicates pressure from buyers. As part of the forecast for the Japanese Yen on October 29, 2019, we should expect an attempt to reduce and test the support area near the level of 108.15. Further,…
Brent continue to move as part of the correction. At the time of the publication of the forecast, the price of Brent crude oil is $ 61.52 per barrel. Moving averages indicate a short-term downward trend in oil, but prices have broken through the signal line area, which indicates pressure from the bulls. At the moment, we should expect an attempt to grow and test the resistance level near the area of 62.15 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 54.05. Brent Crude Oil Forecast and analysis…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3059. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3095. Further, the rebound and continued growth of the currency pair. A potential target of this movement of quotes is the area below the level of…
GOLD continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of GOLD is 1506 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1485. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1565. XAU/USD Forecast and GOLD analysis October 29, 2019 In favor of raising the XAU/USD quotes, a test of the broken…
Silver continue to move as part of the growth and bullish channel. At the time of the publication of the forecast, the price of Silver is 18.03 Dollars. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to develop a decrease in the cost of metal and a test of the support level near the area of 17.65. Where can we expect a rebound and continued growth in Silver prices with a target above the level of 19.65. XAG/USD Forecast Silver and Analysis October 29, 2019 In favor of the growth of quotes and prices…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction. Moving averages indicate the presence of a short-term bullish trend for the pair, however, prices have fixed below the level of signal lines. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6354. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6305. Further, within the framework of the forecast and FOREX analysis for tomorrow, a rebound…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9954. Moving averages indicate the presence of a short-term bullish trend for the pair, prices managed to return above the signal lines, which indicates pressure from the bulls. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9975. Then, a rebound and…