Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and formation of the reversal pattern of the inverted «Head and Shoulders». At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.93. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices returned above the signal lines, indicating a resumption of pressure from the bulls in the market. As part of the forecast for the Japanese Yen on October 11, 2019, we should expect an…
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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 as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 58.75 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to grow and test the resistance level near the area of 59.65 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 52.15. Brent Crude Oil Forecast and analysis October 11, 2019 In favor of falling quotes…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3286. Moving averages indicate a short-term bullish trend for the pair, prices have only returned to the signal lines, which may indicate a probable upward rebound. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3255. Further, the rebound and continued growth of the currency pair. The…
GOLD continue to move as part of the next wave of correction and the formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the price of GOLD is 1492 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 1470. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1575. XAU/USD Forecast and GOLD analysis October 11, 2019 In favor…
Silver continue to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the price of Silver is 17.47 Dollars. Moving averages indicate a bullish trend, but prices have broken through the signal line, which indicates pressure from the bears. At the moment, we should expect an attempt to continue the fall in the value of the metal and test the support level near the area of 17.20. Where can we expect a rebound and continued growth in Silver prices with a target above the level of 19.75. XAG/USD Forecast Silver…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the bearish channel. Moving averages indicate the presence of a short-term bearish trend for the pair, which is still quite strong. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6315. At the moment, we should expect an attempt to continue the development of the correction and test the resistance level near the area of 0.6365. Further, within the framework of the forecast and Forex analysis…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth 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 0.9949. Moving averages indicate the presence of a short-term bullish trend for the pair, prices continue to push off from signal lines, pressure from buyers continues. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9995. Then, a rebound and continued depreciation of the US Dollar against…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Double Bottom» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.49. Moving averages indicate a bullish trend. As part of the USD/RUB forecast for tomorrow, October 11, 2019, we should expect an attempt to lower and test the support level near the area of 64.75 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of…
BTC/USD are trading at 8378 and continue to move as part of the growth and the start of development of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $153 568 846 338. Moving averages indicate the presence of a short-term downward trend in Bitcoin. As part of the cryptocurrency rate forecast for October 11, 2019, we should expect an attempt to reduce the asset quotes and test the support level near the area of 8245. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin…
ETH/USD are trading at 189.23 and continue to move as part of the growth. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $20 807 317 498. Moving averages indicate the presence of a short-term bullish trend for Ethereum, which has just begun and is developing successfully. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the area of 180.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the…