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 «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.37. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices are still below the signal lines, indicating bearish pressure. As part of the forecast of the Japanese Yen rate on October 10, 2019, we should expect an attempt to correct and test the resistance area…
Author: forex24pro
Brent continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 58.37 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 59.85 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 51.65. Brent Crude Oil Forecast and analysis October 10, 2019 In favor of falling quotes and Brent oil…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3319. Moving averages indicate the presence of a short-term lateral trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3270. Further, the rebound and continued growth of the currency pair. The potential target of this movement of quotes is the area above the level of 1.3455.…
GOLD continue to move as part of a slight rise and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1508 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 1490. 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 10, 2019 In favor of the rise in XAU/USD…
Silver continue to move as part of the rise and the bearish channel. At the time of the publication of the forecast, the price of Silver is 17.78 Dollars. Moving averages indicate a sideways bearish trend. 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 17.30. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 19.15. XAG/USD Forecast Silver and Analysis October 10, 2019 In favor of the growth of…
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. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6310. At the moment, we should expect an attempt to continue the development of the correction and test the resistance level near the area of 0.6355. Further, within the framework of the forecast and Forex analysis for tomorrow, a rebound is…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the bullish channel. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9914. Moving averages indicate the presence of a short-term bullish trend for the pair, prices continue to push off from signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9925. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.91. Moving averages indicate a bullish trend. As part of the USD/RUB forecast for tomorrow October 10, 2019, we should expect an attempt to reduce 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 67.45. USD/RUB Forecast…
BTC/USD are trading at 8378 and continue to move as part of the growth and the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $151 306 616 728. Moving averages indicate the presence of a short-term downward trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, October 10, 2019, we should expect an attempt to reduce asset quotes and test the support level near the area of 8055. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above…
ETH/USD are trading at 189.85 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 $20 599 778 160. Moving averages indicate the presence of a short-term bullish trend for Ethereum that has just begun. 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 181.65. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 225.05. Ethereum…