Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the decline and the bearish channel. Moving averages indicate a short-term bearish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6689. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6730. Further, a rebound from the upper border of the channel and continued decline in quotations to the area below 0.6595. AUD/USD Forecast Australian Dollar October 2, 2019 An additional signal in favor of reducing the…
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.36. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast of the Japanese Yen rate on October 2, 2019, we should expect an attempt to correct and test the resistance area near the level of 106.85. Further, the rebound and continued growth of the USD/JPY pair to the area above…
Brent continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 59.82 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 60.25 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 56.55. Brent Crude Oil Forecast and analysis October 2, 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 correction and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3279. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices pushed off the level of signal lines, which indicates the presence of buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3225. Further, the rebound and continued growth of the currency pair. The…
GOLD continue to move as part of the reduction and the development of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1463 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend that is nearing completion. At the moment, we should expect an attempt to correct and test the resistance level near the area of 1485. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1345. XAU/USD Forecast and GOLD analysis October 2, 2019 In…
Silver continue to move as part of the decline and the downward channel. At the time of the publication of the forecast, the price of Silver is 17.04 Dollars. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to increase the value of the metal and test the resistance level near the area of 17.60. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 16.15. XAG/USD Forecast Silver and Analysis October 2, 2019 In favor of reducing quotes and…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and development of the «Triangle» model. 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 0.6209. At the moment, we should expect an attempt to develop an upward correction and a test of the resistance level near the area of 0.6245. Further, within the framework of the forecast and Forex analysis for tomorrow, a…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and upward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0007. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to develop a downward correction and a test of the support area near the level of 0.9950. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with a potential target above the level of 1.0085. USD/CHF Forecast Dollar Franc…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.18. Moving averages indicate a downward trend. As part of the USD/RUB forecast for tomorrow, October 2, 2019, we should expect an attempt to reduce and test the support level near the area of 64.15 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 Russian Ruble…
BTC/USD are trading at 8332 and continue to move as part of the correction and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $150 646 497 136. Moving averages indicate the presence of a short-term downward trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, October 2, 2019, we should expect an attempt to continue the correction and test the resistance level near the area of 8455. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below…