Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2336. 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 1.2220. Where again we should expect a rebound and continued growth of quotations of the British Pound currency pair against the US Dollar. The purpose of the upward movement of the currency pair, in the framework…
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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 Australian Dollar to US Dollar AUD/USD continues to move as part of the bullish correction and the downward 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 0.6769. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6795. Further, a rebound from the upper border of the channel and continued decline in quotations to the area below 0.6585. AUD/USD Forecast Australian Dollar October 8, 2019 An additional signal in favor of reducing…
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 106.83. Moving averages indicate a short-term bullish 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 8, 2019, we should expect an attempt to correct and test the resistance area near the level…
Brent continue to move as part of the correction and the bearish 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 59.30 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 51.35. Brent Crude Oil Forecast and analysis October 8, 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 1.3309. 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 1.3435.…
GOLD continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1505 Dollars per Troy Oz. Moving averages indicate a short-term downtrend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1515. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1440. XAU/USD Forecast and GOLD analysis October 8, 2019 In favor of reducing the XAU/USD quotes, a test…
Silver continue to move as part of a strong upward correction and a bearish channel. At the time of the publication of the forecast, the price of Silver is 17.53 Dollars. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to continue the growth in the value of the metal and test the resistance level near the area of 17.70. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 16.25. XAG/USD Forecast Silver and Analysis October 8, 2019 In…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward 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 0.6314. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 0.6365. 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 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 0.9945. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9905. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with a potential target above the level of 1.0105. USD/CHF Forecast Dollar Franc October 8, 2019 An additional…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.67. Moving averages indicate a bearish trend. As part of the USD/RUB forecast for tomorrow, October 8, 2019, we should expect an attempt to reduce and test the support level near the area of 64.55 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the region above the level of 66.70. USD/RUB Forecast Russian Ruble…