GOLD 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 GOLD is 1487 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 1480. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1570. XAU/USD Forecast and GOLD analysis October 1, 2019 In favor of raising the XAU/USD quotes, a…
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.
Silver continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of Silver is 17.32 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to increase the value of the metal and test the resistance level near the area of 17.55. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 15.25. XAG/USD Forecast Silver and Analysis October 1, 2019 In favor of reducing quotes and prices…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the beginning of the 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 0.6263. At the moment, we should expect an attempt to develop an upward correction and a test of the resistance level near the area of 0.6285. Further, within the framework of the forecast and Forex…
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 0.9948. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to continue the rise and test the resistance area near the level of 0.9975. Then, a rebound and the beginning of the fall of the US Dollar against the Swiss Franc with a potential target below 0.9735 as part of the development of the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a slight growth and a downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.22. Moving averages indicate a bearish trend. As part of the USD/RUB forecast for tomorrow, October 1, 2019, we should expect an attempt to reduce and test the support level near the area of 64.05 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of 66.75. USD/RUB Forecast Russian…
BTC/USD are trading at 8026 and continue to move as part of the correction and the bearish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $144 972 637 194. Moving averages indicate the presence of a short-term downward trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, October 1, 2019, we should expect an attempt to continue the correction and test the resistance level near the area of 8365. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below…
ETH/USD are trading at 170.65 and continue to move as part of a strong downward momentum. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $18 709 724 972. Moving averages indicate the presence of a short-term downward trend in Ethereum. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the area of 178.55. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 132.55. Ethereum Forecast and ETH/USD Analysis October 1, 2019…
LTC/USD are trading at 54.24 and continue to move as part of the fall and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 507 040 667. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to correct and test the resistance level near the area of 58.05. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 43.55. Litecoin Forecast and LTC/USD Analysis October 1, 2019 In…
XRP/USD are trading at 0.2501 and continue to move as part of the growth and the beginning of the development of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 047 862 975. Moving averages indicate the presence of a short-term bearish trend for Ripple. At the moment, we should expect an attempt to depreciate the digital asset and a test of the support level near the 0.2425 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2995. Ripple Forecast and XRP/USD Analysis October…
BCH/USD are trading at 223.34 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 098 096 536. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for October 1, 2019, one should expect an attempt to rise and test the resistance level near the area of 230.55. Where again we should expect a rebound and the continued fall of the digital asset Bitcoin Cash with a potential…