Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0933. The pair continues to move as part of the decline and the bearish channel. The pair was able to update the next minimum. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to correct and test the resistance area near the level of 1.1065. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. A potential reduction target is the area below the level of 1.0565. EUR/USD Forecast and Analysis September 30 — October 4, 2019 In…
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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 complete the trading week near the area of $ 61.04 per barrel. And it continues to move as part of the correction and formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 62.75. Then a rebound and continued fall of oil to the area below the level of 49.45 dollars per barrel. BRENT oil Forecast and Analysis September 30 — October 4, 2019 An additional signal in favor of reducing oil quotes this week will be a test…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.2311 area. The pair continues to move within a rebound from the area between the signal lines and the downward channel. Moving averages indicate a bearish trend and the bears managed to push the price down. At this, we should expect an attempt to develop a correction and test the resistance area near the level of 1.2425. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1465. GBP/USD Forecast and Analysis September 30 — October 4, 2019 In…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.30 Rubles per US Dollar. The pair continues to move within the correction and the upward channel. Moving averages indicate a bullish trend that is nearing completion. In the current trading week September 30 — October 4, 2019, we should expect an attempt to fall and test the support area near the level of 60.65. Where can we expect a rebound and continued growth of the Dollar over the level of 68.55. USD/RUB Forecast and Analysis September 30 — October 4, 2019 In favor…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6755. The pair continues to move as part of the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 0.6825. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6325. AUD/USD Forecast and Analysis September 30 — October 4, 2019 In favor of the fall of the pair on Forex, a test of the…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3252. The pair continues to move as part of the correction and the formation of the «Triangle» model, which indicates a decrease in volatility, however, at the time of exit, we should expect a strong movement in the pair. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3165. Then continued growth of quotations with a target above the level of 1.3825. USD/CAD Forecast and Analysis September 30…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.12. The pair continues to move within the framework of the correction and the bearish channel, and there is also the potential for the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 106.25. Then the rebound and continued growth of the pair in the region above the level of 111.55. USD/JPY Forecast and Analysis September 30 —…
GOLD completes the trading week near the area of 1492. XAU/USD quotes continue to move as part of the correction and the bullish channel. Moving averages indicate a bullish trend for GOLD, which continues its steady development. At the moment, we should expect an attempt to reduce and test the support level near the area of 1460. Further, the continuation of the growth in the price of Gold with a potential target above the level of 1605. GOLD Price Forecast and Analysis September 30 — October 4, 2019 In favor of the rise in quotations and gold prices in the…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6290. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to develop an upward correction and test the resistance area near the level of 0.6345. Then, the continuation of the fall of the currency pair with a potential target below the level of 0.5855. NZD/USD Forecast and Analysis September 30 — October 4, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward resistance line on the relative…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9931. The pair continues to move within the correction and the upward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9735. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0335. USD/CHF Forecast and Analysis September 30 — October 4, 2019 In favor of the rise of the Dollar/Franc currency pair, a test of the support line on the relative strength…