Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the decline 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 0.6751. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6775. Further, the rebound from the upper border of the channel and the continuation of the fall of quotations in the area below 0.6655. AUD/USD Forecast Australian Dollar October 1, 2019 An additional signal in favor…
Author: forex24pro
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the decline and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.93. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast of the Japanese Yen rate on October 1, 2019, we should expect an attempt to correct and test the resistance area near the level of 106.95. Further, the rebound and continued growth of the pair USD/JPY to the area above…
Brent continue to move as part of the correction and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the price of Brent crude oil is $ 60.41 per barrel. Moving averages indicate a short-term bullish trend for oil, which is nearing completion. At the moment, we should expect an attempt to grow and test the resistance level near the area of 62.85 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 52.45. Brent Crude Oil Forecast and analysis October 1,…
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 1.3242. Moving averages indicate a short-term bullish trend for the pair, which has just begun, but does not look very strong. 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 1.3185. Further, the rebound and…
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…
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…