Stock index Dow Jones continue to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the index is trading at 26773. Moving averages indicate the presence of a bullish trend in the index. At the moment, we should expect an attempt to correct the quotes and test the support level near the area of 26905. Further, a rebound and a continued decline in the quotes of the Dow Jones index in the region below 25435 are expected. Dow Jones Index Forecast and Analysis September 11,…
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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 Euro/Dollar EUR/USD continues to move as part of the correction and the bearish channel. Moving averages indicate the presence of a short-term bearish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1025. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1095. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level of 1.0840. EUR/USD Forecast Euro Dollar September 10, 2019 An additional signal in favor…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and formation of the inverted «Head and Shoulders» 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 0.6434. At the moment, we should expect an attempt to develop correction and test the support level near the area of 0.6335. Further, within the framework of the forecast and Forex analysis for tomorrow, an attempt…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and formation of the «Expanding Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2374. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to increase the British Pound and test the resistance area near the level of 1.2385. Where again we should expect a rebound and a continued decline in quotations of the British Pound currency pair against the US Dollar. The purpose of the downward movement of the currency…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth 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 0.6865. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6805. Further, a rebound from the support level and continued growth of quotations to the area above 0.7055. AUD/USD Forecast Australian Dollar September 10, 2019 An additional signal in favor of the growth of the AUD/USD…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 106.98. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast for the Japanese yen on September 10, 2019, we should expect an attempt to reduce and test the support area near the level of 106.25. Further, the rebound and continued growth of the pair USD/JPY to the area above the…
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 $ 61.89 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 62.45 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 52.65. Brent Crude Oil Forecast and analysis September 10, 2019 In favor of lower quotes and Brent oil…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3156. Moving averages indicate the presence of a short-term downtrend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3215. Further, the rebound and continued fall of the currency pair. The potential target of this movement of quotes is the area below the level of 1.3065. USD/CAD Forecast Canadian Dollar…
GOLD continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of GOLD is 1509 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 1495. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1615. XAU/USD Forecast and GOLD analysis September 10, 2019 In favor of raising the XAU/USD quotes, a test of the rising…
Silver continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Silver is 18.15 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to correct the metal and test the support level near the area of 17.85. Where can we expect a rebound and continued growth in Silver prices with a target above the level of 20.55. XAG/USD Forecast Silver and Analysis September 10, 2019 In favor of the growth of XAG/USD quotes, a test of the rising support line on…