Bitcoin Cash ends the trading week at 211.84 and continues to move as part of a strong fall and the development of the «Head and Shoulders» reversal model has begun. Moving averages indicate a bearish trend. As part of the forecast for the BCH/USD rate for the next trading week, we should expect an attempt to correct and test the resistance area near the level of 245.55. Where is the rebound expected again and an attempt to continue the fall of Bitcoin Cash with a potential target below the level of 110.05. Bitcoin Cash Forecast and Analysis September 30 —…
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.
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 0.9920. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9955. 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 «Head and…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the development of the «Triangle» model. Moving averages indicate the presence of a short-term bearish trend for the pair, prices continue to push from the area between the lines, which indicates the current strength of the bears. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0942. At the moment, we should expect an attempt to correct and test the resistance level near the area of 1.0955. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this…
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 1.2348. Moving averages indicate a short-term bullish trend, but prices have broken through the area between the signal lines, which indicates pressure from sellers. At the moment, we should expect an attempt to depreciate the British Pound and test the support area near the level of 1.2245. Where again we should expect a rebound and continued growth of quotations of the British Pound currency pair against…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation of the «Head and Shoulders» reversal pattern. 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 0.6755. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6795. Further, the rebound from the upper border of the channel and the continuation of the fall of quotations in the area below 0.6625. AUD/USD Forecast Australian Dollar September 27, 2019…
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 107.63. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast of the Japanese Yen rate on September 27, 2019, we should expect an attempt to correct and test the resistance area near the level of 106.85. 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 $ 60.72 per barrel. Moving averages indicate a short-term bullish trend for oil. At the moment, we should expect an attempt to grow and test the resistance level near the area of 63.25 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 53.75. Brent Crude Oil Forecast and analysis September 27, 2019 In favor of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3265. 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 1.3190. Further, the rebound and…
GOLD continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of GOLD is 1490 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 1485. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1585. XAU/USD Forecast and GOLD analysis September 27, 2019 In favor of raising the XAU/USD quotes, a test of the…
Silver 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 Silver is $ 17.90. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to reduce metal and test the support level near the area of 17.45. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 20.05. XAG/USD Forecast Silver and Analysis September 27, 2019 In favor of the growth of quotes and prices for Silver…