Currency pair Euro/Dollar EUR/USD continues to move as part of the decline 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 forecast, the Euro/Dollar rate is 1.0935. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1015 area. 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 1.0805. EUR/USD Forecast Euro Dollar September 4, 2019…
Author: forex24pro
Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2017. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to the next course growth and test the resistance area near the level of 1.2090. Where again we should expect a rebound and the continued fall of the British Pound against the US Dollar. The target of the downward movement of the currency pair, in the framework of the Forex…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation of the «Triangle» model. 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 0.6732. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6755. Further, a rebound from the resistance level and continued decline in quotations to the area below 0.6595. AUD/USD Forecast Australian Dollar September 4, 2019 In favor of reducing the pair AUD/USD, a test…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 106.10. Moving averages indicate the presence of a short-term downtrend for the pair. As part of the forecast for the Japanese Yen on September 4, 2019, we should expect an attempt to fall and test the support area near the level of 104.85. Further, the rebound and continued growth of the pair USD/JPY to the area…
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 $ 57.73 per barrel. Moving averages indicate a short-term bearish trend in oil. At the moment, we should expect an attempt to grow and test the resistance level near the area of 58.55 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 September 4, 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 correction and the development of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3361. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3315. Further, the rebound and continued growth of the currency pair. The potential target of this movement of quotes is the area above the level of…
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 1530 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 1625. XAU/USD Forecast and GOLD analysis September 4, 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 18.46 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 17.70. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 19.45. XAG/USD Forecast Silver and Analysis September 4, 2019 In favor of the growth of XAG/USD quotes, a test of the rising support…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline and the downward channel. 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 0.6289. At the moment, we should expect an attempt to develop an upward correction and a test of the resistance level near the area of 0.6360. Further, within the framework of the forecast and Forex analysis for tomorrow, an attempt is…
Currency pair Dollar Franc USD/CHF continues to move as part of the upturn and the formation of the «Wolfe Wave» downward pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9901. 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 0.9925. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a target below 0.9675. USD/CHF Forecast Dollar Franc September 4, 2019…