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 106.18. Moving averages indicate the presence of a short-term downtrend for the pair. As part of the forecast for the Japanese Yen on September 3, 2019, we should expect an attempt to fall and test the support area near the level of 104.55. Further, the rebound and continued growth of the USD/JPY pair to the area…
Author: forex24pro
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 $ 59.19 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 61.25 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 52.05. Brent Crude Oil Forecast and analysis September 3, 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 formation 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 1.3314. 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 1.3235. 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 1522 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 1475. 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 3, 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 18.32 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 17.90. Where can we expect a rebound and continued growth in Silver prices with a target above the level of 19.25. XAG/USD Forecast Silver and Analysis September 3, 2019 In favor of the growth of XAG/USD quotes, a test of the rising support line on…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline. 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 0.6303. At the moment, we should expect an attempt to develop an upward correction and a test of the resistance level near the area of 0.6365. Further, within the framework of the forecast and Forex analysis for tomorrow, an attempt is expected to continue the…
Currency pair Dollar Franc USD/CHF continues to move as part of strong growth 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 0.9902. 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 0.9940. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a target below 0.9725. USD/CHF Forecast Dollar Franc September 3, 2019…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the rise and the bull channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 66.58. Moving averages indicate an uptrend. As part of the USD/RUB forecast for tomorrow, September 3, 2019, we should expect an attempt to lower and test the support level near the area of 65.75 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the region above the level of 68.95. USD/RUB Forecast Russian Ruble September…
BTC/USD are trading at 9756 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 $175 023 350 490. Moving averages indicate a bearish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, September 3, 2019, we should expect an attempt to continue growth and test the resistance level near the area of 10005. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below the area of 8650. Bitcoin…
ETH/USD are trading at 169.09 and continue to move as part of the correction and the bearish channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $18 394 019 178. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the area of 175.05. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 150.00. Ethereum Forecast and ETH/USD Analysis September 3, 2019 An…