Stock index Dow Jones continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the index is trading at 27033. Moving averages indicate the presence of a bullish trend in the index, prices fell into the area between the lines, which indicates a potential rebound. At the moment, we should expect an attempt to reduce quotations and test the support level near the area of 26895. Further, a rebound and continued growth of quotations of the Dow Jones stock index to the area above the level of 27850 is…
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.
Natural Gas continue to move within the growth and upward channel. At the time of the publication of the forecast, the price of Natural Gas is $ 2.66. Moving averages indicate the presence of an upward trend, which is still strong. At the moment, we should expect an attempt to reduce and test the support level near the 2.55 area. Further, the continued growth of the gas rate in the region above the level of 2.95. Natural Gas Forecast and Analysis September 18, 2019 In favor of the growth of quotations and prices for Natural Gas, a test of the…
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, which is still quite strong, as you can see, the prices start from the area between the lines. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1065. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1085. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and formation of the «Wolfe Wave» downward pattern. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2440. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to increase the British Pound and test the resistance area near the level of 1.2465. Where again we should expect a rebound and the beginning of a decline in the quotes of the British Pound currency pair against the US Dollar. The purpose of the downward…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the bearish channel. Moving averages indicate a short-term bearish trend that is nearing completion. As you can see, moving averages are ready for the next intersection, this will indicate a potential change in the current trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6880. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6915. Further, a rebound from the upper boundary of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.90. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast of the Japanese Yen rate for September 17, 2019, we should expect an attempt to reduce and test the resistance area near the level of 106.50. Further, the rebound and growth decline of the pair…
Brent continue to move as part of strong growth amid news of the terrorist attack in Saudi Arabia. At the time of the publication of the forecast, the price of Brent crude oil is $ 65.49 per barrel. Moving averages indicate a short-term bearish trend for oil, which is nearing completion. At the moment, we should expect an attempt to reduce and test the support level near the area of 61.25 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 71.65. Brent Crude Oil Forecast and analysis September 17, 2019 In…
Currency pair US Dollar to Canadian Dollar USD/CAD continues 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 Canadian Dollar is 1.3253. Moving averages indicate the presence of a short-term downtrend for the pair, which is nearing completion. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3275. Further, the rebound and continued fall of the currency pair. The potential target of this movement of quotes is the area below…
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 1502 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 17, 2019 In favor of raising the XAU/USD quotes, a test of the…
Silver continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Silver is 17.79 Dollars. Moving averages indicate a short-term downtrend. 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 20.25 as part of the start of the development of the upcoming «Wolfe Wave» model. XAG/USD Forecast Silver and Analysis September 17, 2019…