The quotes of the currency pair NZD/USD continue to move within the development of growth and a bullish channel. The moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument from the current levels. At the time of publication of the Forex forecast, the New Zealand Dollar to US Dollar exchange rate is 0.6358. At the moment, we should expect an attempt to develop a bearish correction…
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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.
The USD/CHF currency pair continues to move within the development of a fall and a descending channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8438. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the fall in the asset value from the current levels. At the moment, we should expect an attempt to develop an increase in the US Dollar against the Swiss Franc…
BTC/USD quotes are trading at 63602 and continue to move within the correction development and have left the descending channel. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices are again testing the area between the signal lines, which indicates pressure from the buyers of “Digital Gold” and a potential continuation of the asset’s value growth from the current levels. As part of the cryptocurrency rate forecast for tomorrow, October 1, 2024, we should expect an attempt to develop a bearish correction in the value of the digital asset and a test of the support level…
ETH/USD are trading at 2607 and continue to move within the framework of the development of growth and a bullish channel. Moving averages indicate a short-term bearish trend for Ether. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continued growth in the asset value from current levels. At the moment, we should expect an attempt to develop a bearish correction in the coin value and a test of the support level near the 2415 area. From where we should again expect an upward price rebound and continued growth in the…
The Euro Dollar EUR/USD currency pair is finishing the trading week as part of the growth development near the level of 1.1150. The moving averages indicate the presence of a bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the European currency and a probable continuation of growth from the current levels. As part of the Euro exchange rate forecast for the trading week, we should expect an attempt to develop a minor bearish correction in the EUR/USD quotes and a test of the support area near…
BRENT oil quotes are ending the trading week near the area of 71.21 dollars per barrel. Moving averages indicate the presence of a bearish trend. Prices broke through the area between the signal lines downwards, which indicates pressure from sellers of raw materials and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop growth and a test of the resistance area near the level of 74.55. Then, it is worth considering a downward rebound and a continuation of the fall in oil to the area below the level of…
The currency pair Pound/Dollar GBP/USD is finishing the trading week within the framework of growth development and formation of the “Wedge” reversal pattern near the level of 1.3388. The moving averages indicate the presence of a bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of the growth of the British Pound against the US Dollar from the current levels. At this point, we should expect an attempt to develop growth and test the resistance area near the level of 1.3435. Next, a downward rebound and continuation of…
The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6882 area. The pair continues to move within the framework of the rise and the formation of the bearish “Wolf Wave” pattern. The moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from asset buyers and a potential continuation of the growth in the value of the currency pair. At the moment, we should expect an attempt to develop a fall and test the support area near the 0.6945 level. Then, a rebound downwards…
The currency pair Canadian Dollar to US Dollar USD/CAD ends the trading week with a decline within the formation of the “Wedge” reversal pattern. The moving averages indicate a bullish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the currency pair and a potential continuation of the decline in the near future. At the moment, we should expect an attempt to develop a decline and test the support level near the 1.3435 area. Then, an upward rebound and continued growth of quotes with a target above the 1.3725 level. USD/CAD…
Quotes of the currency pair Dollar/Yen USD/JPY are ending the trading week near the 143.26 area. The moving averages indicate a bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the US dollar and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance level near the 145.05 area. Then, a rebound downwards and a continuation of the fall of the pair to the area below the level of 134.45.…