The Euro/Dollar currency pair EUR/USD continues to move within the development of a bearish correction and the formation of a reversal pattern “Double Bottom”. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines, which indicates pressure from sellers of the European currency and a potential continuation of the fall in the asset pair quotes from the current levels. At the time of publication of the forecast, the Euro to Dollar exchange rate for today is 1.1037. As part of the Forex forecast for September 11, 2024,…
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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 Pound/Dollar GBP/USD currency pair continues to move within the framework of the correction and bullish channel development. At the time of the forecast publication, the Pound to US Dollar exchange rate on Forex is 1.3095. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and potential continuation of the instrument’s growth. At the moment, we should expect an attempt to develop a correction in the British Pound against the US Dollar exchange rate and a test of the…
The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the development of the correction and the formation of the bullish pattern “Wolfe Wave”. The moving averages indicate the presence of a short-term 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 fall in the value of the instrument from the current levels. At the time of publication of the forecast, the Australian Dollar to the US Dollar exchange rate is 0.6664. At the moment, we should expect…
The quotes of the USD/JPY currency pair continue to move within the development of the fall and the descending channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 143.15. 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 of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast of the Japanese Yen exchange rate for September 11, 2024, we…
Brent oil quotes continue to move within the development of the fall and bearish channel. At the time of publication of the forecast, the price of Brent crude oil is 70.93 dollars per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of “Black Gold” and a potential continuation of the fall in the value of the asset from the current levels. At the moment, we should expect an attempt to develop growth and a test of the resistance level…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of the development of growth and a bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3567. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines again, indicating pressure from buyers and potential continued growth of the price pair in the near future. At the moment, it is worth considering an attempt to develop the growth of the Canadian Dollar price and test the resistance level near…
XAU/USD quotes continue to move within the development of the fall and have left the bullish channel. At the time of publication of the forecast, the price of Gold for today is 2505 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the 2485…
The quotes of XAG/USD continue to move within the framework of the development of the correction and the formation of the “Double Bottom” reversal pattern. At the time of publication of the forecast, the Silver price is 28.38. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the fall in price from the current levels. At the moment, we should expect an attempt to develop a decline in the cost of the metal and a test of the support level near the…
The quotes of the currency pair NZD/USD continue to move within the development of the decline and the formation of the bullish model “Wolfe Wave”. The moving averages indicate the presence of a short-term bearish trend for the pair. Prices broke through the area between the signal lines downwards, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument from the current levels. At the time of publication of the Forex forecast, the New Zealand Dollar to the US Dollar exchange rate is 0.6158. At the moment, we…
The USD/CHF currency pair continues to move within the framework of the development of a bullish correction and a descending channel. At the time of the publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8473. The moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the asset’s fall from the current levels. At the moment, we should expect an attempt to develop growth in the US Dollar against the Swiss…