The USD/CHF currency pair continues to move within the framework of the correction development and the formation of the “Triangle” model. At the time of the publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8487. The moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of the asset’s value growth from the current levels. At the moment, we should expect an attempt to develop the rise of the US Dollar against…
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.
BTC/USD quotes are trading at 63086 and continue to move within the development of growth and a bearish channel. Moving averages indicate the presence of a short-term downward trend for Bitcoin. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of “Digital Gold” and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, September 20, 2024, we should expect an attempt to develop a bearish correction in the value of the digital asset and a test of the support…
ETH/USD are trading at 2422 and continue to move within the growth development and have left the descending channel. Moving averages indicate the presence of a short-term bearish trend for Ether. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and a potential continuation of the asset’s value growth from the current levels. At the moment, we should expect an attempt to develop a bearish correction in the coin’s value and a test of the support level near the 2395 area. From where we should again expect an upward rebound in prices and…
The Euro/Dollar currency pair EUR/USD continues to move within the framework of the growth development and the 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 European currency and a potential continuation of the growth of 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 1.1128. Within the framework of the Forex forecast for September 19, 2024, we should…
The Pound/Dollar GBP/USD currency pair continues to move within the development of growth and a bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.3234. Moving averages indicate the presence of a short-term bullish trend. Prices broke 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. At the moment, we should expect an attempt to develop a correction in the British Pound against the US Dollar rate and a test of…
The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the development of growth and a bullish channel. The moving averages indicate the presence of a short-term bullish trend. Prices are again testing the area between the signal lines, 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 forecast, the Australian Dollar to the US Dollar exchange rate is 0.6775. At the moment, we should expect an attempt to develop a decline and a test of…
The quotes of the USD/JPY currency pair continue to move within the framework of the development of the correction and the descending channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 141.70. 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 price fall from the current levels. As part of the forecast of the Japanese Yen exchange rate for September 19,…
Brent oil quotes continue to move within the development of growth and a bearish channel. At the time of publication of the forecast, the price of Brent crude oil is 72.75 dollars per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices are again testing the area between the signal lines, 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 a decline and a test of the support level…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of the development of the correction and bearish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3587. Moving averages indicate the presence of 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…
XAU/USD quotes continue to move within the development of a minor correction and a bullish channel. At the time of publication of the forecast, the price of Gold for today is 2572 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 2565 area.…