The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6531 area. The pair continues to move within the development of the fall and the formation of the “Triangle” pattern. The moving averages indicate the presence of a bullish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from asset buyers and a potential continuation of the growth of the currency pair. At the moment, we should expect an attempt to develop a bearish correction and a test of the support area near the level of 0.6435. Then, a…
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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 currency pair Canadian Dollar to US Dollar USD/CAD is ending the trading week with growth within the bullish channel. The moving averages indicate a 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 growth in the near future. At the moment, we should expect an attempt to develop a fall and a test of the support level near the 1.3645 area. Then, an upward rebound and continued growth of quotes with a target above the 1.4415 level. USD/CAD Forecast and Analysis August…
Quotes of the currency pair Dollar/Yen USD/JPY are ending the trading week with a strong fall near the 147.52 area. The pair continues to move within the fall and the ascending channel. 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 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 150.85 area. Then, an upward rebound and…
GOLD ends the trading week with growth near the 2462 area. XAU/USD quotes continue to move within the framework of strong growth and a bullish channel. Moving averages indicate a bullish trend for Gold. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of price growth. At the moment, we should expect an attempt to develop a price correction and test the support level near the 2345 area. Next, a price rebound upwards and continued growth of XAUUSD with a potential target above the 2755 level. GOLD Forecast and Analysis…
Quotes of the currency pair New Zealand Dollar are ending the trading week within the framework of a decline near the level of 0.5974 and the formation of the “Triangle” pattern. The moving averages indicate the presence of a bearish trend for the pair. 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 from the current levels on the market. At the moment, we should expect an attempt to develop the fall of the currency pair on Forex and a test of…
Currency pair Dollar Franc USD/CHF ends the trading week near the level of 0.8642. The pair continues to move within the framework of the development of the fall and the formation of the reversal model “Head and Shoulders”. 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 the American currency and a potential continuation of the fall of the instrument from the current levels. At the moment, we should expect an attempt to develop a price fall and a test of the support area…
Bitcoin BTC/USD ends the trading week at 65423 and continues to move within the development of growth and a bullish channel. Moving averages indicate the presence of 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 of asset quotes. At the moment, we should expect an attempt to develop a bearish correction in the coin price and a test of the support area near the level of 59565. From where we should again expect an upward rebound and continued growth of the…
Ethereum ETH/USD ends the trading week at 3176 and continues to move within the correction and the formation of the “Triangle” reversal pattern. Moving averages indicate a bullish trend for ETH/USD. Prices are again testing the area between the signal lines, which indicates pressure from cryptocurrency buyers and potential continuation of growth from current levels. At the moment, we should expect an attempt to develop a price decline and a test of the support level near the 2965 area. From where we should again expect an upward rebound and continued growth in the rate and cost of Ethereum with a…
Quotes of Silver XAG/USD end the trading week near the area of 28.79. Quotes continue to move within the framework of the development of a bearish correction and a bullish channel. Moving averages indicate a bullish trend for the asset. Prices are testing the area between the signal lines again, indicating pressure from metal buyers and potential continued growth from current levels. At the moment, we should expect an attempt to develop a bearish correction in the asset value and a test of the support level near the 28.35 area. Next, continued growth in the price of Silver with a…
Litecoin LTC/USD ends the trading week at 69.06 and continues to move in correction and the formation of the reversal pattern “Head and Shoulders”. Moving averages indicate the presence of a bearish trend. Prices have broken through the area between the signal lines downwards, this indicates pressure from sellers of the digital asset and a potential continuation of the fall in the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a bearish price correction and a test of the support area near the level of 65.05. From where we should again…