Author: forex24pro

The quotes of XAG/USD continue to move within the fall and bearish channel. At the time of publication of the forecast, prices for Silver are 21.19. 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 value from current levels. At the moment, we should expect an attempt to develop a bullish correction in the price of the metal and a test of the resistance level near the 21.55 area. Where can we expect a downward rebound and a continuation…

The quotes of the currency pair NZD/USD continue to move as part of the sideways development and have left the bullish channel. Moving averages indicate 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 currency pair and a potential continuation of the fall in the value of the instrument from current levels. At the time of publication of the Forex forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.5900. At the moment, we should expect an attempt to…

The USD/CHF currency pair continues to move within the framework of a strong correction and a bullish channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.9175. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of growth in the value of the asset from current levels. At the moment, we should expect an attempt to develop a depreciation of the US Dollar against the Swiss Franc and a test of…

The BTC/USD quotes are trading at 27550 and continue to move within the bearish correction and bullish channel. The capitalization of the Bitcoin cryptocurrency at the time of publication of the forecast is $536,935,082,161. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of Digital Gold and a potential continuation of growth in the value of the asset from current levels. As part of the forecast for the cryptocurrency rate for tomorrow, October 6, 2023, we should expect an attempt to develop a decline…

The ETH/USD quotes are trading at 1644 and continue to move as part of the development of the correction and have left the limits of the downward channel. The capitalization of the Ethereum cryptocurrency at the time of publication of the forecast is $197,401,974,421. Moving averages indicate a short-term bearish trend for Ether. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of growth in the value of the asset from current levels. At the moment, we can expect an attempt to develop a correction in the value of the…

The Euro/Dollar currency pair EUR/USD continues to move as part of the development of a strong fall and a bearish channel. Moving averages indicate the presence of a short-term downward trend in the pair. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the European currency and a potential continuation of the fall in quotes of the asset pair from current levels. At the time of publication of the forecast, the Euro to US Dollar exchange rate is 1.0472. As part of the Forex forecast for October 5, 2023, we should expect…

The currency pair British Pound to US Dollar (GBP/USD) continues to move as part of the development of a strong fall and a bearish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2065. Moving averages indicate a short-term bearish trend. Prices have broken through the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the instrument’s decline. At the moment, we should expect an attempt to develop a slight bullish correction of the British Pound against the American Dollar…

The currency pair Australian Dollar to US Dollar (AUD/USD) continues to move as part of the development of a strong fall and a downward channel. Moving averages indicate a short-term bearish trend. Prices have broken through the area between the signal signals downwards, which indicates pressure from sellers of the currency pair and a potential continuation of the decline in the value of the instrument from current levels. At the time of publication of the forecast, the Australian Dollar to US Dollar exchange rate is 0.6302. At the moment, we should expect an attempt to develop the growth of the…

The quotes of the USD/JPY currency pair continue to move within the framework of growth and a bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 149.96. Moving averages indicate a short-term bullish trend for the pair. Prices moved up from the area between the signal lines, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth from current levels. As part of the Japanese Yen exchange rate forecast for October 5, 2023, we should expect an attempt to develop a price correction and…

The quotes for Brent crude oil continue to move within the correction and bullish channel. At the time of publication of the forecast, the price of Brent oil is $90.06 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of Black Gold and a potential continuation of growth in the value of the asset from current levels. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 88.45 dollars…