Quotes of the currency pair New Zealand Dollar against the US Dollar NZD/USD end the trading week within the framework of the fall near the level of 0.5912. Moving averages indicate 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 current levels in the market. At the moment, we should expect an attempt to develop a bullish correction of the currency pair on Forex and a test of the resistance area near the level of…
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.
Currency pair Dollar Franc USD/CHF ends the trading week near the level of 0.8963. The pair continues to move within the framework of growth and has left the bearish channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the American currency and a potential continuation of the instrument’s fall from current levels. At the moment, we should expect an attempt to develop a price fall and a test of the support area near the level of 0.8890. Next, a rebound upwards and an attempt to continue…
Bitcoin BTC/USD ends the trading week at the level of 26502, continuing to move as part of the development of the correction and bullish channel. Moving averages indicate a 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 in the asset’s quotes. At the moment, we can expect an attempt to develop a decline in the price of the coin and a test of the support area near the level of 25965. From where we can again expect a rebound upward…
Ethereum ETH/USD ends the trading week at 1623 and continues to move within the correction and bullish channel. Moving averages indicate a bullish trend for ETH/USD. Prices have broken through the area between the signal lines downwards, which indicates pressure from cryptocurrency sellers and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a price fall and a test of the support level near the 1505 area. From where we can again expect a rebound upward and continued growth in the rate and value of Ethereum with a potential target…
Litecoin LTC/USD ends the trading week at 63.22 and continues to move within the fall and has left the bullish channel. Moving averages indicate 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 bullish price correction and a test of the resistance area near the level of 73.85. From where we can again expect a downward rebound and an…
Quotes of Silver XAG/USD end the trading week near the 23.10 area. Quotes continue to move within the correction and bullish channel. Moving averages indicate a bullish trend for an asset. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the metal and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a minor bearish correction in the value of the asset and a test of the support level near the 22.20 area. Next, the price of Silver will continue to rise…
The currency pair Euro to US Dollar (EUR/USD) continues to move as part of the development of a sideways correction and a bearish channel. Moving averages indicate the presence of a short-term downward trend in the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the European currency and a potential continuation of the fall in asset quotes from current levels. At the time of publication of the forecast, the Euro to US Dollar exchange rate is 1.0736. As part of the Forex forecast for September 14, 2023, we should expect an…
The currency pair British Pound to US Dollar (GBP/USD) continues to move as part of the development of the fall and the downward channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2472. 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 and…
The currency pair Australian Dollar to US Dollar (AUD/USD) continues to move within the framework of the fall and the downward channel. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal signals, 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 forecast, the Australian Dollar to US Dollar exchange rate is 0.6408. At the moment, we should expect an attempt to develop the growth of the pair and test the…
The quotes of the USD/JPY currency pair continue to move within the framework of growth and a long-term bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 147.30. 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 September 14, 2023, we should expect an attempt to develop a price correction…