Quotes of Silver XAG/USD end the trading week near the 23.74 area. Quotes continue to move within the growth and bullish channel. Moving averages indicate a bullish trend for an asset. Prices have broken through the area between the signal lines upward, which indicates pressure from metal buyers and potential continued growth 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 22.35 area. Next, the price of Silver will continue to rise with a potential target above…
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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 Euro to US Dollar (EUR/USD) continues to move as part of the development of the fall and the 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 asset quotes from current levels. At the time of publication of the forecast, the Euro to US Dollar exchange rate is 1.0685. As part of the Forex forecast for September 21, 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 1.2390. 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 as part of the development of a bullish correction and a 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 0.6455. At the moment, we should expect an attempt to develop the growth of the pair…
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 147.82. 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 21, 2023, we should expect an attempt to develop a price correction…
The quotes for Brent crude oil continue to move within the framework of strong growth and a bullish channel. At the time of publication of the forecast, the price of Brent oil is $95.57 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…
The currency pair USD/CAD continues to move within a strong fall and has left the bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3396. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the fall of the price pair in the near future. At the moment, it is worth considering an attempt to develop growth and test the resistance level near the 1.3415 area. Next, a rebound…
The quotes of XAU/USD continue to move within the growth and bullish channel. At the time of publication of the forecast, the price of Gold is 1933 Dollars per Troy Ounce. Moving averages indicate a short-term bearish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the asset and potential continued growth from current levels. At the moment, we should expect an attempt to develop a correction and a test of the support level near the 1920 area. From where we can expect a rebound upward and continued growth in the…
The quotes of XAG/USD continue to move within the growth and bearish channel. At the time of publication of the forecast, prices for Silver are 23.28. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, 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 decline in the value of the metal and a test of the support level near the 22.90 area. Where can we expect a rebound upward and continued growth in the…
The quotes of the currency pair NZD/USD continue to move as part of the development of a correction and a downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, 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 0.5928. At the moment, we should expect an attempt to continue…