The USD/CHF currency pair continues to move within the growth and bullish channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.8971. Moving averages indicate a short-term bullish trend for the pair. Prices have broken upward in 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 support area near…
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.
The BTC/USD quotes are trading at the level of 27192 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Bitcoin cryptocurrency at the time of publication of the forecast is $535,437,403,728. Moving averages indicate a short-term bearish 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 cryptocurrency rate forecast for tomorrow, September 21, 2023, we should expect…
The ETH/USD quotes are trading at 1644 and continue to move as part of the development of a correction and a downward channel. The capitalization of the Ethereum cryptocurrency at the time of publication of the forecast is $199,023,375,556. Moving averages indicate a short-term bearish trend for Ether. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset from current levels. At the moment, we can expect an attempt to develop a rise in the value of the coin and a test…
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 1.0670. As part of the Forex forecast for September 20, 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 1.2377. 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 in the British Pound rate against the American Dollar…
The currency pair Australian Dollar to US Dollar (AUD/USD) continues to move as part of the development of a 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 0.6431. At the moment, we should expect an attempt to develop the growth of the pair and…
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 147.64. 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 20, 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 $94.71 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 test the support level near the area of…
The currency pair USD/CAD continues to move within the bearish correction and bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3479. 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 a bearish correction and a test of the support level near the 1.3405 area. Next, a…
The quotes of XAU/USD continue to move within the growth framework and have left the bearish channel. At the time of publication of the forecast, the price of Gold is 1926 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…