The currency pair of the US Dollar to Mexican Peso USD/MXN continues to move as part of the fall and the long-term downward channel. At the time of publication of the forecast, the US Dollar to Mexican Peso exchange rate is 19.89. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near the 20.00 area. Then, as part of the forecast for the pair, the pair is expected to continue falling to the area below the level of 19.40. Mexican Peso Forecast October 26, 2022 In favor of the decline in…
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 US Dollar to Turkish Lira USD/TRY currency pair continues to move as part of the growth of the bullish channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Turkish Lira is 18.60. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the 18.45 area and the…
Currency pair US Dollar to Polish Zloty USD/PLN continues to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset. At the time of publication of the forecast, the exchange rate of the US Dollar to the Polish Zloty is 4.84. At the moment, we should expect an attempt to develop a correction and test the support level near the 4.70 area. Then, the continued growth of…
Currency pair US Dollar to South African Rand USD/ZAR continues to move as part of the growth and the bullish channel. The potential for the formation of the “Triangle” model remains, as a rule, buyers break through this model upwards. At the time of publication of the forecast, the exchange rate of the US Dollar to the South African Rand is 18.42. At the moment, we should expect an attempt to fall and a test of the support level near the area of 18.10. Further, the continuation of the growth of the pair to the area above the level of…
Currency pair US Dollar to Swedish Krona USD/SEK continues to move as part of the correction and the formation of the “Triangle” model, a breakdown of which will indicate a strong growth of the pair. At the time of publication of the forecast, the exchange rate of the US Dollar to the Swedish Krona is 11.13. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the pair. At the moment, we should expect an attempt to develop a correction and…
The US Dollar to Norwegian Krone USD/NOK currency pair continues to move as part of a correction and a long-term bullish channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Norwegian krone is 10.53. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the pair and a potential continuation of growth in the near future. At the moment, we should expect an attempt to develop a correction and test the…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate the presence of 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 European currency and a potential continuation of the fall in asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 0.9825. As part of the Forex forecast for October 25, 20222, we should expect an attempt to develop a slight rise…
Currency pair Pound/Dollar GBP/USD continues to move as part of the development of the correction and the downward channel. The potential for the formation of the “Triangle” model remains. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.1306. Moving averages indicate the presence of a short-term bearish trend. 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 of the instrument. At the moment, we should expect an attempt to develop a…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the development of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend. 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 already from current levels. At the time of the publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6295. At the moment, we should expect an attempt to develop a bullish correction…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 149.38. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth already from current levels. As part of the Japanese Yen exchange rate forecast for October 25, 2022, we should…