Currency pair Pound/Dollar GBP/USD continues to move as part of the development of a strong bullish correction and a downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.1178. 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 bullish price correction of the British Pound against…
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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.
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the development of a correction and a downward channel. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines down, 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 0.6445. At the moment, we should expect an attempt to develop the growth…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and the bullish channel. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 145.10. 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 forecast for the Japanese Yen on October 4, 2022, we should expect an attempt…
Brent continue to move as part of the growth and the beginning of the development of the reversal pattern “Wedge”. At the time of the publication of the forecast, the price of Brent oil is $88.70 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices are re-tresting the area between the signal lines, which indicates pressure from the sellers of Black Gold and a potential continuation of the decline in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a downward correction and a test of the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction and the bullish channel. However, the pressure from the buyers remains, as we see, the sellers cannot send the pair into a deeper correction. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.3763. 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 and a potential continuation of the price pair growth in the near future. At the moment,…
GOLD continue to move as part of the development of growth and have left the limits of the “Wedge” reversal pattern. At the time of the publication of the forecast, the price of Gold is 1644 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the area of…
Silver continue to move as part of the development of the correction and the bullish channel. At the time of the publication of the forecast, the price of Silver is 19.28. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of the growth in value already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the support level near the 18.90 area. Where should…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have gone down from 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 publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.5654. At the moment, we…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and the beginning of the development of the “Head and Shoulders” model. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9903. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and a potential continued growth in the value of the asset already from current levels. There was already one rebound from the lines…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move within the correction and the downward channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 55.92. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for October 4, 2022, we should expect an attempt to…