Quotes of Natural Gas continue to move within the descending channel. At the time of publication of the forecast, the price of Natural Gas is 7.74 dollars. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which will indicate pressure from sellers and a continuation of the fall from current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the 8.35 area. Further, the continuation of the fall of the gas rate to the area below the level of 6.45. Natural Gas Forecast…
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.
DOGE/USD are trading at 0.0582 and continue to move within the correction and the downward channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices are again testing the area between the signal lines, 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 bullish correction in the value of the digital asset and a test of the resistance level near the 0.0585 area. Where can we expect a rebound down again and a continued fall in the Dogecoin rate…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00001051, they continue to move within the framework of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices are again testing the area with signal lines, which indicates pressure from sellers of the coin and a potential continuation of the fall already from current levels. As part of the SHIB/USD rate forecast, it is worth considering an attempt to develop a bullish correction in the value of a digital asset and a…
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 have broken through the area between the signal lines up, which indicates pressure from buyers of the European currency and a potential continuation of the growth of asset quotes already from current levels. At the time of publication of the forecast, the EUR/USD exchange rate is 1.0005. As part of the Forex forecast for September 21, 2022, we should expect an attempt to develop a slight price…
Currency pair Pound/Dollar GBP/USD continues to move within the correction and the downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.1410. Moving averages indicate the presence of a short-term bearish trend. 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 of the instrument. At the moment, we should expect an attempt to develop a bullish price correction of the British Pound against the US Dollar and a test…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move into the fall and the 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 0.6707. At the moment, we should expect an attempt to develop the growth of the pair…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the correction and the bullish channel. There is potential for the formation of the “Triangle” pattern. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 143.35. 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…
Brent continue to move as part of the next wave of fall and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $91.87 per barrel. The potential for the formation of a double bottom reversal pattern remains. Moving averages indicate a short-term bearish trend in oil. Prices have broken through the area between the signal lines down, 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…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and the bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.3277. 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, we should expect an attempt to develop a bearish price correction and a test of the support level…
GOLD continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the price of Gold is 1670 USD per Troy Ounce. 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 asset and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the 1680 area. Where should we expect…