Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.1325. 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…
Author: forex24pro
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 publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6655. At the moment, we should expect an attempt to develop the growth of the pair and…
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 144.11. 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 within the framework of another decline and a downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $89.50 per barrel. 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 attempt to develop a bullish correction and a test of the resistance level near…
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 1.3403. 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 correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the price of Gold is 1667 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 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 test the resistance level near the 1675 area. Where should we…
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 19.42. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the fall 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 19.20 area. Where should we…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall 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 0.5878. At the moment, we…
Currency pair Dollar Franc USD/CHF continues to move within the correction and the bullish channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9657. Moving averages indicate the presence of a short-term bearish 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. At the moment, we should expect an attempt to develop a fall in the US Dollar against the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the “Triangle” model. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 59.40. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the US currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the forecast for the Dollar on September 22, 2022, we…