Quotes of Natural Gas continue to move within the correction and the bullish channel. At the time of publication of the forecast, the price of Natural Gas is 9.07 dollars. Moving averages indicate an uptrend. Prices have gone up from the area between the signal lines, which will indicate pressure from buyers and continued growth from current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the 8.55 area. Further, the continuation of the growth of the gas rate to the area above the level of 11.05. 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 0.0638 and continue to move within a slight correction and a downward channel. Moving averages indicate a short-term bearish trend for Dogecoin. 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 in the value of the digital asset and a test of the resistance level near the 0.0665 area. Where can we expect a rebound down again and a continued fall in the Dogecoin…
SHIBA INU is trading at the time of publication of the forecast at 0.00001253, continues to move within a small correction and left the bullish channel. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of growth already from current levels. As part of the SHIB/USD rate forecast, it is worth considering an attempt to develop a correction in the value of a digital asset and a test of the resistance area near…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. Prices are testing another area of support, the breakdown of which will indicate a strong continuation of the fall. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices once again pushed down from 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 0.9927. As part…
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 1.1661. 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 of the instrument. At the moment, we should expect an attempt to develop a bullish correction in the price of the British Pound against the US…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of 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 0.6850. At the moment, we should expect an attempt to develop the growth of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of strong growth and a bullish channel. At the time of the publication of the forecast, the US dollar against the Japanese Yen is 138.69. 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 August 30, 2022, we should…
Brent continue to move as part of growth and a bullish channel. At the time of the publication of the forecast, the price of Brent oil is $99.36 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of ”Black Gold” and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 98.05 dollars per barrel.…
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 1.3069. 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 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 1722 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 test the resistance level near the 1735 area. Where should we expect a rebound…