Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of growth and have left the limits of the downward correction channel. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 135.44. 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 US Dollar and a potential continuation of price growth already from current levels. As part of the forecast for the Japanese Yen on August…
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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.
Brent continue to move as part of the fall and the formation of a reversal pattern “Wedge”. At the time of the publication of the forecast, the price of Brent oil is $92.77 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 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…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and continued development of the bullish “Wolfe Wave” model. The potential for the formation of a reversal pattern “Head and Shoulders” remains. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2914. 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,…
GOLD continue to move as part of the fall and have left the limits of the bullish channel. At the time of the publication of the forecast, the price of Gold is 1760 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 1785 area. Where…
Silver continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the price of Silver is 19.73. Moving averages indicate a bullish trend. Prices have broken through the areas between the signal lines down, which indicates pressure from sellers 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 an increase in the value of the metal and a test of the resistance level near the area of 20.35. Where should we expect…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the development of the correction and the formation of the “Head and Shoulders” reversal pattern. Prices bounced off the upper border of the channel, which is a strong signal for a further fall in prices. Moving averages indicate the presence of a short-term bullish trend for the pair. 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…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and the completion of the formation of the bullish “Wolfe Wave” model. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9538. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the areas between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an…
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 the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 56.87. Moving averages indicate the presence of a short-term bullish trend. Prices are again testing the area between the signal lines, 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 USD exchange rate forecast for August 18, 2022, we…
BTC/USD are trading at 23374 and continue to move as part of the development of the fall and left the bullish channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $448,204,319,157. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth in the value of the asset already from current levels. As part of the cryptocurrency exchange rate forecast for tomorrow, August 18, 2022, we should expect an…
Ethereum are trading at 1831 and continue to move as part of the fall and left the bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $224,516,750,714. Moving averages indicate a short-term bullish trend for Ethereum. Prices are again testing the area between the signal lines, 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 rise in the value of the coin and a test of the resistance level…