Author: BYMARKETSCOM

Pound Dollar Forecast GBP/USD for March 7, 2024

Currency pair GBP/USD is trading at 1.2922. Quotes of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the pair Pound/Dollar. At the moment, the pair’s quotes are moving near the upper border of the Bollinger Bands indicator. An insignificant correction is expected near the level of 1.2880, where again we should expect an attempt to continue growth and further development of the upward trend near the level of 1.3075. Bollinger Bands forecast GBP USD on July 14, 2017 The conservative buying area is near the lower…

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EUR/USD forecast Euro Dollar on October 29, 2021

Currency pair EUR/USD is trading at 1.1383. Quotes of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the Euro/Dollar. At the moment, quotes of the pair test the average border of the bands of the indicator Bollinger Bands. An insignificant correction is expected near the level of 1.1360, where again we should expect an attempt to continue growth and further development of the upward trend in the Euro/Dollar pair near the level of 1.1550. Bollinger Bands forecast EUR USD on July 14, 2017 The conservative area…

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WTI crude oil forecast and analysis on August 18, 2022

Quotes Oil WTI traded at a level of 45.47 dollars per barrel. Oil moves above the moving average with a period of 55, indicating a bullish trend for Oil WTI. At the moment, oil quotes are moving near the middle border of the Bollinger Bands indicator bars. An insignificant correction is expected near the level of 45.10 dollars per barrel, where again we should expect an attempt to continue growth and further development of the upward trend in oil near the level of 47.00 dollars per barrel. Bollinger Bands forecast WTI on July 13, 2017 The conservative buying area is…

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Dollar Franc Forecast USD/CHF for March 13, 2024

Gold quotes are traded at the level of 1221.59. Gold moves below the level of the moving average with a period of 55, indicating a bearish trend for gold. At the moment Gold quotes test the upper boundary of the bands of the Bollinger Bands indicator. An insignificant correction is expected near the level of 1225.10, where one should expect an attempt to continue the fall and further development of the downward trend in gold with a target near the level of 1195.50. Bollinger Bands forecast XAU USD on July 13, 2017 The conservative sales area is located near the…

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USD/JPY forecast Japanese Yen on September 23, 2022

Currency USD/JPY is trading at 113.17. The pair is trading above the moving average with a period of 55, indicating a bullish trend for the Dollar/Yen. At the moment, quotes of the pair test the lower border of the bands of the indicator Bollinger Bands. An insignificant correction is expected near the level of 113.05, where again we should expect an attempt to continue growth and further development of the uptrend near the level of 114.75. Bollinger Bands forecast USD JPY on July 13, 2017 The conservative buying area is near the lower border of the Bollinger Bands indicator strip…

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Pound Dollar Forecast GBP/USD for September 13, 2023

Currency pair GBP/USD is trading at 1.2886. Quotes of the pair are traded below the moving average with a period of 55, indicating a bearish trend for the pair Pound/Dollar. At the moment, the pair’s quotes are moving near the middle border of the Bollinger Bands indicator bars. An insignificant correction is expected near the level of 1.2905, from which one should expect an attempt to continue falling and further development of the downward trend with the target near the level of 1.2775. Bollinger Bands forecast GBP USD on July 13, 2017 The conservative sales area is located near the…

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Euro Dollar Forecast EUR/USD for August 31, 2023

Currency pair EUR/USD is trading at 1.1402. Quotes of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the Euro/Dollar. At the moment, quotes of the pair test the average border of the bands of the indicator Bollinger Bands. An insignificant correction is expected near the level of 1.1375, where again we should expect an attempt to continue growth and further development of the upward trend for the Euro/Dollar pair near the level of 1.1530. Bollinger Bands forecast EUR USD on July 13, 2017 The conservative area…

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GOLD Price Forecast and Analysis for August 18, 2023

Quotes of Gold are traded at the level of 1216.01. Gold moves below the level of the moving average with a period of 55, indicating a bearish trend for gold. At the moment, Gold quotes are testing the average border of the Bollinger Bands indicator bars. An insignificant correction is expected near the level of 1223.05, from which one should expect an attempt to continue the fall and further development of the downward trend in gold with a target near the level of 1190.90. Bollinger Bands forecast XAU USD on July 12, 2017 The conservative sales area is located near…

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Brent Crude Oil price Forecast for September 1, 2023

Quotes Oil WTI traded at the level of 45.10 dollars per barrel. Oil is moving below the moving average with a period of 55, indicating a bearish trend for Oil WTI. At the moment, oil quotes are testing the average border of the Bollinger Bands indicator. An insignificant correction is expected near the level of 45.35 dollars per barrel, from which one should expect an attempt to continue the fall and further development of the downward trend for Oil near the level of 42.05 dollars per barrel. Bollinger Bands forecast WTI on July 12, 2017 The conservative sales area is…

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Japanese Yen Prediction September 5 — 9, 2022

Currency USD/JPY is trading at 113.88. The pair is trading above the moving average with a period of 55, indicating a bullish trend for the Dollar/Yen. At the moment, quotes of the pair test the average border of the bands of the indicator Bollinger Bands. An insignificant correction is expected near the level of 113.40, where again we should expect an attempt to continue growth and further develop the uptrend near the level of 115.20. Bollinger Bands forecast USD JPY on July 12, 2017 The conservative buying area is near the lower border of the Bollinger Bands indicator strip at…

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