Author: BYMARKETSCOM

GBP/USD forecast Pound Dollar on March 8, 2022

Currency pair GBP/USD is trading at 1.2847. 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 quotes of the pair are moving near the lower border of the bands of the Bollinger Bands indicator. 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 1.2735. Bollinger Bands forecast GBP USD on July 12, 2017 The conservative sales area…

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EUR/USD forecast Euro Dollar on May 12, 2022

Currency pair EUR/USD is trading at 1.1466. 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 upper boundary of the bands of the Bollinger Bands indicator. An insignificant correction is expected near the level of 1.1390, 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 12, 2017 The conservative area…

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Silver Forecast and XAG/USD for March 15, 2024

Gold quotes are traded at the level of 1213.47. 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 lower boundary of the Bollinger Bands indicator bars. An insignificant correction is expected near the level of 1220.60, 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 1195.50. Bollinger Bands forecast XAU USD on July 11, 2017 The conservative sales area is located near the…

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Brent Crude Oil price Forecast for August 17, 2023

Quotes Oil WTI traded at a level of 44.71 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 lower boundary of the bands of the Bollinger Bands indicator. An insignificant correction is expected near the level of 45.14 dollars per barrel, from which one should expect an attempt to continue the fall and further development of the downward trend for Oil WTI near the level of 42.80 dollars per barrel. Bollinger Bands forecast WTI on July 11, 2017 The…

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USD/JPY forecast Japanese Yen on May 11, 2022

Currency USD/JPY is trading at 114.13. 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 upper boundary of the bands of the Bollinger Bands indicator. An insignificant correction is expected near the level of 113.55, where again we should expect an attempt to continue growth and further develop the uptrend near the level of 114.90. Bollinger Bands forecast USD JPY on July 11, 2017 The conservative buying area is near the lower border of the Bollinger Bands indicator strip at…

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GBP/USD Prediction September 5 — 9, 2022

Currency pair GBP/USD is trading at 1.2862. Quotes of the pair are traded below the moving average with a period of 55, indicating a bearish trend for the pair Pound US Dollar. At the moment, the quotes of the pair are moving near the lower border of the bands of the Bollinger Bands indicator. An insignificant correction is expected near the level of 1.2905, from which one should expect an attempt to continue the fall and further development of the downward trend near the level of 1.2760 Bollinger Bands forecast GBP USD on July 11, 2017 The conservative sales area…

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EUR/USD forecast Euro Dollar on July 6, 2022

Currency pair EUR/USD is trading at 1.1390. 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 for the Euro/Dollar pair near the level of 1.1468. Bollinger Bands forecast EUR USD on July 11, 2017 The conservative area…

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GOLD Price Forecast and Analysis for August 24, 2023

Gold quotes are traded at the level of 1213.99. 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 lower boundary of the Bollinger Bands indicator bars. An insignificant correction is expected near the level of 1230.40, 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 1209.10. Bollinger Bands forecast XAU USD on July 10, 2017 The conservative sales area is located near the…

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WTI crude oil forecast and analysis on January 12, 2021

Quotes Oil WTI traded at the level of 43.95 dollars per barrel. Oil is moving below the moving average with a period of 55, indicating a bearish trend for WTI Oil. At the moment, oil quotes are testing the lower boundary of the bands of the Bollinger Bands indicator. An insignificant correction is expected near the level of 44.67 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 43.50$. Bollinger Bands forecast WTI on July 10, 2017 The conservative sales area is…

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Japanese Yen Forecast USD/JPY for March 13, 2024

Currency pair USD/JPY is trading at 113.90. 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 upper boundary of the bands of the Bollinger Bands indicator. An insignificant correction is expected near the level of 113.27, where again we should expect an attempt to continue growth and further development of the uptrend near the level of 114.40. Bollinger Bands forecast USD JPY on July 10, 2017 The conservative area for USD/JPY pair buying is near the lower border of the…

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