Centfx
Brent oil price is expected to rise more today, September 19, 2024.
The decline in the price of Brent oil stopped when it retested the neckline of the inverted head and shoulders pattern that is visible on the chart. This allowed the price to start making new, profitable trades and attempted to resume the bullish correctional trend. It is currently approaching the 73.80$ level, and a breach of this level would confirm that #fxtrading #fxmarket #fxpedals #centfx
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The NZDUSD price resumes the decline
The NZDUSD price moved in a very negative direction yesterday, closing below 0.6140$ once more. This confirms the expectation that the bearish trend will continue in the coming sessions, with a visit to 0.6070$ as the next major target.
The expected bearish trend is supported by negative pressure formed by the EMA50 and will persist until it breaks above $0.6165$.
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#forextrader #fxtrader #fxtrading #fxmarket #fxpedals #centfx
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Gold price forecast update
Since this morning, the gold price has been settling around the $2515.00$ level as it waits to build up positive momentum that will help it resume the anticipated intraday bullish wave, which primarily targets $2540.00$.
The predicted increase is supported by a move above the EMA50 and will continue to hold if the price stays stable above $2500.00.
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#forextrader #fxtrader #fxtrading #fxmarket #fxpedals #centfx
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Centfx
End of day Ethereum price (ETHUSD)
The price of Ethereum (ETHUSD) traded very negatively in order to break through the 2300.00$ barrier and support the notion that the short-term and intraday decline will continue. The path to our primary target of 2168.74$ is still open, and we would like to remind you that maintaining a position below 2463.00$ is crucial to maintaining negative trades.
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#forextrader #fxtrader #fxtrading #fxmarket #fxpedals #centfx
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Centfx
There are mixed trades in the gold price.
The gold price is trading in a mixed manner as it attempts to resume the intraday bullish trend scenario. To confirm the next destination, we should keep an eye on the 2500.00$ resistance and 2483.40$ support levels. Breaking this resistance will enable the price to reach gains that begin at 2540.00$, while breaking the support will likely result in further losses that
#forextrader #fxtrader #fxtrading #fxpedals #centfx
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The platinum price remains negative - Today's Forecast: 2-9-2024
The price of platinum continued to decline below the MA55, reaching 924.00$ and getting closer to the first goal that had been anticipated. To wait for the additional negative momentum to build up and break through 920.00$ to reach the next key station at 907.00$, we will rely on the 950.00$ level providing an additional barrier. Today's trading rang
#fxtrader #fxtrading #fxmarket #fxpedals #centfx
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Centfx
Sugar price awaits more rise
The sugar price tried to break the 19.60$ level, but it finished yesterday above it. In order to maintain the bullish trend scenario, we're waiting to test the next station, which is 20.04$. If we breach it, it will primarily extend the bullish wave to the 20.76 areas.
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#forextrader #fxtrader #fxtrading #fxmarket #fxpedals #centfx
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