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September 2022 Forecast Review

In this article, we review our calls in September. On the first day of September, we forecasted that crypto assets Bitcoin, Ethereum, and Solana will rally to $45,000, $3000, and $100 respectively. This call was not valid. The next day, we forecasted that Apple’s share price will bounce to $173. This call was also wrong. On the 6th of September, we forecasted that the Japanese Yen will gain against the US Dollar and fall to 130. Our analysts think this call is still in progress.

On September 8, we forecasted that Dow Jones will break the 2022 support of $26,630 to the downside. We also forecasted on the 9th of September that Oil will fall to $62. These two calls did not hit their respective targets. On the 12th of September, we forecasted that Coinbase might rally to a $100 psychological level. This call was also invalid. 

On the 14th of September, we called Goldman Sachs and said it will rally to break the $359 resistance mark to the upside. This call hit its target. On the 15th of September, we forecasted that NZDUSD will rally from 0.59774 to 0.61600. This call also hit its target. On the 20th, we forecasted that Bitcoin will break the support of $17,625 to the downside. This forecast was spot on!

On the 23rd of September, we forecasted that Microsoft will rally to $250. This call was accurate as the forecast hit its target. On the 27th of September, we called on the Euro-Franc currency pair. We forecasted that EURCHF will rally to 1.02223. Our analysts believe that this call is still in progress which means it’s still valid. Our last call was on the 30th of September. We forecasted that Dow Jones will rally above $30,000. This call was spot on!

Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get currencies in your portfolio? Schedule a meeting with us here

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