Brent continue to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the price of Brent oil is $110.99 per barrel. Moving averages indicate the presence of a short-term bullish trend in oil. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of Black Gold and a potential continuation of the growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a fall and test the support level near…
Author: forex24pro
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.
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the Head and Shoulders reversal pattern. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2816. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the price pair growth in the near future. At the moment, we should expect an attempt to develop a price reduction and a test…
GOLD continue to move as part of the growth and the downward channel. At the time of the publication of the forecast, the price of Gold is 1866 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1870 area. Where should we expect a rebound down and a continuation…
Silver continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of Silver is 22.09. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, 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 22.45. Where should we expect a rebound down…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of a strong correction and a downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from current levels. At the time of publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6456. At the moment, we…
Currency pair Dollar Franc USD/CHF continues to move as part of a strong fall and a bullish channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9593. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have gone down from the area 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 attempt to develop a correction in…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the downward channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 54.50. Moving averages indicate the presence of a short-term bearish trend. Prices went down from the area between the signal lines down, which indicates pressure from sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for May 26, 2022, we should expect an…
BTC/USD are trading at 29486 and continue to move within the correction and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $563,322,250,120. Moving averages indicate the presence of a short-term downward trend for Bitcoin. Prices have gone down from the area between the signal lines, which indicates pressure from the sellers of ”Digital Gold” and a potential continuation of the fall in the value of the asset already from current levels. As part of the cryptocurrency rate forecast for tomorrow, May 26, 2022, we should expect an attempt to…
Ethereum are trading at the level of 1974 and continue to move as part of the fall and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $238,992,957,416. Moving averages indicate a short-term bearish trend for Ethereum. Prices have gone down from the area 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 attempt to develop a correction in the value of the coin and a…
XRP/USD are trading at 0.4027 and continue to move as part of the fall and the formation of the “Triangle” pattern. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $19,794,704,249. Moving averages indicate the presence of a short-term bearish trend for Ripple. 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 decline in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a correction of…