GOLD continue to move as part of the rise and the descending channel. At the time of the publication of the forecast, the price of GOLD is 1795 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near the 1780 area. Where can we expect an upward rebound and a continued rise…
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.
Silver continue to move as part of the rise and the bullish channel. At the time of this forecast, Silver prices are at 22.20. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall in value from the current levels. At the moment, we should expect an attempt to develop a decrease in the value of the metal and a test of the support level near the 21.75 area. Where can we expect a rebound upward and the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall in the value of the instrument from the current levels. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6722. At the moment, we should expect…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the bullish channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9216. Moving averages indicate the presence of a short-term sideways trend in the pair. Prices broke through the area between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the asset value from the current levels. At the moment, we should expect an attempt to continue the development of the correction of the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.08. Moving averages indicate a short-term bullish trend. Prices moved up from the area between the signal lines, which indicates pressure from buyers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for December 21, 2021, we should expect an attempt to develop a…
BTC/USD are trading at 45759 and continue to move as part of the fall and the bearish channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $871,813,729,326. Moving averages indicate a short-term bearish trend for Bitcoin. Prices are again testing 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 from the current levels. As part of the cryptocurrency rate forecast for tomorrow, December 21, 2021, we should expect an attempt to develop a…
Ethereum are traded at 3972 and continue to move within the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $454,250,442,153. Moving averages indicate a short-term bearish trend for Ethereum. Prices went down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the decline in the asset’s value from the current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the coin and test the resistance level near the 4085 area.…
XRP/USD are trading at 0.8300 and continue to move as part of the fall and the bearish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $39,897,500,470. Moving averages indicate a short-term bearish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate decline in the market already from current levels. At the moment, we should expect an attempt to develop asset growth and test the resistance level near the 0.8995 area.…
Stock index S&P 500 continue to move within the fall and the bullish channel. There is also a potential for the formation of the ”Triangle” model. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall of the stock index in the market from the current levels. At the time of the publication of the forecast, the index is trading at the level of 4552. At the moment, we should expect an attempt to develop a correction…
LTC/USD are traded at 146.80 and continue to move as part of the correction and the formation of the ”Triangle” pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $10,306,707,848. Moving averages indicate a short-term bearish trend for Litecoin. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of a digital asset and a test…