Author: 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.

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the formation of the bullish ”Wolfe Wave” pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 109.57. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area between the signal lines, which indicates pressure from the US Dollar buyers and a potential continuation of price growth from the current levels. As part of the forecast for the Japanese Yen rate for May…

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Brent continue to move in the framework of growth and the rising channel. At the time of publication of the forecast, the price of Brent oil is $ 67.87 per barrel. Moving averages indicate the presence of short-term bullish trend on oil. Prices are repelled from the area between the signal lines, which indicates pressure from the buyers of “black gold” and the potential continuation of the increase in the cost of the asset is already with current levels. At the moment, it is worth an attempt to develop bearish correction and a support level of support near area 66.15…

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Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the framework of the fall and downward channel. At the time of publication of the forecast, the US dollar rate to the Canadian dollar is 1.2083. Moving averages indicate the presence of short-term bearish trends in a pair. Prices struck areas between signal lines down, which indicates pressure from the sellers and the potential continuation of the fall in the price pair is in the near future. At the moment, it is worth an attempt to develop a fall and the support level of support near the region…

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GOLD continue to move within the growth and ascending channel. At the time of the publication of the forecast, the price of GOLD is 1815 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices push off 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 correction and test the support level near the 1795 area. Where can we expect a rebound and a continued rise in the price…

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Silver continue to move within the correction and the bullish channel. At the time of the publication of the forecast, Silver prices are at $ 26.94. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth in value from the current levels. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the support level near the 26.75 area. Where can we expect a rebound and continued…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and have broken the lower border of the bullish channel. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the rise 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 0.7151. At the…

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Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9072. Moving averages indicate a short-term bearish trend for the pair. Prices push off 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 depreciation of the US Dollar against the Swiss…

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Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.26. Moving averages indicate a short-term bearish trend. Prices have broken down the area between the signal lines, which indicates pressure from the sellers 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 May 14, 2021, we should expect an attempt to…

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BTC/USD are trading at 50121 and continue to move as part of the fall and the formation of the bullish ”Wolfe Wave” pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $941,796,393,806. Moving averages indicate a short-term bearish trend for Bitcoin. Prices broke through the area between the signal lines down again, 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, May 14, 2021, we should expect an attempt…

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Ethereum are traded at 3802.62 and continue to move as part of the correction and the bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $445,924,013,538. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to develop a correction in the value of the coin and a test of the support level near the 3465.05…

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