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 the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2486. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the growth of the price pair in the near future. At the moment, we should expect an attempt to develop a correction and…
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.
Brent continue to move as part of the growth and the beginning of the development of the “Triangle” model. At the time of the publication of the forecast, the price of Brent crude oil is $ 66.86 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken through the areas between the signal lines upward, which indicates pressure from buyers of “Black Gold” and a potential continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt to develop a downward correction and a test of the…
GOLD continue to move as part of the growth and the beginning of the “Double Bottom” pattern. At the time of the publication of the forecast, the price of GOLD is 1777 Dollars per Troy Oz. As you can see, the bull failed to break through the resistance area. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, 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…
Silver continue to move as part of the correction and the development of the bullish Wolfe Wave pattern. At the time of the publication of the forecast, Silver prices are at $ 25.84. Moving averages indicate a bearish trend. 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 fall in value from the current levels. At the moment, we should expect an attempt to develop a bearish correction in the value of the metal and a test of the support level near the area…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9137. Moving averages indicate a short-term bullish trend for 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 develop the growth of the US Dollar against the Swiss Franc and a test of the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 76.20. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the American currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for April 20, 2021, we…
BTC/USD are traded at 56775 and continue to move as part of the fall and the beginning of the development of the “Wedge” reversal pattern. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 1,053,847,195,500. Moving averages indicate a short-term bullish trend for Bitcoin. Prices push off from the area between the signal lines, which indicates pressure from buyers of “Digital Gold” and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, April 20, 2021, we should expect…
Ethereum are trading at 2211.50 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 $255,398,470,511. Moving averages indicate a short-term bullish trend for Ethereum. Prices are testing 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 area of…
XRP/USD are trading at 1.3811 and continue to move as part of the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $62,186,091,191. Moving averages indicate a short-term bullish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the XRP rate growth in the market already from current levels. At the moment, we should expect an attempt to develop a downward correction of the asset and a test of the support…
Stock index S&P 500 continue to move within the framework of good growth and a bullish channel. Moving averages indicate a short-term bullish trend. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth 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 4165. At the moment, we should expect an attempt to develop a correction and test the support level near the 4155 area. Where…