Tesla stock continue to move within the fall and the downtrend channel. Moving averages indicate a short-term bearish trend for Tesla. Prices moved down from the area between the signal lines downward, which indicates pressure from the sellers of securities. At the time of publication of the forecast, the share price is 651.67. As part of the forecast, we should expect an attempt to develop a correction and test the resistance level near the area of 735.05. Further, the rebound and the continuation of the fall in the value of securities. A potential target of such a movement is the…
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 Euro/Dollar EUR/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bullish trend for the pair. However, prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the European currency and a potential continuation of the fall in quotations from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.2064. As part of the Forex forecast for March 4, 2021, we should expect an attempt to develop growth and test the resistance level, which is…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3959. Moving averages indicate a short-term bearish trend. 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 of the instrument. At the moment, we should expect an attempt at a bullish correction of the British Pound against the US Dollar and a test of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend. 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 already from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7815. At the moment, we should expect an attempt to develop a correction and test…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the ascending channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 106.97. 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 US Dollar buyers and a potential continuation of the rise in prices from the current levels. As part of the forecast for the Japanese Yen exchange rate for March 4, 2021, we…
Brent continue to move within the correction and left the upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 63.60 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken through the areas between the signal lines downward, which indicates pressure from sellers of “Black Gold” and a potential continuation of the fall in the value of the asset already from the current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the…
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 1.2621. 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 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 downward correction and…
GOLD continue to move within the fall and the downtrend channel. At the time of the publication of the forecast, the price of GOLD is 1725 Dollars per Troy Oz. Moving averages indicate a short-term 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 from the current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near the 1770 area. Where can we expect a rebound and the continuation of the…
Silver continue to move within the fall and the downtrend channel. At the time of the publication of the forecast, Silver prices are at $ 26.56. Moving averages indicate a bearish 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 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 26.05 area. Where can we expect a rebound and…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate a short-term sideways trend in the pair. Prices broke through the areas between the signal lines downward, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall in the value of the instrument already 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…