Brent continue to move within the correction and the beginning of the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 63.96 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have broken down the area between the signal lines, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise 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…
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 downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2501. 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 decline in the price pair in the near future. At the moment, we should expect an attempt to develop a correction and a test of the support level…
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 1730 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 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 area of 1740. Where can we expect a rebound and the continuation of the fall…
Silver continue to move within the fall and the downtrend channel. At the time of the publication of the forecast, Silver prices are at $ 25.52. 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 growth in value already from the current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the metal and a test of the resistance level near the 26.05 area. Where can we expect a…
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 went down from 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 Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.7150. At the moment, we should…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth 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 0.9304. 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 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 slight correction in the US Dollar against the Swiss Franc and a…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction 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 74.40. Moving averages indicate a short-term bearish trend. Prices are again testing the areas 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 March 23, 2021, we should expect an attempt to…
BTC/USD are traded at 58118 and continue to move as part of the correction and the formation of the ”Triangle” pattern. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $1,078,997,342,886. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again testing 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, March 23, 2021, we should expect an attempt to develop a…
Ethereum are trading at the level of 1799.32 and continue to move as part of the correction and the formation of the ”Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $206,695,988,857. Moving averages indicate a short-term bearish trend for Ethereum. Prices are testing the area between the signal lines, 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 a correction in the value of the coin and a test…
XRP/USD are trading at the level of 0.5123 and continue to move within the growth and ascending channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $23,608,718,234. Moving averages indicate a short-term bullish trend for Ripple. Prices pushed up from 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…