Brent continue to move within the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 64.67 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken the area between the signal lines up, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the area of $ 63.25…
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 1.2684. 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 sellers and a potential continuation of the fall of the price pair in the near future. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1.2725…
GOLD continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1780 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices are testing 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 resistance level near the 1790 area. Where can we expect a rebound and the continued fall in the price…
Silver continue to move as part of the correction and the formation of the “Triangle” pattern. At the time of the publication of the forecast, Silver prices are at $ 27.12. 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 rise 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 26.65 area. Where can we…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the upward channel. Moving averages indicate a short-term bearish trend for the pair. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument’s value 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 0.7206. At the moment, we should expect an attempt to…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the formation of the “Head and Shoulders” pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.8973. Moving averages indicate the presence of a short-term sideways trend in the pair. Prices have broken through the areas between the signal lines, upward, which indicates pressure from buyers 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 slight…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.63. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines down again, 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 February 19, 2021, we should…
BTC/USD are trading at 51261 and continue to move as part of the growth and the ascending channel. The capitalization of Bitcoin cryptocurrency at the time of the publication of the forecast is $965,702,649,962. 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 asset price growth from the current levels. As part of the cryptocurrency rate forecast for tomorrow, February 19, 2021, we should expect an attempt to develop a correction in the value of a…
Ethereum are traded at 1892.30 and continue to move within the correction and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $219,509,971,891. Moving averages indicate a short-term bearish trend for Ethereum. Prices have broken up the area between the signal lines, which indicates pressure from buyers and a potential rise in the asset value from the current levels. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the area of 1775.05. Where can we expect a rebound…
LTC/USD are traded at the level of 225.55 and continue to move within the correction and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $15,190,178,532. Moving averages indicate a short-term bullish trend for Litecoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level…