Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong fall and a downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 104.73. 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 the sellers of the US Dollar and a potential continuation of the fall in prices already from the current levels. As part of the forecast for the Japanese Yen rate for…
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 within the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 61.43 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken the area between the signal lines upwards, 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 $ 58.65…
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 1.2693. 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 fall of the pair in the near future. At the moment, we should expect an attempt to develop a decline and a…
GOLD continue 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 price of GOLD is 1844 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices broke through the area between the signal lines upwards, 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 decline and test the support level near the 1810 area. Where can we expect a rebound…
Silver continue to move within the growth and the ascending channel. At the time of the forecast publication, Silver prices are at $ 27.24. Moving averages indicate a 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 rise in value from the current levels. At the moment, we should expect an attempt to develop a decline in the value of the metal and a test of the support level near the 25.55 area. Where can we expect a rebound and continued growth in…
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 bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth 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 0.7214. At the moment, we should expect an…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.8909. Moving averages indicate a short-term bullish trend for the pair. However, prices have broken through the area between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the asset value already from current levels. At the moment, we should expect an attempt to develop a slight fall…
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 73.78. 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 February 11, 2021, we should expect an attempt to…
BTC/USD are trading at 45790 and continue to move within a strong growth and an upward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $850,185,426,416. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the signal lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the asset’s price growth from the current levels. As part of the cryptocurrency rate forecast for tomorrow, February 11, 2021, we should expect an attempt to develop a correction in the value of a…
Ethereum are traded at 1747.42 and continue to move within the growth and ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $199,980,830,059. 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 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 1540.05. Where can we expect a rebound and…