Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2730. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines downward, 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 test the support level near 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.
GOLD continue to move within the framework of the growth and the ascending channel. At the time of the publication of the forecast, the price of GOLD is 1934 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices went up 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 decline and test the support level near the 1915 area. Where can we expect a rebound and continued growth in the…
Silver continue to move within the growth and the ascending channel. At the time of the forecast release, Silver prices are at $ 27.32. Moving averages indicate a bullish trend. Prices bounced off 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 26.55 area. Where can we expect a rebound and continued growth in the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the bullish 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 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 0.7183. At the moment, we should expect…
Currency pair Dollar Franc USD/CHF continues to move as part of a decline and a downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.8814. Moving averages indicate a short-term bearish trend for the pair. Prices have gone down again from 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 slight depreciation of the US Dollar against the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the downward pattern “Head and Shoulders”. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.67. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines 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 January 5, 2021, we…
BTC/USD are traded at 32024 and continue to move as part of the correction and the ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $ 590,451,082,607. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the 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, January 5, 2021, we should expect an attempt to develop a slight correction in the value of…
Ethereum are trading at the level of 1052.19 and continue to move as part of the growth and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 117,851,763,837. 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 continuation of the 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…
LTC/USD are trading at 155.88 and continue to move as part of the rise and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 9,985,567,277. Moving averages indicate a short-term bullish trend for Litecoin. Prices went up 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 correction in the value of a digital asset and a test of the support level near…
XRP/USD are trading at 0.2284 and continue to move within the fall and the downward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $ 10,864,867,091. Moving averages indicate a short-term downtrend in Ripple. 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 XRP rate fall in the market already from current levels. At the moment, we should expect an attempt to develop a bullish correction of the asset and a test of the resistance level near the 0.2975…