Silver continue to move within the correction and the upward channel. At the time of the publication of the forecast, Silver prices are at $ 27.15. 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 expect a rebound and continued…
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.
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 a bearish ”Wolfe Wave” pattern. 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 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 0.7230. At…
Currency pair Dollar Franc USD/CHF continues to move as part of a decline and an upward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.8904. 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 in the US Dollar rate…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the downward channel. At the time of publication of the forecast, the exchange rate of the US dollar to the Russian ruble is 73.58. 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 12, 2021, we should expect an attempt to develop…
BTC/USD are trading at the level of 47977 and continue to move within the framework of a strong growth and an upward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $879,512,741,377. 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 12, 2021, we should expect an attempt to develop a…
Ethereum are trading at 1803.29 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 $204,827,678,209. 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 1675.05 area. Where can we expect a…
LTC/USD are traded at the level of 188.85 and continue to move as part of the growth and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 12,376,955,979. 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 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…
XRP/USD are traded at 0.5237 and continue to move within the growth and upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $23,590,826,862. Moving averages indicate a short-term bullish trend for Ripple. 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 the XRP rate in the market from the current levels. At the moment, we should expect an attempt to develop a downward correction of the asset and a test of the support level near…
Stock index S&P 500 continue to move within the framework of the growth and the rising channel. Moving averages indicate a short-term bullish trend. Prices broke up the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth of the stock exchange index in the market from the current levels. At the time of the publication of the forecast, the index is trading at 3907. At the moment, we should expect an attempt to develop a correction and test the support level near the 3845 area. Where can we expect…
BCH/USD are trading at the level of 534.63 and continue to move within the remainder and ascending channel. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $9,787,460,515. Moving averages indicate a short-term bullish trend for Bitcoin Cash. 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 from the current levels. As part of the cryptocurrency rate forecast for February 12, 2021, we should expect an attempt to develop an asset price correction and test the…