GOLD continue to move within the correction and ascending channel. At the time of the publication of the forecast, the price of GOLD is 1875 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. However, prices broke up the area between the signal lines, which indicates pressure from the 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 1835 area. Where can we expect a rebound and continued growth in the price of…
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.
Silver continue to move within a strong downward correction and an upward channel. At the time of the publication of the forecast, Silver prices are at $ 26.00. 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 area of 24.95. 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 correction and the formation of the “Head and Shoulders” reversal pattern. 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 0.7018. At…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and were able to leave the descending channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.8894. 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 in the asset value from the current levels. At the moment, we should expect an attempt to develop a slight decline in the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a bullish correction and a downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.21. 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 US currency and the potential continued growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for December 22, 2020, we should expect an attempt to develop a…
BTC/USD are traded at 22751 and continue to move as part of the correction and the upward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 421,534,119,358. 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, December 22, 2020, we should expect an attempt to develop a slight correction in…
Ethereum are trading at 610.89 and continue to move as part of the correction and the beginning of the ”Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 69,460,106,153. 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 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…
LTC/USD are traded at 106.59 and continue to move as part of the correction and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 7,011,015,430. 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 0.5239 and continue to move within the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $ 23,952,871,679. Moving averages indicate a short-term downtrend in Ripple. Prices are testing 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 an asset correction and a test of the support level near the 0.4725 area. Further,…
Stock index S&P 500 continue to move within the framework of a strong fall and an upward channel. Moving averages indicate a short-term 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 growth of the stock index in the market already from the current levels. At the time of the publication of the forecast, the index is trading at 3630. At the moment, we should expect an attempt to develop a correction and test the support level near the 3525 area. Where can…