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 $ 51.19 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices went up from the area between the signal lines, 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 $ 50.35…
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 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 1.2705. Moving averages indicate a short-term bearish trend for the pair. Prices moved down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the pair of prices in the near future. At the moment, we should expect an attempt to develop a fall…
GOLD continue to move as part of the growth and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1877 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 area of 1835. Where can we expect a rebound and continued growth…
Silver continue to move as part of the growth and left the descending channel. At the time of the publication of the forecast, Silver prices are at $ 25.71. Moving averages indicate a bullish trend. Prices have broken up the area between the signal lines, which indicates pressure from the buyers of the asset and a potential continuation of the rise in value already from the current levels. At the moment, we should expect an attempt to develop a fall in the value of the metal and a test of the support level near the area of 24.75. Where can…
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 0.7166. At…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the downward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.8840. 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 in the asset value from the current levels. At the moment, we should expect an attempt to develop a depreciation of the US Dollar against the Swiss Franc…
Currency pair US Dollar/Russian Ruble USD/RUB 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 Russian Ruble is 72.84. 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 18, 2020, we should expect an attempt to develop a correction and…
BTC/USD are traded at 22674 and continue to move within the growth and ascending channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 422,536,714,418. 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 18, 2020, we should expect an attempt to develop a slight correction in the value of…
Ethereum are trading at 663.09 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 $ 75,489,551,673. 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 615.05 area. Where…
LTC/USD are traded at 85.23 and continue to move within the growth and ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 6,632,183,941. Moving averages indicate a short-term bullish trend for Litecoin. However, 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 the 90.05…