Silver are completing the trading week near the 24.06 area. Quotes continue to move within the correction and the upward channel. Moving averages indicate a bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the metal 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 an asset and a test of the support level near the 20.55 area. Further, the continued growth in the price of Silver with a potential target…
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 Euro/Dollar EUR/USD continues to move within the framework of strong growth and the formation of a bearish “Wolfe Wave” pattern, the pattern allows movement to the level of the swath zone. 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 European currency and a potential continuation of growth from the current levels. At the time of the publication of the forecast, the rate of the Euro to the US Dollar is 1.2066. As you can see, after a strong fear,…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the formation of the bearish “Wolfe Wave” pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3300. 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 currency pair and a potential continued growth of the instrument. At the moment, we should expect an attempt at a bullish correction of the British Pound against the US Dollar and a test…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the downward ”Wolfe Wave” pattern. The “Double Top” reversal pattern is also formed here. Moving averages indicate a short-term bullish trend. Prices have broken the area between the signal lines upwards, 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 forecast, the rate of the Australian Dollar to the US Dollar is 0.7360. At…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY 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 rate of the US Dollar to the Japanese Yen is 104.49. Moving averages indicate a short-term bearish trend for the pair. However, prices have broken up the area between the signal lines, which indicates pressure from US Dollar buyers and a potential continuation of the price growth from the current levels. As part of the forecast for the Japanese Yen rate…
Brent continue to move within the correction and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 47.36 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing 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 correction and a test of the support level near the area of $ 46.45 per…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the formation of a “Double Bottom” reversal pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2937. 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 price pair in the near future. At the moment, we should expect an attempt to develop a fall and a…
GOLD continue to move as part of the growth and left the descending channel. At the time of the publication of the forecast, the price of GOLD is 1803 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices are testing the areas between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a decline and a test of the support level near the 1805 area. Where can we expect a rebound and a…
Silver continue to move within the framework of growth and were able to leave the descending channel. At the time of the publication of the forecast, Silver prices are at $ 23.71. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall in value 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 23.45 area. Where can…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the framework of strong growth and an upward channel. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the currency pair and a potential continuation of the rise 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 0.7041. At the moment, we should…