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 $ 46.10 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of «Black Gold» and a potential continuation of the asset’s price growth. At the moment, we should expect an attempt to reduce and test the support level near the area of $ 44.95 per barrel. Further, the continued growth of the oil rate to 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.
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of a decline and a downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3154. Moving averages indicate a short-term bearish trend for the pair. Prices pushed down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the price decline in the near future. At the moment, we should expect an attempt to develop a fall and a test of the support level near the 1.3095…
GOLD continue to move as part of the correction and the formation of the «Triangle» pattern. At the time of the publication of the forecast, the price of GOLD is 1945 Dollars per Troy Oz. 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 asset and a potential continuation of the fall. At the moment, we should expect an attempt to develop a correction and test the resistance level near the 1955 area. Where can we expect a rebound and the continuation of the fall…
Silver continue to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, Silver prices are at $ 27.20. Moving averages indicate a sideways trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of the asset’s value growth. At the moment, we should expect an attempt to develop a bullish correction in the value of the metal and a test of the resistance level near the 27.75 area. Where can we expect a rebound…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices have broken through the areas between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of growth in the near future. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6608. At the moment, we should expect an attempt to grow and test the…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of an inverted «Head and Shoulders» reversal pattern. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9084. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines again, which indicates pressure from sellers and a potential continuation of the decline in the asset’s value from the current levels. At the moment, we should expect an attempt to develop a fall in…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the ascending channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.74. Moving averages indicate a short-term bullish trend. Prices moved up from the area between the signal lines, which indicates pressure from buyers of the American currency and a potential continued growth. As part of the dollar exchange rate forecast for August 27, 2020, we should expect an attempt to develop a decline and test the support level near the area…
BTC/USD are traded at 11442 and continue to move as part of the correction of the formation of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $212 273 005 911. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continued growth in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, August 27, 2020, we should expect an attempt to develop a downward correction in…
ETH/USD are trading at 386.66 and continue to move as part of the correction and the ascending channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $43 576 089 483. Moving averages indicate a short-term bullish trend for Ethereum. Prices are testing 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 350.05 area. Where can we…
LTC/USD are traded at 58.14 and continue to move within the correction and the ascending channel. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $3 828 324 849. Moving averages indicate a short-term bullish trend for Litecoin. Prices push off 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 fall in the value of a digital asset and a test of the support level near the 55.75 area.…