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 1.3241. Moving averages indicate a short-term bearish trend for the pair. Prices bounced off the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in prices in the near future. At the moment, we should expect an attempt to develop a decline and test the support level near the 1.3225 area. Further,…
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.
GOLD continue to move within the framework of a strong fall and a downward channel. At the time of the publication of the forecast, the price of GOLD is 1947 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 decline. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1945 area. Where can we expect a rebound and the continuation of the fall in the…
Silver continue to move within the fall and the descending channel. At the time of the publication of the forecast, Silver prices are at $ 25.84. 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 the value of the asset. At the moment, we should expect an attempt to develop the growth in the value of the metal and test the resistance level near the 26.25 area. Where can we expect a rebound and the continuation of…
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 bounced off the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall 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 0.6583. 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 the «Triangle» model. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9112. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset. 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 upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.60. 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 13, 2020, we should expect an attempt to develop a decline and test the support level near the area…
BTC/USD are trading at 11580 and continue to move as part of the growth and the ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $212 906 325 709. Moving averages indicate a short-term bullish trend for Bitcoin. Prices bounced off the area between the lines, indicating pressure from Digital Gold buyers and potential continued growth in the asset’s value. As part of the cryptocurrency rate forecast for tomorrow, August 13, 2020, we should expect an attempt to develop a downward correction in the value of a digital asset and a test of the…
ETH/USD are traded at 383.09 and continue to move within the horizontal correction and the ascending channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $43 051 762 344. Moving averages indicate a short-term bullish trend for Ethereum. Prices pushed up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the value of the asset. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the area of 362.55. Where can we expect…
LTC/USD are trading at 54.07 and continue to move within a strong correction and an upward channel. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $3 538 187 234. Moving averages indicate a short-term bullish trend for Litecoin. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continued growth. 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 50.55 area. Where can we expect a…
XRP/USD are trading at 0.2786 and continue to move within the correction and the upward channel. Cryptocurrency capitalization Ripple at the time of the publication of the forecast is $12 612 399 140. Moving averages indicate a short-term bullish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise. At the moment, we should expect an attempt to develop a correction of a digital asset and a test of the support level near the 0.2615 area. Further, the cryptocurrency will continue to grow…