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 $ 42.30 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have broken the area between the signal lines up, which indicates pressure from buyers of “Black Gold” and a potential continuation of the growth of the asset value. At the moment, we should expect an attempt to correct and test the support level near the area of $ 41.15 per barrel. Further, the continued growth of the oil rate to…
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 growth and the ascending channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3216. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines again, which indicates pressure from buyers and a potential continuation of the price pair’s growth in the near future. At the moment, we should expect an attempt to develop a decline and test the support level near the 1.3165 area.…
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 1940 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices bounced off the area between the signal lines, which indicates pressure from buyers of the asset and potential continued growth. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1970 area. Where can we expect a rebound and the continued fall in the price of GOLD with a…
Silver continue to move within the framework of the correction and the formation of the “Triangle” pattern, however, prices are already trying to fall, as we see the sellers are trying to seize the initiative. At the time of the publication of the forecast, Silver prices are at $ 26.52. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a bullish…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the beginning of the development of the downward ”Wolfe Wave” pattern at higher time frames. 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 continued 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 0.6728. At the moment,…
Currency pair Dollar Franc USD/CHF continues to move in the framework of the correction and the formation of the “Head and Shoulders” model, buyers are unable to break through the nearest resistance. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9096. 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 the asset value from the current levels. At the moment, we should expect…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of a large “Wedge” reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.23. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the American currency and potential continued growth. As part of the dollar exchange rate forecast for September 18, 2020, we should expect an attempt to develop growth and test the resistance level near…
BTC/USD are trading at 10812 and continue to move as part of the growth, however, buyers have not yet been able to break through the important resistance area at 11000. Cryptocurrency capitalization Bitcoin at the time of the publication of the forecast is $201 126 163 846. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the sellers of Digital Gold and a potential continuation of the fall in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, September 18,…
ETH/USD are traded at 378.02 and continue to move as part of the growth and formation of the “Triangle” pattern. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $43 021 893 282. Moving averages indicate a short-term bullish trend for Ethereum. Prices are testing the areas between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt at a bearish correction in the value of the coin and a test of the support level…
LTC/USD are traded at the level of 47.90 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $3 179 357 818. Moving averages indicate a short-term bearish trend for Litecoin. 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 from the current levels. At the moment, we should expect an attempt to develop a decrease in the value of a digital asset and…