Brent continue to move as part of the growth and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 43.45 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from the buyers of Black Gold and the potential continuation of the growth in the value of the asset. At the moment, we should expect an attempt at correction and a test of the support level near the area of…
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 fall of the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3535. Moving averages indicate a short-term bearish trend for the pair. Prices have broken down the area between the signal lines, which indicates pressure from sellers and the potential continuation of the fall in prices in the near future. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near the 1.3615…
GOLD continue to move as part of the growth and the ascending channel. At the time of the publication of the forecast, the price of GOLD is 1804 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from asset buyers and potential continued growth. At the moment, we should expect an attempt to develop a decline and test the support level near the 1800 area. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of…
Silver continue to move as part of the growth and upward channel. At the time of this forecast, Silver prices are at $ 19.21. Moving averages indicate a bullish trend. Prices are retesting the area between the signal lines, which indicates pressure from buyers of the asset and a potential continued growth in the value of the asset. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the support level near the 18.75 area. Where can we expect a rebound and continued growth in the price of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the rising channel. Moving averages indicate a short-term bullish trend for the pair. Prices are testing 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 0.6544. At the moment, we should expect an attempt to grow and test the resistance level near…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and the beginning of the development 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 0.9458. Moving averages indicate a short-term sideways trend in the pair. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers and a potential continuation of the asset’s value growth. At the moment, we should expect an attempt to fall in the US Dollar rate against the Swiss Franc and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move in the framework of growth and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 71.09. 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 the potential continuation of growth. As part of the dollar exchange rate forecast for July 17, 2020, we should expect an attempt to develop a correction and a test of the support level near…
BTC/USD are trading at 9227 and continue to move as part of the fall and the beginning of the development of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $167 849 574 588. Moving averages indicate a short-term bearish trend for Bitcoin. Prices broke through the area between the lines downward, 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, July 17, 2020, we should expect an attempt to develop…
ETH/USD are trading at 238.47 and continue to move as part of the fall and the beginning of the development of the «Triangle» model. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $26 022 770 009. Moving averages indicate the presence of a short-term sideways trend in Ethereum. Prices broke 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. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level…
LTC/USD are traded at 41.56 and continue to move within the fall and the ascending channel. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $2 726 481 889. Moving averages indicate a short-term bearish trend for Litecoin. Prices pierced the area between the signal lines down, which indicates pressure from the sellers of the asset and the potential continuation of the fall. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the resistance level near the 42.55 area. Where can we…