GOLD continue to move within the correction and ascending channel. At the time of the publication of the forecast, the price of GOLD is 1962 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from sellers of the asset and a potential continuation of the fall. At the moment, we should expect an attempt to develop a decline and test the support level near the 1955 area. Where can we expect a rebound and continued growth in the price of GOLD with a target above…
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.
Silver continue to move within the correction and the upward channel. At the time of this forecast, Silver prices are at $ 27.30. Moving averages indicate a bullish trend. Prices are testing the areas 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 26.85 area. Where can we expect a rebound and continued growth in the price of Silver…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the upward channel. Moving averages indicate a short-term bullish trend for the pair. Prices bounced off the area between the signal lines, 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 0.6600. At the moment, we should expect an attempt to grow and test the resistance level…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and the downward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9121. Moving averages indicate a short-term bearish trend for the pair. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers and a potential continuation of the asset price growth. At the moment, we should expect an attempt to develop a fall in the US Dollar rate against the Swiss Franc and a test of the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.10. 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 20, 2020, we should expect an attempt to develop a decline and test the support level…
BTC/USD are traded at 11723 and continue to move as part of the correction of the ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $217 206 551 985. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are being tested from 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 20, 2020, we should expect an attempt to develop a downward correction in the value of a…
ETH/USD are traded at 406.55 and continue to move within the correction and the ascending channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $45 824 520 310. 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 370.55 area. Where can we expect a rebound…
LTC/USD are traded at 60.68 and continue to move within the correction and the ascending channel. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $3 986 724 930. 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 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 56.55 area. Where can we expect a rebound again…
XRP/USD are trading at 0.2824 and continue to move as part of a decline and an upward channel. Cryptocurrency capitalization Ripple at the time of the publication of the forecast is $13 088 641 185. 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 0.2675 area. Further, the cryptocurrency will continue…
Stock index S&P 500 continue to move within the framework of the growth and the ascending channel, the index is once again trying to break through the local maximum. At the time of the publication of the forecast, the index is trading at 3391. At the moment, we should expect an attempt to develop a slight downward correction and a test of the support level near the 3355 area. Where can we expect a rebound and continued growth in the S&P 500 quotes to the area above the level of 3505. S&P 500 Forecast and Analysis August 20, 2020 An…