Brent continue to move as part of the correction and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the price of Brent crude oil is $ 42.28 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 to grow and test the resistance level near the area of 43.55 dollars per…
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 correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3573. 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 continued fall in prices in the near future. At the moment, we should expect an attempt to develop a correction and test the resistance level near the area of 1.3610. Further, the…
GOLD continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of GOLD is 1799 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 the buyers of the asset. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1780. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1865.…
Silver continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Silver is 18.60 Dollars. Moving averages indicate a bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the asset and the potential continuation of the growth in the value of the asset. At the moment, we should expect an attempt to develop the correction of the metal value and a test of the support level near the area of 18.25. Where can we expect a rebound and continued growth…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of growth and an upward channel. Moving averages indicate a short-term bullish trend for the pair. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the currency pair and the potential continuation of growth. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6564. At the moment, we should expect an attempt to fall and test the support level near the area…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9402. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the US Dollar against the Swiss franc and test the resistance area near the level of 0.9435. Then,…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 70.87. 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 forecast for the Dollar on July 10, 2020, we should expect an attempt to develop a bullish correction and test the resistance…
BTC/USD are trading at 9218 and continue to move as part of the fall and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $170 369 196 417. Moving averages indicate the presence of a short-term bullish trend in Bitcoin. Prices are testing the area between the lines, which indicates pressure from the buyers of Digital Gold and the potential continuation of the rise in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow July 10, 2020, we should expect an attempt to continue the development of the…
ETH/USD are trading at 238.41 and continue to move as part of the bullish correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $26 922 767 030. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices broke through the area between the signal lines up, which indicates pressure from buyers and the potential continuation of the rise. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 243.05. Where again…
LTC/USD are trading at 43.57 and continue to move as part of the bullish correction and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 868 187 270. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the asset and the potential continued growth. At the moment, we should expect an attempt to continue the correction of the value of the digital asset and a test of the resistance level near the area…