Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the development of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3606. 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 correct and test the resistance level near the area of 1.3645. 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.
Silver continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the price of Silver is 17.50 Dollars. Moving averages indicate a bullish trend. Prices pierced the area between the signal lines up, which indicates pressure from the 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 a fall in the value of the metal and a test of the support level near the area…
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 1765 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from asset buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1745. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1835. XAU/USD Forecast and GOLD…
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 the presence of a short-term bullish trend for the pair. Prices pushed from the area between the signal lines, indicating pressure from buyers of the currency pair. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6408. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6335. Further, within the…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction 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 0.9476. Moving averages indicate a short-term bearish trend for the pair. Prices pushed from the area between the signal lines down, indicating pressure from sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9495. Then, a rebound and continued…
Currency pair US Dollar/Russian Ruble USD/RUB 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 Russian Ruble is 69.48. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers of American currency. As part of the forecast for the Dollar on June 25, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 69.85 Rubles per US Dollar.…
BTC/USD are trading at 9308 and continue to move as part of the fall and the formation of the «Head and Shoulders» reversal pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $171 832 618 685. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices have pierced the area between the lines down, indicating pressure from the sellers of Digital Gold and the potential continuation of the fall in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, June 25, 2020, we should expect an attempt…
ETH/USD are trading at 241.82 and continue to move as part of the fall and the formation of the «Head and Shoulders» reversal pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $26 231 773 986. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices pierced the area between the signal lines down, indicating pressure from the sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area…
LTC/USD are trading at 42.26 and continue to move as part of the fall and the beginning of the development of the «Triangle» model. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $2 781 492 995. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices have pierced the area between the signal lines down, which indicates pressure from asset sellers. At the moment, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 43.25. Where again…
XRP/USD are trading at 0.1808 and continue to move as part of the fall and the beginning of the development of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 121 035 357. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices pierced the area between the signal lines down, indicating pressure from asset sellers. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the area of 0.1825. Further, the continuation of the fall of…