Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3354. 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 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 1.3375 area.…
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.
GOLD continue to move within the growth and ascending channel. A «Triangle» pattern is also forming here, a breakdown of which will indicate the continuation of a confident bullish trend. At the time of the publication of the forecast, the price of GOLD is 1966 Dollars per Troy Oz. 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 asset and potential continued growth. At the moment, we should expect an attempt to develop a correction and test the support level near the 1935 area. Where…
Silver continue to move within the correction and the ascending channel, the «Triangle» pattern is also forming here. At the time of the publication of the forecast, Silver prices are at $ 24.34. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the asset’s value growth. 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 23.05 area. Where can we expect a…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the bullish channel. Moving averages indicate a short-term bullish trend for the pair. Prices have moved away from 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 0.6662. At the moment, we should expect an attempt to grow and test the…
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 0.9136. Moving averages indicate a short-term bearish trend for the pair. Prices moved down from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the fall in the value of the asset. At the moment, we should expect an attempt to correct the US Dollar against the Swiss Franc and test the resistance area near…
Currency pair US Dollar/Russian Ruble USD/RUB 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 forecast, the exchange rate of the US Dollar to the Russian Ruble is 72.47. Moving averages indicate a short-term bullish trend. Prices have moved away 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 forecast for the Dollar on July 30, 2020, we should expect an attempt to develop a decline and…
BTC/USD are trading at 11216 and continue to move as part of the growth and formation of the «Triangle» pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $207 272 486 508. Moving averages indicate a short-term bullish trend for Bitcoin. Prices moved up 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, July 30, 2020, we should expect an attempt to develop a downward correction in the value of…
ETH/USD are trading at 321.54 and continue to move as part of the growth and the ascending channel. Cryptocurrency capitalization Ethereum at the time of the publication of the forecast is $36 126 437 843. 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 area of 295.05. Where can we…
LTC/USD are trading at 55.20 and continue to move as part of the growth and the ascending channel. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $3 609 909 784. Moving averages indicate a short-term bullish trend for Litecoin. Prices pushed up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continued growth. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the 51.25 area. Where can we…
XRP/USD are trading at 0.2357 and continue to move within the growth and upward channel. Cryptocurrency capitalization Ripple at the time of the publication of the forecast is $10 757 957 780. Moving averages indicate a short-term bullish trend for Ripple. Prices bounced off 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 0.2155 area. Further, the cryptocurrency will continue to grow to…