GOLD continue to move as part of the growth and were able to leave the downward channel. At the time of the publication of the forecast, the price of Gold is 1739 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices have gone up from 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 1725. Where can we expect a rebound and continued growth in the price of Gold with…
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 growth and upward channel. At the time of the publication of the forecast, the price of Silver is 18.25 Dollars. Moving averages indicate a bullish trend. Prices have gone far up from the area between the signal lines, which indicates 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 a downward correction of the metal value and a test of the support level near the area of 17.70. Where can we expect…
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 have gone far up from the area between the signal lines, which indicates 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 0.6294. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6215. Further, as…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the start of development of the «Triangle» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9612. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices push away from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9675. Then, a rebound and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall 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 69.23. Moving averages indicate a short-term bearish trend. Prices have gone down from the area between the signal lines, indicating pressure from sellers of American currency. As part of the forecast for the Dollar on June 2, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 70.45 Rubles per US…
BTC/USD are trading at 9572 and continue to move as part of the growth and upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $176 416 330 031. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices pound the area between the lines, which indicates pressure from Digital Gold buyers. As part of the cryptocurrency rate forecast for tomorrow, June 2, 2020, one should expect an attempt to develop a correction in the value of the digital asset and a test of the support level near the area of 9375.…
ETH/USD are trading at 236.61 and continue to move as part of the growth and upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $26 515 218 379. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 225.05. Where again we should expect a rebound and continued growth of the…
LTC/USD are trading at 46.63 and continue to move as part of the growth and upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 050 929 649. Moving averages indicate the presence of a short-term bullish trend in Litecoin. 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 fall in the value of the digital asset and a test of the support level near the 44.35 area. Where again we should expect a rebound and…
XRP/USD are trading at 0.2025 and continue to move as part of the correction and formation of the «Head and Shoulders» model. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $9 041 341 514. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the asset. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the area of 0.2095. Further, the continuation of the fall of cryptocurrency…
BCH/USD are trading at 243.02 and continue to move as part of the correction and the upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 504 197 991. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and potential growth already from current levels. As part of the cryptocurrency rate forecast for May 29, 2020, we should expect an attempt to develop an asset value correction and a test of the…